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.
> Learn more about Oxfam Novib’s approach to Microfinance (in Dutch)
