by Rohan Trivedi -

MICROCAPITAL BRIEF: Triodos Invests in Microfinance Institutions (MFIs) COMIXMUL of Honduras, CACMU of Ecuador, Sembrar Sartawi of Bolivia

Triodos Investment Management, a Netherlands-based manager of four microfinance investment funds, recently reported to MicroCapital that its funds have added three Latin American microfinance institutions (MFIs) to their portfolios; Cooperativa Mixta Mujeres Unidas Limitada (COMIXMUL) of Honduras; Cooperativa de Ahorro y Crédito Mujeres Unidas (CACMU) of Ecuador; and Institución Financiera de Desarrollo (IFD) Sembrar Sartawi of Bolivia.

by Rohan Trivedi -

MICROCAPITAL BRIEF: Advans Ghana Receives Investment of $4.52m from Société Générale, IFC, Triodos; Advans Cameroun Receives Loans of $2.45m from MicroVest, REGMIFA

Advans SA, a microfinance investment vehicle (MIV) registered in Luxembourg, recently reported to MicroCapital that two of its holdings have received local-currency refinancing loans.

by Rick Altieri -

MICROCAPITAL BRIEF: LuxFLAG Renews Label for MIVs From Absolute, BlueOrchard, EFSE, Finethic, Horus, KCD, ResponsAbility, Triodos, Wallberg

LuxFLAG, an organization established in 2006 to certify that microfinance investment vehicles (MIVs) actually invest in the sector, has renewed its annual label for 13 MIVs: Advans SA, BlueOrchard Microfinance Fund for US Investors, Dexia Micro-Credit Fund – BlueOrchard Debt Sub-Fund, Dual Return Fund – Vision Microfinance, European Fund for Southeast Europe, Finethic Microfinance,  KCD Mikrofinanzfonds I, KCD Mikrofinanzfonds II, responsAbility Global Microfinance Fund, responsAbility (Lux) Microfinance Leaders Fund, responsAbility (Lux) Mikrofinanz-Fonds, Triodos Microfinance Fund and Wallberg Global Microfinance Fund.

by Rohan Trivedi -

MICROCAPITAL BRIEF: Norwegian Microfinance Initiative (NMI) Global Fund Invests $2.8m in Triodos Microfinance Fund (TMF)

The Norwegian Microfinance Initiative (NMI), a public-private partnership (PPP) that provides technical and financial support to microfinance institutions (MFIs), has agreed to invest an additional EUR 2 million (USD 2.8 million) in the Triodos Microfinance Fund (TMF), a Netherlands-based microfinance investment vehicle (MIV) that supports MFIs around the world [1].

by Witt Gatchell -

MICROCAPITAL PAPER WRAP-UP: Over-Indebtedness and Microfinance: Constructing an Early Warning Index; by Vivien Kappel, Annette Krauss and Laura Lontzek; published by Center for Microfinance, University of Zurich, responsAbility Social Investments AG, Triodos Bank and Council of Microfinance Equity Funds

By Vivien Kappel, Annette Krauss and Laura Lontzek; published by Center for Microfinance and the University of Zurich, responsAbility Social Investments AG, Triodos Bank and Council of Microfinance Equity Funds; December 2010; 53 pages; available at:?http://www.triodos.com/downloads/276627/over-indebtedness-report-full-st…

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 Julia Korn -

MICROCAPITAL BRIEF: Norwegian Microfinance Initiative (NMI) Global Fund to Invest $5m in Triodos Microfinance Fund

The Norwegian Microfinance Initiative (NMI), a partnership between the Norwegian public and private sectors that provides assistance for microfinance institutions (MFIs) in developing countries, has recently announced that its Global Fund will make an investment of EUR 4 million (equivalent to USD 5 million) in Triodos Microfinance Fund, a microfinance investment vehicle based in Luxembourg with total assets of USD 36.2 million.

by Christine Chang -

MICROCAPITAL BRIEF: Investment Firms Matrix Partners India, Hivos-Triodos Fonds and Lok Capital LLC Invest $26.5m in Indian BASIX Microfinance Institution Bhartiya Samruddhi Finance Limited (BSFL)

Matrix Partners India, a Mumbai-based investment firm, is investing INR 1 billion (USD 22.5 million) in Bhartiya Samruddhi Finance Limited (BSFL), an Indian microfinance institution that is a member of the BASIX (Bhartiya Samruddhi Investment & Consulting Service) Group. Two existing investors, Europe-based Hivos-Triodos Fonds and dedicated microfinance institution (MFI) investor Lok Capital LLC, are contributing a further INR 127 million (USD 2.9 million) and INR 55 million (USD 1.2 million) respectively.

by Eric McKay -

MICROCAPITAL BRIEF: LOLC Micro Credit Ltd. (LOMC) Receives $14m from Symbiotics and Three Triodos Funds to Expand Microfinance Operations in Sri Lanka

Symbiotics SA Information, Consulting and Services Switzerland, a microfinance investment intermediary, and Triodos Investment Management, a group managing four microfinance funds, recently invested the equivalent of USD 14 million in LOLC Micro Credit Ltd. (LOMC), a Sri Lankan microfinance institution.

by Kenny Kline -

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

by Jaclyn Berfond -

MICROCAPITAL STORY: Triodos Bank Invests USD 900,000 in Microfinance Institutions in May

Triodos Bank has reported to the CGAP Microfinance Dealbook investments totaling approximately USD 900,000 this month.  The bank has invested 834,000 in IMON International in Tajikistan through the Triodos-Doen Foundation, and has loaned 61,000 to BICC in Honduras through the Hivos-Triodos Fund.

by Jaclyn Berfond -

MICROCAPITAL STORY: Pioneer in Microfinance Investing, Triodos Bank, Wins 2009 Sustainable Banking Award by Financial Times (FT) and International Finance Corporation (IFC); MicroEnsure and Root Capital Also Take Prizes

The Financial Times (FT) and the International Finance Corporation (IFC) announced the winners of the 2009 Sustainable Banking Awards. Triodos Bank of the Netherlands was named Sustainable Bank of the Year. Other microfinance programs were recognized, with MicroEnsure winning the award for Achievement in Basic Needs Financing, and Root Capital taking the Achievement in Banking at the Bottom of the Pyramid award.