Finnfund’s investments promote the status of women in the developing countries – Ministry for Foreign Affairs

Emprendedora Ecuatoriana Oportunidades De Negocios Con Finland Y Europa Norte
Emprendedora Ecuatoriana Oportunidades de Negocios con Finland y Europa Norte

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Finnfund’s investments promote the status of women in the developing countries

Microloans that increase women’s income and strengthen their financial independence. Better food security through financing targeted at smallholder farmers. Companies where half of the management are women. Finnfund, a government-owned development financier, has invested recently in companies of this kind in developing countries. The key aim is not only profitability, but to also promote equality.

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Impact investment has become an increasingly important form of investment in the world and is growing at a quick pace. Finnfund’s impact investments are one channel for Finland’s development cooperation appropriations.

Improving the position of girls and women is a priority in Finland’s development policy and also one of the key goals of Finnfund’s investments.

In 2019, the Ministry for Foreign Affairs granted Finnfund a EUR 105 million loan as a development policy investment to be invested in projects that promote equality in 2019–2021. During one and a half years, Finnfund has already tied more than EUR 120 million to targets that strengthen the financial independence of women in developing countries or provide important services for girls and women. The goal set for the government loan was achieved ahead of time.

Ville Skinnari, for Development Cooperation and Foreign Trade, considers investment in equality and companies in the developing countries important.

”Investing in girls and women is always wise and useful because gender equality is the precondition for sustainable development in society. It is especially important now as the coronavirus pandemic especially hits women-dominated sectors in the developing countries. Promoting gender equality through business investments is also an internationally growing phenomenon, and Finland is strongly involved in it,” Skinnari says.

Women in the management and as customers
— Read on um.fi/current-affairs/-/asset_publisher/gc654PySnjTX/content/finnfundin-sijoitukset-edist-c3-a4v-c3-a4t-naisten-asemaa-kehitysmaissa

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Eco. Lassi Pensikkala Creator Of Amerexperience.com
Eco. Lassi Pensikkala Creator of AmerExperience.com

Eco. Lassi Pensikkala
Founder of Amer Experience
AmerExperience.com | Created at The Pacific Coast of Americas

Studied Economy, Psychology, and Sociology at the University of Hamburg Germany. Speaks English, German, Spanish, Swedish, and Finnish


By MSc(Econ) Lassi Pensikkala - International Travel and Business Expert

Lassi Pensikkala is the creator of AmerExperience.com. He writes regularly providing thought leadership on topics related to Travel, Golf, Business, Health, and Lifestyle. You can follow him on Twitter @amerexperience or connect on Linkedin. You can read his business and travel magazines on Flipboard @amerexperience Expertise: International Travel And Business Expert Creator of AmerExperience.com - Education: Studied International Business in Business School of Turku Finland, and Economy, Psychology and Sociology at the University of Hamburg graduated as MSc(Econ) - Language skills: Multilingual - English, German, Spanish, Swedish and Finnish - Life philosophy: 1959 and the 60’s were the golden times of Rock’n Roll, student movements, and first flight to moon. The nordic people were free to travel in the Scandinavian countries including Finland. No passports or travel documents were needed. The freedom still today is the most important for the Scandinavians from that epoch. Freedom is to travel, learn to know new countries and other languages, and meet different people and cultures. He wishes the new generations would have the same possibilities experiencing all that what makes you feel free, and building a strong personality. -

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