by Charlotte Newman -

MICROCAPITAL BRIEF: responsAbility Social Investments Disburses $14m to LOLC Micro Credit Limited of Sri Lanka

ResponsAbility Social Investments, a Swiss investment company, recently disbursed USD 14 million in return for a promissory note from LOLC Microcredit Limited (LOMC), a Sri Lankan microfinance institution (MFI) that provides individual and group loans to microentrepreneurs in Sri Lanka’s agricultural districts.

by Sarah Benali -

MICROCAPITAL BRIEF: ResponsAbility loans $1.2m to Caja Municipal de Ahorro y Credito de Maynas of Peru, Disburses First Tranche of $15m Loan to Vision Fund International

ResponsAbility Social Investments, a for-profit Swiss fund manager, recently informed MicroCapital that it has loaned the local-currency equivalent of USD 1.2 million as subordinated debt to Caja Municipal de Ahorro y Crédito de Maynas, a Peruvian microfinance institution (MFI).

by Sarah Benali -

MICROCAPITAL BRIEF: ResponsAbility Social Investments Loans $1.5m to AccessBank Tanzania, $1.3m to EKI of Bosnia and Herzegovina

ResponsAbility Social Investments, a Swiss investment company, recently informed MicroCapital that it has loaned USD 1 million through the responsAbility Global Microfinance Fund (rAGMF), one of the microfinance investment  vehicles (MIVs) it manages, to AccessBank Tanzania, a commercial bank established as part of Germany’s AccessHolding in 2007.

by Sarah Benali -

MICROCAPITAL BRIEF: ResponsAbility Funds Invest $2m in ProEmpresa of Peru, $1.5m in COAC Progreso of Ecuador

ResponsAbility Social Investments, a Swiss investment company, recently informed MicroCapital that it has disbursed the local-currency equivalent of USD 1.3 million in debt to ProEmpresa, a Peruvian microfinance institution (MFI), through the responsAbility Global Microfinance Fund (rAGMF), one of the microfinance investment vehicles (MIVs) it manages.

by Mihaela Grindeanu -

MICROCAPITAL BRIEF: ResponsAbility Invests $1.9m in Advans of Cameroun, $1.2m in MicroCred of Senegal

ResponsAbility Social Investments, a Swiss investment company, recently disbursed the approximate equivalent of USD 1.9 million in subdebt to Advans Cameroun and the equivalent of USD 1.2 million in debt to MicroCred Senegal.

by Sarah Benali -

MICROCAPITAL BRIEF: ResponsAbility Invests $5m in Chase Bank Kenya, $1.25m in KWFT of Kenya, $1.2m in FINCA Microfinance Holding of USA

ResponsAbility Global Microfinance Fund (rAGMF), a microfinance investment vehicle (MIV) managed by responsAbility Social Investments of Switzerland, recently loaned USD 5 million to Chase Bank of Kenya.

by Mihaela Grindeanu -

MICROCAPITAL BRIEF: ResponsAbility Invests $100k in Bank Eskhata of Tajikistan, $1.5m in Mitra Bisnis Keluarga (MBK) Ventura of Indonesia

ResponsAbility SICAV Mikrofinanz-Fonds (rAMF), a microfinance investment vehicle (MIV) managed by responsAbility Social Investments, a Swiss investment company, recently disbursed approximately USD 100,000 in debt to Bank Eskhata of Tajikistan.

by Jaime Fellers -

MICROCAPITAL BRIEF: Hypo Alpe Adria Group, ResponsAbility Social Investments AG Approve Loans Totaling $7m to Microcredit Foundation Prizma of Bosnia and Herzegovina

Hypo Alpe Adria Group, a state-owned Austrian financial group, and ResponsAbility Social Investments, a Swiss investment organization founded in 2003, approved loans of BAM 5 million (USD 3.2 million) and EUR 3 million (USD 3.7 million), respectively, to Microcredit Foundation Prizma, a microcredit organization operating in rural Bosnia and Herzegovina. The funds will be used to expand Prizma’s operations.

by Webster Hughes -

MICROCAPITAL BRIEF: responsAbility Loans $7.8m to ProCredit Moldova, $1.2m to Noa of Albania

In June, responsAbility Social Investments AG, a Swiss investment company, made debt investments totaling USD 7.8 million in ProCredit Moldova, a subsidiary of Germany’s ProCredit Group. As of 2011, ProCredit Moldova has assets totaling USD 150 million, USD 117 million in loans outstanding, return on equity of 8.8 percent and USD 43.6 million customer deposits.

by Brett Cohen -

MICROCAPITAL BRIEF: ResponsAbility Reaches Deals Totaling $1.5m with Advans Cameroun, PRIDE of Tanzania

ResponsAbility Social Investments, a Swiss microfinance investment manager, has reached investment deals with Advans Cameroun, a microfinance institution (MFI) based in Cameroon, and Promotion of Rural Initiative and Development Enterprises Limited (PRIDE), an MFI based in Tanzania.

by Charlotte Newman -

MICROCAPITAL BRIEF: Indian Microfinance Institution Grameen Koota Raises $5m from responsAbility through Nonconvertible Debentures

Grameen Financial Services Private Limited (Grameen Koota), an Indian microfinance institution (MFI), recently raised INR 25 crore (USD 5 million) in debt funding through the issue of secured, redeemable, non-convertible debentures (NCDs).

by Charlotte Newman -

MICROCAPITAL BRIEF: responsAbility Loans $3.3m to Microfinance Institutions D-Miro of Ecuador, Fielco of Paraguay, Nueva Vision of Peru

ResponsAbility Social Investments, a Swiss investment company, recently completed three investment deals with microfinance institutions (MFIs) in Ecuador, Paraguay and Peru.

by Brett Cohen -

MICROCAPITAL BRIEF: ResponsAbility Loans $4.1m to ACLEDA Laos, Middle East Micro Credit Company of Jordan

ResponsAbility Social Investments, a Swiss microfinance investment manager, has reached a total of three investment deals with microfinance institution (MFI) ACLEDA Laos Bank, an affiliate of Cambodian public limited company ACLEDA (formerly Associaton of Cambodian Local Economic Development Agencies) Bank and Middle East Micro Credit Company (MEMCC), a for-profit development finance institution in Jordan.