Investment funds in local SMEs – proposed transaction - Financial Inclusion Resilience Fund (FIRF)
FIRF is a dedicated post-Covid-19 solution, providing subordinated debt to financial intermediaries serving MSMEs and low-income borrowers in emerging markets.
The Fund seeks to serve as a catalyst to improve the solvency position of these Financial Intermediaries, allowing them to continue and increase their lending activity to MSMEs and low-income borrowers.