Making Cents International
Status: Approved investmentWhy disclosure?
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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
Founded on the principles of social entrepreneurship, Making Cents International uses evidence-based, market-driven approaches to support young leaders advocating for change, smallholder farmers, women entrepreneurs launching and growing businesses, and families displaced by conflict and disasters struggling to rebuild their lives.
What is our funding objective?
This project will support positioning Nasira amongst relevant stakeholders in the youth finance sector and will allow young voices to have a platform at the YEO 2030 Initiative. It aims to support young people and the larger ecosystem of changemakers to achieve sustainable economic growth and employment for all by 2030.
Why do we fund this investment?
A key element of NASIRA consists of promoting the creation of sustainable jobs for young entrepreneurs via financial inclusion initiatives. This initiative aims to position Nasira as a frontrunner program in terms of financial inclusion and has agenda-setting objectives as we strive to help build the ecosystem for young entrepreneurs.
More investments
| Date | Total FMO financing |
|---|---|
| 6/8/2022 | EUR 0.02 MLN |
| 1/11/2022 | EUR 0.09 MLN |
- Country
- Global
- Sector
- Financial Institutions
- Publication date
- 2/28/2023
- Effective date
- 2/13/2023
- Total FMO financing
- EUR 0.02 MLN
- Funding
- FMO NV