FMO's mission is to stimulate, enable and support the growth of the private sector in developing markets. We believe a thriving private sector will lead to lasting economic and social development. We want to finance change by empowering people to use their skills to improve their quality of life. We therefore push boundaries through continuous innovation in development finance. With our global partner network we provide capital, knowledge and partnerships to ambitious entrepreneurs and institutions working in finance, energy, housing and other sectors, so that current and future generations in emerging markets will benefit.
Committed portfolio per income group
(rated on date of commitment, incl. government funds)
2010 1)
2009 1)
2008
€ mln
%
Low income
2,233
42
1,834
40
1,536
37
Lower-middle income
2,135
2,012
44
1,896
45
Upper-middle income
924
18
752
16
750
Total
5,292
100
4,598
4,182
1) The 2009 and 2010 figures are based on the World Bank country list definitions, as per January 1, 2008, for low, lower-middle and upper-middle income countries.