Carole Maman

Chief Investment Officer

165 past transactions

Mutual Trust Bank

Debt Financing in 2024
Mutual Trust Bank is private commercial bank in Bangladesh.

TowerCo of Africa

Debt Financing in 2024
TowerCo of Africa is a tower infrastructure company that provides innovative and comprehensive solutions for network connectivity and access to mobile communications. It is a fully owned subsidiary of Axian Telecom.

Gebana

Debt Financing in 2023
Gebana is an e-commerce platform focused on fair trade and organic foods, aimed at transforming global trade to benefit family farmers, local economies, and the environment. The company operates a global farmer market that facilitates access to sustainable products through its online platform. By connecting consumers with crowd projects, Gebana promotes ethical sourcing and supports sustainable agricultural practices, ensuring that clients can obtain high-quality food while contributing to positive social and environmental impacts.

CIDRE IFD

Debt Financing in 2022
CIDRE IFD is a private, non-profit social development organization focused on delivering financial services to the rural sector in central and southern Bolivia. The organization specializes in offering micro-loans, enabling farmers to access credit more easily. In addition to micro-loans, CIDRE IFD provides various financial products such as Kiva credits, insurance, and savings facilities, as well as non-financial services aimed at supporting community development. By facilitating access to these resources, CIDRE IFD aims to enhance the economic well-being of rural populations.

Compagnie Africaine de Crédit

Non Equity Assistance in 2022
Compagnie Africaine de Crédit is a pan-African microfinance group focusing on income-generating loans and guarantees to unbanked MSMEs.

Njeru Industries

Non Equity Assistance in 2022
Njeru Industries specializes in the processing and export of tea. The company receives an estimated 75,000 kgs of green leaf daily from 8,000 active smallholder farmers with a small portion (~9%) from Njeru Tea Estates (a sister company owned 100% by Njeru Industries' main shareholder).

Kashf Foundation

Debt Financing in 2022
Kashf Foundation, established in 1996, is a leading microfinance institution in Pakistan dedicated to empowering poor women and their families through financial services. The foundation has disbursed $202 million in loans, reaching over one million individuals and providing them with access to essential financial capital. Its offerings include general, business, and home improvement loans, along with insurance products, all aimed at improving the economic status of low-income households. By focusing on women's economic self-reliance, Kashf Foundation fosters entrepreneurship and enhances the overall well-being of its clients.

Banco Popular

Non Equity Assistance in 2022
In its origins Banco Popular was the microfinance program of the Fundacion Covelo. In 2008 it was officially transformed into a regulated Bank and today is the second largest microfinance Bank in Honduras, with more than 20% of market share and 23 offices across the country. The Bank aims to support micro, small and medium enterprises in Honduras as an engine of economic growth, social development and poverty reduction.

Poa Internet

Grant in 2022
Poa Internet Ltd. is a telecommunications company based in Nairobi, Kenya, founded in 2015. It specializes in providing low-cost internet services to individuals and small businesses in low-income neighborhoods, particularly in areas like Kibera and Kwangware. The company offers affordable and reliable internet access that is significantly cheaper than traditional network operators. Poa's services are delivered through a Wi-Fi network that covers entire neighborhoods, allowing users to connect with any Wi-Fi-enabled device at any time. Unique to Poa is its transparent pricing model, which includes data bundles without time limitations, as well as free content and online tools such as job boards and marketplaces. By focusing on underserved communities, Poa Internet aims to enhance access to education, trade, and social inclusion while ensuring improved quality of internet connections at accessible prices.

Electrical Controls & Switchgear

Non Equity Assistance in 2022
Electrical Controls & Switchgear is a manufacturer and supplier of electrical switchgear, transformers, and panels.

Société de Cultures Légumières

Non Equity Assistance in 2022
Société de Cultures Légumières is a public limited company developing an integrated production of vegetables.

Comafruits

Debt Financing in 2022
Comafruits is a mango processing company producing mango purée, mango concentrates, and frozen mango.

Bánh Vàng

Non Equity Assistance in 2022
Bánh Vàng is an industrial bakery delivering various products throughout Asia.

Candi

Non Equity Assistance in 2022
Candi is a solar company that specializes in small-scale commercial and industrial rooftop solar battery solutions. It offers installation and operational services to help clients harness solar energy effectively. By providing solar and storage services at competitive prices, Candi enables businesses and individuals to reduce their energy costs while simultaneously lowering their carbon footprint. The company's focus on delivering long-term value and liquidity supports a sustainable energy transition for its clients.

Green Sustainable Ventures

Non Equity Assistance in 2022
Green Sustainable Ventures builds and operates a solar PV park. It handles the construction and operationalisation of a 20 MW photovoltaic panel solar plant in Svay Rieng in Southeast Cambodia.

Fidelity Bank Ghana

Non Equity Assistance in 2022
Fidelity Bank Ghana Limited is a commercial bank headquartered in Accra, Ghana, established in 2006. The bank provides a wide range of banking products and services, including current and savings accounts, time deposits, and various digital banking solutions such as Internet and SMS banking. In addition to retail banking, Fidelity Bank offers executive and private banking, corporate finance, mortgage services, and trade finance. The bank plays a significant role in financing projects that support local economic development, such as the importation of refined crude oil and power generation initiatives. It also provides short-term loans and bank guarantees to local buying companies. Furthermore, through its subsidiaries, Fidelity Bank manages private equity funds and offers advisory services, capital raising, and portfolio investment management, catering to the financial needs of low-income customers, small-scale entrepreneurs, and rural communities.

AgroServ Industry

Non Equity Assistance in 2022
AgroServ Industry is an industrial unit for processing corn into gritz and flour.The company processes 100 tonnes of maize per day into grits and flour and packed in bags of 5, 15, 20, 25 kg which makes it possible to market simple and fortified semolina and then commercialize the sound used in animal nutrition.

Victoria Commercial Bank

Debt Financing in 2022
Victoria Commercial Bank is a commercial bank company that provides financial services. It also offers personal banking services to employees and corporate clients. They provide online banking, credit cards, and other financial services.

Banco Popular

Venture Round in 2022
In its origins Banco Popular was the microfinance program of the Fundacion Covelo. In 2008 it was officially transformed into a regulated Bank and today is the second largest microfinance Bank in Honduras, with more than 20% of market share and 23 offices across the country. The Bank aims to support micro, small and medium enterprises in Honduras as an engine of economic growth, social development and poverty reduction.

Candi

Debt Financing in 2022
Candi is a solar company that specializes in small-scale commercial and industrial rooftop solar battery solutions. It offers installation and operational services to help clients harness solar energy effectively. By providing solar and storage services at competitive prices, Candi enables businesses and individuals to reduce their energy costs while simultaneously lowering their carbon footprint. The company's focus on delivering long-term value and liquidity supports a sustainable energy transition for its clients.

Social Performance Task Force

Non Equity Assistance in 2022
Social Performance Task Force is a nonprofit membership organization promoting social and environmental performance management for financial service providers. The organization's vision is to be a transparent, responsible, and inclusive financial sector that achieves positive outcomes for low-income people. They believe the social impact is not automatically achieved by all pro-poor financial institutions. In fact, achieving positive outcomes for clients requires careful and balanced management. It aims to show the financial industry how to manage social performance.

T&T Fruits

Debt Financing in 2022
T&T Fruits is a family-owned company that specializes in the processing and packaging of fresh fruits for export.

Candi

Debt Financing in 2021
Candi is a solar company that specializes in small-scale commercial and industrial rooftop solar battery solutions. It offers installation and operational services to help clients harness solar energy effectively. By providing solar and storage services at competitive prices, Candi enables businesses and individuals to reduce their energy costs while simultaneously lowering their carbon footprint. The company's focus on delivering long-term value and liquidity supports a sustainable energy transition for its clients.

Optimal Financial Services

Debt Financing in 2021
Optimal Financial Services, in addition to providing a line of credit for personal consumption, facilitates the growth of companies by offering multiple credit lines, factoring services, and working capital.

TUNISIE LEASING

Non Equity Assistance in 2021
TUNISIE LEASING provides leasing, factoring, and long-term rental of transport and equipment. They offer a short-term financing solution to companies that make sales or provide services to mobilize cash without imposing a payment deadline and a long-term rental solution for managing their vehicle fleet.

Banco Guayaquil

Venture Round in 2021
Banco Guayaquil S.A. is a prominent financial institution in Ecuador that offers a wide range of banking products and services tailored for both individuals and businesses. For corporate clients, the bank provides essential services such as current accounts, export and import financing, letters of credit, and bank guarantees. On the personal banking side, it offers savings accounts, debit cards, multicredit options, and other financial products. Through its diverse offerings, Banco Guayaquil aims to meet the varying financial needs of its customers across the country.

Cofina Mali

Debt Financing in 2021
Cofina Mali is a microfinance institution focused on supporting the growth of informal micro-enterprises in the region. Established as part of Groupe COFINA, it aims to enhance financial inclusion by offering a range of financial services, including savings and credit options tailored for small and medium-sized enterprises. Cofina Mali plays a crucial role in the formalization of the African business market by providing medium and long-term financing to businesses that may not meet the criteria of traditional commercial banks. With a presence in multiple French-speaking African countries, Cofina Mali is dedicated to fostering the development of the private sector and contributing to economic growth in the region.

Geuther Vietnam

Venture Round in 2021
Geuther Vietnam specializes in the production of wooden safety gates and other solid wood baby furniture.

Advans Côte d'Ivoire

Grant in 2021
Advans Ivory Coast offers a range of financial services customised to clients’ needs. They help customers grow their businesses and achieve their personal goals. They employ a client-centric approach, using client feedback to improve their services. They provide everything from microloans to Small and medium-sized enterprises loans to current accounts, savings plans, insurance, and transfers.

Acceso Crediticio

Venture Round in 2021
Acceso Crediticio S.A., founded in 1999 and based in Lima, Peru, is a financial institution focused on providing car loans primarily to informal taxi drivers operating in underserved urban areas. As a subsidiary of Acceso Corp. S.A., the company aims to serve base-of-the-pyramid entrepreneurs who often lack access to traditional banking services. By offering tailored financial products, Acceso Crediticio addresses the needs of this unbanked market segment, promoting the acquisition of clean energy-powered vehicles to help reduce CO2 emissions. The institution's approach not only facilitates mobility for low-income drivers but also contributes to environmental sustainability.

Lendable

Venture Round in 2021
Lendable, Inc. is a financial services company based in San Francisco, California, founded in 2014. It specializes in providing debt financing to fintech companies operating in emerging and frontier markets. The firm bridges the gap between institutional debt investors and high-growth alternative lenders, particularly in Africa, enabling these lenders to expand their loan portfolios and access necessary financing. Lendable also offers a comprehensive database that includes market repayment, demographic, and contextual data, which aids in model improvement and validation. Additionally, the company provides a risk engine that assesses individual credit risk as well as portfolio and group-level risk, thereby enhancing the decision-making capabilities of lenders and originators of debt in developing markets.

EFC Uganda

Venture Round in 2021
Entrepreneurs Financial Centre (EFC) Uganda is a start-up microfinance institution that was founded in June 2012.

Advans Côte d'Ivoire

Debt Financing in 2021
Advans Ivory Coast offers a range of financial services customised to clients’ needs. They help customers grow their businesses and achieve their personal goals. They employ a client-centric approach, using client feedback to improve their services. They provide everything from microloans to Small and medium-sized enterprises loans to current accounts, savings plans, insurance, and transfers.

XpressGas

Debt Financing in 2021
XpressGas Limited operates in the liquefied petroleum (LP) gas sector in Ghana, focusing on the marketing and distribution of LP gas to a diverse clientele, including industries, public institutions, and commercial consumers. The company provides a range of services, including operational management for mini-refilling plants, bulk hauling, and transportation for oil marketing and LP gas companies. XpressGas also manages a fleet of bulk haulage trucks, facilitating the delivery of LP gas through various channels such as refilling stations, consumer service stations, and cylinder depots. The firm aims to offer environmentally friendly LP gas solutions, catering to both households and businesses, while promoting access to cleaner energy alternatives to traditional wood fuel. Based in Tema, Ghana, XpressGas is committed to bridging the energy gap in the region.

Sanasa Development Bank

Venture Round in 2021
Sanasa Development Bank is a financial institution based in Colombo, Sri Lanka, established in 1997. The bank offers a range of ethical financial products and services aimed at promoting financial security and contributing to the stability of the national economy. Its offerings include various types of banking services such as accepting deposits, credit pawning, leasing, and refinance loan schemes. The bank serves a diverse clientele, including farmers, fishermen, vendors, laborers, and small business owners, with a particular focus on uplifting the living standards of low-income families through its microfinance initiatives. Sanasa Development Bank's products are tailored for convenience and are branded under names such as SDB Dayada, Lakdaru Children's Savings, and SME Plus, among others.

Fondo de Desarrollo Local

Debt Financing in 2021
Fondo de Desarrollo Local is a regulated microfinance institution based in Managua, Nicaragua, established in 1992. It specializes in providing banking products and services to individuals and solidarity groups in both rural and urban areas. The company offers a variety of financial solutions, including micro loans for working capital, seasonal sales, investments, equipment purchases, personal expenses, and housing improvements for small and medium-sized businesses. Additionally, it extends loans tailored for agricultural and livestock purposes, as well as individual loans for personal expenses, home buying, and vehicle purchases. Fondo de Desarrollo Local also provides micro insurance products, covering family safety, income, and other insurance needs. Its commitment includes supporting women entrepreneurs through short-term lending and microcredit services.

Bancop

Debt Financing in 2021
Bancop is a cooperatively owned bank that focuses on serving businesses, small and medium enterprises (SMEs), farmers, and individuals. It provides a diverse array of financial products and services tailored to the needs of production cooperatives and their partners. Bancop's offerings include loans, insurance, salary payment services, and other banking solutions. The institution is dedicated to delivering responsive customer service and innovative financial products that enhance its competitive edge in the market.

Annapurna Finance

Private Equity Round in 2021
Annapurna Finance is a microfinance institution focused on the financial and economic upliftment of underserved women and economically backward clients. The organization aims to expand microfinance operations in areas lacking access to formal financial systems, providing vital livelihood support to impoverished households. Annapurna Finance offers a range of need-based financial services, including micro-loans for clean water, sanitation, home improvement, support for widowed families, and small businesses. Additionally, the company provides customized insurance plans to ensure that customers receive tailored financial assistance aligned with their life cycle needs. By bringing these clients into the financial mainstream, Annapurna Finance facilitates economic empowerment and entrepreneurial skill development.

Mitra Bisnis Keluarga Ventura

Debt Financing in 2021
Mitra Bisnis Keluarga Ventura is a microfinance institution focused on providing working capital to low-income women. Its primary aim is to offer formal and cost-effective financial services that enhance financial inclusion, reduce vulnerability, and improve the overall quality of life for its clients. By supporting women in their entrepreneurial endeavors, the institution aligns with the government's Sustainable Development Goals, particularly in the areas of poverty alleviation and women's empowerment. Through its initiatives, Mitra Bisnis Keluarga Ventura strives to make a significant impact on the lives of underserved populations.

Enda Tamweel

Venture Round in 2020
Enda Tamweel SA is a microfinance company established in 2015 in Tunis, Tunisia, by the NGO Enda Inter-Arab. The company focuses on providing financial and non-financial services aimed at micro-entrepreneurs, particularly marginalized households, including women and youth. Its financial offerings include various micro-credits tailored for agricultural and non-agricultural projects, as well as a creation pack designed to support young entrepreneurs. Additionally, Enda Tamweel provides digital services such as M-dinar for mobile payment transactions and the La Carte Mobitamweel prepaid card. Beyond financial products, the company offers non-financial support services that encompass training, marketing assistance, and awareness programs for children, alongside microinsurance options. Through these comprehensive services, Enda Tamweel aims to enhance the living conditions of its clients and foster an entrepreneurial culture.

Enko Education

Debt Financing in 2020
Enko Education is an Africa-wide network of international secondary schools designed to prepare students for admission to top universities worldwide. The organization provides an innovative educational model that utilizes an internationally recognized curriculum, allowing learners to access high-quality education at discounted rates. Through its network of schools, Enko Education aims to create a pathway for students in Africa to achieve their academic aspirations and secure placements in prestigious global institutions.

Apoyo Integral

Debt Financing in 2020
Apoyo Integral is the leading conventional Microfinance Institution in El Salvador. It boasts a loan portfolio of around 70M USD and 40,000 clients. Its shareholders consider a social impact strategy as a positive differentiating factor in what is an increasingly competitive market in financial terms, emphasizing the positive correlation between social and financial returns. Its BOD endorses annual social objectives such as, extending life and health insurance to about 70% of its client base; Technical Assistance for construction for 70% of loans placed to clients for housing improvement or construction purposes; and financial education seminaries to be given to at least to 2.2% of its client base.

AviNiger

Debt Financing in 2020
AviNiger is a greenfield poultry project with a focus on producing eggs.

Procarsa

Debt Financing in 2020
Procarsa is a cardboard box manufacturer for the local and global markets.

BIM

Debt Financing in 2020
BIM operates as a holding company that manages investment companies and funds that seek a positive impact beyond financial return. They design, create, and manage various investment vehicles and funds. They are involved in the capital market, clean energy, consulting, and fund administration businesses.

Centrale Solaire de Bir El Haffey

Debt Financing in 2020
Centrale Solaire de Bir El Haffey is a solar project that includes trackers and bifacial technology to optimize plant yield. It consists of a 9.973-MWp PV plant located 9km South of Bir El Haffay, in the Sidi Bouzid Governorate.

Banque de Crédit de Bujumbura

Venture Round in 2020
Banque de Crédit de Bujumbura is a full-service bank serving individuals and businesses as its customers.

Geuther Vietnam

Debt Financing in 2020
Geuther Vietnam specializes in the production of wooden safety gates and other solid wood baby furniture.

BIM

Venture Round in 2020
BIM operates as a holding company that manages investment companies and funds that seek a positive impact beyond financial return. They design, create, and manage various investment vehicles and funds. They are involved in the capital market, clean energy, consulting, and fund administration businesses.

Proximity Designs

Debt Financing in 2020
Proximity Finance, one of the country’s few farmer-facing microfinance institutions, serves the financial needs of about 100,000 households. The firm aims to nearly double that number over the next five years and have dispersed one million loans.

Pact

Debt Financing in 2020
Pact's mission is to build empowered communities, effective governments and responsible private institutions.

Fairtrade Access Fund

Grant in 2020
Fairtrade Access Fund is an open-ended debt fund investing in microfinance institutions in developing countries. The fund supports FAF investees and potential investees in attaining their development potential by providing access to skills and technical assistance services.

SDG Frontier Fund

Venture Round in 2020
SDG Frontier Fund is a self-managed fund-of-funds that aims to co-invest with BIO in private equity funds.

Banco Popular

Debt Financing in 2019
In its origins Banco Popular was the microfinance program of the Fundacion Covelo. In 2008 it was officially transformed into a regulated Bank and today is the second largest microfinance Bank in Honduras, with more than 20% of market share and 23 offices across the country. The Bank aims to support micro, small and medium enterprises in Honduras as an engine of economic growth, social development and poverty reduction.

Tozzi Green

Non Equity Assistance in 2019
Tozzi Green is a company focused on providing comprehensive solutions and services for the development of energy production plants utilizing renewable sources. It conducts thorough analyses and assessments to ensure project sustainability and is involved in both preliminary and final design, as well as the creation of working drawings. The company also manages the entire authorization process necessary for plant construction, effectively integrating the supply chain in its operations.

EFC Uganda

Non Equity Assistance in 2019
Entrepreneurs Financial Centre (EFC) Uganda is a start-up microfinance institution that was founded in June 2012.

TUNISIE LEASING

Debt Financing in 2019
TUNISIE LEASING provides leasing, factoring, and long-term rental of transport and equipment. They offer a short-term financing solution to companies that make sales or provide services to mobilize cash without imposing a payment deadline and a long-term rental solution for managing their vehicle fleet.

FINCA Malawi

Debt Financing in 2019
FINCA Malawi is a licensed deposit-taking financial institution offering individual loans, savings, and insurance products designed for the local market.

Tozzi Green

Debt Financing in 2019
Tozzi Green is a company focused on providing comprehensive solutions and services for the development of energy production plants utilizing renewable sources. It conducts thorough analyses and assessments to ensure project sustainability and is involved in both preliminary and final design, as well as the creation of working drawings. The company also manages the entire authorization process necessary for plant construction, effectively integrating the supply chain in its operations.

Fairtrade Access Fund

Venture Round in 2019
Fairtrade Access Fund is an open-ended debt fund investing in microfinance institutions in developing countries. The fund supports FAF investees and potential investees in attaining their development potential by providing access to skills and technical assistance services.

ACEP Group

Venture Round in 2019
ACEP Group is a microfinance group that provides microfinancing services catering to small and medium enterprises.

Sanasa Development Bank

Debt Financing in 2019
Sanasa Development Bank is a financial institution based in Colombo, Sri Lanka, established in 1997. The bank offers a range of ethical financial products and services aimed at promoting financial security and contributing to the stability of the national economy. Its offerings include various types of banking services such as accepting deposits, credit pawning, leasing, and refinance loan schemes. The bank serves a diverse clientele, including farmers, fishermen, vendors, laborers, and small business owners, with a particular focus on uplifting the living standards of low-income families through its microfinance initiatives. Sanasa Development Bank's products are tailored for convenience and are branded under names such as SDB Dayada, Lakdaru Children's Savings, and SME Plus, among others.

Banco VisionFund Ecuador

Debt Financing in 2019
Banco VisionFund Ecuador operates as a microfinance organization focused on supporting vulnerable members of society. The institution provides short-term loans and financial assistance to micro-enterprise owners and individuals, aiming to foster growth and improve the quality of life for its borrowers. In addition to financial services, Banco VisionFund Ecuador also offers non-financial support, ensuring that clients receive comprehensive assistance tailored to their needs.

Azito Energie

Debt Financing in 2019
Azito Energie S.A. is a company based in Abidjan, Ivory Coast, that develops, owns, and operates a thermal power plant utilizing natural gas resources. Founded in 1997, Azito Energie plays a significant role in enhancing energy independence in Côte d'Ivoire and contributes to the country's position as an important electricity supplier in West Africa. As a subsidiary of Globeleq Generation Limited, the company focuses on harnessing indigenous natural gas to generate electricity efficiently.

La Laiterie du Berger

Debt Financing in 2019
La Laiterie du Berger is the only Senegalese company to manufacture dairy products from local fresh milk, collected from more than 800 farmers in the area Richard Toll in northern Senegal. The products of Laiterie du Berger, distributed in more than 6,000 outlets in late 2012, face a stiff competition face to products made ​​from imported milk powder and dairy products from the informal economy.

Banco Solidario

Debt Financing in 2019
Banco Solidario S.A. is a financial services provider based in Quito, Ecuador, founded in 1995. The institution focuses on offering a range of products tailored to micro segments, including microcredit, personal credit, savings accounts, and certificates of deposit. It also provides specialized services such as insurance and a unique credit option known as "Olla de Oro," which is secured by gold jewelry. With a presence in major cities across Ecuador, Banco Solidario aims to meet the financial needs of various clients through accessible banking solutions and social investments.

Enda Tamweel

Debt Financing in 2019
Enda Tamweel SA is a microfinance company established in 2015 in Tunis, Tunisia, by the NGO Enda Inter-Arab. The company focuses on providing financial and non-financial services aimed at micro-entrepreneurs, particularly marginalized households, including women and youth. Its financial offerings include various micro-credits tailored for agricultural and non-agricultural projects, as well as a creation pack designed to support young entrepreneurs. Additionally, Enda Tamweel provides digital services such as M-dinar for mobile payment transactions and the La Carte Mobitamweel prepaid card. Beyond financial products, the company offers non-financial support services that encompass training, marketing assistance, and awareness programs for children, alongside microinsurance options. Through these comprehensive services, Enda Tamweel aims to enhance the living conditions of its clients and foster an entrepreneurial culture.

Banco Guayaquil

Debt Financing in 2019
Banco Guayaquil S.A. is a prominent financial institution in Ecuador that offers a wide range of banking products and services tailored for both individuals and businesses. For corporate clients, the bank provides essential services such as current accounts, export and import financing, letters of credit, and bank guarantees. On the personal banking side, it offers savings accounts, debit cards, multicredit options, and other financial products. Through its diverse offerings, Banco Guayaquil aims to meet the varying financial needs of its customers across the country.

Cofina Sénégal

Debt Financing in 2019
Cofina Sénégal is a microfinance group focusing its activities on income-generating loans and guarantees to unbanked MSMEs. In 2016, it started to deploy retail activities providing current accounts, savings accounts, notes, bank cards, online transfer services, and insurance products to its clients who were usually excluded from formal financial services.

Compagnie Africaine de Crédit

Debt Financing in 2019
Compagnie Africaine de Crédit is a pan-African microfinance group focusing on income-generating loans and guarantees to unbanked MSMEs.

Srei Equipment Finance

Debt Financing in 2019
Srei Equipment Finance Ltd. (SEFL) is one of the leading financiers in the Construction, Mining and allied Equipment (“CME”) sector in India, with approximately 33% market share in Fiscal 2018 and a pan-India presence across 21 states with over 90 offices.

Arrend

Debt Financing in 2018
Arrend provides services such Leasing, factoring, rents, investments, and insurance. company also offering Operating Leasing for vehicles and heavy machinery, developing market leadership. Its fundamental purpose is to make the figure of Leasing more and more used at the regional level.

Khan Bank

Debt Financing in 2018
Khan Bank is a universal bank and a customer of FMO.

Enko Education

Debt Financing in 2018
Enko Education is an Africa-wide network of international secondary schools designed to prepare students for admission to top universities worldwide. The organization provides an innovative educational model that utilizes an internationally recognized curriculum, allowing learners to access high-quality education at discounted rates. Through its network of schools, Enko Education aims to create a pathway for students in Africa to achieve their academic aspirations and secure placements in prestigious global institutions.

XacLeasing

Debt Financing in 2018
XacLeasing company will deliver comprehensive, high quality, on time leasing services to Mongolian citizens and companies.

Puratos Grand-Place Indochina

Non Equity Assistance in 2018
Puratos Grand-Place Indochina is a producer of ingredients and solutions tailored for the chocolate, bakery, and pastry industries. Based in Thuan An, Vietnam, the company focuses on the research and development of bakery processes and products, including baked goods, pastries, and a variety of chocolate offerings. Their clientele includes bakeries, food service companies, supermarkets, and both industrial and semi-industrial customers, providing them with raw materials and specialized solutions to enhance their product offerings.

XacLeasing

Grant in 2018
XacLeasing company will deliver comprehensive, high quality, on time leasing services to Mongolian citizens and companies.
Citizens Development Business Finance PLC, established in 1995 and headquartered in Colombo, Sri Lanka, offers a diverse range of financial services through its various segments. The company provides products such as fixed and savings deposits, auto and personal loans, home financing, and hire purchase options. Additionally, it engages in leasing and stock out on hire, along with corporate financial services. Citizens Development Business Finance also facilitates foreign currency exchange, retail credit, margin trading, and Islamic finance, catering to the financial needs of individuals and businesses alike. With a commitment to comprehensive financial solutions, the company plays a significant role in the Sri Lankan financial landscape.

EFC Uganda

Venture Round in 2018
Entrepreneurs Financial Centre (EFC) Uganda is a start-up microfinance institution that was founded in June 2012.

Bósforo

Debt Financing in 2018
Bósforo is a PV solar project providing over 200 GWh/year of renewable energy.

AviNiger

Venture Round in 2018
AviNiger is a greenfield poultry project with a focus on producing eggs.

Ecobank

Debt Financing in 2017
Ecobank Transnational Incorporated, established in 1985 and headquartered in Lomé, Togo, provides a range of retail, corporate, and investment banking services across Africa and internationally. Its operations include Corporate & Investment Banking, Commercial Banking, and Consumer Banking, offering products such as current and savings accounts, loans, cards, and digital banking services. The bank serves a diverse clientele, including individuals, small and medium enterprises, multinationals, government agencies, and non-governmental organizations. With a network of 888 branches and over 2,460 ATMs, Ecobank facilitates various financial services, including treasury, cash management, remittance, and bancassurance. Subsidiaries such as Ecobank Nigeria Limited and Ecobank Zimbabwe Limited extend its services, focusing on commercial and retail banking tailored to local markets.

AviNiger

Debt Financing in 2017
AviNiger is a greenfield poultry project with a focus on producing eggs.

Enda Tamweel

Venture Round in 2017
Enda Tamweel SA is a microfinance company established in 2015 in Tunis, Tunisia, by the NGO Enda Inter-Arab. The company focuses on providing financial and non-financial services aimed at micro-entrepreneurs, particularly marginalized households, including women and youth. Its financial offerings include various micro-credits tailored for agricultural and non-agricultural projects, as well as a creation pack designed to support young entrepreneurs. Additionally, Enda Tamweel provides digital services such as M-dinar for mobile payment transactions and the La Carte Mobitamweel prepaid card. Beyond financial products, the company offers non-financial support services that encompass training, marketing assistance, and awareness programs for children, alongside microinsurance options. Through these comprehensive services, Enda Tamweel aims to enhance the living conditions of its clients and foster an entrepreneurial culture.

SenergyPV

Debt Financing in 2017
The Senergy project consists of the design, construction, financing, operation and the maintenance of the 29.5 MWc solar power plant. Senergy PV SA will also be in charge of the construction of a 9-km transmission line on behalf of the client Senelec. The project will be located in Santhiou Mekhe approximately 125 km northeast of Dakar.

F&S Solar

Debt Financing in 2017
F&S Solar involves itself in the development of solar projects and EPCs. The business of the company is the development, planning, and construction of solar power plants. The reduce inefficient use of fossil fuels such as coal and oil and make room for alternative energy technologies. They provide research and developments in F&S solar that are reflected in high system yields and durable, low-maintenance systems.
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