News

The Huruma Fund invests 8 million euros in Sindhuja Microcredit, its third equity investment in India

Fondo Huruma

2/04/2024

• Co-financed by the European Union, FONPRODE, COFIDES and private investors • Sindhuja Microcredit to provide loans to low income households and especially stands to benefit farmers and women Noida, April 2, 2024. The Huruma Fund, managed by GAWA Capital and financed by the European Union, AECID (through FONPRODE funding), COFIDES, and private investors, has […]

A farmer at work in an agricultural field in India

Call for tenders for farmer mobilization and onboarding of a cluster development program

Fondo Huruma

15/11/2023

– In three Indian states (Tamil Nadu, Karnataka and Andhra Pradesh) Madrid, November 15, 2023. GAWA Capital requires consultancy services to implement a technical assistance programme for farmers: farmer mobilization and onboarding of a cluster development program in relation to the Huruma Fund Technical Assistance Facility. For the purposes of this call for tenders, GAWA […]

COFIDES-led Huruma Fund receives ALIDE award

Fondo Huruma

5/06/2023

• Recognising its contribution to improving the agricultural sector to reduce poverty in rural farming areas Madrid, June 05, 2023. The Latin American Association of Development Financing Institutions (ALIDE) has presented an award to the Huruma Fund in recognition of its contribution to improving the agricultural sector by helping to reduce poverty in rural farming […]

Cover image of the Huruma Fund Annual Report 2021

Huruma Fund publishes the 2021 Annual Report

Fondo Huruma

22/12/2022

The investments have been committed and made through ten financial institutions in five countries in the amount of 47.4 million euros.

The Huruma Fund disburses its first deal in Paraguay, favoring financing of agriculture SMEs

Fondo Huruma

14/12/2022

This is the first transaction in local currency (guaranies) by an international investor.

The Huruma Fund supports training and adaptation to climate change for smallholder farmers in Brazil

Fondo Huruma

1/12/2022

With a 12 million euros loan to the financial institution Central Cresol Baser, the fund will help increase financing in the Brazilian agricultural sector by supporting the third largest cooperative group in the country.

The Huruma Fund invests 5 million euros in an agricultural processor in Nigeria

Fondo Huruma

23/11/2022

Babban Gona is the largest maize producing organization in West Africa with a network of over 81,000 producers.

The Huruma Fund helps bridge the financing gap of agriculture SMEs in Mexico

Fondo Huruma

29/09/2022

The fund has completed its first investments in Mexico by granting two loans of 3.6 and 12 million euros to the financial institutions ProCrédito and MEGA, respectively.

The Huruma Fund supports financing for smallholder farmers in Senegal

Fondo Huruma

6/07/2022

The Fund has completed its first investment in Africa by granting a €2.5 million loan to Senegal’s CAURIE microfinance institution and aims to generate jobs benefiting more than 9,700 families in the country.

A group of women and members of Gawa Capital smiling after a meeting

The Huruma Fund invests 6 million euro in Pahal and acquires a minority stake in the Company

Fondo Huruma

11/04/2022

The Fund completes its second equity investment in India through this microfinance institution operating in seven Indian states with a network of 201 branches.

OECD highlights the Huruma Fund as a case of good practice

Fondo Huruma

11/03/2022

Highlighted as an example of public-private partnership, investment, impact and support for vulnerable farmers.

Beneficiaries of the Huruma Fund investment through the WayCool project together with a member of Gawa Capital

The Huruma Fund invests 10 million euros in WayCool Foods

Fondo Huruma

21/02/2022

The Fund completes its first capital investment in India, directly supporting an agricultural company, which processes, distributes and supplies staple dairy products and fresh produce.

Image of two Panamanian confectioners in their bakery

The Huruma Fund completes two investments in Panama aimed at farmers in underserved areas

Fondo Huruma

10/02/2022

Huruma investments now surpass 30 million euros in loans and equity.

Image of a Peruvian farmer with a member of Edpyme Alternativa.

The Huruma Fund completes its first three investments in two development finance institutions in Bolivia and one in Peru

Fondo Huruma

17/01/2022

The total investment, of over 13 million euros in these three entities, will allow increasing their agriculture loan portfolios, reaching more farmers, and launching specific agricultural products. This adds up to six investments of the Huruma Fund, exceeding 23 million euros invested in finance institutions focused on farming.

COFIDES and GAWA Capital set up the Technical Assistance Facility for the Huruma Fund financed by the European Commission

Fondo Huruma

13/10/2021

TAF is financed with a European Union donation of 7.7 million euro and open to contributions by other donors.

Un agricultor cultiva hortalizas junto a un carretillo azul.

Huruma Fund completes its final closing, achieving 120 million euros target

Fondo Huruma

21/07/2021

Huruma Fund has completed a final closing with total commitments of 120 million euros. The Fund has been able to mobilise capital from a wide range of private investors in only 9 months of fundraising.

NORANDINO, Cooperativa de Ahorro y Crédito

The Huruma Fund marks its third impact investment with COOPAC Norandino

Fondo Huruma

21/06/2021

The Huruma Fund, managed by GAWA Capital and financed by the European Union, FONPRODE, COFIDES and private investors and savers, has formalised a first operation in Peru in a Savings and Loan Cooperative (COOPAC) called “Norandino”, based in Peru.

Faces, Fundación de Apoyo Comunitario y Social de Ecuador

The Huruma Fund financed by the European Commission, FONPRODE and private investors, completed its first two impact investments in INSOTEC and FACES

Fondo Huruma

15/02/2021

The Huruma Fund is the largest social impact fund in Spain (120 M EUR) aimed at financing smallholder farmers in poor rural areas in Latin America, the Caribbean, sub-Saharan Africa, and Asia, and the only one with a “blended finance” structure. 

COFIDES presenta el Fondo Huruma

COFIDES presents the Huruma Fund, aimed at financing smallholder farmers in rural areas

Fondo Huruma

19/11/2020

COFIDES has presented the Huruma Fund today, an impact investment fund that will provide financing to smallholder farmers or those excluded in rural areas of Latin America, the Caribbean, sub-Saharan Africa, and Asia.