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Knowledge4Policy
KNOWLEDGE FOR POLICY

Supporting policy with scientific evidence

We mobilise people and resources to create, curate, make sense of and use knowledge to inform policymaking across Europe.

Projects and activities | 23 Mar 2021

Huruma Fund

Brief me

The Huruma Fund is the largest social impact fund in Spain (120 M EUR) aimed at financing smallholder farmers in underserved rural areas and the first project led by COFIDES in the framework of the EU blending. It combines European Union resources (10 M EUR in the first loss tranche ) and Spanish cooperation’s (AECID – 20 M EUR) funding (through the FONPRODE, Spain’s Development Promotion Fund) with private investor equity capital (90 M EUR). Furthermore, it includes a line for Technical Assistance, fully financed by the European Union (8 M EUR), which will help strengthen the host entities and enhance the fund’s potential impact.