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6 posts found.

Selected Category: Asia

Finnfund invests in Proximity Finance to help reach more smallholder farmers in Myanmar

Proximity Finance, Myanmar’s first farmer-focused finance institution, signs a 14 million US dollar equity package with Finnfund, Nordic Microfinance Initiative (NMI) and Proparco. Proximity Finance was launched in 2010 as the microfinance arm of Proximity Designs, one of the largest agricultural services platforms in Myanmar, that provides farm technology, agronomy advice and financial services to […]

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BOPA accelerates financial inclusion and female leadership in Asia

Access to financial services in developing countries is scarce, and it hampers the ability for people to improve their livelihood. Backed financially by Finnfund and IFU, BOPA is funding and developing microfinance institutions in Asia and has recently joined the 2X Challenge, a G7/DFI initiative to mobilise financing for women’s empowerment. Creating financial inclusion is […]

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Nafoods in Vietnam accelerates production plans with a 5 million USD investment from Finnfund

Nafoods Group and Finnfund have signed a 6 year, 5 million USD senior secured loan facility. Nafoods will use the loan proceeds for a new value-added products processing facility at its Long An factory, including 150MT monthly processing capacity for soft dried sugar and non-sugar tropical fruits and up to an additional 150 MT production […]

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Financial service providers boost women’s careers and entrepreneurship

Finnfund invests 10 million euros in the Advans Group, an international microfinance group, and 10 million US dollars in Bank of Georgia, leading universal bank in Georgia. Both investments strengthen women’s financial and economic position, and qualify for the 2X Challenge, a G7 initiative to mobilise financing for women’s empowerment. Since 2018, the 2X Challenge […]

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SDG 13: the number one priority of Asia Biogas

Des Godson

Climate Action – Sustainable Development Goal 13 – is the number one priority of Asia Biogas, a partner of Finnfund in Southeast Asia.  For us, it is the most important goal because failure to take radical climate action will make it impossible to achieve or sustain progress on the other 16 Goals. In the tropical […]

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Finnfund invests in financial services technology platform Jumo

Finnfund, a Finnish development finance company, has made an investment in Jumo, a financial services platform providing mobile financial services in emerging markets. JUMO is a multi-sided platform for Mobile Network Operators and Financial Service Providers.  To date, JUMO has served over 5 million people in Africa and Asia using behavioural data from mobile usage. […]

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