We're still in the early stages, but FinDev has been created. It's up and running in Montreal. The CEO has been hired, as well as the closest team around Mr. Lamontagne.
We financed the first project earlier this year, which is M-KOPA. I'll say the exact name of the project. It's a Kenyan pay-as-you-go energy provider to off-grid homes that connects more than half a million households on solar energy. It's really a project that meets two of our top priorities, one being contributing to women's economic empowerment, and the other being considering climate change and new, green technologies. This is the first one we have supported through the DFI. It's an investment of $10 million.
It's also worth noting that this company employs 800 people in Kenya, 52% of whom are women, in addition to the benefits that will be brought to the community that will get solar energy through the project.