Annual and interim reports

Our business model

Since 1970, FMO has made a positive difference in developing countries by empowering entrepreneurs to build a better world.

Value creation process

Our value creation starts with human, intellectual, financial, social and relationship capitals, known as ‘inputs’:

Potential risks and opportunities

FMO has identified several potential risks and opportunities linked to its value creation model, in the context of external developments, as follows: 

Read more ›Potential risks and opportunities

Our investment process

Before we invest and during the investment period, we carefully research the financing opportunity and assess its impact on the environment, employees and workers, communities and other stakeholders.

Know Your Customer

FMO plays an important role as gatekeeper to help prevent financial economic crime (FEC) and preserve the integrity and reputation of the financial system. We implement high standards and best practices which continue to develop over time.

Impact of COVID-19 on our investment process

During the COVID-19 pandemic, FMO has increased the financial and non-financial support to its existing customers to help them withstand the economic impact of the pandemic.

Read more ›Impact of COVID-19 on our investment process

Environmental, social and governance standards

Environmental, social, human rights and governance standards are an integral part of FMO’s investment process. Our ESG standards serve several purposes.

Read more ›Environmental, social and governance standards

How we apply ESG standards in our investment process

In the following overview, we explain the different stages in our investment process, pre-COVID-19, and how ESG is integrated into that process. By means of examples, we show how this works in practice.

Read more ›How we apply ESG standards in our investment process

Lessons learned through evaluation

FMO undertakes evaluations to assess the impact of its investments and to learn from that experience. Evaluations help us be more effective in achieving our mission and develop a continuous learning culture.

Read more ›Lessons learned through evaluation

Our strategy

We believe in a world in which, in 2050, more than 9 billion people live well and within the means of the planet’s resources. To achieve this, we need to overcome the global challenges highlighted by the 17 UN Sustainable Development Goals.