Project detail - DIE KOOP FINANSIERING (PTY) LTD

DIE KOOP FINANSIERING (PTY) LTD

Status: Approved investment
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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

Our customer is Die Koop Finansiering Ltd (Die Koop), a subsidiary of an agricultural cooperative in Humansdorp, South-Africa.

What is our funding objective?

The funding objective is the strengthening of the co-operative group’s cooperative’s credit and risk management processes and practices.

Why do we fund this investment?

This project aligns with FMO’s ambition to help its clients grow strong, sustainable and inclusive businesses. Supporting Die Koop with the set up of a strong credit and risk management component to service its members and especially its underserved members, is part of that ambition.

Region
Africa
Country
South Africa
Sector
Financial Institutions
Effective date
8/3/2022
Total FMO financing
EUR 0.08 MLN
Funding
MASSIF
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)
B