The 
Huruma Fund, a public-private impact investment vehicle with commitments of EUR 120 million (USD 145 million), recently issued a three-year loan of EUR 3 million (USD 3.58 million) to Cooperativo de Ahorro y Crédito (COOPAC) Norandino of Peru, a microfinance institution (MFI) aiming to provide services such as “tailored credit and savings products, at interest rates that are lower than market average” to the agrarian sector in northern Peru. To complement the loan, various partners of Huruma will support COOPAC Norandino “with projects to improve social performance, digitisation and
