Category: Investment Funds

MICROCAPITAL BRIEF: Mongolia: International Finance Corporation (IFC) Capitalization Fund Invests $40m in Microfinance Institution XacBank

The International Finance Corporation (IFC) Capitalization Fund, a fund managed by the private-investment arm of the World Bank Group, recently announced it will invest a total of USD 40 million in XacBank, a Mongolian community development microfinance institution (MFI) [1]. Continue reading

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MICROCAPITAL BRIEF: Accion to Launch $60m Frontier Investment Fund, Invest in Indian Microfinance, Other Ventures

Frontier Investments Group, an investment vehicle of US-based nonprofit Accion, recently announced plans to launch the Frontier Investment Fund, which reportedly will have a pool of between USD 60 million and USD 75 million and focus on emerging economies, especially India. Continue reading

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MICROFINANCE PUBLICATION ROUND-UP: Financial Service Needs in Mexico; Evaluation of an Insurance Education Radio Campaign in Kenya; Self-Assessment of Governance

“A Structured Approach to Understanding the Financial Service Needs of the Poor in Mexico;” by Xavier Faz and Paul Breloff; published by CGAP (Consultative Group to Assist the Poor); May 2012; 4 pages; available at: http://www.cgap.org/gm/document-1.9.57615/Brief_MexicoSegmentation.pdf Continue reading

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MICROCAPITAL BRIEF: Regional MSME Investment Fund for Sub-Saharan Africa (REGMIFA) Celebrates 2nd Anniversary, Reports Positive Financials for 2011

The Regional Micro-, Small and Medium Sized Enterprise Investment Fund for Sub-Saharan Africa (REGMIFA) SA, a Luxembourg-based investment fund that focuses on supporting micro-, small and medium-sized enterprises (MSMEs) in the region, recently celebrated its second anniversary by presenting a summary of 2011 achievements along with an overview of its goals for 2012. Continue reading

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MICROCAPITAL BRIEF: Advans Incorporates Advans Pakistan Microfinance Bank, La Fayette Microfinance Bank of Nigeria

Advans SA, a microfinance investment vehicle that mobilizes funds for microfinance institutions (MFIs), recently announced the incorporation of the Advans Pakistan Microfinance Bank in the Republic of Pakistan and the La Fayette Microfinance Bank in Nigeria. Continue reading

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MICROCAPITAL BRIEF: International Finance Corporation, BNP Paribas to Loan $25m to Vietnam’s Orient Commercial Joint Stock Bank for Small and Medium-sized Enterprises, Women-owned Businesses

The International Finance Corporation (IFC), the private-investment arm of the World Bank Group, has agreed to provide a syndicated loan of USD 25 million toVietnam’s Orient Commercial Joint Stock Bank to expand financing to small and medium-sized enterprises (SMEs) and women-owned businesses. Continue reading

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MICROCAPITAL BRIEF: responsAbility Lends $6.9m to Latin American Microfinance Companies Crecer, Fundacion Mundo Mujer Popayan

Switzerland’s responsAbility Social Investments AG recently reported to MicroCapital that it has made investments equivalent to USD 6.9 million in Bolivian microfinance institution (MFI) Crecer and Colombian MFI Fundacion Mundo Mujer (FMM) Popayan. Continue reading

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MICROFINANCE EVENT: European Marketing Research Center (EMRC) Presents “African Finance & Investment Forum 2012: Financial Inclusion through SMEs & Cooperatives”, June 17 – 19, 2012, Utrecht and Floriade – Venlo, Netherlands

Event Name: African Finance & Investment Forum 2012: Financial Inclusion through SMEs & Cooperatives

Event Date: June 17 – June 19, 2012

Event Location: Rabobank Headquarters, Utrecht and Floriade – Venlo, Netherlands Continue reading

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MICROCAPITAL BRIEF: South Korea Donates $1m to International Finance Corporation (IFC) to Support Small and Medium-sized Enterprises

The Korean Ministry of Strategy and Finance (MOSF) has signed an agreement with the International Finance Corporation (IFC), the private-investment arm of the World Bank Group, to provide USD 1 million to support programs for small and medium-sized enterprises (SMEs) in emerging markets. Continue reading

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MICROCAPITAL BRIEF: Luxembourg Fund Labeling Agency (LuxFLAG) Certifies Fonds Européen de Financement Solidaire (FEFISOL) with “Microfinance Label”

Fonds Européen de Financement Solidaire (FEFISOL), a for-profit investment fund registered in Luxembourg, has obtained the “Microfinance Label” from the Luxembourg Fund Labeling Agency (LuxFLAG), a microfinance investment vehicle (MIV) certification organization. Continue reading

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MICROCAPITAL BRIEF: International Finance Corporation (IFC) Lends $16m to Agricover Credit to Increase Funds for Farmers in Romania

The International Finance Corporation (IFC), the private-investment arm of the World Bank Group, has provided a loan of EUR 12.5 million (USD 16.5 million) to agriculture-based financial institution Agricover Credit IFN to increase lending to farmers in Romania and promote modernization in the industry. Continue reading

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