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Lendable MSME Fintech Credit Fund
| Funder | U.S. Agency for International Development |
|---|---|
| Recipient Organization | Lendable |
| Country | World |
| Start Date | Aug 10, 2021 |
| End Date | Dec 06, 2024 |
| Duration | 1,214 days |
| Number of Grantees | 11 |
| Roles | Recipient |
| Data Source | US Foreign Aid |
| Grant ID | 219319-76 |
Grant Description
The Fund is a blended finance vehicle, which successfully combines leading investors including aid agencies, development finance institutions and commercial institutional capital.
As part of the final close, a large European based insurance company joined the existing list of international investors including U.S. International Development Finance Corporation (DFC), JICA, FMO, BIO, EMIIF, SIFEM, OeEB, USAID and FSDAi.
The Fund is a five-year and nine months blended finance closed-ended Luxembourg Reserved Alternative Investment Fund (RAIF), with FSDAi and EMIIF providing the first loss capital tranches
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Lendable
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