It was a successful first half of the year for the Technical Assistance Facility of the Fairtrade Access Fund (FAF TAF), managed by Incofin Investment Management (Incofin IM). On June 27th, the FAF TAF Committee, represented by Fairtrade International and Incofin IM on behalf of the FAF Fund and its donors – KfW and FMO – approved four new projects:
Category: News
Financial inclusion has increasingly transformed the lives of millions of entrepreneurs in developing countries. However, it is widely accepted that greater access to financial services is not a panacea for eliminating poverty.
Persistently high portfolio growth, increasing average loan sizes and stagnating client numbers for the last decade have raised concerns of overheating in the Cambodian microfinance market, and whether there is an over-indebtedness crisis around the corner.
Data from the Credit Bureau of Cambodia (CBC) reveals that 50% of loans disbursed in 2017 were for refinancing, with 25% refinanced earlier than maturity and 30% refinanced at over 130% of the original loan amount.
The Fairtrade Access Fund (FAF), managed by Incofin Investment Management (Incofin IM), held a “Mini-Forum for Coffee Exporting leaders” at the Specialty Coffee Association (SCA), a half day seminar for its agricultural division clients. The Mini-Forum aimed at expanding the clients´ knowledge on some of the most important cross-cutting topics in smallholder agriculture today.
Moeten alle investeringsfondsen die in Luxemburg gedomicilieerd zijn aan de schandpaal worden genageld? Moeten alle fondsen over dezelfde kam worden geschoren, zelfs de impactfondsen, die naast een financiële return ook en vooral meehelpen aan de globale strijd tegen armoede, ongelijkheid en klimaatverandering?
In December 2017 Incofin IM extended a new loan to Grassland Finance of EUR 10 million, of which 50% is denominated in local currency. The loan is made through two funds managed by Incofin (agRIF and RIF II) and the funds will be used to help the MFI expand its agricultural and rural portfolio.