FMO mulls $25m investment in Accion fund focused on microfinance institutions

FMO mulls $25m investment in Accion fund focused on microfinance institutions

Photo: Colin Watts / Unsplash

Dutch development bank FMO has proposed a $25-million investment in Accion Digital Transformation Fund, a global investment vehicle that provides growth capital to microfinance institutions (MFIs) in Latin America, Africa, and Asia.