FMO

In 2013, Goodwell was mandated by the Dutch Ministry of  Foreign Affairs to review the MASSIF Fund which is managed by FMO. MASSIF provides financial resources to small businesses and micro-entrepreneurs (MSMEs) by supporting the local financial intermediaries and institutions that can contribute to their development.

Goodwell’s role was to:

  • Review the current investment portfolio of MASSIF to get a better insight in the risk and financial return as well as the effectiveness of the impact measurement system;
  • Review whether, and if so how, private funds can be most effectively catalysed by MASSIF.

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