UN CAPITAL DEVELOPMENT FUND
Status: Approved investmentWhy disclosure?
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In case of questions
In case of questions, please contact us at disclosure@fmo.nl
Disclaimer
The information as disclosed is indicative and provided on an "as-is/as available" basis for general informational purposes only and should not be construed as financial, legal or investment advice, nor as a commitment or an offer to arrange or provide any financing. The final decision to provide financing is subject to the terms and conditions of FMO in its sole and absolute discretion. When providing links to other sites, FMO bears no responsibility for the accuracy, legality or content of the external site or for that of subsequent links. The information on proposed investment for high-risk investments is made available in the language relevant to the country or region where the bulk of operations take place. Translations of any information into languages other than English are intended as a convenience for local stakeholders. In case of any discrepancy, the information provided in English will prevail.
Who is our customer
UNCDF is the United Nations Capital Development Fund, and the United Nations' capital investment agency for the world's Least Developed Countries (LDCs). It has the mandate to provide capital and technical support to ensure that more households and small businesses gain access to financial services that expand opportunities and reduce vulnerabilities.
What is our funding objective?
Through this project, FMO would support the launch of the Women Enterprise Recovery Fund which looks to partner with private sector innovators to design and launch digital solutions which help women enterprises that have been economically impacted by COVID-19 and to address their financial and other business requirements.
Why do we fund this investment?
The Fund is aimed at creating a catalytic effect in women-led MSMEs ecosystems by showcasing viable digital solutions and sustainable business models which are targeted to the needs of formal and informal women enterprises.
More investments
| Date | Total FMO financing |
|---|---|
| 12/15/2021 | EUR 0.50 MLN |
| 11/23/2020 | EUR 0.50 MLN |
| 8/18/2022 | EUR 0.25 MLN |
- Country
- Global
- Sector
- Infrastructure, Manufacturing and Services
- Effective date
- 12/14/2020
- Total FMO financing
- EUR 0.50 MLN
- Funding
- MASSIF