Microfinance Funds Universe > Commercial Funds > ANF – ASN-NOVIB Fonds
Key features
- Country of incorporation:
- Year founded: 1998
- Legal Status: Mutual Fund
- Fund Assets: USD 65,977,500 (EUR 50,000,000 as of 2006-12-31)
- Fund Assets Allocated to MF Investments: USD 46,184,250 (EUR 35,000,000 as of 2006-12-31)
- Number of active MF investment: 25 ( as of 2006-12-31)
- Area of Operation: Eastern Europe, Central Asia, Latin America, The
- Participant(s)/Backer(s)/Investor(s): Novib
Brief Description
The Fund is offered through partnership with Novib, founded in 1956 as a Dutch program of Oxfam International, an English non-profit organization. Novib’s total assets are not publicly available. ASN, founded in 1998, offers grants, loans, and guarantees to Micro Finance Institutions as its main lines of business. Assets under management amount to EUR 2.6 billion. Fund description on MIX states that “the ASN-Novib Fund invests in financial institutions (microfinance institutions, savings and credit co-operatives, banks and investment funds) that provide credit to small-scale entrepreneurs.”
Contact Information
P.J. Knollema, Chairman, Board of Supervision
Link on MIX Market
http://www.mixmarket.org/en/supply/supply.show.profile.asp?token=&ett=1395