MICROCAPITAL BRIEF: Dual Return Vision Microfinance Funds Loan $16m to MFIs in Armenia, Bolivia, Costa Rica, Panama, Tajikistan

C-Quadrat Impact Asset Management (IAM), a member of the Austria-based C-Quadrat Investment Group, recently announced that it loaned a total equivalent to USD 16 million to microfinance institutions (MFIs) in Bolivia, Armenia, Costa Rica, Panama and Tajikistan from its Dual Return Vision Microfinance Funds during August 2021. The names of the MFIs remain undisclosed.

The Dual Return sub-funds are Vision Microfinance, whose USD and EUR share classes generated one-month returns of 0.14 percent to 0.23 percent during August, and Vision Microfinance Local Currency, whose USD and EUR share classes generated returns of 0.85 percent to 0.97 percent during the same period.

C-Quadrat Impact Asset Management, which was founded in Vienna in 2006 as Absolute Portfolio Management, “focuses on sustainable investments and microfinance products.” As of December 2020, it reports assets under management totaling EUR 3 billion (USD 3.5 billion).

By Arin Atluri, Research Associate

Sources and Additional Resources

Dual Return Vision Microfinance August market commentary
http://www.c-quadrat.com/report/CAM/Monatsupdate_Allgemein/VMF_Info/EN/J0_VMF_Market_Commentary_082021_EN.pdf

Vision Microfinance homepage
https://www.visionmicrofinance.com/

C-Quadrat Impact Asset Management homepage
https://www.impact-am.eu/

C-Quadrat Impact Asset Management profile
https://www.impact-am.eu/en/company/

C-Quadrat homepage
https://www.c-quadrat.com/

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