FMO proposes $10m investment in MCE’s latest debt fund

FMO proposes $10m investment in MCE’s latest debt fund

REUTERS/Jose Luis Gonzalez

Dutch development bank FMO has proposed to invest $10 million in the latest close-ended debt fund of non-profit impact investor MCE Social Capital, according to a disclosure.

The fund, MCE Empowering Sustainable Agriculture (MESA), is a new nine-year closed-ended vehicle that aims to enhance the climate resilience of small farmers and empower women in the agricultural sector in emerging markets.

Edited by: Joymitra Rai

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