FIT - Financing Innovation ToolThe Financing Innovation Tool (FIT) is a joint initiative by ADA asbl and the Ministry of Foreign and European Affairs of Luxembourg, dedicated to financing innovation in sustainable financial inclusion. It builds a bridge between a grant for a development project and an impact investment.
With flexible, patient capital, FIT supports organisations that stimulate independent economic activities, foster a spirit of innovative, social entrepreneurship and create sustainable employment opportunities in developing countries.
As a Société d’Impact Sociétal (SIS) registered in Luxembourg, FIT commits 100% of its capital to generating social and environmental impact, fully reinvesting its profits to maximize donor effectiveness and create a perpetual mechanism for positive change in emerging markets.
