Microfinance Focus, December 17, 2012: Incofin IM and FMO have signed a 4th Capacity Development agreement. According to an official report, the new Capacity Development Facility (CD Facility) financed by FMO and executed under the Capacity Development Programme, on behalf of the Dutch Ministry of Foreign Affairs/Development Cooperation. Since 2008, Incofin IM and FMO have been partnering to strengthen the capacity of 14 microfinance institutions all around the world.
According to the report, between December 2012 and June 2014, the Facility will support five MFIs all over the world in which either Incofin’s Rural Impulse Fund I or II has invested.
The CD Facility aims to foster the development of the microfinance sector and increase the access to financing for MSMEs that are active in rural areas and/or in the agricultural sector.