Review on FMO by Özgün A
A project that attaches importance to entrepreneurs and has a social responsibility
FMO is a Netherlands-based support and funding banking system. It is a bank supported by the central bank of the Netherlands. Provides worldwide support services.
The features of FMO are as follows;
1) Supporting entrepreneurs
2) Encouraging the entrepreneurs and ensuring the continuation of their projects
3) Funding entrepreneurs.
FMO is a banking that funds over the internet. If you have a project, you must fill out the application form on the FMO website. If your form is approved, they'll have an online interview with you. In this meeting, you tell them about your project and give the details. If they find your project suitable, they will provide you with funding. Some of the areas in which FMO has invested are;
+ Energy: Long-term green energy that keeps carbon emissions at the lowest level
+ Financial Institutions: Distributing finance more equitably across societies and making it accessible to all
+ Agriculture, Food and Water: Funding that creates value at all stages of production, sustainability and access to food
FMO provides support and consultancy services in more than 85 countries. they support income generating businesses. They have given a large number of support to projects produced for problems related to poverty in Africa.
Pros
- Supports and encourages entrepreneurship
- Tries to fix social problems by funding
- They are very active on social media, you can ask them your questions and problems
- They constantly create new opportunities and markets
Cons
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