FMO

The Netherlands Development Finance Company (FMO) supports the private sector in developing countries and emerging markets in Africa, Latin America, Asia and Eastern Europe. The aim is to promote long-term economic growth as a prerequisite for sustainable development and effective poverty reduction.

 



Small companies and micro-entrepreneurs serve as the engine for economic growth in developing countries. They make an important contribution to sustainable development and effective poverty reduction. To play an active role in the local economy, these entrepreneurs need credit as well as saving opportunities and access to payment services. This requires a healthy local financial sector.

To maximize its effectiveness, FMO does not directly finance micro-entrepreneurs and small enterprises but concentrates on strengthening the local financial sector by extending risk capital, long-term local currency financing and know-how to local financial intermediaries.

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Last update: 08 November 2004