Mozambique - Socremo, Banco de Microfinanças SARL

In 2005, Socremo underwent an important institutional development. A diversification of the ownership structure (with among others Hivos-Triodos Fund partner AfriCap Microfinance Fund) and the acquired bank license were crucial to enable it to develop and become an important provider of differentiated financial services to the lower income groups in Mozambique. The loans were partly provided in syndicate with Novib Foundation and Triodos-Doen.

 

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Royal distinction for Peter Blom, Triodos Bank Chief Executive
19 May 2008 - Peter Blom was nominated a Knight of the Order of Orange-Nassau during the celebration of his 25th anniversary on Friday 16 May last.
First investment of the Ampere Equity Fund
9 April 2008 - Participation in largest onshore wind farm in the Netherlands.
Triodos Bank announces strong growth, of 23%, in 2007
29 February 2008 - The bank’s net profit rose by 46% to EUR 9 million. Earnings per share rose by 13%, to EUR 3.85.