The Consultative Group to Assist the Poor (CGAP) today issued this list of publications recently posted on its website:
MFI Capital Structure Decision Making: A Call for Greater Awareness
CGAP
Microfinance: An Emerging Asset Class for Equity and Debt Investors
MicroCapital
Aavishkaar Goodwell (AGI), a for-profit business development company that provides equity finance to microfinance organizations in India, is receiving USD 8 million in investments from the Netherlands Development Company (FMO), together with IFC, a member of the World Bank Group that provides financial products to build the private sector in developing countries, and global investment institution Deutsche Bank, to support the company in expanding its outreach.
Source: India PR Wire
Article available here.
IFC, a member of the World Bank Group, the Netherlands Development Finance Company (FMO), and Deutsche Bank today announced their joint investment in the microfinance private equity company Aavishkaar Goodwell. This investment will support the launch of up to 60 greenfield microfinance organizations and the expansion of up to 10 fast-growing microfinance institutions across India.
Over the past 6 weeks we have been keeping you up to date on the ongoing debate over the IPO of Mexican microfinance institution (MFI), Compartamos. This has included extracts from the Yahoo online ‘microfinance practice group’ discussion (click here to sign up), moderated by Mr. Chuck Waterfield. Below we quote extracts from a comment posted by Mr. Vineet Rai. Mr. Rai is currently chief executive officer of Aavishkaar India Micro Venture Capital Fund and co-founder and executive director of Intellecap, an Indian consultancy firm (see recent who’s who article on microcapital).