Overview:
The ShoreCap International (SCI) is a microfinance investment vehicle, which mobilizes capital for microfinance institutions (MFIs). Continue Reading »

Overview:
The Sequoia Capital is a venture capital fund that allocates part of its portfolio to microfinance investments. Continue Reading »

Overview:
The responsAbility Base Of the Pyramid (BOP) Fund makes equity investments microfinance institutions and other businesses in developing countries. Continue Reading »

Overview:
The Seed Capital Development Fund (SCDF) provides financing to microfinance institutions (MFIs) and microfinance-related projects. Continue Reading »

Overview:
The responsAbility Mikrofinanz-Fonds is a microfinance investment vehicle, which mobilizes capital for microfinance institutions (MFIs). Continue Reading »

Overview:
ResponsAbility Microfinance Leaders (rAML) is a microfinance investment vehicle that mobilizes capital for microfinance institutions (MFIs). Continue Reading »

The Andean Development Corporation (CAF), a multilateral financial institution, has approved a USD 400,000 investment in the Investment Corporation for Microfinance in Central America and the Caribbean (SICSA), a microfinance fund that aims to improve the “institutional capacity” of microfinance institutions (MFIs) [1]. Continue Reading »

The following microfinance funds are outlined in this brief: Continue Reading »

The following microfinance funds are detailed in this brief: Continue Reading »

Grupo Fortaleza, a Bolivian financial services company that caters to small and medium enterprises (SMEs), has placed a BOB 125 million (USD 17.9 million) closed-end fund on the Bolivian stock exchange (Bolsa Boliviana de Valores) with the purpose of financing small microfinance institutions (MFIs). Continue Reading »

Luxembourg Fund Labelling Agency (LuxFLAG), an organization that certifies whether microfinance investment vehicles (MIVs) actually invest in microfinance, recently carried out a study of the MIVs it has labeled (as investing in microfinance) to determine how they have been impacted by the recent financial downturn. Continue Reading »

The following funds are detailed in this brief:
Luxembourg Microbanking Intermediary Scheme Appui au Developpement Autonome (Luxmint ADA)
http://www.microcapital.org/microfinanceuniverse/tiki-index.php?page=Luxembourg+Microbanking+Intermediary+Scheme+Appui+au+Developpement+Autonome+%28Luxmint+ADA%29

Microcred Group
http://www.microcapital.org/microfinanceuniverse/tiki-index.php?page=MicroCred

MicroCredit Enterprises
http://www.microcapital.org/microfinanceuniverse/tiki-index.php?page=MicroCredit+Enterprises

CRS CORDAID Microfinance Alliance Fund
http://www.microcapital.org/microfinanceuniverse/tiki-index.php?page=CRS+CORDAID+Microfinance+Alliance+Fund Continue Reading »

As part of its Opportunities for the Majority initiative, the Inter-American Development Bank (IDB) will provide USD 10 million to Mibanco, a Peruvian microfinance institution with a gross loan portfolio equivalent to USD 781 million, according to the MIX Market, the microfinance information clearinghouse. The loan is expected to help Mibanco launch a financial product called Crecer Mi Negocio (To Grow My Business), which will provide women entrepreneurs with medium term investment loans averaging USD 2,000 to USD 3,000. Continue Reading »

Eton Park Capital Management and Financiera Independencia (FI), a Mexican microfinance institution (MFI), have signed an agreement by which Eton Park will subscribe for 70 million shares of FI for MXN 700 million (USD 54.5 million). Continue Reading »

The Inter-American Development Bank (IDB), which provides multilateral financing in Latin America and the Caribbean, will provide a USD 5 million loan to a fund that is managed by Global Partnerships, a non-governmental organization (NGO) that supports microfinance institutions (MFIs) in Latin America [1,2,3]. The fund, which totals USD 25 million, will be used to invest in 20 MFIs in at least 12 countries [1]. The other USD 20 million will be provided by other, unspecified private institutions and investors [1]. In turn, the MFIs will lend to microentrepreneurs, mostly in the Central American and Andean regions [1]. Additionally, the MFIs will use the investments to provide the microentrepreneurs with technical assistance, “innovative technologies in areas such as loan management, insurance, evaluation and foreign currency hedging,” and social services such as protection of health [1]. Continue Reading »

The following microfinance investment funds are profiled in this brief:

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In a recent interview with Tufts Daily, the student newspaper of Massachusetts’ Tufts University, Omidyar-Tufts Microfinance Fund Director Tryfan Evans said that the fund will be announcing a positive return for 2009 after final audits are complete. The fund was founded in 2005 with a gift of USD 100 million to Tufts University from Pierre and Pam Omidyar, founders of Omidyar Network, a “philanthropic investment firm.”

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