MICROCAPITAL BRIEF: C-Quadrat’s Dual Return Vision Microfinance Fund Lends in 11 Countries, Including for Women in Bolivia, Farmers in China

C-Quadrat Asset Management, a unit of Austria-based C-Quadrat Investment, recently informed MicroCapital that it disbursed loans to microfinance institutions (MFIs) in 11 countries during December 2018. The identities of the MFIs and the amount each borrowed remain confidential.

One of the MFIs is a Bolivian NGO providing health and financial services to women via 70 urban and rural locations. The MFI offers loans, financial education, health education and testing for cervical cancer.

C-Quadrat invested in another MFI via a euro-denominated bond for lending in China. This institution’s customer base comprises 93 percent farmers and 80 percent women. C-Quadrat tells MicroCapital that the MFI “has a strong focus on poverty alleviation and prioritizes clients’ needs above profitability.” The MFI charges lower borrowing rates to clients earning less than the regional poverty level. In addition to loans, it offers health and education services.

Both of these MFIs’ loans include insurance that pay off the loan in case of death or disability of the borrower.

The other countries that C-Quadrat invested in during December are Bosnia, El Salvador, Georgia, India, Jordan, Mauritius, Paraguay, Peru and Tajikistan. As of that month, the Dual Return Vision Microfinance and Dual Return Vision Microfinance-Local Currency funds hold assets valued at an aggregated total of USD 586 million. C-Quadrat Investment manages EUR 9.5 billion (USD 11 billion) in assets as of 2019.

Sources and Additional Resources

Information provided directly to MicroCapital by C-Quadrat Asset Management

Background on C-Quadrat Investment
https://www.c-quadrat.com/en/company/history/

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