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The Partnership Fund: a source of capital to finance institutions or funds specializing in the financial sector of the social economy of countries in economic development or transition.
Main objectives:
- Strengthen cooperative, mutual or social economy institutions in countries in economic development or transition
- Provide financial leverage for these institutions and for investment funds aimed at these markets by obtaining financing from other sources
- Improve access to financial services and the quality of life of local communities
- Contribute to improving the governance of financial institutions.
Types of commitment:
- A capital investment in the form of ordinary or privileged shares, options, shares in limited partnerships or cooperatives
- Financing in the form of loans or debentures
- An investment horizon of three to ten years
- A capital injection or a loan ranging from CAN $250,000 to 750,000
- Minority participation in the share capital of 10% to 40%.
Criteria:
- Have a recognized legal status
- Not listed on a stock exchange
- Not a project with a predetermined duration.
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