For some loans we specify that the client has to use the proceeds of the loan for a specific purpose - for example to on-lend to a specific category of borrowers for example SMEs or women. Since FMO's loan size cannot exceed 10% of the total assets of a borrower (for Financial Institutions), we are never the only provider of funds to a client. Clients also get funding from the local market (loans and bonds), from other lenders like FMO and in many cases they also get deposits from the local market. Since money is fungible, we cannot distinguish the amount that we lent to a borrower from amounts that it gets from all these other sources. It is therefore impossible to verify exactly how our money is used. If we specify that a borrower has to use our funds for example to lend to SMEs, we do receive reports on the portfolio composition and development, but for the reasons mentioned above there is no real way to ensure that our loan is used for the purpose that we specify in the contract if the overall business of the FI completely changes over the lifetime of the loan.