We are currently developing the First Mutual Fund that will focus on level 1 and level 2 MFIs, i.e. intermediary growing and maturing institutions that have a positive social impact and that are not yet, but striving to become financially autonomous.
The Fund will provide long-term and flexible funding instruments to microfinance institutions, including but not limited to:
- Medium to long-term loans,
- Subordinated loans,
- Co-investments (syndicated loans),
- Mix of debt and Equity