Since 2013 we provide capital to growing and inclusive Small and Medium Enterprises (SMEs) through our Capital 4 Development (C4D) Fund to contribute to fair economic development in the countries where we work. We partner with SMEs that have a solid and sustainable business model combined with strong leadership, and a clear agenda for social and environmental impact. We believe in SMEs where social and financial sustainability are no trade-offs but balanced in the business case, optimizing the impact as well as the financial performance.

Through our financial investment instruments we support our investees to grow and mature which eventually will improve their access to the regular financial systems. As a result these companies are no longer dependent on social or impact investors.

Next to investing capital we support our investees by providing access to both the ICCO Cooperative extensive infrastructure and our local and international networks. We share the experience which we have accumulated over the years with our investees and our investment managers are motivated sparring partners for the SMEs.

Impact achieved in 2016

By end of 2016, Capital 4 Development (C4D) Fund has - since establishment in 2013 – achieved the following impact:

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