MICROCAPITAL BRIEF: C-Quadrat Dual Return Vision Microfinance Funds Invest in Ecuador, 13 Other Countries

C-Quadrat Asset Management, a unit of Austrian fund manager C-Quadrat, disbursed the equivalent of USD 40 million during December to 15 microfinance institutions (MFIs) from its Dual Return Vision Microfinance funds. The MFIs, whose identities remain confidential, span 14 countries. One is a cooperative located in Ecuador that was founded in 1988 and offers savings and credit products, mainly for microentrepreneurs in the Andes mountains. C-Quadrat describes the MFI as having “good client protection principles, high transparency and…attractive labor” policies. The MFI also provides free community services such as financial literacy, sustainable agriculture and youth sports programs.

As of November 2017, the Dual Return Vision Microfinance and Dual Return Vision Microfinance-Local Currency funds manage assets valued at a total of USD 660 million. C-Quadrat manages assets equivalent to EUR 5.3 billion (USD 5.9 billion) as of 2016.

Sources and Additional Resources

Information provided directly to MicroCapital by C-Quadrat

MicroCapital: MFI in Bosnia and Herzegovina Borrows from Dual Return Vision Microfinance Fund
https://www.microcapital.org/microcapital-brief-mfi-bosnia-herzegovina-borrows-dual-return-vision-microfinance-fund/

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