News

  • Microfinance: US$9 million for FUNDESER, Nicaragua

  • 24.07.2013
  • Fundeser receives US$9 million more to support the micro, small and medium sized urban and rural enterprises of Nicaragua. The lenders are BIO and Incofin (Belgium), ResponsAbility and Symbiotics (Switzerland), Cordaid and Oikocredit (Netherland), Conective Capital (Germany) and LMDF/ADA (Luxemburg).

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  • USD 60.5 million syndicated loan for PRASAC, Cambodia

  • 10.07.2013
  • PRASAC, the leading microfinance institution in Cambodia, entered the syndicated loan market with a USD 60.5 million facility to expand the market with new services. BIO is one of the lenders (USD 7.5 million) of this syndicated loan organized by the Dutch Entrepreneurial Development Bank (FMO). The transaction is the largest syndicated loan ever made in the microfinance sector worldwide.

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  • Evaluatie van BIO

  • 07.05.2013
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    BIO is eind 2012 het voorwerp geweest van een externe evaluatie door de Dienst Bijzondere Evaluatie die is opgericht binnen de FOD Buitenlandse Zaken, Buitenlandse Handel en Ontwikkelingssamenwerking. Het rapport dat in januari 2013 werd gepubliceerd, erkent de fundamentele rol die BIO speelt en bevestigt dat de onderneming een geschikt instrument is om de private sector in de ontwikkelingslanden op duurzame wijze te ondersteunen. Klik hier om het verslag te downloaden.

  • Contributing to Creating More and Better Jobs

  • 15.01.2013
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    A group of International and Development Finance Institutions met today on the occasion of the IFC Jobs Conference. Jobs are central to the global development agenda. At today’s conference, we deepened our understanding of the magnitude and urgency of creating more and better jobs in the countries we support, now and in the near future. Through this statement, we today take the opportunity to share our renewed commitment to do all we can to help address this critical issue. Recently at the International Monetary Fund and World Bank Group’s Annual Meetings 2012 and in the 2013 World Development Report on Jobs, the international development community highlighted the issue. Over 200 million people are currently unemployed, most of them young people. To keep up with population growth, 600 million jobs have to be added by 2020.

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  • De evaluatie van BIO bevestigt zijn primordiale rol in Ontwikkelingssamenwerking

  • 14.01.2013
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    De instelling is een cruciaal instrument om de privésector te ondersteunen

    De Dienst van de Bijzondere Evaluator opgericht binnen de FOD Buitenlandse Zaken, Buitenlandse Handel en Ontwikkelingssamenwerking heeft het Evaluatierapport van BIO gepubliceerd. BIO is verheugd over het gedane werk en omschrijft het rapport als constructief en bemoedigend. De Bijzondere Evaluator erkent de fundamentele rol van BIO en bevestigt dat de instelling een geschikt instrument is om de privésector in ontwikkelingslanden op een duurzame manier te ondersteunen.

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  • Afvalwater omzetten in schone energie

  • 07.12.2012
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    Vermindering van gasuitstoot en verbetering van de levensstandaard van de bevolking

    BIO heeft een lening van EUR 1,37 miljoen ondertekend met Thai Biogas Energy Co Ltd (TBEC), om de allereerste biogasinstallatie in Laos te financieren. Afvalwater van Lao Indochina Group Co Ltd (LIG), een bedrijf dat tapioca maakt van maniokwortels die hoofdzakelijk worden aangekocht bij kleine boeren, zal worden omgezet in gas. De steenkool die tot op heden werd gebruikt zal dus worden vervangen door schone en goedkope energie. LIG zal bijgevolg zijn belangrijke rol als verwerkingsbedrijf voor de lokale kleine boeren voortzetten, terwijl het broeikaseffect door gasuitstoot wordt verminderd. Het project zal ook bijdragen tot de wegwerking van de geurhinder dankzij de uitbreiding van de afvalwaterbehandelingstanks, alsook de productie van natuurlijke meststoffen uit het resterende slijk toelaten. Dit innovatief project zal de levensstandaard van de bevolking verbeteren en het inkomen van de kleine boeren en de fabrieksarbeiders verhogen.

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  • BIO to support Bolivian microfinance institution CIDRE

  • 27.11.2012
  • BIO and CIDRE have agreed upon a Credit Facility Agreement amounting to USD 1.5 million. With the provision of this loan, BIO will enable a rural microfinance institution in Bolivia to expand its operations and reinforce its support to micro- and small enterprises. It will improve access to finance for unbanked rural entrepreneurs, while stimulating economic growth and generating jobs.

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  • BIO to support Bolivian microfinance institution CIDRE

  • 27.11.2012
  • BIO and CIDRE have agreed upon a Credit Facility Agreement amounting to USD 1.5 million. With the provision of this loan, BIO will enable a rural microfinance institution in Bolivia to expand its operations and reinforce its support to micro- and small enterprises. It will improve access to finance for unbanked rural entrepreneurs, while stimulating economic growth and generating jobs.

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  • PRASAC builds libraries for primary schools

  • 01.10.2012
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    Improving education and literacy of young students

    In order to achieve the Cambodia Millennium Development Goals (CMDG) by 2015, the Cambodian Government has put Education Development high on its agenda. That is why the “Education For All” program has been initiated to ensure that all Cambodian students complete Primary School at the least and further enroll in the 9 years program. PRASAC has launched a project called “Library Project” in 2011 to support the government’s policy in this respect. The project has been set up in cooperation with Room to Read, an organization dedicated to promoting and enabling education through programs focused on literacy and gender equality in education. The project aims to building libraries for primary schools. The first library was officially opened at the end of 2011 in the Pongror Leu primary school in Chek Commune, Chikreng District, SiemReap province. In 2012, PRASAC plans to build two new fully-equipped library facilities in two provinces, Kg Thom and Kg Cham. Moreover PRASAC will offer scholarship for outstanding students on both local and national level. About PRASAC PRASAC, the largest microfinance institution in Cambodia, with 158 offices nationwide, has boosted its operations to help the Cambodian people improving their living standards through the provision of loans, savings, local money transfer, and local money exchange. In addition, PRASAC is the first microfinance institution in Cambodia to launch ATM services. As of July 2012, PRASAC provided loans to 121,531 active borrowers with a loan portfolio worth more than USD 172 million. PRASAC has 79,320 depositors representing more than USD 22.5 million of savings.