NPM NETHERLANDS PLATFORM FOR INCLUSIVE FINANCE
Status: Completed investmentWhy disclosure?
FMO is committed to making publicly available relevant investment information that informs stakeholders and enables them to engage directly with FMO on its investments which, in turn, enhances our investment decisions, the design and implementation of projects and policies, and strengthens development outcomes. Learn more
In case of questions
In case of questions, please contact us at disclosure@fmo.nl
Disclaimer
The information as disclosed is indicative and provided on an "as-is/as available" basis for general informational purposes only and should not be construed as financial, legal or investment advice, nor as a commitment or an offer to arrange or provide any financing. The final decision to provide financing is subject to the terms and conditions of FMO in its sole and absolute discretion. When providing links to other sites, FMO bears no responsibility for the accuracy, legality or content of the external site or for that of subsequent links. The information on proposed investment for high-risk investments is made available in the language relevant to the country or region where the bulk of operations take place. Translations of any information into languages other than English are intended as a convenience for local stakeholders. In case of any discrepancy, the information provided in English will prevail.
Who is our customer
NpM - Platform for Inclusive Finance. Together with the Dutch Ministry of Foreign Affairs, NpM’s 14 members share a commitment to expanding access to finance in underserved regions and to anticipate the changing need in the sector to grow towards a responsible industry. NpM’s members are active in over 97 countries and have committed EUR 4 billion to the inclusive finance sector.
What is our funding objective?
The objective of the Innovator’s Challenge is to incentivise technology companies to come up with solutions linking geodata to rural finance. FMO’s contribution in the form of a pure grant will support both the organization of NpM’s Innovator’s Challenge (through Accenture) as well as the cash prize for one of the enterprise winners through a joint-effort with Rabobank Foundation and the Bill & Melinda Gates Foundation.
Why do we fund this investment?
The Innovator’s Challenge adds value through the use of geodata for agricultural production that might result in increased access to financial services for smallholder farmers. It indirectly supports an initiative that leads to improved social outcomes for the BoP and vulnerable populations.
- Website customer/investment
- http://www.inclusivefinanceplatform.nl
- Country
- Global
- Sector
- Financial Institutions
- Effective date
- 8/14/2018
- End date
- 6/17/2019
- Total FMO financing
- EUR 0.19 MLN
- Funding
- MASSIF