The Microfinance Enhancement Facility (MEF) has announced €40 million of additional first loss capital provided by KfW (the German Development Bank), acting on behalf of the German Federal Ministry of Economic Cooperation and Development (BMZ), paid in on 28 December 2020. These resources will strengthen the MEF’s capital structure and increase protection to senior investors from the potential financial impact of loan losses. They will also increase the fund’s potential to leverage addi...