ACCION Global Bridge Fund (GBF)


Overview (14 word limit)

The Accion Global Bridge Fund (GBF) is a loan guarantee fund for microfinance institutions.

Description (140 word limit)

The Accion Global Bridge Fund aims to contribute to the global expansion of microfinance institutions (MFIs), which are retail micro-lenders, worldwide through loan guarantees. The GBF guarantees lines of credit and loans as well as fixed-income instruments issued by MFIs. The GBF works with ACCION’s partner and affiliate programs as well as other MFIs outside its network.

Microfinance Information Exchange (MIX) Profile (Indicate if organization does NOT report to MIX)

http://www.mixmarket.org/funders/accion-global-bridge-fund(external link)

Organization's Website

http://www.accion.org/Page.aspx?pid=844(external link)

Just the Facts (14 word limit per line)

➢ Country of Incorporation: United States
➢ Year Founded: 2005
➢ Legal Status: 501 (c) 3 not-for profit
➢ Fund Assets (as of day/month/year): USD 2.89 million (as of 30/June/06)
➢ Minimum loan loss reserve: 10%
➢ Area of Operation: Global
➢ Participant(s)/Backer(s)/Investor(s): ACCION International – Parent Company
➢ Instruments: Guarantees
➢ Fund Currency: USD
➢ Investment Horizon: from 18 months to 60 months
➢ Minimum Note Denomination: USD 2000

Contact Information

Pablo F. Rieckhof
ACCION International
1401 New York Avenue, NW
Suite 500
Washington, DC 20005 USA
Tel: (202) 393-5113 x1636

Additional Resources

ACCION Global Bridge Fund Extends $1 Million Loan Guarantee for Fundusz Mikro (September 2006)
http://microcapitalmonitor.com/cblog/index.php?/archives/351-ACCION-Global-Bridge-Fund-Extends-1-Million-Loan-Guarantee-for-Fundusz-Mikro.html(external link)

ACCION Global Bridge Fund Fact Sheet
http://www.aspenscale.org/boston/1pager/accion-GBF.pdf(external link)

ACCION Global Bridge Fund Places First Microfinance Loan Guarantees in Europe & Asia (August 2006)
http://www.microfinancegateway.org/p/site/m/template.rc/1.26.7776/(external link)

Briding the Gap: ACCION’s Experience with Guarantee Funds for Microfinance Institutions (September 2005)
http://www.ruralfinance.org/servlet/BinaryDownloaderServlet?filename=1126861983099_Bridging_the_Finance_Gap_ACCION_s_expe697971726.pdf(external link)

Page last modified on Wednesday 18 of November, 2009 23:13:14 MST