Microfinance Focus, November 09, 2011: Microfinance fund manager Triple Jump has become a shareholder in two African and one Latin American microfinance institutions operated by DID (Développement international Desjardins). Agreements for three equity investments were signed by Triple Jump this week.

On behalf of ASN-Novib Microkredietfonds, Triple Jump will invest in MFIs operated by DID in Tanzania, Zambia and Panama. The ones in Tanzania and Zambia are the first equity investments of Triple Jump in Africa.

Triple Jump already has equity investments in Latin America and Asia, and is now speeding up the pace. ‘Equity is becoming more and more important for Triple Jump because of its real impact on the development of microfinance institutions’, says Erik Geurts, Senior Equity Investment Officer at Triple Jump.

Triple Jump currently manages equity stakes in Bai Tushum in Kyrgyzstan, in Hatha Kaksekar Limited in Cambodia, in IMON in Tajikistan, in Al Sol in Mexico and in Edpyme Solidaridad in Peru.