Incofin at a glance
20+ years of experience in financial inclusion and the agri food value chain
Around the globe

Proprietary funds

Domicile
Belgium
Start
1992
AuM (in USD)
98 million
Investment Regions
Global
Impact Objective
Impact fund investing in entities contributing with their products and services to the social, environmental and/or economic development of the vulnerable population in emerging countries.

Domicile
Luxembourg
Start
2010
AuM (in USD)
46 million
Investment Regions
Global
Impact Objective
Successor of RIF I (2007-2017). The investment fund targets commercial microfinance institutions providing financial services to the rural poor.

Domicile
Belgium
Start
2015
AuM (in USD)
148 million
Investment Regions
Global
Impact Objective
Investment fund aiming to enhance financial inclusion in the agricultural value chain, especially focusing on smallholder farmers and rural SMSEs.

Incofin Inclusive Finance Fund
Domicile
Luxembourg
Start
2018
AuM (in USD)
24 million
Investment Regions
Global
Impact Objective
Investment fund makes debt investments in financial service providers with the aim to support financial inclusion in emerging economies.

Domicile
Luxembourg
Start
2012
AuM (in USD)
54 million
Investment Regions
Global
Impact Objective
Impact fund contributing to the development of a fair agriculture sector by providing smallholder farmers better access to capital and addressing their technical assistance needs.

Domicile
Belgium
Start
2020
AuM (in USD)
46 million
Investment Regions
Global
Impact Objective
The ALF supports systemic actors of the sustainable agri-food value chains to enable their operation during and after the Covid-19 crisis.

Domicile
India
Start
2021
AuM (in USD)
60 million
Investment Regions
India
Impact Objective
The fund provides early stage and growth capital to businesses with a high potential for value creation in India in the agri-food value chains or financial inclusion for rural entrepreneurs.
Advised Facilities

Invest in Visions Mikrofinanzfonds (IIV)
Domicile
Germany
Incofin is an adviser since
2015
Investment Regions
Global
Impact Objective
Microfinance fund open to retail and institutional investors. It provides loans to microfinance institutions in developing countries.

BRS Microfinance Coop Fund
Domicile
Belgium
Incofin is an adviser since
2016
Investment Regions
Global
Impact Objective
Cooperative fund that supports microfinance and microinsurance to sustainably improve the quality of life of the poorer population in Latin America, Africa and Asia.

FPM SA
Domicile
DR Congo
Incofin is an adviser since
2014
Investment Regions
DR Congo
Impact Objective
Investment fund that promotes financial inclusion in DR Congo by supporting microfinance institutions that target MSMEs and low-income working populations.

Microfinance Enhancement Facility (MEF)
Domicile
Luxembourg
Incofin is an adviser since
2019
Investment Regions
Global
Impact Objective
Fund aiming to support economic development and prosperity through the provision of additional development finance to micro-enterprises via qualified financial institutions.
Technical Assistance Facilities
Incofin structured six TA facilities and mobilised over EUR 13 million in grant funding

Incofin cvso
TA Facility
Objective
improve the overall development of MFIs and promote best practices at the industry level
Geography
Sub-Saharan Africa, Latin America, South-East Asia, Eastern Europe & Central Asia, MENA
Eligible Institutions
sustainable MFIs that help enterprising people set up their own businesses, improve their living conditions, and thus break the circle of poverty
Total budget, duration & number of projects
- EUR 800,000
- 2011-open end
- 27 projects

TA Facility
Objective
address the needs of smallholder farmers and agricultural entrepreneurs involved in sustainable agriculture
Geography
Latin America and Sub-Saharan Africa
Eligible Institutions
sustainably certified Small Producer Organizations, agriculture-focused MFIs and agricultural value chain SMEs
Total budget, duration & number of projects
- USD 3.5 million (KfW, FMO, BIO)
- 2016-open end
- 29 projects

agRIF
TA Facility
Objective
foster financial inclusion of smallholder farmers andrural entrepreneurs trough increasing the outreach and improving the capacity of partner institutions
Geography
Sub-Saharan Africa, Latin America, South-East Asia, Eastern Europe & Central Asia, MENA
Eligible Institutions
Rural and agriculturefocused MFIs, Small Producer Organizations and agricultural value chain SMEs
Total budget, duration & number of projects
- EUR 1.9 million (EIB, BIO,PROPARCO, agRIF)
- 2018-2025
- 15 projects

Smallholder Safety Net Upscaling Program
Objective
strengthen the safety nets of smallholder farmers resulting in the improved well-being through a systemic agricultural value chain market development approach
Geography
Africa, Asia, Latin America
Eligible Institutions
Rural and agriculture-focused MFIs, agricultural value chain SMEs
Total budget, duration & number of projects
- EUR 1.5 million (SDC, Government of Luxembourg)
- 2020-2030+, with Phase I until 2023
- 4 projects
Impact overview
As a pioneering leader in impact investing, we continue to contribute to key industry networks and initiatives, and integrate the globally recognised ESG standards.

