ResponsAbility Social Investments, a Swiss investment company, recently disbursed approximately USD 1.7 million in debt to Russian microfinance institution (MFI) Forus Bank.
Search Results for: LUXflag
MICROCAPITAL BRIEF: ResponsAbility Loans $10m to Rafiki Deposit Taking Microfinance of Kenya, Mibanco of Peru
ResponsAbility Social Investments, a Swiss microfinance investment manager, has reached four investment deals with micro banks in Kenya and Peru.
MICROCAPITAL BRIEF: ResponsAbility Reaches Deals Totaling $1.5m with Advans Cameroun, PRIDE of Tanzania
ResponsAbility Social Investments, a Swiss microfinance investment manager, has reached investment deals with Advans Cameroun, a microfinance institution (MFI) based in Cameroon, and Promotion of Rural Initiative and Development Enterprises Limited (PRIDE), an MFI based in Tanzania.
MICROCAPITAL BRIEF: ResponsAbility Invests $6.3m in Financiera Crear of Peru, Ecofuturo of Bolivia
ResponsAbility Social Investments, a Swiss investment company, recently issued loans totaling USD 6.3 million to microfinance institutions (MFIs) in Peru and Bolivia.
MICROCAPITAL BRIEF: Deutsche Bank Secures Private Equity Investments of $64m in Microfinance Investment Vehicle European Fund for Southeast Europe (EFSE)
Deutsche Bank, a Germany-based international bank, recently secured EUR 51 million (USD 64 million) from undisclosed private investors for the senior tranche of the European Fund for Southeast Europe (EFSE), a microfinance investment vehicle (MIV) based in Luxembourg.
MICROCAPITAL BRIEF: “Plus” of Bosnia and Herzegovina to Offer Debt Counseling Services, Financial Education to Microfinance Clients in Sarajevo
Formerly known as the Centre for Financial and Credit Counselling, the Association for Responsible Personal Finance Management, a nonprofit debt counseling organization also known as “Plus”, has recently opened an office in Sarajevo, Bosnia and Herzegovina.
MICROCAPITAL BRIEF: IFC, EFSE Loan $49m total to Fibabanka AS of Turkey for Women-Owned Businesses
The International Finance Corporation (IFC), a member of the World Bank Group, and European Fund for Southeast Europe (EFSE), a microfinance investment vehicle (MIV) based in Luxembourg, have agreed to disburse loans totaling the equivalence USD 48.9 million to Fibabanka AS, a Turkish investment bank.
MICROCAPITAL BRIEF: European Fund for Southeast Europe, Azerbaijan Micro-Finance Association to Publish Financial Literacy Booklet
The European Fund for Southeast Europe (ESFE), a microfinance investment vehicle (MIV) based in Luxembourg, and Azerbaijan Micro-Finance Association (AMFA), an organization with 28 microfinance institution members, have agreed to work together to develop a financial education booklet to raise the financial literacy of microfinance customers in Azerbaijan.
MICROCAPITAL BRIEF: responsAbility Loans $3.3m to Microfinance Institutions D-Miro of Ecuador, Fielco of Paraguay, Nueva Vision of Peru
ResponsAbility Social Investments, a Swiss investment company, recently completed three investment deals with microfinance institutions (MFIs) in Ecuador, Paraguay and Peru.
MICROCAPITAL BRIEF: ResponsAbility Loans $4.1m to ACLEDA Laos, Middle East Micro Credit Company of Jordan
ResponsAbility Social Investments, a Swiss microfinance investment manager, has reached a total of three investment deals with microfinance institution (MFI) ACLEDA Laos Bank, an affiliate of Cambodian public limited company ACLEDA (formerly Associaton of Cambodian Local Economic Development Agencies) Bank and Middle East Micro Credit Company (MEMCC), a for-profit development finance institution in Jordan.
MICROCAPITAL BRIEF: Austrian Development Bank Oesterreichische Entwicklungsbank AG (OeEB) to Invest $18.75m in European Fund for Southeast Europe (EFSE)
Oesterreichische Entwicklungsbank AG (OeEB), Austria’s official development bank, recently pledged an investment of EUR 15.0 million (USD 18.75 million) to the European Fund for Southeast Europe (EFSE), a microfinance investment vehicle (MIV) based in Luxembourg.
MICROCAPITAL BRIEF: European Fund for Southeast Europe Loans $8m to MF Banka a.d. Banja Luka, Microcredit Foundation EKI of Bosnia and Herzegovina
The European Fund for Southeast Europe (EFSE), a microfinance investment vehicle (MIV) based in Luxembourg, has disbursed loans to Microcredit Foundation EKI (MCF EKI) and MF Banka a.d. Banja Luka, both of which are microfinance institutions located in Bosnia and Herzegovina.
MICROCAPITAL BRIEF: Advans Incorporates Advans Pakistan Microfinance Bank, La Fayette Microfinance Bank of Nigeria
Advans SA, a microfinance investment vehicle that mobilizes funds for microfinance institutions (MFIs), recently announced the incorporation of the Advans Pakistan Microfinance Bank in the Republic of Pakistan and the La Fayette Microfinance Bank in Nigeria.
MICROCAPITAL BRIEF: ResponsAbility Loans $6.4m to Microfinance Institutions KMF of Kazakhstan, FINCA Jordan, FINCA Azerbaijan
ResponsAbility Social Investments, a Swiss microfinance investment manager, has reached four investment deals with three microfinance institutions (MFIs) in central Asia and Jordan.
MICROCAPITAL BRIEF: $700m in Grants, Loans from UN’s International Fund for Agricultural Development (IFAD) Support Rural Financial Services, Agency to Focus on Sub-Saharan Africa
According to International Fund for Agricultural Development (IFAD) Senior Rural Finance Adviser, Michael Hamp, “Approximately 17 percent (more than USD 700 million) of IFAD’s portfolio of loans and grants is focused on rural financial services, making IFAD one of the top ten funders of microfinance worldwide.” IFAD, an agency of the United Nations, works to alleviate rural poverty in developing countries.
MICROCAPITAL BRIEF: ResponsAbility Reaches Deals Totaling $7m with Microfinance Institutions KWFT, MicroCred Ivory Coast, PRIDE
ResponsAbility Social Investments, a Swiss microfinance investment manager, has reached six investment deals with three microfinance institutions (MFIs)in Africa.
MICROCAPITAL BRIEF: responsAbility Lends $6.9m to Latin American Microfinance Companies Crecer, Fundacion Mundo Mujer Popayan
Switzerland’s responsAbility Social Investments AG recently reported to MicroCapital that it has made investments equivalent to USD 6.9 million in Bolivian microfinance institution (MFI) Crecer and Colombian MFI Fundacion Mundo Mujer (FMM) Popayan.
MICROCAPITAL BRIEF: Grameen Foundation, KfW Bankengruppe, Access Africa Fund Invest in Mobile Microfinance Institution Musoni Kenya
Grameen Foundation, a US-based nonprofit that aims to help poor people access business opportunities and financial and information services; KfW Bankengruppe, the German development bank; and the Access Africa Fund, a US-based for-profit limited liability company launched by nonprofit CARE International, have each purchased a 25-percent stake in Musoni Kenya, a Kenyan MFI that provides financial services via mobile phone.