by Julie Moksim -

MICROFINANCE EVENT: Association of the Luxembourg Fund Industry (ALFI) and the Luxembourg Fund Labeling Agency (LuxFLAG) Host Microfinance Conference 2011 in Luxembourg, March 17

Event Name: ALFI Microfinance Conference 2011

Event Date: March 17, 2011

Event Location: Luxembourg Chamber of Commerce, Luxembourg

by John Howard-Smith -

MICROCAPITAL BRIEF: Luxembourg Fund Labeling Agency (LuxFLAG) Releases Study Analyzing Microfinance Industry, Performance of Microfinance Investment Vehicles (MIVs)

The Luxembourg Fund Labeling Agency (LuxFLAG), an organization that certifies whether investment vehicles actually invest in the microfinance sector, has released a study analyzing 2009 and early-2010 trends in the microfinance industry as well as the performance of microfinance investment vehicles (MIVs) that were carrying the LuxFLAG certification label during the period covered in the study.

by Diana Baide -

MICROCAPITAL BRIEF: CGAP (Consultative Group to Assist the Poor), LuxFLAG, United Nations Principles for Responsible Investment (UNPRI), Eurosif Partner to Award Three Microfinance Investment Vehicle (MIV) Environmental, Social and Governance (ESG) Awards

CGAP (Consultative Group to Assist the Poor), an independent policy and research center dedicated to providing financial access for the world’s poor, has teamed up with the United Nation’s Principles for Responsible Investment (UNPRI), a network of international investors created under the auspices of the UN to promote the practice of responsible investing; LuxFLAG, an organization that certifies that microfinance vehicles (MIVs) actually invest in the microfinance sector; and the European Social Investment Forum (Eurosif), a pan-European network aiming to foster sustainable development through European financial markets, to create the CGAP Microfinance Investment Vehicle (MIV) Environmental, Social and Governance (ESG) Awards.

by Diana Baide -

MICROCAPITAL BRIEF: Luxembourg Find Labeling Agency (LuxFLAG) Grants Label to Microfinance Investment Vehicles (MIVs) KCD-Mikrofinanzfonds I Global, KCD Mikrofinanz Fonds II Latin America, Finethic Microfinance SCA, Triodos SICAV II and Wallberg Global Microfinance Fund

The Luxembourg Fund Labeling Agency (LuxFLAG), an independent organization that certifies that microfinance vehicles (MIVs) actually invest in the microfinance sector, announced that it has granted the LuxFLAG Microfinance Label to five MIVs: KCD-Mikrofinanzfonds I Global and KCD Mikrofinanzfonds II Latin America of Luxembourg; Finethic Microfinance SCA of Switzerland; Triodos SICAV II (Triodos Microfinance Fund) of the Netherlands and Wallberg Global Microfinance Fund of Luxembourg.

by Matthew Castner -

MICROCAPITAL BRIEF: LuxFLAG and MicroRate Announce LUMINIS Microfinance, Internet-Based Microfinance Investment Vehicle Information Service

LuxFLAG (Luxembourg Fund Labeling Agency), the Luxembourgian microfinance investment vehicle (MIV) certification organization, and MicroRate, the microfinance institution (MFI) rating agency with offices in the US, Peru and Morocco, signed an agreement on May 12, 2010, creating LUMINIS Microfinance, an MIV information service [1]. LUMINIS is intended to allow investors to make better-informed investment decisions based on a comprehensive database of MIV performance metrics.

by Matthew Castner -

MICROCAPITAL BRIEF: Luxembourg Fund Labelling Agency for Microfinance Investment Vehicles, LuxFLAG, Announces 2010 Renewal, Adds BlueOrchard Fund

LuxFLAG, a microfinance institution vehicle (MIV) certification organization founded in 2006, has recertified eight MIVs while adding a ninth, BlueOrchard Fund – Microfinance Fund for US Investors. The label is applied to MIVs that invest directly or indirectly in the microfinance sector and are deemed reputable by LuxFLAG and receiving a basic level of financial supervision from their home country. The nine labeled firms manage a total of USD 2.24 billion. LuxFLAG reports an unspecified number of applicants for 2010 [1].

by Stefanie Rubin -

MICROCAPITAL EVENT: Association of the Luxembourg Fund Industry (ALFI) Microfinance Conference, Organized in Association with Luxembourg Fund Labelling Agency (LuxFLAG), March 25, 2010, Luxembourg

Event Name: Association of the Luxembourg Fund Industry (ALFI) Microfinance Conference

Event Date: March 25, 2010

Event Location: Chambre de Commerce, 7, Rue Alcide Gasperi, Luxembourg

Event Website: http://www.alfi.lu/index.php?id=70&tx_mjseventpro_pi1[showUid]=26&cHash=8f25d57051

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

by the MicroCapital Team -

MICROCAPITAL BRIEF: LuxFLAG-labeled Microfinance Investment Vehicles Maintain Performance Through Economic Downturn

Luxembourg Fund Labelling Agency (LuxFLAG), an organization that certifies whether microfinance investment vehicles (MIVs) actually invest in microfinance, recently carried out a study of the MIVs it has labeled (as investing in microfinance) to determine how they have been impacted by the recent financial downturn.

by Jaclyn Berfond -

MICROCAPITAL STORY: Symbiotics Partners with Luxembourg Labelling Agency (LuxFLAG) and Spins Off Luxembourg Consulting Arm to Innpact Sàrl

Symbiotics SA, the Geneva-based investment advisor and information resource for the microfinance industry, has announced a collaboration with the Luxembourg Fund Labelling Agency (LuxFLAG). In an unrelated event, Symbiotics spins-off its Luxembourg consulting arm into an independent company, Innpact Sàrl.

by Sarah Knapp -

MICROCAPITAL STORY: Luxembourg Fund Labelling Agency (LuxFLAG) Grants Label to Belgian Microfinance Investment Company Incofin’s Rural Impulse Fund (RIF)

Nonprofit Luxembourg Fund Labelling Agency (LuxFLAG) has granted its label to the
Rural Impulse Fund SA, SICAV-FIS (RIF). The LuxFLAG label indicates that RIF, which invests in microfinance institutions (MFIs) in rural areas, is truly investing in microfinance activities. The label was initiated to provide increased assurance to investors that commercial microfinance investment vehicle’s (MIVs) were committed to delivering microfinance services.

by Anthony Busch -

MICROCAPITAL STORY: Launched in July 2006, the Luxembourg Fund Labelling Agency (LuxFLAG) has Awarded its Microfinance Label to Five Microfinance Investment Vehicles (MIVs) and Attained Listing on the Centrale de Communications Luxembourg (CCLux) Database

Earlier this year, the Centrale de Communications Luxembourg (CCLux), a subsidiary of the Luxembourg Stock Exchange, began listing the Luxembourg Fund Labelling Agency (LuxFLAG) Microfinance Label as a searchable classification on its online Consultation Portal. For users of CCLux, this means that they can now quickly and easily identify microfinance investment vehicles (MIVs) which have been approved by LuxFLAG.

by the MicroCapital Team -

Luxembourg Fund Labeling Agency Luxflag Grants Microfinance Labels to Dexia Micro-Credit Fund, European Fund for Southeast Europe and responsAbility Micro-Credit Fund

The Luxembourg Fund Labeling Agency (LuxFLAG) announced its granting of the first LuxFLAG Microfinance labels to three funds: Dexia Micro-Credit Fund, European Fund for Southeast Europe, responsAbility Global Micro-Credit Fund. The official certificates were granted at a ceremony in Luxembourg on 31 January 2007 in the presence of the Minister for Development Cooperation and Humanitarian Action, Mr. Jean-Louis Schiltz.

Continue reading “Luxembourg Fund Labeling Agency Luxflag Grants Microfinance Labels to Dexia Micro-Credit Fund, European Fund for Southeast Europe and responsAbility Micro-Credit Fund”

by Sai Bommineni -

MICROCAPITAL BRIEF: EFSE Loans $6m to Agroprosperis Bank to Support Farmers in Ukraine

The European Fund for Southeast Europe (EFSE), a microfinance investment vehicle domiciled in Luxembourg, recently loaned EUR 5 million (USD 6.1 million) to Agroprosperis Bank to support agricultural micro- and small enterprises (MSEs) in Ukraine. In particular,

by Romil Pandey -

MICROCAPITAL BRIEF: Financial Literacy Centre of Kosovo Provides Curriculum, Textbooks for Primary Schools

The Financial Literacy Centre (FLC), which was established in Kosovo in 2017 by the Central Bank of Kosovo and the Development Facility of the European Fund for Southeast Europe (EFSE), recently helped build financial literacy into the curriculum of Kosovo’s Ministry of Education. The programming includes “an inclusive approach featuring characters of various physical abilities and gender presentation” introducing “learners to

by Nathan Kiplagat -

MICROCAPITAL BRIEF: EFSE Lending $2.4m to BT Leasing MD to Support MSEs in Moldova During Coronavirus Pandemic

The European Fund for Southeast Europe (EFSE), a microfinance investment vehicle domiciled in Luxembourg, recently agreed to loan EUR 2 million (USD 2.4 million) to Banca Transilvania (BT) Leasing MD, a Moldovan entity controlled by Romania’s BT, to finance micro- and small enterprises (MSEs) that need