Incofin recently financed a successful eco-mill project for a Small Producer Organization (SPO) in Colombia through 2 of its funds; the agRIF and the Fairtrade Access Fund. The eco-mill project is a large-scale wet mill plant with state-of-the-art, water efficient machinery from market leading suppliers, that includes its own water treatment facility.
As organizations based on communal ownership, smallholder producer cooperatives are deeply rooted in the principle of democratic participation, which ensures that the cooperative’s activities benefit the community as a whole. Incofin, advisor to the FAF, considers good corporate governance fundamental to a cooperative’s ability to achieve its mission and to ensure its long-term sustainability.
Incofin is pleased to announce the second edition of its Impact Newsletter.
2018 was an intense and rewarding year for impact at Incofin. Incofin was created with the belief that “inclusive progress” can only be achieved if every business decision takes into account financial and impact criteria. We hope that this latest newsletter provides you a better understanding of how we are trying to put this belief into daily practice.
We wish all of you a very happy and inclusive 2019 and we look forward to our continued collaboration.
Dina, Impact Manager, David, Fund Manager Agro, and the Impact Taskforce team
Incofin is pleased to announce the first edition of its Impact Newsletter.
We are convinced that in order to build sustainable businesses, managing social performance the same way we manage financial performance makes good business sense. This enables institutions to better understand the needs of their clients and to be more results and outcomes oriented, leading to increased business performance.
The Global Impact Investing Network (GIIN) published a new report, Financing the Sustainable Development Goals: Impact Investing in Action, that reiterates the need for impact investors to raise and direct new capital to help meet the United Nations’ Sustainable Development Goals (SDGs) by 2030.
Drawing upon data and insights from the portfolios of 12 financial institutions, the Council on Smallholder Agricultural Finance (CSAF) published its “State of the Sector 2018” Report. Last year, Incofin Investment Management and the 11 other CSAF members collectively provided $716 million in loans to 794 agricultural SMEs around the world. This just-released “State of the Sector” Report explores trends, opportunities, and challenges for unlocking agricultural financing at the scale required to meet demand.