Sales and exits
As a highlight, MASSIF successfully exited LOLC, a microfinance institution founded in 2008 with early support from FMO that has grown to be the largest MFI in Sri Lanka. MASSIF sold its interests as part of the company’s IPO. Following sound and stable performance in combination with a shifted approach of MASSIF towards Bosnia & Herzegovina, client Mikrofin LLC Banja Luka was transferred to FMO. The transfer was made in accordance with the transfer policy which was agreed with the Government.