PROJECT

Projects

Summary of Proposed Investment

Project Number

25478

Company Name

Rural Impulse Fund SA

Date SPI Disclosed

Feb 27, 2007

Country

World Region

Industry

Funds

Projected Board Date

Apr 1, 2007

Status

Completed

Sector

Other Funds

Department

Global Industry, Financial Markets

Environmental Category

FI

Previous Events

Approved : Aug 2, 2007
Signed : Aug 10, 2007
Invested : Aug 31, 2007

Project Description

The Rural Impulse Fund (the Fund) is authorised as an undertaking for collective investment (UCI) under Luxembourg Law. The Fund aims at contributing to the alleviation of poverty in rural areas underserved by the microfinance industry by making debt and/or equity investments in MFIs, which provide financial services to the rural poor. The Fund shall be managed by the Fund Advisor Incofin. Incofin has a successful track record with managing two microfinance funds, both with a global outreach and making debt as well as equity investments.

Sponsor / Cost / Location

Development Impact