ACCION Latin America Bridge Fund (LABF)

Overview (14 word limit)

The ACCION Latin American Bridge Fund (LABF) provides guarantees to local banks in order to secure loan capital for microfinance institutions (MFIs).

Description (140 word limit)

The ACCION Latin American Bridge Fund (LABF) is a guarantee fund for microfinance institutions (MFIs) that was created by ACCION International in 1984. The Fund provides guarantees, primarily to local banks, so that ACCION’s partner institutions can secure loan capital. The Fund provides guarantees to MFIs located in Latin America and the Caribbean.

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

http://www.mixmarket.org/funders/labf

Organization's Website

http://www.accion.org/Page.aspx?pid=843

Just the Facts (14 word limit per line)

➢ Country of Incorporation: United States
➢ Year Founded: 1984
➢ Legal Status:
➢ Fund Assets (as of day/month/year): USD 8.1 million (as of 31/December/08)
➢ Fund Assets Allocated to MFI Investment (as of day/month/year): (as of)
➢ Number of MFI Investments (as of day/month/year): (as of)
➢ Area of Operation: Latin America and the Caribbean
➢ Participant(s)/Backer(s)/Investor(s): ACCION International
➢ Instruments: Guarantees
➢ Fund Currency: USD
➢ Investment Horizon: 1.5 years to 5 years
➢ Fund Manager: ACCION International