Incofin Investment Management

“The Sahyadri experiment has already cracked the code. What we need now is scale, policy backing, and a champion to drive this growth. The aim should be to ensure that farmers get at least 55-60% of the price being paid by consumers. If India can do it, it will transform its Fruit and Vegetable sector” says Prof Ashok Gulati and Raya Das in their article in The Indian Express and Financial Express (India). They add that the success of #SahyadriFarms presents a blue print for the fruits and vegetables sector. The writers highlight Sahyadri Farmer Producer Company Ltd (SFPCL) is one such company operating in Nashik district of Maharashtra, which provides a blueprint for success. Founded in 2010 under the leadership of Vilas Shinde, SFPCL started with just 10 farmers. It has grown into a network spanning 252 villages, 31,000 acres, and over 26,500 registered farmers in FY24. SFPCL’s annual turnover skyrocketed from Rs 13 crore in FY12 to Rs 1,549 crore in FY24. Read full articles here  https://lnkd.in/dkcNxTWu  https://lnkd.in/dC_hNA4E #SahyadriFarms #VilasShinde #IndianFarmers #Grapes #Horticulture

Last week, we had the pleasure of welcoming students from Solvay Brussels School of Economics and Management into our office. Meeting the next generation, deeply curious about sustainability and eager to roll up their sleeves and tackle real-world challenges alongside us, was inspiring! Their enthusiasm reaffirmed our belief that impact investment goes beyond capital—it requires knowledge, collaboration, and a commitment to solving complex problems together. A special acknowledgment to Prof. Hugues Pirotte, whose approach ensures that students don’t just study impact finance in theory but engage in hands-on, practical projects with companies like ours. We explored ways these students can contribute to our ongoing work, particularly in: ✔ Understanding our investors better ✔ Measuring the percentage of climate finance within one of our funds The future of impact investing is in great hands, and we look forward to continuing to learn from and work alongside these talented students!

Rural women entrepreneurs don’t need charity. They need capital. And we’re making it happen. In rural Türkiye, Incofin is investing $15 million in Şekerbank T.A.Ş. through the Global Gender-Smart Fund to support women micro-entrepreneurs and women-led MSMEs. Special thanks to Şekerbank CEO Aybala Şimşek for her dedication to advancing women's active participation in the economy. Together, we're bridging the gender gap in financial services. Press Release: https://lnkd.in/eY_KKke6 Elvina Garayeva, Shabdan Tagaev, Rita Van den Abbeel, Max Suijkerbuijk

𝗪𝗵𝗮𝘁 𝗺𝗮𝗸𝗲𝘀 𝗯𝗹𝗲𝗻𝗱𝗲𝗱 𝗳𝗶𝗻𝗮𝗻𝗰𝗲 𝘄𝗼𝗿𝗸? At Incofin, we’re honored to be highlighted in Environmental Finance, which emphasized a key insight: 𝗘𝘅𝗽𝗲𝗿𝗶𝗲𝗻𝗰𝗲𝗱 𝗳𝘂𝗻𝗱 𝗺𝗮𝗻𝗮𝗴𝗲𝗿𝘀 𝗮𝗿𝗲 𝗰𝗿𝘂𝗰𝗶𝗮𝗹 𝗳𝗼𝗿 𝘀𝘁𝗿𝘂𝗰𝘁𝘂𝗿𝗶𝗻𝗴 𝗯𝗹𝗲𝗻𝗱𝗲𝗱 𝗳𝗶𝗻𝗮𝗻𝗰𝗲 𝗽𝗿𝗼𝗱𝘂𝗰𝘁𝘀 𝘁𝗵𝗮𝘁 𝗮𝘁𝘁𝗿𝗮𝗰𝘁 𝗽𝗿𝗶𝘃𝗮𝘁𝗲 𝗰𝗮𝗽𝗶𝘁𝗮𝗹 𝗳𝗼𝗿 𝗰𝗹𝗶𝗺𝗮𝘁𝗲 𝗮𝗱𝗮𝗽𝘁𝗮𝘁𝗶𝗼𝗻. It reminded us of a powerful moment during Convergence Blended Finance "Inside the Deal" webinar. Nadia Scharen-Guivel from U.S. International Development Finance Corporation—the first DFI to invest in our Water Fund—shared:  “𝘞𝘩𝘢𝘵 𝘦𝘯𝘢𝘣𝘭𝘦𝘥 𝘮𝘢𝘯𝘺 𝘴𝘵𝘢𝘬𝘦𝘩𝘰𝘭𝘥𝘦𝘳𝘴 𝘵𝘰 𝘵𝘳𝘶𝘴𝘵 𝘐𝘯𝘤𝘰𝘧𝘪𝘯 𝘸𝘢𝘴 𝘵𝘩𝘦𝘪𝘳 𝘢𝘣𝘪𝘭𝘪𝘵𝘺 𝘵𝘰 𝘰𝘧𝘧𝘦𝘳 𝘥𝘪𝘷𝘦𝘳𝘴𝘪𝘧𝘪𝘤𝘢𝘵𝘪𝘰𝘯—𝘢𝘤𝘳𝘰𝘴𝘴 𝘳𝘦𝘨𝘪𝘰𝘯𝘴 𝘢𝘯𝘥 𝘴𝘮𝘢𝘭𝘭-𝘴𝘤𝘢𝘭𝘦 𝘱𝘳𝘰𝘥𝘶𝘤𝘵𝘴. 𝘛𝘩𝘪𝘴 𝘥𝘪𝘷𝘦𝘳𝘴𝘪𝘧𝘪𝘤𝘢𝘵𝘪𝘰𝘯 𝘮𝘪𝘵𝘪𝘨𝘢𝘵𝘦𝘴 𝘳𝘪𝘴𝘬𝘴 𝘪𝘯𝘩𝘦𝘳𝘦𝘯𝘵 𝘪𝘯 𝘪𝘴𝘰𝘭𝘢𝘵𝘦𝘥 𝘱𝘳𝘰𝘫𝘦𝘤𝘵𝘴.” But we didn’t stop at diversification. We also: ✅ Attracted technical assistance early on ✅ Built a robust pipeline of rigorously vetted projects ✅ De-risked early investments to reduce barriers for new investors 𝗧𝗵𝗲 𝗿𝗲𝘀𝘂𝗹𝘁? Incofin helped pave the way for diverse investors to commit confidently, creating a demonstration effect that catalyzes further investment. Now, we're applying elements of this approach to the 𝗜𝗻𝗰𝗼𝗳𝗶𝗻 𝗖𝗹𝗶𝗺𝗮𝘁𝗲-𝗦𝗺𝗮𝗿𝘁 𝗠𝗶𝗰𝗿𝗼𝗳𝗶𝗻𝗮𝗻𝗰𝗲 𝗙𝘂𝗻𝗱—focused squarely on climate adaptation and resilience. It is not a blended structure, but it shares its purpose with the article. 𝗢𝘂𝗿 𝗺𝗶𝘀𝘀𝗶𝗼𝗻? To build a more sustainable, climate-resilient future. 𝗢𝘂𝗿 𝗶𝗻𝘃𝗶𝘁𝗮𝘁𝗶𝗼𝗻? Join us. https://lnkd.in/e733se9s by Regina Rossmann of Convergence Blended Finance

40 years ago USAID sponsored for Cornelius Muthuri a Master of Science degree in Food. With this technical background and some entrepreneurial spirit Cornelius founded Soy Afric. Today Soy Afric is led by David Muriuki and provides nutritious food to children and families accross Africa. The company is ready to expand with support of impact investors like Incofin Investment Management and its Nutritious Food Finance Facility (N3F). Meeting with Cornelius (an inspiring entrepreneur!) this morning reminded me of the importance of development work delivered by organisations like USAID Advancing Nutrition in the US or Enabel in Belgium. If you believe our politicians should continue development work please like or share this post. I use this post also to express my gratitude and support to all my friends in the development world! Thanks also to the Global Alliance for Improved Nutrition (GAIN) and the Swiss Agency for Development and Cooperation for supporting N3F!

Behind every number is a name. Behind every loan is a life changed. Earlier this month, we celebrated 10 years of partnership with Invest in Visions – a decade of driving financial inclusion and empowering entrepreneurs worldwide. In a previous post, we shared the big numbers: ✅ 310 microloans granted ✅ 102 microfinance institutions supported ✅ 34 countries reached ✅ USD 1.5 billion in funding But what do these numbers really mean? Who are the people behind them? Meet just a few of the many inspiring entrepreneurs who, with access to finance, turned their vision into reality. It's never been about billions in funding. It’s about the people who make every dollar count. Here’s a look at 10+ years of impact, one story at a time. ⬇

Happy to see this milestone achieved! Incofin is proud to have contributed to the development of this framework, now empowering developing countries to mobilize investments for climate action, nature conservation, and sustainable development.

Sahaana Sankar and Soundra valli Venkatraman along with Shubham Kothari of Incofin Investment Management participated in the two day AFIFORUM - Asia Financial Institutions Forum at Bangkok earlier this week. The forum included powerpacked meetings and learning about the latest in the financial trends in the financial inclusion space in Asia and beyond. It was a positive start to the year and reiterated that the affordable housing finance sector in India is on its growth trajectory and we are excited to be a part of this journey!   #affordablehousing #varashaktihousingfinance #afiforum #bangkok #india

Shaping the Future of Water Resilience at Davos Today, we are honored to attend a landmark roundtable discussion hosted by WaterAid and the Global Commission on the Economics of Water in Davos. The session? “Building a Water-Resilient Future: Finance for Impact.” Here’s why this matters: This gathering brings together leaders from government, finance, and corporate sectors to address one of the defining challenges of our time—water resilience and equitable access. A key focus will be exploring Just Water Partnerships (JWPs)—an innovative approach carrying a spirit of radical collaboration. We’ll tackle pressing questions like: 1️⃣ How can investments in water resilience balance social equity and sustainability? 2️⃣ What role does private sector innovation play in scaling impactful solutions? 3️⃣ How can private efforts and government strategies align to drive lasting change? 📍 Date: January 21, 2025 📍 Location: SDG Tent, National Hotel, Davos At Incofin, we are deeply committed to unlocking impact investment opportunities to address critical global issues, with water resilience as a cornerstone of our work. Our co-CEO Geert Peetermans looks forward to engaging with an incredible lineup of global leaders, including the President of Singapore, representatives from unique water initiatives, to chart a collaborative path forward. Tharman Shanmugaratnam, Tim Wainwright, Lesley Pories, Joyeeta Gupta

Proud to share that two of our current investees CJSC Bank "Arvand" and Fundenuse, S.A. have been honored with a 60 Decibels Social Impact Award! They ranked among the top financial service providers surveyed in the 2024 Microfinance Index. 🏆👏 Additionally, three of our past investees— GRACE AND MERCY HOUSEHOLDS IMPROVEMENT INITIATIVE, Annapurna Finance Pvt. Ltd. and MiCredito — also secured well-deserved spots in the rankings! Their continued work is going strong. 🙌💡 The MFI Index is the world’s largest financial inclusion index grounded in customer voice, surveying 36,000+ clients of financial service providers in 45 different countries. Winning this award is testament to the outstanding work and dedication of the teams we work with, great to see this recognition for their work! Find out more about the awards and explore the full report here: https://lnkd.in/eSsvWNaZ