MICROFINANCE EVENT: 19th Annual Global Microfinance Forum; March 14-15, 2024; Amsterdam, Netherlands

This forum will bring stakeholders together to discuss topics such as: (1) Climate-smart Financing for Smallholder Farmers; (2) Women’s Economic Empowerment by MFIs [Microfinance Institutions]; and (3) Green & Sustainable Finance; Genuine Change from MFIs.

MICROCAPITAL BRIEF: UNI2 Microcrédito of Colombia Raises $3m in Debt from Triodos Microfinance Fund, Triodos Fair Share Fund

Netherlands-based Triodos Investment Management recently disbursed a total of USD 3 million from its Triodos Microfinance Fund and Triodos Fair Share Fund to UNI2 Microcrédito, a Colombian microfinance institution (MFI), to support the growth of the MFI’s loan portfolio. Established in 2014, UNI2 provides microcredit for purposes such as

MICROFINANCE EVENT: Social Enterprise World Forum (SEWF23); October 11-12, 2023; Amsterdam, the Netherlands

The goal of this event is to champion the use of social enterprise as a catalyst for positive change worldwide. The topics to be discussed include: (1) The Role of Corporates in Social Enterprise Partnerships; and (2) Migration: Entrepreneurial Solutions for Better Lives and Livelihoods.

MICROCAPITAL BRIEF: Hamkorbank of Uzbekistan Borrows $50m from FMO to Fund SMEs Owned by Women, Youth; Microenterprise; Climate Projects

The Dutch development bank Financierings-Maatschappij voor Ontwikkelingslanden (FMO) recently loaned USD 50 million to Uzbekistan-based Joint Stock Commercial Bank Hamkorbank. Hamkorbank plans to use 70 percent of the fresh funds to finance

MICROFINANCE EVENT: Unlocking Solar Capital (USC) Africa; May 31 – June 1, 2023; Kampala, Uganda

The fifth iteration of this event will promote partnerships between investors and project developers to work toward universal energy access. The event will include sessions such as: (1) Integrated Energy Planning & Smart Subsidies to Achieve

MICROCAPITAL BRIEF: Arohan of India Raises $11m in Equity from FMO to Expand Microfinance, Including via Technology

Arohan Financial Services, an India-based microfinance institution (MFI) offering credit and insurance services to groups, individuals and other MFIs, recently accepted an equity investment in local-currency equivalent to USD 11 million from the Dutch development bank Financierings-Maatschappij voor Ontwikkelingslanden (FMO). Arohan plans to use the fresh capital

MICROCAPITAL BRIEF: Asociación de Cooperativas Argentinas (ACA) Borrows $80m from FMO, FinDev Canada, Rabobank to Boost Exports of Produce from 50,000 Farms in Argentina

Asociación de Cooperativas Argentinas (ACA), a network of 143 agricultural cooperatives in Argentina, recently borrowed USD 80 million from three institutions, led by the Dutch development bank Financierings-Maatschappij voor Ontwikkelingslanden (FMO). FMO is lending ACA half of the total, and

MICROCAPITAL BRIEF: Oikocredit Loans MyCredit $2.6m for SME Financing in Kenya

Oikocredit, a Netherlands-based cooperative, recently lent MyCredit, a Kenya-based non-bank financial services company, USD 2.6 million for lending to small and medium-sized enterprises (SMEs). MyCredit CEO George Mbira commented, “The secured funding will support MyCredit’s strategic

MICROCAPITAL BRIEF: Oikocredit Loans $2.5m to Grace and Mercy Microfinance Institution to Support MSMEs, Women Entrepreneurs in Nigeria

Oikocredit, a Netherlands-based cooperative, recently offered a loan of USD 2.5 million to Grace and Mercy Households Improvement Initiative, a nonprofit microfinance institution in Nigeria. The loan is intended to support the expansion of

MICROCAPITAL BRIEF: FMO Loans $10m to Bank Respublika to Support Women, Youth, Entrepreneurs Struggling with COVID-19 Pandemic in Azerbaijan

Nederlandse Financierings-Maatschappij voor Ontwikkelingslanden (FMO), a Dutch public-private partnership, recently loaned the equivalent of USD 10 million in local currency as a senior term loan to Bank Respublika, a commercial institution in Azerbaijan. The funds are intended to reduce

MICROCAPITAL BRIEF: Maha Agriculture Borrows $6m from FMO for Digital Microfinance in Myanmar

The Netherlands Development Finance Company, which also is known by its Dutch acronym FMO, recently disbursed a loan of USD 6 million to Myanmar-based microfinance institution (MFI) Maha Agriculture Public Company Limited to be on-lent as microloans in rural Myanmar. The goal of the loan is to support small-scale farmers

MICROCAPITAL BRIEF: ASN-Novib Microcredit Fund Goes Public on Euronext Stock Exchange

The ASN-Novib Microcredit Fund [EUR 54.07 -0.02%] [1], which is managed by the Algemene Spaarbank voor Nederland (ASN Bank), a Dutch bank, and Oxfam Novib, the Dutch branch of UK-based NGO Oxfam International, recently went public on Euronext, a stock exchange in the Dutch city of Amsterdam [2][3].