According to the bank website, "FMO intends to commit to the Fund at First Close to support its fund raising and allow it to reach its target size of USD 150mln. The Fund will implement a strategy of supporting financial inclusion and nurturing affordable basic services in India. The Fund targets investments in several key sectors for FMO and its strategy is built around financial inclusion and providing affordable services to lower income customers (supporting SDGs 8-10). Lok Capital has achieved a strong track-record and shown a strong commitment to impact investing with its previous funds."
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No project-specific contact information available at time of writing.
ACCOUNTABILITY MECHANISM OF FMO
Communities who believe they will be negatively affected by a project funded by the Dutch Development Bank (FMO) may be able to file a complaint with the Independent Complaints Mechanism, which is the joint independent accountability mechanism of the Dutch Development Bank (FMO) and the German Investment Corporation (KfW) . A complaint can be filed in writing, by email, post, or online. The complaint can be filed in English or any other language of the complainant. The Independent Complaints Mechanism is comprised of a three-member Independent Expert Panel and it can provide either problem-solving, compliance review or both, in either order. Additional information about this accountability mechanism, including a guide and template for filing a complaint, can be found at: https://www.fmo.nl/independent-complaints-mechanism