BlueOrchard COVID-19 Emerging & Frontier Markets MSME Support Fund
Jobs
- Tackling the consequences of the pandemic
- A leading example of blended finance
- Aiming to support MSMEs hit by COVID-19
Our investment goals & strategy
Business
after COVID-19
Our forward-thinking debt financing initiative helps micro, small, and medium-sized enterprises (MSMEs) in emerging and frontier markets get back on their feet after the widespread business disruptions of COVID-19.
Global
outreach
Thanks to our extensive network of financial institutions across the globe, we are able to support those MSMEs which often have difficulty in accessing finance.
A force
for good
The wider aim of the fund is to continue to make progress again in areas such as women’s empowerment, poverty alleviation, and reduced inequality.
Fund characteristics
| Fund inception | December 2020 |
| Asset class | Private debt (blended finance) |
| Status | Closed |
| Liquidity | Closed-end |
| NAV frequency | Quarterly |
| Domicile and legal structure | Luxembourg, SCSp SICAV-RAIF |
| SFDR classification | Article 9 |
| External AIFM | BlueOrchard Asset Management (Luxembourg) S.A. |
| Investment manager | BlueOrchard Finance Ltd |
| Depositary | Banque de Luxembourg |
| Administrator | European Fund Administration S.A. |
| Technical assistance | The donor is the Swiss Government via the State Secretariat for Economic Affairs (SECO/DEZA) |
| Backed by | British International Investment FSD Africa IDB Invest Japan International Cooperation Agency (JICA) U.S. International Development Finance Corporation (DFC) Visa Foundation Schroders Plc KfW Entwicklungsbank |
SDGs addressed
Core SDGs
Aligned SDGs
Core SDGs: Core SDGs are those that address the impact intent and/or sustainability investment objective of a given fund.
Aligned SDGs: Aligned SDGs are those that the fund’s investees promote through responsible ESG management practices.
Impact KPIs
SFDR Pre-contractual Disclosure - COVID AA
SFDR Pre-contractual Disclosure - COVID GI
SFDR Website Disclosure (article 10) - COVID AA
SFDR Website Disclosure (article 10) - COVID GI
SFDR Periodic Disclosure - COVID AA
SFDR Periodic Disclosure - COVID GI
Statement on Principal Adverse Impacts of Investment Decisions on Sustainability Factors - COVID AA
Statement on Principal Adverse Impacts of Investment Decisions on Sustainability Factors - COVID GI
Contact
Positive impact in unprecedented times
How the Georgian Credo Bank is supporting its clients during the COVID-19 pandemicMeasures to contain the COVID-19 pandemic had a strong impact on many economies, particularly on MSMEs, which are the backbone of the economy. Georgian Credo Bank is one of BlueOrchard’s investees that has been able to continue providing MSMEs and farmers with uninterrupted access to finance during the pandemic. For example, the bank granted payment deferrals to its clients to help them cope with the crisis. One of its clients, Valiko Sukhashvili, a poultry farmer with about 30 employees, was able to buy additional poultry and continue his business with the help of a GEL 30,000 (USD 11,000) loan from Credo.