Status: Completed investment
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Why 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

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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

This is a multi-stakeholder project with UNCDF, which has its regional office in Bangkok, Thailand. UNCDF is the United Nations’ capital investment agency for the world’s least developed countries and has a mandate to provide capital and technical support, to ensure that more households and small businesses gain access to financial services that expand opportunities and reduce vulnerabilities. FMO client MFIs in Asia, as well as innovative start-ups will benefit from the project.

What is our funding objective?

The project is focused on addressing gender inequality in terms of the way women and women owned business access and consume financial products. It will address the way that microfinance institutions address this part of the market, and also provide funding to innovative solutions that use technology (i.e. Fintech) in order to overcome some of these barriers.

Why do we fund this investment?

This project is highly strategically relevant given the focus on financial inclusion from the perspective of gender and fintech.

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