AgRIF (Agricultural and Rural Impulse Fund) is a multiregional debt and equity microfinance investment fund with a specific focus on agricultural and rural outreach. It will be managed by Incofin Investment Management, a Belgian-based microfinance investment company.
The fund will focus on enhancing financial inclusion of the rural population by investing in targeted MFI’s or banks in emerging countries. It will also specifically aim at improving financial inclusion of smallholder farmers, by targeting MFIs and financial institutions that have developed specific agriculture linked loan products and by dedicating a limited part of its strategy towards financing producer organisations and agriculture-focused companies.
Equity and debt microfinance investment fund with specific agri and rural focus; targeting MFI and FI with an average investment of 5 million; End clients will receive loans between USD 1,000 and 10,000.
Mission of the fund is to bring finance to rural areas where access to credit is scarce.
Loans to agri or rural-focused financial intermediaries for an average of USD 2.5 million or to rural producer organisations or agricultural SMEs (10% of the fund)
The aim is to invest at least 60% of the portfolio in agriculture-focused institutions; other will be rural-focused;
The main goal of the investment is to provide smallholder farmers access to finance. This is done indirectly by investment in agri/rural-focused MFI's offering agri-products
Fund manager pays a lot of attention to Client Protection Principles (CPPs). If investee has weak CPP system in place, TA is often put in place to improve its implementation.
The fund will focus on enhancing financial inclusion of the rural population by investing in targeted MFI’s or banks in emerging countries. It will also specifically aim at improving financial inclusion of smallholder farmers, by targeting MFIs and financial institutions that have developed specific agriculture linked loan products and by dedicating a limited part of its strategy towards financing producer organisations and agriculture-focused companies.
Equity and debt microfinance investment fund with specific agri and rural focus; targeting MFI and FI with an average investment of 5 million; End clients will receive loans between USD 1,000 and 10,000.
Mission of the fund is to bring finance to rural areas where access to credit is scarce.
Loans to agri or rural-focused financial intermediaries for an average of USD 2.5 million or to rural producer organisations or agricultural SMEs (10% of the fund)
The aim is to invest at least 60% of the portfolio in agriculture-focused institutions; other will be rural-focused;
The main goal of the investment is to provide smallholder farmers access to finance. This is done indirectly by investment in agri/rural-focused MFI's offering agri-products
Fund manager pays a lot of attention to Client Protection Principles (CPPs). If investee has weak CPP system in place, TA is often put in place to improve its implementation.
Location: Belgium, Antwerp
Investors 1
| Date | Name | Website |
| - | Belgian In... | bio-invest... |
Mentions in press and media 7
| Date | Title | Description |
| 11.06.2024 | Arthan Finance: Revolutionizing MSME Lending Landscape with INR 50 Crore Series B Funding | Arthan Finance, a pioneering non-banking financial company (NBFC) in the lendingtech sector, has recently secured a substantial INR 50 crore in Series B funding to propel its expansion and technological advancements. Founded in 2018 by the ... |
| 11.06.2024 | Arthan Finance Raised Rs 50 Cr Funding From Incofin and Dell Foundation | Arthan Finance, a Non-banking financial company (NBFC) has secured Rs 50 crore from investors such as Incofin India Progress Fund and the Michael and Susan Dell Foundation. Till today’s date, Arthan Finance has secured Rs 83 crore. Previous... |
| 11.06.2024 | Arthan Finance raised Rs 50 Cr Series B funding | Investors like Incofin India Progress Fund and the Michael and Susan Dell Foundation have contributed Rs 50 crore ($6 million) to the non-banking financial company (NBFC) Arthan Finance. Arthan Finance has raised $10 million, or Rs 83 crore... |
| 10.06.2024 | Arthan Finance snags Series B cheque from Incofin, MSDF | Kunal Mehta, founder, Arthan Finance Arthan Finance Pvt Ltd, a non-banking financial company which provides loans to self-employed micro-entrepreneurs, said Monday it raised Rs 50 crore (around $6 million) in its Series B funding round. The... |
| 10.06.2024 | Arthan Finance Bags INR 50 Cr in Series B to Boost MSME Lending With the raised funds, the Mumbai-based platform aims to boost the company's expansion and technological progress. | Lendingtech non-banking financial company (NBFC) Arthan Finance has announced the raising of INR 50 crore from investors such as Incofin India Progress Fund and the Michael and Susan Dell Foundation. About INR 83 crore has been raised by Ar... |
| 16.10.2023 | Incofin’s Water Access Acceleration Fund (W2AF) invests EUR 7.5 million in Rite Water | Today (Oct 16th, 2023), being the ‘World Food Day’ and the theme of this year is “Water is life, Water is food. Leave no one behind”, Incofin’s Water Access Acceleration Fund (W2AF) announces its first investment of in Rite Water Solutions ... |
| 23.03.2023 | Exclusive: GIIN launches performance benchmark for agriculture impact investment funds ‘living in a vacuum’ | The Global Impact Investing Network (GIIN) has launched a new tool for agriculture impact investment funds to measure the impact of their investments against others. Eighteen agriculture impact investment funds have contributed data about s... |