MICROCAPITAL BRIEF: Impact Asset Management Loans $11m from Dual Return Microfinance Funds to MFIs in East Timor, Ecuador, Kosovo, Nicaragua

Impact Asset Management (I-AM), a member of the Austria-based C-Quadrat Investment Group, recently disbursed loans from Vision Microfinance and Vision Microfinance Local Currency, the two sub-funds of the Dual Return Fund family, that total the equivalent of USD 11 million. The borrowers are unspecified microfinance institutions (MFIs) in East Timor, Ecuador, Kosovo and Nicaragua.

The various share classes of the sub-funds of Dual Return Vision Microfinance generated one-month returns of -0.22 percent through 0.06 percent during March 2022. As of 2021, the funds held assets valued at EUR 677 million (USD 734 million).

I-AM, which was founded in the city of Vienna in 2006, “focuses on sustainable investments and microfinance products.” As of December 2021, it reports assets under management totaling EUR 3.4 billion (USD 3.7 billion). C-Quadrat was founded in 1991 and since has built its portfolio to a total valuation of EUR 8 billion (USD 8.7 billion).

By Hasnat Aslam, Research Associate

Sources and Additional Resources

Vision Microfinance commentary
https://reporting.impact-am.eu/Monatsupdate_Allgemein/VMF_Info/EN/VMF_Market_Commentary_032022_EN.pdf

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

I-AM homepage
https://www.impact-am.eu/

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

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