Impact Stories

BIO has granted loans and technical assistance to Cofina Senegal and Cofina Ivory Coast, members of Cofina Groupe, a young Pan-African mesofinance group.

Hervé-Serge Ndakpri is the Group CFO. This is his story.

Dr Jessica Schicks is a Senior Investment Officer at BIO, in charge of Financial Institutions. She has a specific focus on digitalisation.

This is her story.

BIO has granted a € 3 M loan to Advans Côte d’Ivoire and technical assistance of € 123 K.

Mariam Djibo is the managing director of Advans CI. This is her story.

Mcvin Mbesa Muia owns a dairy farm in Kyambutho. She received a loan from the Kenya Women Microfinance Bank, which is supported by REGMIFA.

EDFI Management Company (EDFI MC), established in 2016, manages concessional funds on behalf and for member development finance institutions (DFIs).
To maximise EDFI MC’s chances to succeed in its European ambitions, to be recognised as an important partner by the European Commission, and to ensure a better integration of the MC into the shared goal of the European DFIs to be able to handle more difficult investments, it is key that more EDFI members are shareholders of the company.

BIO has given a USD 6 M loan to VisionFund Myanmar, one of the largest MFI operating in Myanmar which aims to empower women to build secure livelihoods.
Daw Saw Saw Win is one of these empowered women. This is her story.

Story sourced from VisionFund Myanmar.

BIO has given a USD 12 M loan to Pact Global Microfinance Fund, a Myanmarese MFI with a specific focus on female entrepreneurs. Daw San San Win and Daw Ky Htay are clients of PGMF. This is their story.

In trying to conciliate our aspirations with the harsh reality, BIO is confronted with dilemmas almost every day, especially concerning the environmental, social and governance aspects of investments.

BIO has invested USD 7 M in equity in Agri-Vie II, a specialized food & agribusiness investment fund active in Sub-Sahara Africa. They have invested in Marginpar Group. Mr Richard Fernandes is the CEO of Marginpar Group, formerly Kariki. This is his story.