Huruma Fund publishes the 2021 Annual Report
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.
News
The Huruma Fund disburses its first deal in Paraguay, favoring financing of agriculture SMEs
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
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
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
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
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.
The Huruma Fund invests 6 million euro in Pahal and acquires a minority stake in the Company
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
11/03/2022
Highlighted as an example of public-private partnership, investment, impact and support for vulnerable farmers.
The Huruma Fund invests 10 million euros in WayCool Foods
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.
The Huruma Fund completes two investments in Panama aimed at farmers in underserved areas
10/02/2022
Huruma investments now surpass 30 million euros in loans and equity.
The Huruma Fund completes its first three investments in two development finance institutions in Bolivia and one in Peru
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
13/10/2021
TAF is financed with a European Union donation of 7.7 million euro and open to contributions by other donors.
Huruma Fund completes its final closing, achieving 120 million euros target
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.
The Huruma Fund marks its third impact investment with COOPAC Norandino
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.
The Huruma Fund financed by the European Commission, FONPRODE and private investors, completed its first two impact investments in INSOTEC and FACES
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 presents the Huruma Fund, aimed at financing smallholder farmers in rural areas
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.