Posts Tagged ‘Dexia microcredit fund’

By Matthew Fuchs, Microfinance Focus, April 1, 2010 : After a challenging year, 2010 has began on an optimistic note for microfinance investors. Some fund managers have declared that the recovery has begun, albeit a gradual one. For example, Dr. Armand Vardanyan, Fund Manager of the Dual Return Vision Microfinance Fund, has stated that MFIs are recovering, despite some isolated incidents, with an improving outlook ... Full story

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