|ORGANIZING PARTNER /// FMO|
|FMO is the Dutch development bank. FMO has invested in the private sector in developing countries and emerging markets for more than 47 years. Our mission is to empower entrepreneurs to build a better world. To that end, FMO invests in businesses, projects and financial institutions, by providing capital, knowledge and networks to support sustainable growth. We do this with the ultimate goal of empowering people to apply their skills and improve their own quality of life.
We invest in over 85 countries, supporting job creation and income generation and improving people’s lives in those parts of the world where this makes the biggest difference. Our role extends beyond financing, as we help businesses to operate and grow transparently in an environmentally and socially responsible manner. We invest in sectors where we believe our contribution can have the highest long-term impact: financial institutions, energy and agribusiness.
Through our approach, we aim to demonstrate to other investors that strong financial returns and positive impact in developing countries and emerging markets can go hand-in- hand. Our success in higher-risk markets provides them with the confidence to get on board allowing us to mobilize more funding for our clients.
FMO was founded in 1970 and is a public-private partnership, with 51% of our shares held by the Dutch State and 49% held by commercial banks, trade unions and other members of the private sector. FMO has a triple A-rating from both Fitch and Standard & Poor’s.
|EXHIBITION SPONSOR /// CROWDCREDIT|
| Crowdcredit was founded in 2013 aiming at connecting borrowers in needs of capitals in countries with premature financial infrastructure and investors in needs of asset management opportunities in countries with saturated financial market, namely Japan.
Currently, the company is exploring solar energy sector and is developing partnership with those parties; such as, off/on-grid manufacturers, installers, financiers, project developers, etc. who have regular financing needs for business expansion. Moreover, it is possible for Crowdcredit to suffice their needs by serial loans that are funded every two weeks by Japanese retail investors in its proprietary crowd funding platform.
As of today, Crowdcredit has raised loan funds of US$ 45mm+ from 8,000+ registered investors at the recent rate of US$ 4mm per month with increasing trend. Also, the company has provided loans to SMEs, non-bank lenders and individuals mainly in emerging or newly developed countries; such as, Peru, Estonia, Georgia, Cameroon, etc.
|GOLD SPONSOR /// TCX|
| The Currency Exchange Fund N.V. (“TCX”) is a development finance initiative that offers currency derivatives in financial markets where such products are not available or poorly accessible.
TCX acts as a market‐maker in currencies and maturities not covered by banks. A key objective of the Fund is to allow lenders and borrowersto hedge currency mismatchesthatresult from cross‐border financing involving frontier markets.
TCX typically offers longer‐dated products to support longer‐term local currency finance. TCX covers over 70 currencies worldwide. Since starting operationsin 2008, TCX has hedged over USD 3.6 billion of local currency loans. By December 2015, the Fund’s portfolio of cross currency swaps and forwards amounted to over USD 1.3 billion spread across 50 currencies and 650 transactions. TCX’s investor base consists of development finance institutions and microfinance investment vehicles active in emerging and frontier markets.