Portfolio remains stable
Because of the cautious investment policy that Incofin still apllies, the size of the portfolio remains stable at 72 million euro compared to the end of 2020.
Incofin Microfinance Fund increases its impact
While Incofin Microfinance Fund’s investments reached 4.7 million entrepreneurs at the end of 2020, this has now expanded to 5.2 million entrepreneurs (of which 83% are women) in 29 countries through 45 partner organisations. In the first half of 2021, Incofin Microfinance Fund invested 15.6 million euros in its partner organisations.
Again a positive result
After a difficult year in 2020 Incofin Microfinance Fund ends the second quarter of 2021 again with a positive result of 507,000 euros.
Investors remain loyal to Incofin Microfinance Fund
Halfway through 2021, Incofin Microfinance Fund had 2,560 shareholders. We were able to welcome 6 new shareholders (net) since the beginning of the year. We also see a slight increase in managed capital: + 313,000 euros.
