Overview:
The Dignity Fund LP mobilizes capital for microfinance institutions (MFIs), which are retail micro-lenders.
Description:
The Dignity Fund is a private partnership founded in 2005 that aims to bring capital to the microfinance industry by providing debt financing to microfinance institutions (MFIs). The Dignity Fund works with MFIs that serve more than 5000 clients, are operationally sustainable, have a strong management team with internal controls, and are affiliated with a microfinance network.
Microfinance Information Exchange (MIX) Profile:
http://www.mixmarket.org/funders/dignity-fund-lp
Organization’s Website:
http://www.dignityfund.com/index.html
Just the Facts:
Year Founded: 2005
Country of Incorporation: United States
Legal Status: Delaware (US State) Limited Partnership
Fund Assets (as of day/month/year): USD 5.75 million (as of 2007)
Assets allocated to MFIs: USD 5.5 million (as of 2007)
Number of MFI investments (as of day/month/year): 12 (as of 2007)
Participant(s)/Backer(s)/Investor(s):
Area of Operation: Global
Currency: USD
Instrument Type: Loans and Debt Securities, Guarantees
Investment Horizon: 3 years
Fund Manager: Elizabeth Funk (Chairperson and CEO)
Contact Information:
Susan Zeleznik
Fund Portfolio Manager
susan@dignityfund.com
+1 415 236 1753
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Additional Resources:
News from Dignity Fund
http://www.dignityfund.com/in_the_news.html
WHO’S WHO IN MICROFINANCE: The Dignity Fund, L.P. (November 2007)
https://www.microcapital.org/who’s-who-in-microfinance-the-dignity-fund-lp/
Unitus, Dignifty Fund Extend US$200,000 Credity Facility to Argentina’s FIS Empresa Social (May 2006)
https://www.microcapital.org/unitus-dignity-fund-extend-us200000-credit-f…
Authored by Kenny Kline, Research Associate
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