Posts Tagged ‘microfinance fund’

Microfinance Focus, June 01, 2010: Rural Impulse II, a new specialist microfinance fund backed by leading public and private financial institutions and investors has launched today. EUR 100m Fund is an initiative of Incofin Investment Management, which will act as fund advisor. The European Investment Bank, IFC – part of the World Bank Group, KfW Entwicklungsbank (The German Development Bank), the Belgian Investment Company for ... Full story

Microfinance Focus, May 06, 2010: The European Union’s long-term lending institution, the European Investment Bank has yesterday committed US$15 million to REGMIFA, a UD$ 150 million microfinance fund targeting small enterprises in sub-Saharan Africa. REGMIFA was developed by leading donor finance institutions following a G8 initiative to improve access to finance in Africa. European Investment Bank would be the largest shareholder of class A shares ... 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, Feb 18, 2010: Demand for credit from microfinance institutions is expected to increase 10-15% in 2010 as MFIs revert to a modest growth path, ResponsAbility's Chief  Investment Officer Christian Speckhardt said. This will be in response to increased demand from micro-entrepreneurs in-line with strengthening economic conditions across most ... Full story

Microfinance Focus, Jan 26, 2010: CDC, a Development Finance Institution owned by the UK Government’s Department for International Development , has announced it will commit $10 million to ShoreCap II, it was announced yesterday. ShoreCap is the second private equity fund from ShoreBank Corporation, and like its predecessor will invest in small banks and microfinance institutions. ShoreCap is currently seeking to raise $100 million for the ... Full story

Micofinance Focus, Jan. 15, 2010: Advans SA SICAR has announced the completion of its second round of fundraising for an amount of EUR 23 million. With this, the total committed capital of  Advans SA to EUR 40.1 million. This additional capital, committed to by existing shareholders, will support the development of the Advans network over the coming years and increase its ability to offer adapted financial ... Full story

By Matthew Fuchs Jan.11, 2010: Microfinance Focus has conducted a survey of fund managers about the investment climate in Latin America. Here are the views of Eelco Mol, Regional Director for Latin America at Triple Jump, a global fund manager with strong presence in Latin America. The funds they manage include the Oxfam-Novib Microfinance Fund and ... 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