Incofin Investment Management

Incofin Investment Management, established in 2001, is a Belgium-based impact investment firm specializing in financial inclusion for rural and agricultural sectors in developing countries. It invests in microfinance institutions (MFIs) and small and medium enterprises (SMEs), providing debt, equity, and guarantee financing. Incofin typically invests in MFIs with a credit portfolio of at least €1 million and a portfolio quality of PAR30 below 10%. It seeks investments in the range of €100,000 to €1 million, with equity investments held for seven years and debt investments with maturities of one to five years. The firm operates globally, with a significant focus on Sub-Saharan Africa, and has offices in Belgium, Colombia, India, Kenya, Luxembourg, and Cambodia.

Aditya Bhandari

Partner and Regional Director of Private Equity Asia

Rahul Rai

Partner, Incofin India

Past deals in Myanmar

Rent 2 Own(Myanmar)

Debt Financing in 2019
Rent 2 Own (Myanmar) Ltd, established in 2015 and headquartered in Yangon, specializes in motorcycle rental services designed to facilitate asset acquisition for individuals lacking immediate purchasing power. The company primarily targets entrepreneurs, particularly farmers, by providing flexible rental contracts that include maintenance and insurance. These contracts can be adjusted or terminated early without penalties, reflecting the company’s commitment to adaptability. Rent 2 Own also offers options for clients to upgrade their motorcycles or to purchase them outright at any point during the rental period. By enhancing rural mobility, the company plays a vital role in enabling educational access for children, improving farmers' market reach, and supporting individuals in commuting for work. Overall, Rent 2 Own aims to empower its clients and foster economic growth through improved transportation solutions.

Sohan Lal Commodity Management

Secondary Market in 2017
Sohan Lal Commodity Management Pvt Ltd specializes in agricultural commodity warehouse management and procurement services. Founded in 1971 and based in New Delhi, the company offers a comprehensive range of solutions, including commodity warehousing, agriculture financing, and collateral management. It also provides risk mitigation and analytical services, supported by its Commodity Market Intelligence division, which conducts crop surveys and studies. Additional services include quality testing, fumigation, pest control, and commodity certification. Sohan Lal serves a diverse clientele, including farmers, processors, millers, traders, and government entities, facilitating access to technology-driven logistics and storage solutions. The company has expanded its operations beyond India to Myanmar, reinforcing its position as a key player in the agri-logistics sector.
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