KNOW A MICROFINANCE FUND: Hivos-Triodos Fund (HTF), Incofin Rural Impulse Fund (RIF), Incofin VDK MFI Loan Portfolio, ACCION Latin America Bridge Fund (LABF)

The following microfinance investment funds are profiled in this brief:

Hivos-Triodos Fund (HTF)

https://www.microcapital.org/microfinanceuniverse/tiki-index.php?page=Hivos-Triodos+Fund+%28HTF%29

Incofin Rural Impulse Fund (RIF)

https://www.microcapital.org/microfinanceuniverse/tiki-index.php?page=Incofin+Rural+Impulse+Fund+%28RIF%29

Incofin VDK MFI Loan Portfolio

https://www.microcapital.org/microfinanceuniverse/tiki-index.php?page=Incofin+VDK+MFI+Loan+Portfolio

ACCION Latin America Bridge Fund (LABF)

https://www.microcapital.org/microfinanceuniverse/tiki-index.php?page=ACCION+Latin+America+Bridge+Fund+%28LABF%29

KNOW A MICROFINANCE FUND: Fonds International de Garantie (FIG) (International Guarantee Fund (IGF)), Investisseur et Partenaire pour le Développement (I&P), Gray Ghost Fund, Incofin Impulse Microfinance Fund

The following microfinance investment funds are profiled in this brief:

Fonds International de Garantie (FIG) (International Guarantee Fund (IGF))

https://www.microcapital.org/microfinanceuniverse/tiki-index.php?page=Fonds+International+de+Garantie+%28FIG%29+%28International+Guarantee+Fund+%28IGF%29%29

Investisseur et Partenaire pour le Développement (I&P)

https://www.microcapital.org/microfinanceuniverse/tiki-index.php?page=Investisseur+et+Partenaire+pour+le+Développement+%28I

Gray Ghost Fund

https://www.microcapital.org/microfinanceuniverse/tiki-index.php?page=Gray+Ghost+Fund

Incofin Impulse Microfinance Fund

https://www.microcapital.org/microfinanceuniverse/tiki-index.php?page=Incofin+Impulse+Microfinance+Fund

MICROFINANCE EVENT: 2009 Toronto Microfinance Conference

Event Name: 2009 Toronto Microfinance Conference

Event Description: The 2009 Toronto Microfinance Conference is meant for anyone who is interested in microfinance and wants to learn about initiatives and how they can get involved. Events include an information session called “Microfinance 101,” workshops on microfinance in Africa, Latin America, North Africa, Asia and the Middle East, and time set aside for networking. There will also be panel discussions with representatives from Panel Discussion with panelists from: Rotarian Action Group on Microcredit,  Grameen Foundation, FINCA International, Access Community Capital, Federation for Women, and Scotiabank.

Event Date/Time: November 14, 2009: 9:00 am – 4:00 pm

MICROCAPITAL.ORG STORY: The 2009 Social Performance Reporting Awards for Microfinance Are In

To qualify for the award, an MFI must meet certain standards developed by the Social Performance Task Force. The Social Performance Task Force (SPTF) was formed in March 2005 by CGAP, the Argidius Foundation, and the Ford Foundation to define social performance for the microfinance industry and address questions relating to social performance measurement and management. The SPTF consists of over 350 leaders from the microfinance field, including practitioners, donors and investors, national and regional networks, technical assistance providers, rating agencies, academics and researchers.

MICROFINANCE EVENT: Microfinance in the World Today: Opportunities, Challenges and Seeds of Hope by OikoCredit and the Center for Social Value Creation, November 2, 2009, College Park, Maryland, US

Event Name: Microfinance in the World Today: Opportunities, Challenges and Seeds of Hope

Event Description: Conference

Event Location: College Park, Maryland, United States

MICROCAPITAL.ORG STORY: International Banking Systems Online Journal Publishes Supplement On The Role of Technology In Microfinance And Highlights Importance Of Risk Management Systems

The International Banking Systems publication (IBS), an online journal that provides information on banking systems and operations, have produced a detailed supplement on the role of technological systems in microfinance [1]. An article within the supplement entitled ‘Technology for Microfinance – Trends driving the technology’ [2], the authors discuss the growing importance of risk management systems in MFIs. These systems are significant as they allow MFIs to address critical issues such as over-indebtedness, a problem which has become acute for some MFIs in the current financial turmoil, and report to their investors promptly.

MICROFINANCE EVENT: Azerbaijan Microfinance Association Investors Fair in Baku, Azerbaijan, October 7, 2009

Microfinance Event: Azerbaijan Microfinance Association Investors Fair in Baku, Azerbaijan, October 7, 2009

Event Name: Azerbaijan Microfinance Association Investors Fair

Location: Baku, Azerbaijan

Date: October 7, 2009

Event Description: The conference will focus on MFI governance strategy, financial risk management, client protection, opportunities to learn about innovative products, and a chance to access capital investors [1].

See Our Comprehensive Event Calendar Here: http://microfinanceassociation.ning.com/events

Cost: AMFA Members: AZN 200 (USD 248)
non-AMFA Members: AZN 250 (USD 310)
International: USD 200

Summary of Event: The day will start with remarks from members of the Azerbaijan Microfinance Association, the Azerbaijani government, and business representatives. There will then be three panels on governance, risk, and client protection, respectively. Lastly, the Investors Fair will be a roundtable to discuss critical microfinance issues [2].

MICROCAPITAL EVENT: Middle East and North Africa (MENA) Microfinance Conference 2009 in Amman, Jordan on October 26-27, 2009, Organized by UniGlobal Research in Association with Sanabel

Event Name: MENA Microfinance Conference 2009

Date: October 26-27, 2009

Location: Amman, Jordan

See Our Comprehensive Event Calendar Here: http://microfinanceassociation.ning.com/events

MEET THE MICROBANKER: Interview with Scott Budde, Managing Director of the Global Social and Community Investment Group (GSCIG) and founder of the Global Microfinance Investment Program (GMIP) at TIAA-CREF

TIAA-CREF is a national financial services organization with more than USD 398 billion in combined assets under management (9/30/08) and a provider of retirement services in the academic, research, medical and cultural fields. In 2006 the company had formed a new Social and Community Investing Department within its Asset Management area. The Global Microfinance Investment Program is part of TIAA-CREF’s Social and Community Investing Department, which develops new socially oriented products, oversees the screening methodology of social screened funds, formulates policies around key social issues and manages community investment programs. Notable accomplishments for the firm have been the creation of a USD 100 million Global Microfinance Investment Program (GMIP) to invest in selected Microfinance Institutions (MFI’s) worldwide. Concurrently, TIAA-CREF also announced GMIP’s first investment – a USD 43 million private equity stake in ProCredit Holding AG, a microfinance company.

Scott Budde, Managing Director of the Global Social and Community Investment Group (GSCIG), and founder of the Global Microfinance Investment Program (GMIP) at TIAA-CREF

CGAP Microfinance Dealbook: May 2009 Transactions

The CGAP Microfinance Dealbook publicizes microfinance capital market transactions in an effort to bring greater transparency to the industry. This information is made freely available as a public service. Parties to microfinance transactions are encouraged to submit their deals to this effort. The following deals were collected for May 2009:

MICROCAPITAL STORY: Islamic Microfinance – What Next? Nigeria Promotes “Non-Interest” Banking

In a recent speech before the senate, Lamido Sanusi who is the governor of the Nigerian Central Bank (CBN) governor, emphasized that it is important to ensure that banks do not claim to offer Islamic banking products when they are in fact running a conventional banking business.

MICROCAPITAL STORY: BlueOrchard Finance Disburses Over USD 28m to Microfinance Institutions in May

BlueOrchard Finance disbursed over USD 28 million in loans to 13 microfinance institutions (MFIs) in May.  As reported to the CGAP Microfinance Dealbook, BlueOrchard Finance loaned USD 15.5 million through the Dexia Micro-Credit Fund and USD 1 million through the BBVA Codespa Microfinance Fund. BlueOrchard is also an advisor to the Microfinance Enhancement Facility, launched by the International Finance Corporation and KfW Entwicklungsbank, which disbursed its first four loans totaling USD 12 million.