IMON International in Tajikistan, a client of Incofin since 2006, received a USD 1 million loan from Rural Impulse Fund II in addition to the USD 2 million already outstanding. In 1999, the National Association of Business Women in Tajikistan and the Mercy Corps founded this very first microfinancing project in the country.
The Al Karama Foundation in Morocco received a EUR 750,000 (MAD 8.3 million) loan form Incofin's Rural Impulse Fund II. It is Incofin's first investment in the country, illustrating its growing interest in the North African region.
