As of February 2025, the Triple Jump Financial Inclusion Resilience Fund (FIRF) has successfully raised USD 85 million, further strengthening its mission to enhance financial resilience and inclusion in emerging markets. FIRF was launched in 2022, with initial commitments from the Dutch Good Growth Fund (DGGF), ASN Microkredietfonds, and the United States Development Finance Corporation (DFC) reaching a first close of USD 72 million.
In November 2024, FIRF secured a USD 4 million investment from the Visa Foundation, underscoring a shared commitment to fostering financial inclusion and resilience in underserved communities. FIRF continued to expand in December 2024, attracting a mix of private institutional investors and a top up from DGGF, bringing its total fund size to USD 85 million.
FIRF provides subordinated debt to financial intermediaries that serve micro, small, and medium-sized enterprises (MSMEs) and low-income borrowers. By strengthening the solvency of these financial institutions, FIRF enables them to expand lending to underserved populations, supporting economic growth and stability.
For example, FIRF’s investment into Baobab Senegal—a microfinance institution supporting local entrepreneurs with accessible microcredit—helps fuel community growth. FIRF’s sub-debt facility will bolster Baobab Senegal’s resilience and capital position, providing a solid foundation for sustained growth and the continuation of these projects.
With these substantial contributions, FIRF is better equipped to continue its work in strengthening financial ecosystems and advancing responsible financial services in emerging markets. As we persist in our mission, we remain committed to promoting financial inclusion and economic stability through our ongoing efforts.
