The Dual Return Vision Microfinance Fund of C-Quadrat Asset Management (AM), a member of the Austria-based C-Quadrat Investment Group, issued a euro-denominated loan of unspecified size during February to an unidentified network of microfinance institutions (MFIs) operating in Africa, China and Kosovo. The MFI in Kosovo was launched in 2000 with UN support and is working to boost the percentage of women that it serves as of 2019. Among its loan products is a new offering to improve home energy efficiency. The MFI is certified for the quality of its client protection practices by the Smart Campaign of the Center for Financial Inclusion, an affiliate of the US-based NGO Accion.
As of February 2019, the Dual Return Vision Microfinance and Dual Return Vision Microfinance-Local Currency sub-funds hold assets valued at an aggregate of USD 582 million. The C-Quadrat Investment Group, which was founded in 1991, manages EUR 10 billion (USD 12 billion) in assets as of 2017. It has operations in 20 countries in Eurasia.
Sources and Additional Resources
Information provided directly to MicroCapital by C-Quadrat Asset Management
Background on C-Quadrat Investment Group?
https://www.c-quadrat.com/en/company/history/
Center for Financial Inclusion home page
https://www.centerforfinancialinclusion.org/
Accion home page
http://www.accion.org
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