Germany-based Invest in Visions (IIV) recently announced that it has disbursed a loan of EUR 2 million (USD 2.26 million) to the Kosovo Enterprise Program (KEP) Trust from IIV Mikrofinanzfonds, a microfinance investment vehicle that is active in developing countries. During June 2019, IIV also invested in
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MICROCAPITAL BRIEF: Invest in Visions’ IIV Mikrofinanzfonds Lends $13m to China Foundation for Poverty Alleviation (CFPA) for Microfinance Lending
Germany-based Invest in Visions (IIV) recently announced that it has disbursed a loan of USD 13 million to the China Foundation for Poverty Alleviation (CFPA) from IIV Mikrofinanzfonds, a microfinance investment vehicle that is active in developing countries. CFPA, an NGO in China, was established in 1989 and
MICROCAPITAL BRIEF: Invest in Visions’ IIV Mikrofinanzfonds Lends $2m to ACME for Microfinance in Haiti
Germany-based Invest in Visions (IIV) recently announced that it has disbursed a loan of USD 2 million to Association pour la Coopération avec la Micro Entreprise (ACME) from its microfinance investment vehicle, IIV Mikrofinanzfonds, which lends to financial institutions in developing countries. This is the second time since
MICROCAPITAL BRIEF: Invest In Visions’ IIV Mikrofinanzfonds Lends $3m to Armeconom Bank to Support Microfinance in Armenia
Germany-based Invest in Visions (IIV) recently announced that it has loaned USD 3 million to Armeconom Bank of Armenia from IIV Mikrofinanzfonds, a microfinance investment vehicle that lends to financial institutions in developing countries. Launched in 1991, Armeconom offers loans, credit lines, deposit services, payment cards, transfers and other services to individuals and businesses. It accepts deposits in four currencies, with rates ranging from 0.2 percent to 10 percent per year. Its lending products include
MICROCAPITAL BRIEF: Invest in Visions’ IIV Mikrofinanzfonds Lends $9m to Microfinance Institution Letshego Kenya
Letshego Kenya, a microlending unit of Botswana-based Letshego Holdings Limited, recently borrowed USD 9 million from Germany-based Invest in Visions’ (IIV’s) IIV Mikrofinanzfonds, a microfinance investment vehicle that lends to microfinance institutions (MFIs) in developing countries. IIV Mikrofinanzfonds loaned additional amounts – denominated in a mix of euros and US dollars – totaling the equivalent of
MICROCAPITAL BRIEF: Invest in Visions’ IIV Mikrofinanzfonds Lends $13m to Microfinance Institutions (MFIs) in Ecuador, El Salvador, Georgia, Mongolia – Including $1.5m to JSC Georgian Credit
Germany-based Invest in Visions (IIV) recently announced that it loaned USD 1.5 million to Joint Stock Company (JSC) Georgian Credit, a microfinance institution (MFI) in Georgia. IIV disbursed the loan from its microfinance investment vehicle IIV Mikrofinanzfonds, which lends to MFIs in developing countries. Including this loan, IIV Mikrofinanzfonds loaned
MICROCAPITAL BRIEF: Invest in Visions’ IIV Mikrofinanzfonds Lends $4.7m to Microfinance Institution ASA Pakistan
Germany-based Invest in Visions (IIV) recently announced that it loaned USD 4.7 million in July to ASA Pakistan, a microfinance institution (MFI) in Pakistan. IIV disbursed the loan from its microfinance investment vehicle, IIV Mikrofinanzfonds, which lends to MFIs in developing countries.
MICROCAPITAL BRIEF: Invest in Visions’ IIV Mikrofinanzfonds Lends $5m to Ghabbour Auto’s Tasaheel Microfinance of Egypt
Germany-based Invest in Visions (IIV) recently announced that it loaned USD 5 million in June 2018 to Tasaheel Microfinance, which is controlled by Egypt-based vehicle manufacturer Ghabbour (GB) Auto, formerly known as Ghabbour Brothers. IIV disbursed the loan from its microfinance investment vehicle, IIV Mikrofinanzfonds, a fund that lends to microfinance institutions (MFIs) operating in developing countries.
MICROCAPITAL BRIEF: Invest in Visions’ IIV Mikrofinanzfonds Lends $3m to Microfinance Institution Vision Banco Paraguay
Germany-based Invest in Visions (IIV) recently announced that it loaned USD 3 million during May 2018 to Vision Banco Paraguay, a microfinance institution (MFI) providing credit and deposit services to individuals as well as small and medium-sized enterprises (SMEs). IIV executed the investment
MICROCAPITAL BRIEF: Invest in Visions’ IIV Mikrofinanzfonds Lends $6.5m to KMF for Microfinance in Kazakhstan
Germany-based Invest in Visions, (IIV) recently reported that in April it disbursed a loan of USD 6.46 million to KazMicroFinance (KMF), a microfinance institution (MFI) in Kazakhstan, from its microfinance investment vehicle IIV Mikrofinanzfonds. Also during April, IIV lent a total of USD 13 million to
MICROCAPITAL BRIEF: Incofin to Advise Invest In Visions’ IIV-Microfinance Fund
Incofin Investment Management, a private Belgian company, recently became the fund advisor of Invest In Visions’ IIV-Microfinance Fund, which was launched in October 2011 to invest in loans to small and medium-sized (tier-2 and tier-3) microfinance institutions in developing countries [1].
MICROCAPITAL BRIEF: Helmig’s FS Invest Buys 75% of Invest in Visions, Microfinance Fund Manager in Germany
FS Invest Holding, which is owned by Germany’s Helmig family, recently paid an undisclosed sum to acquire a 75-percent stake in Invest in Visions (IIV). Launched in 2006, IIV manages “investments in sustainable agriculture, social enterprises and social impact lending,” including in microfinance institutions (MFIs) and decentralized
MICROCAPITAL BRIEF: ADB Lends $15m to KMF to Boost Financial Inclusion for MSMEs, Post-Covid Growth in Kazakhstan
The Asian Development Bank (ADB), a multilateral development finance institution, recently agreed to lend USD 15 million to KazMicroFinance (KMF), a microlender in Kazakhstan. The loan is intended to boost its services to micro-, small and medium-sized enterprises (MSMEs) – especially in rural areas – to
MICROCAPITAL BRIEF: Agents for Impact Loans $3m from Invest in Visions to Imon International for Microfinance in Tajikistan
Two German impact investment firms, Agents for Impact (AFI) and Invest in Visions (IIV) recently collaborated to disburse USD 3 million in loan funds to Imon International, a microfinance institution (MFI) in Tajikistan. Imon offers individuals as well as small and medium-sized enterprises loans, savings, internet banking and
MICROCAPITAL BRIEF: Microinvest of Moldova, FINCA Armenia Borrowing $10m from Invest in Visions for Microfinance
Agents for Impact (AFI), a Germany-based impact investing company, recently informed MicroCapital that it is issuing the following loans on behalf of Germany’s Invest in Visions (IIV): EUR 7 million (USD 8 million) in two tranches to Microinvest of Moldova and USD 2.5 million to FINCA Armenia, a unit of US-based FINCA Impact Finance. AFI has disbursed the entire loan to
MICROCAPITAL BRIEF: FINCA DRC, Flash International Partner to Expand Mobile Access to Financial Services in Congo
FINCA Democratic Republic of Congo (DRC), a subsidiary of US-based FINCA Impact Finance, recently announced a partnership with Flash International, a DRC-based financial technology (fintech) company. FINCA customers will gain access to Flash App, Flash International’s mobile financial services platform, while Flash customers will
MICROCAPITAL BRIEF: ESCAP, SHE Investments, UNCDF Build Bookkeeping App Kotra Riel to Assist Women Microentrepreneurs in Cambodia
The UN Economic and Social Commission for Asia and the Pacific (ESCAP), the UN Capital Development Fund (UNCDF) and Cambodia’s SHE (Support Her Enterprise) Investments recently released a bookkeeping app, Kotra Riel,’ targeting
MICROCAPITAL BRIEF: Invest In Visions Mikrofinanzfonds Lends $36m to Indian MFIs Asirvad Microfinance, Sonata Finance
Invest In Visions Mikrofinanzfonds, a fund managed by Germany-based Invest In Visions (IIV), recently made loans totaling EUR 30 million (USD 35.6 million) to two Indian microfinance institutions, Asirvad Microfinance and Sonata Finance. Asirvad received EUR 25 million (USD 29.6 million) and Sonata received EUR 5 million (USD 5.9 million). Both microfinance institutions serve low-income female customers in India,