FMO and OeEB have invested EUR 30 million in the Hivos-Triodos Fonds to support sustainable development initiatives in emerging markets, particularly focusing on local SMEs in agriculture and renewable energy.

Information on the Target

The Hivos-Triodos Fonds, established in 1994, is a public-private partnership between the Dutch development organization Hivos and Triodos Investment Management. This fund is dedicated to promoting sustainable socio-economic development in emerging markets through targeted investments. With an aim to create impactful changes, Hivos-Triodos Fonds has successfully invested over EUR 300 million across 107 initiatives in 49 countries throughout Africa, Asia, and Latin America, significantly benefitting rural communities, especially women, by enhancing their access to financial services.

The fund's most recent investment is bolstered by a significant commitment of EUR 30 million from FMO (the Dutch development bank) and OeEB (the Austrian Development Bank). This new funding is intended to not only increase the fund's current assets, which stand at EUR 65 million, but also to enhance its efforts in sectors such as agriculture and renewable energy access, ultimately fostering sustainable growth within local small and medium-sized enterprises (SMEs).

Industry Overview in the Target's Specific Country

The landscape for SMEs in developing countries is increasingly crucial for driving economic growth and sustainability. These enterprises often face considerable challenges, particularly a lack of access to financing and support systems. As traditional funding sou