As a leading impact investor, FMO supports sustainable private sector growth in developing countries and emerging markets by investing in ambitious projects and entrepreneurs. FMO believes that a strong private sector leads to economic and social development and has a 50+ year proven track-record of empowering people to employ their skills and improve their quality of life. Each month, we give an overview of the transactions we have signed.
Olam Global Agri Pte. Ltd
Differentiated agribusiness active globally
FMO signed a 7-year USD 100 mln loan with Olam Agri, the food, feed and fiber operating group of Olam Group Limited. The facility supports Olam Agri subsidiaries Olam Global Agri Pte. Ltd. and Olam Global Agri Treasury Pte. Ltd. as borrowers. The facility is guaranteed by Olam Group which will be assumed by Olam Agri upon demerger of Olam Agri. Olam Agri will use the proceeds to support the flow of rice from India, Thailand, and Vietnam to African countries that depend on rice as a dietary food staple, which therefore contributes to food security and strengthens value chain resilience in those markets.
Hamkorbank
Commercial bank in Uzbekistan
Hamkorbank is one of Uzbekistan’s leading privately owned banks with a strong nationwide presence and a clear focus on serving micro, small and medium-sized enterprises (MSMEs). FMO provided a USD 100 mln Term Facility, consisting of a USD 50 mln committed and USD 50 mln uncommitted tranche, both with a four‑year tenor and disbursable in UZS and USD. The facility aims to expand access to long-term funding for microenterprises and for women- and youth‑owned SMEs, helping reduce inequalities and strengthen economic participation. In addition, at least 20% of the facility will be dedicated to financing eligible green projects, supporting Uzbekistan’s transition toward a more sustainable and climate‑resilient economy
VisionFund International (VFI)
Global microfinance network
VisionFund International (VFI), a wholly owned subsidiary of World Vision International, oversees a network of microfinance institutions operating across 24 countries in Africa, Asia, Latin America and the ECA region. Its MFIs provide micro‑loans and basic financial services to underserved households, reaching over 1 million active borrowers in 2023—of whom nearly 70% were women and close to half engaged in agriculture. FMO provided a USD 15 mln Revolving Loan Facility to support VFI’s capacity to on‑lend to micro‑entrepreneurs in predominantly rural and underserved markets. The facility enables VFI to channel long‑term funding to MFIs that are too small for direct FMO financing, thereby contributing to inclusive growth and poverty alleviation.
Radiance Renewables
Commercial & Industrial renewable energy platform in India
Radiance Renewables is a leading Eversource Capital‑backed platform in India’s Commercial and Industrial (C&I) renewable energy market, operating across solar, hybrid wind‑solar, and behind‑the‑meter solutions. FMO provided USD 50 mln in equity to Radiance Renewablews, who will use the new capital to expand its operational capacity to over 2 GWp and develop a pipeline exceeding 1 GWp through greenfield renewable projects. In addition, the company will broaden its product offering to C&I customers by integrating battery energy storage solutions and investing in inter‑state transmission infrastructure to enhance service reliability across key Indian states. This investment strengthens Radiance’s ability to meet India’s rapidly growing demand for C&I decarbonization, while supporting the integration of renewable energy into the national grid and contributing to the country’s broader energy transition objectives.
