NeoGrowth plays a vital role for their clients as most of them have no or limited alternatives to access credit and thus expand their businesses.
Triodos Microfinance Fund and Triodos Fair Share Fund have provided a loan to NeoGrowth to further realise its growth ambitions. The loan solidifies the funds' SME strategy in emerging markets.
KEY INDICATORS as of 31 December 2016:
- number of loan clients: 3,099
- average loan amount: EUR 646
- percentage female clients: 16%
- percentage rural clients: 0%
- number of savings clients: 17,005