OeEB provides Advisory Programmes funds for the Technical Assistance Facility of Regional Micro, Small and Medium Enterprise Investment Fund (REGMIFA).
The investment fund REGMIFA provides microfinance institutions (MFI) in Sub-Saharan Africa with credit lines. MFIs can thus provide microloans – mostly in local currencies - to micro, small and medium-sized enterprises.
Additionally, the fund’s Technical Assistance Facility provides MFIs with know-how for improving their institutional structures (e.g. management information systems, risk management, responsible finance etc.) as well as for developing their products and broadening their customer base.
OeEB provides USD 3.9 million to the investment fund REGMIFA as well as Advisory Programmes funds for REGMIFA’s Technical Assistance Facility.
More about the project:
OeEB invests in Regional Micro, Small and Medium Enterprise Investment Fund (REGMIFA)