MICROCAPITAL BRIEF: Triple Jump Opens Office in Mexico, Surpasses $300m in Microfinance Investments, Celebrates Five-Year Anniversary

Triple Jump, a Netherlands-based advisory service and manager of three microfinance investment vehicles (MIVs), recently announced plans to open an office in Mexico City, Mexico, to serve the region of Central America and the Caribbean. Triple Jump also has offices in Lima, Peru, and Amsterdam, Netherlands. Triple Jump recently published results as of March 31, 2011, indicating current investments of EUR 211 million (approximately USD 300 million) in 152 microfinance institutions (MFIs) on five continents [1].

On June 8, 2010, Triple Jump celebrated its fifth anniversary with an international conference on microfinance, held at The Royal Tropical Institute in Amsterdam. The conference was attended by 250 participants who took part in debates and discussions on the future of the sector and the role of investors. To commemorate the occasion, several investment officers collaborated on a microfinance-themed photo book, entitled “Small Loans Big Passion; Photo Stories: Microfinance From the Inside,” which was presented to Her Royal Highness Princess Máxima of the Netherlands, United Nations’ Secretary-General’s Special Advocate for Inclusive Finance for Development. A short film about the conference can be seen at http://www.triplejump.eu/page/Films/2967/ [2].

The MIVs Triple Jump manages are the Oxfam Novib Fund, ASN-Novib Fund and SNS Institutional Microfinance Fund (SNS IM Fund)

By Rohan Trivedi, Research Associate

About Triple Jump:
Triple Jump was founded in 2006 to support the expansion of microfinance institutions (MFIs) by providing capital and advisory services. As of March 2011, Triple Jump manages three microfinance investment funds (MIVs) and advises two MIVs, worth a total of approximately USD 300 million. Its investments span 152 MFIs in emerging markets in Latin America, Eastern Europe, Africa and Asia. Triple Jump was established by the NOTS Foundation, a Dutch development organization; Oxfam Novib, a Dutch organization for international cooperation and development; and ASN Bank, a “sustainability-driven” Dutch bank. Its shares are divided among these organizations and Triple Jump’s management team. Triple Jump is comprised of Triple Jump Fund Management (TJFM) and Triple Jump Advisory Services Foundation (TJAS). TJFM provides its clients with four investment options: hard and local currency loans, equity, guarantees and subordinated loans. TJAS is a nongovernmental organization (NGO) that provides consulting services and technical assistance to tier-3 and tier-4 MFIs. The MIVs Triple Jump manages are the Oxfam Novib Fund, ASN-Novib Fund and SNS Institutional Microfinance Fund (SNS IM Fund).

Sources and Additional Resources:

[1] Triple Jump Newsletter Q1 2011, http://www.triplejump.eu/newsletter/Newsletter%20Triple%20Jump%20Q1%202011/2906/

[2] Information submitted by Triple Jump to MicroCapital, June 2011

MicroCapital Universe Profile: Triple Jump, https://www.microcapital.org/microfinanceuniverse/tiki-index.php?page=Triple+Jump

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