Project detail - HUOZHI


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Who is our client

Huozhi is a social impact enterprise designed to cut transaction costs and risk out of aid to crisis zones by providing a vehicle for donations of safe and direct financial assistance to ‘unbankable’ people. Huozhi was started with the purpose to enable more families to stay in their home country with dignity, allow local business to survive and rebuild, and support donors to optimize value for money while reducing the risk of financial crime.

Funding objective

This convertible grant will support Huozhi in their start-up phase. In particular, the funds will be used to develop and run a pilot of the full Huozhi system in MASSIF countries.

Why we fund this project

This initiative contributes to FMO’s impact objectives of Inclusive Development and local Economic growth. The Huozhi system allows aid to reach those who need it most at the bottom of the pyramid in fragile states, during a time when traditional finance is retreating. It also supports local SME development by increasing demand and providing technology that assists retailers in managing business operations and inventory.

Financial Institutions
Signing date
Total FMO financing
EUR 0.25 MLN
Risk categorization on environmental and social impacts, A = high risk, B+ = medium high risk, B = medium risk, C = low risk Environmental & Social Category
(A, B+, B or C)