ACCION International has launched the Gateway MicroFinance Infrastructure Fund (GMI), a new equity fund to “identify and support ventures that can enhance the productivity and performance of microfinance institutions (MFIs).” GMI is unique among the over 70 funds which currently make equity investments in microfinance since it will not directly invest in MFIs; rather, it will channel funds to technology and information service companies which deal with areas such as software, payment systems, and ratings.
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