by Rohit Dayanand -

MICROCAPITAL BRIEF: Ilu Women’s Empowerment Fund Invests $1m in Acceso Financiero for Microfinance in Honduras

The managers of the Ilu Women’s Empowerment Fund recently invested USD 1 million from the fund in the Honduran unit of Mexico-based Acceso Financiero, a microfinance institution (MFI) that provides credit to approximately 40,000 low-income clients in rural El Salvador, Guatemala, Honduras and Mexico. The investment, which is in the form of “risk adjusted blended finance capital,” is

by Benjamin Greissman -

MICROCAPITAL BRIEF: ADEL, CGF Bourse, UNCDF Announce First Disbursement from Fonds d’Investissement Territorial (FIT), Harnessing Diaspora to Invest in SMEs in Senegal

Two Senegalese investment firms, Alliance Diaspora Economies Locales (ADEL) and CGF Bourse, have partnered with the UN Capital Development Fund (UNCDF) to create an investment fund intended to generate both profits and social returns. The fund, Fonds d’Investissement Territorial (FIT), is enlisting

by Kevin van den Brink -

MICROCAPITAL BRIEF: Cameroon Cooperative Credit Union League (CamCCUL) Members to Access Agricultural Credit Facilitation Fund of Projet d’Appui au Développement de la Microfinance Rurale (PADMIR)

Nine financial cooperatives associated with the Cameroon Cooperative Credit Union League (CamCCUL), a network of 208 financial institutions that also provides financial services directly to the public, have met the requirements to access the Agricultural Credit Facilitation Fund of Projet d’Appui au Développement de la Microfinance Rurale (PADMIR), a Cameroon-based investor in microfinance institutions (MFIs).