Category: Investment Funds

MICROFINANCE EVENT: Global Impact Investing Network (GIIN) Investor Forum, December 7-8, 2016, Amsterdam, the Netherlands

Event Name: Global Impact Investing Network (GIIN) Investor Forum 2016

Event Date: December 7 – December 8, 2016

Event Location: NH Collection Grand Hotel Krasnapolsky, Dam 9 1012 JS, Amsterdam, the Netherlands Continue reading

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MICROCAPITAL BRIEF: BlueOrchard Launches $120m Japan ASEAN Women Empowerment Fund to Invest in Southeast Asian Microfinance Institutions

BlueOrchard Finance, a Switzerland-based commercial manager of “impact” investments, recently announced the launch of its Japan Association of Southeast Asian Nations (ASEAN) Women Empowerment Fund, which plans to invest USD 120 million in microfinance institutions (MFIs) focused on lending to female micro- and small-scale entrepreneurs in ASEAN countries. Continue reading

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MICROFINANCE PUBLICATION ROUND-UP: Role of Impact Investing in Achieving UN Sustainable Development Goals; Microfinance Investment Vehicle Survey; Lessons from Tanzania’s Digitization Efforts

“Achieving The Sustainable Development Goals: The Role of Impact Investing;” published by The Global Impact Investing Network; September 12, 2016; 9 pages; available at https://thegiin.org/knowledge/publication/sdgs-impinv

This report profiles impact investors that have leveraged the United Nations (UN) Sustainable Development Goals (SDGs) for the following purposes: (1) as a framework to communicate their social impact goals; (2) to develop new or realign existing investment strategies and; (3) to attract capital from private investors that are new to impact investing. Continue reading

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MICROFINANCE EVENT: Sankalp Africa Summit, February 23-24, 2017, Kenya School of Government, Nairobi

Event Name: Sankalp Africa Summit 2017: Spurring the Entrepreneurship Economy

Event Date: February 23 – February 24, 2017

Event Location: Kenya School of Government, Lower Kabete, Nairobi City, Kenya Continue reading

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MICROCAPITAL BRIEF: Guatmemala’s Fundación Génesis Empresarial, Pakistan’s Kashf Foundation, Opportunity Bank of Uganda Named as Finalists for Education Edition of $112k European Microfinance Award

The European Microfinance Platform (e-MFP), a network of European microfinance stakeholders working in developing countries, recently announced that three finalists for the 7th European Microfinance Award have been selected from 30 applicants: (1) Fundación Génesis Empresarial of Guatemala; (2) Kashf Foundation of Pakistan; and (3) Opportunity Bank of Uganda. Continue reading

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MICROCAPITAL BRIEF: The MasterCard Foundation, Root Capital to Invest $5.2m in Early-Stage Agricultural Businesses in West Africa

Root Capital, a US-based nonprofit investment fund, and The MasterCard Foundation, a Canadian organization founded by the US-based payments firm MasterCard Worldwide, recently announced a partnership aimed at raising incomes for 300,000 smallholder farmers in West Africa. Continue reading

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MICROCAPITAL BRIEF: Australian Government, ANZ Bank, PFIP to Connect Solomon Islands’ Coconut Farmers to Mobile Banking

The Australian government; the Australia and New Zealand (ANZ) Bank, a publicly traded commercial bank; and the Pacific Financial Inclusion Program (PFIP), a Fiji-based initiative of the United Nations that attempts to extend financial services to unbanked Pacific Islanders, recently started a program with a budget of SBD 5 million (USD 650,000) to connect rural coconut oil producers, laborers, buyers and transport operators with digital finance. Continue reading

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MICROCAPITAL BRIEF: Multilateral Investment Fund Approves $4m Equity Investment in Angel Ventures Pacific Alliance Fund for SMEs in Chile, Colombia, Mexico, Peru

The Multilateral Investment Fund (MIF), a member of the US-based Inter-American Development Bank (IDB) Group, recently announced an equity investment USD 4 million in the newly-established Angel Ventures Pacific Alliance Fund (AVPAF), a Mexico-based venture capital fund targeting “start-up” and “scale-up” businesses in Chile, Colombia, Mexico and Peru. Continue reading

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MICROCAPITAL BRIEF: Dual Return Funds Managed by C-Quadrat Loan $17m to Microfinance Institutions (MFIs) in India, Kenya, Namibia, Nicaragua, Peru, Romania, Including $3m for Education Lending

Austria-based C-Quadrat Asset Management recently issued loans worth the equivalent of USD 17 million to unspecified microfinance institutions (MFIs) in India, Kenya, Namibia, Nicaragua, Peru and Romania. Continue reading

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MICROCAPITAL BRIEF: Maj Invest Raising Additional $25m for Financial Inclusion Fund II for Microfinance in Bolivia, Colombia, Ecuador, Peru

Maj Invest Group, a Denmark-based asset management and private equity firm, recently announced plans to grow its Maj Invest Financial Inclusion Fund II by USD 25 million to invest in Bolivia, Colombia, Ecuador and Peru. Continue reading

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MICROCAPITAL BRIEF: India’s Nandan Nilekani, Ratan Tata, Vijay Kelkar, R.Venkataramanan Announce the Start of New Microfinance Company, Avanti Finance

Nandan Nilekani, Co-founder of Infosys Limited; Ratan Tata, Chairman Emeritus of Tata Sons; Vijay Kelkar, Chairman of India’s National Institute of Public Finance and Policy; and R. Venkataramanan, Managing Trustee of the Sir Dorabji Tata Trust, recently announced the launch of Avanti Finance, “a technology enabled financial inclusion vehicle.” Continue reading

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MICROCAPITAL BRIEF: Rwanda’s New Faces New Voices Raising $20m for Women’s Microfinance Fund, 25% From Selling Shares to Members

New Faces New Voices (NFNV), a group of advocates from 15 African countries focusing on expanding financial inclusion for women, recently announced plans to raise RWF 16 billion (USD 20 million) for a fund to expand women’s access to finance. Continue reading

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MICROCAPITAL BRIEF: Netherlands’ FMO Appoints Jürgen Rigterink as CEO

Nederlandse Financierings-Maatschappij voor Ontwikkelingslanden (FMO), a Dutch development bank, recently announced that Jürgen Rigterink will take over as its Chief Executive Officer (CEO) as of October 2016, pending approval by the Dutch central bank. Continue reading

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MICROCAPITAL BRIEF: European Fund for Southeast Europe (EFSE) Announces $1.7m Senior Loan to Kreditimi Rural I Kosoves (KRK) for Microfinance in Rural Kosovo

The European Fund for Southeast Europe (EFSE), a Luxembourg-based investment fund focused on fostering economic growth in 16 Central Asian and Southeast European countries, recently issued a senior loan in the amount of EUR 1.5 million (USD 1.7 million) to Kreditimi Rural I Kosoves (KRK), a Kosovo-based microfinance institution (MFI) that specializes in “agri-lending” to micro- and small enterprises (MSEs). Continue reading

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MICROCAPITAL BRIEF: European Bank for Reconstruction and Development (EBRD) Loaning up to $2m to Arvand of Tajikistan for On-lending to Micro- and Small Enterprises (MSEs)

The European Bank for Reconstruction and Development (EBRD), a UK-based multilateral institution, recently agreed to provide loan funds of up to TJS 15.7 million (USD 2 million) to Arvand, a Tajikistan-based microfinance institution (MFI), for on-lending to local micro- and small enterprises (MSEs). Continue reading

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MICROCAPITAL BRIEF: Asian Development Bank (ADB) Announces $50m Credit Facility to China Foundation for Poverty Alleviation for Microfinance in Rural PRC

The Asian Development Bank (ADB), a 67-member development finance institution headquartered in the Philippines, recently issued a credit facility of USD 50 million to CFPA Microfinance Management Company Limited, an investment vehicle of the NGO China Foundation for Poverty Alleviation (CFPA), to support rural microfinance in the People’s Republic of China (PRC).  Continue reading

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MICROCAPITAL BRIEF: FMO, Bladex Co-Arrange $100m Loan for Banco Continental Paraguay, including $47m for On-Lending to Small, Medium-Sized Enterprises

Nederlandse Financierings-Maatschappij voor Ontwikkelingslanden (FMO), a Dutch development bank, recently announced that it has closed a USD 100 million syndicated A/B loan for Banco Continental SAECA, a commercial bank operating in Paraguay. Continue reading

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MICROCAPITAL BRIEF: Bill & Melinda Gates Foundation to Invest $80m in Acquiring Data on Progress, Barriers to Success of Women, Girls

The Bill & Melinda Gates Foundation, a nonprofit organization based in the United States, recently announced that it will commit USD 80 million over three years to improve the availability and reliability of data on women and girls including: (i) how much time they spend on unpaid work; (ii) information on the efficacy of programs and other interventions; and (iii) how successful political leaders are in supporting gender equality. Continue reading

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