Cardano Impact Financial Inclusion Fund (I)

The Cardano Impact Financial Inclusion Fund (I) has a sustainable investment objective. The fund aims to achieve a positive societal impact by providing private loans to financial institutions in emerging countries. Through this approach, Cardano seeks to enhance access to financing for micro and SME businesses in these regions. Professional investors have the opportunity to invest in a fully allocated portfolio with a successful track record. The fund also addresses the growing demand from investors to actively contribute to the realization of the United Nations Sustainable Development Goals (SDGs). The fund aligns well with the growth trend from the micro to the SME segment in these regions. This is a significant development as SMEs in emerging countries account for 45% of total employment, 4 out of 5 formal jobs, and 33% of national income.

To facilitate financing for Microfinance Institutions (MFIs), Cardano collaborates with Developing World Markets (DWM). The Cardano Impact Investing team serves as the fund manager, while DWM is responsible for selecting suitable investments, performing due diligence, monitoring investments, and reporting on them.

An investment committee operates alongside the Cardano Impact Investing team and is responsible for making investment decisions and communicating with and maintaining relationships with (institutional) investors. Decisions are made based on financial and social or societal criteria. Proposals must meet the investment policy of Cardano Impact Investing in both areas. Once an investment decision is made, DWM ensures the timely and regular monitoring of investments and, in case an MFI faces problems, finds adequate solutions that are both socially and financially viable. The Cardano Impact Investing team reports to fund participants on a monthly, quarterly, and annual basis.