{"id":2944,"date":"2022-01-31T11:59:55","date_gmt":"2022-01-31T11:59:55","guid":{"rendered":"https:\/\/fondohuruma.com\/?p=2944"},"modified":"2022-03-16T11:52:58","modified_gmt":"2022-03-16T11:52:58","slug":"cfe","status":"publish","type":"post","link":"https:\/\/fondohuruma.com\/en\/cfe\/","title":{"rendered":"CFE"},"content":{"rendered":"\n
\n \"CFE,
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CFE<\/h1>\n\n\n\n
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CFE<\/strong> | Microfinance Institution<\/em><\/h2>\n

cfe.com.pa<\/a><\/p>\n

\uf0a7 Centro Financiero Empresarial (CFE) is one of the most inclusive MFIs in Panama, providing financial products to MSMEs and entrepreneurs at the base of the economic pyramid, the missing middle<\/em>, in a country with a very fragmentated and underpenetrated microfinance market<\/strong>. CFE was founded in 2009 and has identified agricultural financing as the key to effectively fulfilling underserved farmers\u2019 needs.<\/p> \n

CFE serves the agricultural sector through standard commercial loans, with plans to specialise in this underserved niche market. Huruma’s technical assistance would assist in this multi-product strategy<\/strong>, contributing to the launch of an agricultural product. . In addition, CFE is expected to implement a segmentation of clients by credit risk and the identification of market niches with potential demand.<\/p>\n

CFE is planning to incorporate green loans product offer in 2022-25<\/strong> to support its environmental strategy. It has recently launched its environmental social responsibility policy<\/strong>, including initiatives to create environmental awareness among employees and clients and generate good practices among the financed enterprises.<\/p> \n <\/div>\n

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Country:<\/strong> Panama<\/p>\n

Investment:<\/strong> EUR 3 million<\/p>\n

Investment type:<\/strong> Senior unsecured debt<\/p>\n

Technical assistance:<\/strong> Pending confirmation<\/p>\n

Date of investment:<\/strong> November 2021<\/p>\n <\/div>\n

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Huruma: Transforming Lives<\/em><\/h2>\n

Huruma\u2019s investment in Centro Financiero Empresarial aims to transform the lives of smallholder farmers through the following theory of change:<\/p>\n

Input: EUR 3 MM<\/strong> focused on agricultural financing.<\/p>\n <\/div>\n

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Output:<\/strong> New agricultural product launched<\/strong> and >EUR 3MM agricultural loans disbursed.<\/strong><\/p>\n

Outcome:<\/strong> Increase >4,800 farmers\u2019 crop yields<\/strong> and >3,900 families\u2019 rural income*<\/strong>.\n <\/p>

(*) Metrics calculated on the basis of the study estimates \u201cUnderstanding Impact Performance: Agriculture Investments\u201d (GIIN, 2020)<\/blockquote>\n <\/div>\n<\/article>\n\n\n\n
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Centro Financiero Empresarial (CFE) is one of the most inclusive MFIs in Panama. It provides financial products to MSMEs and entrepreneurs at the base of the economic pyramid. CFE has identified agricultural financing as the key to effectively fulfilling underserved farmers\u2019 needs.<\/p>\n","protected":false},"author":1,"featured_media":2952,"comment_status":"open","ping_status":"open","sticky":false,"template":"inversiones.php","format":"standard","meta":{"footnotes":""},"categories":[32],"tags":[57],"class_list":["post-2944","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investments","tag-panama-en"],"featured_image_src":"https:\/\/fondohuruma.com\/wp-content\/uploads\/2022\/01\/fondo-huruma-agricultura-cfe-panama-3-2.jpg","author_info":{"display_name":"Fondo Huruma","author_link":"https:\/\/fondohuruma.com\/en\/author\/jl\/"},"_links":{"self":[{"href":"https:\/\/fondohuruma.com\/en\/wp-json\/wp\/v2\/posts\/2944","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/fondohuruma.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/fondohuruma.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/fondohuruma.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/fondohuruma.com\/en\/wp-json\/wp\/v2\/comments?post=2944"}],"version-history":[{"count":7,"href":"https:\/\/fondohuruma.com\/en\/wp-json\/wp\/v2\/posts\/2944\/revisions"}],"predecessor-version":[{"id":3040,"href":"https:\/\/fondohuruma.com\/en\/wp-json\/wp\/v2\/posts\/2944\/revisions\/3040"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/fondohuruma.com\/en\/wp-json\/wp\/v2\/media\/2952"}],"wp:attachment":[{"href":"https:\/\/fondohuruma.com\/en\/wp-json\/wp\/v2\/media?parent=2944"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fondohuruma.com\/en\/wp-json\/wp\/v2\/categories?post=2944"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fondohuruma.com\/en\/wp-json\/wp\/v2\/tags?post=2944"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}