Suchergebnisse
11. Nov. 2019 · FMO itself will provide EUR 140 mln. Fatoumata Bouaré, Chief Risk and Finance Officer of FMO said: “We are very grateful for the support of the EU and Dutch government for the FMO Ventures Program. This blended finance solution allows FMO to invest in early-stage opportunities that have high development potential and lower investment risk.
FMO, the Dutch entrepreneurial development bank announced today that it has committed € 5.5 million in a convertible note and Series B redeemable preferred shares to SolarX, a West African C&I player active in Senegal, Mali and Burkina Faso and Côte d’Ivoire. The financing was provided through FMO’s Ventures Program and Building Prospect ...
What is our funding objective? Established in 2014, dopay is a start up technology company providing innovative solutions to enhance financial inclusion. FMO aims to support dopay in growing its Egyptian activities and replicating the business in other MENA markets as well as further business development. FMO will issue a convertible loan of up ...
13. Aug. 2020 · FMO is proud to announce the closing of its first loan to the microfinance sector of Burkina Faso. FMO signed a EUR 3 mln loan facility to Alliance de Credit et d'Epargne pour la Production Burkina Faso (ACEP BF). The transaction will support on-lending to micro, small and medium sized enterprises (MSMEs) and will be funded by MASSIF, a financial inclusion fund that FMO manages on behalf of ...
FMO is the Dutch entrepreneurial development bank. It is our mission to enable entrepreneurs to increase inclusive and sustainable prosperity. We invest in over 85 countries, supporting jobs and income generation in order to improve people’s lives in the parts of the world where we can make the biggest difference.
This project is funded through the Investee Strengthening component of the FMO Ventures Program Technical Assistance Facility, co-funded by the Dutch Government and European Union. This component seeks to enable the Ventures Program investees to meet relevant standards, improve company performance efficiency and revenue, and increase the impact ...
FMO has executed its first investment in the financial sector of Sierra Leone. FMO and A Call to Business Savings and Loans (ACTB) signed a 3-year loan agreement to support on-lending to micro-entrepreneurs, small and medium enterprises (MSMEs) in Sierra Leone. The loan is provided in Sierra Leonean Leones (SLL), at the equivalent of USD 1.5 million. The transaction will support much needed ...
