Project detail - ONE TO WATCH B.V.

ONE TO WATCH B.V.

Status: Approved investment
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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

Our client is One to Watch (OTW), an impact investment management company established in 2012. It is based in the Netherlands with subsidiaries in Nepal and Myanmar.

What is our funding objective?

FMO will provide a grant to One To Watch to support two accelerator programs for local entrepreneurs/small and medium enterprises in Myanmar and Nepal to support capacity building and make them investment-ready.

Why do we fund this investment?

Small and medium enterprises form the backbone of an inclusive economy. Supporting OTW with its accelerators improves access to finance for local entrepreneurs and generate inclusive economic growth, generating direct and indirect jobs and reducing inequalities.

Region
Asia
Country
Asia
Sector
Infrastructure, Manufacturing and Services
Effective date
4/20/2020
Total FMO financing
EUR 0.40 MLN
Funding
MASSIF