The Last Mile Finance Trust Fund (LMF- TF) was launched in June 2016, with the generous support of its anchor donor, the Swedish International Development Cooperation Agency (Sida). The LMF-TF was created as a flexible funding vehicle to pool lightly earmarked resources from various donors towards thematic priorities. The Fund was also intended to serve as a platform to test new models, innovate solutions, de-risk investments, and catalyze follow-on financing to help achieve the SDGs in the world’s Least Developed Countries, the LDCs.
Today, the LMF-TF features six full years of impactful results spanning a variety of development themes, a donor pool that has grown to nine partners, and a growth curve from its original US$ 2.2 million disbursement to exceed US$ 80 million.