Posts Tagged ‘BlueOrchard’

By Matthew Fuchs Microfinance Focus, Feb 19, 2010: The Dexia Micro-Credit Fund (DMCF), managed by BlueOrchard, has begun the year with a positive result, posting a return of 0.12% in January. According to the fund's monthly report, it made four new investments in South, East and Central Asia totaling $7.4 million. There continued to be a "strong divergence in the performance of MFIs on a regional basis" ... Full story

By Matthew Fuchs Microfinance Focus, Feb 18, 2010: The Dexia Microcredit Fund (DMCF), managed by BlueOrchard, begun the year with a positive result, posting a return of 0.12% in January 2010 for the USD share class . According to the fund's monthly report, the fund also made four new investments in South, East and Central Asia totaling $7.4 million. The DMCF's NAV is $513 million, with ... Full story

By Matthew Fuchs Microfinance Focus, Jan. 20, 2010: Despite a challenging investment climate in 2009 the Dexia Microcredit Fund (DMCF), posting returns in excess of average LIBOR plus 100 bps for all asset classes. Return on investment for the USD asset class for 2009 was 2.33%, according to the DMCF monthly investors' update for December. According to BlueOrchard, the fund made a small new provision against a ... Full story

By Matthew Fuchs Microfinance Focus, Dec. 15, 2009: Dexia Microcredit Fund (DMCF) posted slightly negative returns in November due to continued provisioning against loans to microfinance institutions in Nicaguara, according to fund manager BlueOrchard. The fund declined 0.04% during November but year-to-date performance remains on track, says BlueOrchard in its monthly report. The microfinance sector in Nicaragua has been effected significantly by the international financial crisis, which ... Full story

Three major microfinance investment firms discuss lessons learned from recent cases of organized protest against Microfinance Institutions. By Matthew Fuchs Microfinance Focus, Nov. 4, 2009: The ongoing Nicaraguan "No Pay" movement, which began Spring 2008 in the north of the country, is an example of an organized protest movement against microfinance institutions. Fuelled by a spike in defaults caused by the ... Full story

By Matthew Fuchs Microfinance Focus, Oct. 16, 2009: Returns for BlueOrchard's Dexia Microcredit Fund (DMCF) show a slight negative return in September registering a decline of 0.01 per cent. The global microfinance fund manager, in its monthly newsletter, attributed this to trouble in three Nicaraguan MFIs though the fund's overall performance elsewhere was positive in the month. The microfinance sector in Nicaragua has been hit hard by the ... Full story

Microfinance Focus, Oct. 1, 2009: Swiss fund manager BlueOrchard Finance has been chosen to manage the US-backed fund Microfinance Growth Facility (MIGROF) worth US$250 million, which was created recently to support the growth of MFIs to refinance their lending activities to people with no access to main banks. Full story

Microfinance Focus, Aug. 22, 2009: There have been startling losses in microfinance institutions that have wandered too far from their original microfinance mission due to fierce competition or of profit-minded management, writes David MacDougall, Director of Risk Management at Swiss microfinance fund manager BlueOrchard. Servicing traditional microfinance clients is expensive because ... Full story