responsAbility Social Investments AG (responsAbility), a Swiss asset management company that manages four microfinance investment vehicles (MIVs), recently reported to MicroCapital that it made loans to microfinance institutions (MFIs) through its MIVs equivalent to the following amounts: the local-currency equivalent of USD 4.92 million to FINCA Mexico, the local-currency equivalent of USD 850,000 to Instituto para el Desarrollo de la Pequeña Unidad Productiva (IDEPRO) in Bolivia, USD 1.41 million to Entidad de Desarrollo a la Pequeña y Micro Empresa (EDPYME) Alternativa in Peru and USD 2 million to Fundación para el Desarrollo Microempresarial D-Miro (D-Miro) in Ecuador [1].
Search Results for: finca
MICROCAPITAL BRIEF: FINCA Case Studies Explore Relationship Between Food Security and Microfinance, Analyze Client Data Using World Bank’s Human Opportunity Index
FINCA International, a US-based network of microfinance institutions (MFIs) in 21 countries, recently published two case studies: “Exploring the Linkages between Food Security and Microfinance: A Study by FINCA in Zambia and Guatemala” and “FINCA Client Data Viewed through World Bank’s Human Opportunity Index.”
MICROCAPITAL BRIEF: responsAbility Loans $27m to Microfinance Institution Prizma of Bosnia and Herzegovina; Russia’s Forus Bank, NBD Bank, FINCA Russia
responsAbility Social Investments AG, a Swiss investment company that manages four microfinance investment vehicles (MIVs), recently reported to MicroCapital that it has made debt investments worth the equivalent of USD 27.4 million in NBD Bank, a commercial bank in Russia, and three microfinance institutions (MFIs): Microcredit Foundation Prizma of Bosnia and Herzegovina; FINCA Russia; and Forus Bank, also of Russia.
MICROCAPITAL BRIEF: Incofin Loans $10.5m to Microfinance Institutions (MFIs) FINCA Guatemala, FINCA Azerbaijan, LAPO of Nigeria; Makes Equity Investment of $350k in ACME of Haiti
Incofin Investment Management, a private Belgian company that invests in microfinance institutions (MFIs) through six investment funds, recently made debt and equity investments in four MFIs: FINCA Guatemala and FINCA Azerbaijan, both members of US-based FINCA International’s network of MFIs; Lift Above Poverty Organisation (LAPO) of Nigeria; and Association pour la Cooperation avec la Micro Enterprise (ACME) of Haiti.
MICROCAPITAL BRIEF: FINCA International Announces Launch of FINCA Microfinance Holding With Investments of $74m from IFC, KfW, FMO, responsAbility, Triple Jump
FINCA International, a US-based network of microfinance institutions (MFIs) in 21 countries, has established FINCA Microfinance Holding (FMH) LLC, with USD 74 million from social investors including: USD 35 million from International Finance Corporation (IFC), the private-investment arm of the World Bank Group; USD 15 million from KfW Bankengruppe, a German development bank; EUR 10.5 million (USD 14 million) from Netherlands Development Finance Company (FMO in Dutch), a Dutch public-private partnership (PPP); USD 5 million from the responsAbility Global Microfinance Fund (rAGMF), a microfinance investment vehicle (MIV) managed by responsAbility Social Investments AG of Switzerland; and USD 5 million from Triple Jump, a Dutch investment manager and advisory firm for the microfinance sector.
MICROCAPITAL BRIEF: responsAbility Loans $6m to ProCredit Bank of Moldova, Foundation for International Community Assistance (FINCA) Russia, FINCA Jordan
responsAbility Social Investments AG (responsAbility), a Swiss asset management company that invests in microfinance institutions (MFIs) and microfinance investment vehicles (MIVs), recently reported to MicroCapital that it has loaned the equivalent of USD 6.3 million to ProCredit Bank of Moldova, Foundation for International Community Assistance (FINCA) Russia and FINCA Jordan through MIVs that it manages.
MICROCAPITAL BRIEF: IFC to Provide Local Currency Loans Worth Total of $13m to FINCA Azerbaijan, FINCA Kyrgyzstan to Expand Access to Microfinance
International Finance Corporation (IFC), the private-investment arm of the World Bank Group, reportedly will provide local-currency loans of USD 7 million to FINCA Azerbaijan and USD 6 million to FINCA Kyrgyzstan, two microfinance institutions (MFIs) that are members of US-based FINCA International’s global microfinance network.
MICROFINANCE BRIEF: ResponsAbility Microfinance Leaders Fund (rAMLF) Loans $2.5m to FINCA Kyrgyzstan, $500k to HUMO and Partners of Tajikistan
Switzerland’s responsAbility social investments recently reported to MicroCapital that its Microfinance Leaders Fund (rAMLF) has loaned USD 2.5 million to FINCA Kyrgyzstan and USD 500,000 to HUMO and Partners of Tajikistan.
MICROCAPITAL BRIEF: responsAbility Social Investments of Switzerland Loans $15m to FINCA International Subsidiaries in Azerbaijan, Georgia, Kyrgyzstan
responsAbility Social Investments AG, an investment company based in Switzerland, recently reported to MicroCapital that it has invested USD 15 million in debt in FINCA International subsidiaries in Azerbaijan, Georgia and Kyrgyzstan. FINCA International is a global microfinance network operating in 21 countries reporting total assets of USD 467 million as of 2009 [2].
MICROCAPITAL BRIEF: BlueOrchard Makes First Direct Loan of $5m to Microfinance Network FINCA International
BlueOrchard Finance SA, a subsidiary of Switzerland-based microfinance investment company BlueOrchard, recently made a debt investment of USD 5 million in FINCA International, a US-based microfinance network, through its Dexia Microcredit Fund, one of the microfinance investment vehicles BlueOrchard manages.
MICROCAPITAL BRIEF: responsAbility Makes Debt Investments Worth $7.5m in FINCA Kyrgyzstan, Mol Bulak of Kyrgyzstan, Constanta of Georgia, BZMF of Kosovo, GafGaz Leasing of Azerbaijan
responsAbility Social Investments AG, an investment company based in Switzerland, recently reported to MicroCapital that it invested the equivalent of USD 7.5 million in microfinance organizations in Kosovo and Central Asia.
MICROCAPITAL BRIEF: Tajikistan Microfinance Institutions (MFIs) Arvand, Bank Eskhata, FINCA Tajikistan, Oxus Microfinance Borrow $4.7m From responsAbility Social Investments of Switzerland
responsAbility Social Investments AG, an investment company based in Switzerland, recently reported to MicroCapital that it has made loans totaling USD 4.7 million to microfinance institutions (MFIs) in Tajikistan.
MICROCAPITAL BRIEF: responsAbility Social Investments of Switzerland Makes Loans Totaling $2m to FINCA DRC of Democratic Republic of the Congo, First Allied Savings and Loans Limited (FASL) of Ghana
responsAbility Social Investments AG, an investment company based in Switzerland, has recently reported to MicroCapital that it has made loans totaling USD 2 million to microfinance institutions (MFIs) in Democratic Republic of the Congo and Ghana.
MICROCAPITAL BRIEF: responsAbility Social Investments of Switzerland Makes Loans Totaling $10m to FINCA International Subsidiaries in Azerbaijan, Russia, Ecuador and Mexico
responsAbility Social Investments AG, an investment company based in Switzerland, recently reported to MicroCapital that it has invested loans approximately equivalent to USD 10.2 million to FINCA International subsidiaries in Azerbaijan, Russia, Ecuador and Mexico. FINCA International is a global microfinance network operating in 21 countries reporting total assets of USD 467 million as of 2009 [2].
MICROCAPITAL BRIEF: responsAbility Makes Debt Investments Worth $5m in Contactar of Colombia, FODEMI of Ecuador, FINCA Mexico and Edpyme Raiz of Peru
responsAbility Social Investments AG, an investment company based in Switzerland, recently reported to MicroCapital that it made five investments totaling USD 5.3 million in four microfinance institutions (MFI) in Mexico and South America.
MICROCAPITAL BRIEF: responsAbility Social Investments Provides Debt Financing Worth $2.7m to Microfinance Institutions Opportunity Albania and FINCA Russia
responsAbility Social Investments AG (responsAbility), an investment company based in Switzerland, recently reported to MicroCapital that in November 2010 it made four debt investments in microfinance institutions Opportunity Albania and FINCA Russia.
MICROCAPITAL BRIEF: REGMIFA Invests $13m in Microfinance Institutions (MFIs) Sinapi Aba Trust and First Allied Savings and Loans of Ghana, Kenya Women Finance Trust, Faulu Kenya, FINCA Tanzania, Programme d’Appui aux Mutuelles d’Epargne et de Credit au Senegal (PAMECAS)
The Regional MSME Investment Fund for Sub-Saharan Africa SA, SICAV-SIF (REGMIFA), a Luxembourg-based fund that seeks to invest in micro-, small and medium sized enterprises (MSMEs) in Africa, has announced investments totaling USD 13.5 million in microfinance institutions (MFIs) Sinapi Aba Trust and First Allied Savings and Loans of Ghana; Kenya Women Finance Trust; Faulu Kenya; FINCA Tanzania, an affiliate of FINCA International, a microfinance network serving 700,000 people through subsidiaries in 21 countries; and Programme d’Appui aux Mutuelles d’Epargne et de Credit au Senegal (PAMECAS).
MICROCAPITAL BRIEF: responsAbility Social Investments Makes Debt Investments Totaling $1.5m in Microfinance Institutions (MFIs) FINCA DRC of Democratic Republic of the Congo, Grooming Centre of Nigeria and WAGES of Togo
responsAbility Social Investments AG (responsAbility), a social investment company based in Switzerland, reported to MicroCapital that it has provided approximately USD 1.5 million in debt financing to FINCA DRC of Democratic Republic of the Congo, Grooming Nigeria of Nigeria and Women and Associations for Gain both Economic and Social (WAGES) of Togo.