For many years, Sayen Voskanyan’s family from Mkhchyan village in the Artashat district has strived for better housing conditions. This villager has been working together with Kamurj for two years now.
Rural Impulse Fund I
Rural Impulse Fund I
Rural Impulse Fund (RIF I) is a Luxembourg-based investment fund for rural microfinancing. Through debt and equity investments, it invests in commercial MFIs that offer financial services in disadvantaged rural areas. Its main investors include BIO, EIB, FMO, IFC, KBC Private Equity and Incofin cvso.
Fund size:
38 mln USD / 30 mln EUR (closed end)
Invested portfolio on:
2011-10-31
35.9 mln USD / 25.7 mln EUR
Investment focus:
Debt and equity investments
Invest in commercial MFIs
Offer financial services in disadvantaged rural areas
Geographic scope:
Developing countries with a minimum of 25% in ACP countries (principal Sub-Sahara Africa)
Legal structure:
SICAV-FIS
Country of incorporation:
Luxembourg
Minimum investment size:
EUR 125.000
Figures
Investors
LuxFLAG aims to promote the raising of capital for microfinance by awarding a recognisable label to eligible Microfinance Investment Vehicles.