LOCFUND is focused on institutions with limited access to funding, have lesser possibilities to optimize their financing structure and are therefore, more exposed to possible devaluations of their local currencies.

These smaller size MFIs can be:

• non profit organizations (NGO),
• cooperatives,
• limited liability credit companies,
• regulated microcredit institutions,
• institutions that are in the process of transforming their microcredit programs into regulated microfinance companies.

LOCFUND’s local currency financing will allow these institutions to improve the management of exchange risk and increase their present financial products. In this manner they will be able to satisfy their clients better.