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Triple Jump Receives EIB Financial Inclusion Grant to Support Oxfam Novib Investees’ Climate Resilience in Sub-Saharan Africa
Triple Jump is excited to announce that the company has received a grant through the Financial Inclusion Fund (FIF), managed by the European Investment Bank (EIB). To date the Grand Duchy of Luxembourg is the sole contributor to the Financial Inclusion Fund. The grant will support up to eight microfinance institutions based in Sub-Saharan Africa from the Oxfam Novib Fund (ONF) portfolio.
Established by EIB and the Grand Duchy of Luxembourg, FIF aims to provide financial resources to help financial institutions in developing countries to increase the loans given to microenterprises and other small businesses, particularly those run by marginalized groups such as women or young people in rural communities.
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