ONF is primarily aiming to fund portfolio growth of MFIs operating in disaster-prone areas, with a target of maintaining a minimum level of exposure to focus countries (more than 50% exposure to countries most vulnerable to climate change). It is also targeting high Sub-Saharan exposure (more than 30% of the portfolio), exposure to women and rural borrowers (greater than 60%) and agri-exposure (greater than 30%). Additionally, ONF has a dedicated credit line to support the recovery of vetted MFI’s after acute climate shocks and a credit line to finance the development and scale-up of innovative climate products and services.
Impact of ONP’s portfolio (as of June 2025):
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- Each EUR 1 million invested reaches over 1,809 borrowers, 85% of whom are women.
- With every EUR 1 million, ONP empowers approximately 1,537 women entrepreneurs.
- EUR 1 million invested brings financial inclusion to around 1,284 rural borrowers.
- Every EUR 1 million fuels 1,085 microloans and 398 SME loans.
- ONP investment of EUR 1 million supports nearly 1,809 families with access to finance.
> Learn more about Oxfam Novib’s approach to Microfinance (in Dutch)
