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Cordaid (www.cordaid.nl ) combines experience and expertise of more than 90 years in emergency aid and structural poverty eradication and over 15 years of financing entrepreneurial organisations in developing countries. Cordaid is one of the largest international development organisations, spending some € 155 million annually in 36 countries. Cordaid's sector Entrepreneurship focuses on the improvement of economic perspectives of low-income people. The sector Entrepreneurship has an annual budget of € 30 million and is responsible for managing a € 60 million portfolio of loans, guarantees and equity investments in developing countries.
Cordaid invests in the InReturn East Africa Fund to act as an accelerator to private investors and to stimulate SME investments, since SMEs are the job creating motor in developing countries.
DOEN Foundation (www.doen.nl ) is the fund of three Dutch charity lotteries: the Dutch Postcode Lottery, the BankGiro Lottery and the Sponsor Bingo Lottery. DOEN works towards the achievement of a livable world in which everyone has a place by supporting initiatives that are sustainable, entrepreneurial and/or extraordinary. A portion of the contributions made by the Dutch National Postcode Lottery is used by DOEN Foundation to improve access to financial services in developing countries as part of the Sustainable Entrepreneurship programme. DOEN considers access to finance an important tool for sustainable development and civil society building. It helps small and medium sized enterprises to further develop their economic activities, guaranteeing a better income and raising the overall standard of living for entrepreneur, family and employees. The aim of DOEN Foundation is to improve the supply of financial services to new microfinance and SME investment initiatives, and to promote sustainable initiatives that strengthen the financial sector.
Private Investors
InReturn is proud to have commitments of 20 private investors:
• Successful entrepreneurs
• Majority has experience with SME investments
• Aim at a combination of social and financial returns
• Can be actively involved in guiding and monitoring SME entrepreneurs
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