ViewpointsThe Investment Opportunity in MicrofinanceWritten By Paul DiLeo and David FitzHerbert, June 2007The microfinance industry is growing rapidly, both in clients served and the volume and types of investment it attracts. This overview provides a brief summary of available information on the industry to help prospective investors orient themselves within the market, and further refine their expectations with respect to financial and social returns. Download Some Thoughts on Access to Markets as a Strategy to Address PovertyBy Nachiket Mor, October 2006If one accepts the premise of the centrality of "access to finance" in providing a pathway out of poverty, then the first challenge to be addressed would be how such access may be universalized with every individual being able to avail a basic set of essential financial services. Download Innovation of a Global Local Currency Microfinance FundWritten by Maheshan Fernando IFC & Financial Times 2006 Silver Award Essay, September 2006Many sources for potential funding of MFIs remain untapped due to the high risks of currency devaluation. This study proposes that adequate diversification through unhedged local currency lending could remedy the problem. Download The Birth of the Microfinance FundWritten by Ethan Arpi, August 2006Next year microfinance celebrates its 30th birthday and according to the Microcredit Summit Campaign, a whopping 92 million people have received microloans, a number that has attracted significant attention from more than just the do-gooders involved in international development. Download Profund Fund Report 2005Written by Profund Internacional, S.A., January 2006Without question, the primary reasons for ProFund’s success were the resiliency and entrepreneurial abilities of microentrepreneurs. Download Blended Value Investing: Capital Opportunities for Social and Environmental ImpactWritten by Richard Samans— World Economic Forum, March 2006Blended Value Investing (BVI) is, by definition, a market-based approach to addressing many of the challenges facing the global community. BVI seeks to engage capital in creating sustainable, long-term solutions to those same challenges. Download Aligning Investments with Personal ValueWritten by Angie Allen, March 2005Frankly, I don't think I will be able to articulate this concept, despite feeling so strongly that, if we are to be part of a world where, as the Gray Ghost business plan says, we all deserve the most meaningful existence possible. Download Commercial Investment in Microfinance: Fears and FulfillmentWritten by Robert "Bob" Pattillo— Atlanta, November 2004On the plane home from the KfW Symposium on microfinance investment funds, I thought about the facts, the ideas, and the feelings that we shared during those two days in November 2004. The feelings were especially important because they are what most motivate us, stir us to action or resign us to abstinence. Download The Challenge of Development in Developing Financial Institutions: A Practitioner's PerspectiveWritten by The Development Finance Forum — Chicago, January 2004Capital Plus was written by the members of the Development Finance Forum (the Forum), a group of practitioners who have met annually since 1997. The Forum members use the term "development finance institutions" (DFIs) to refer to our diverse institutional forms, customer strategies, and products, which include microcredit. Download International Investment Funds: Mobilising Investors towards MicrofinanceWritten by Appui au Développement Autonome — Luxembourg, November 2003An increasing number of institutions are used to channel money from investors to the microfinance sector. These institutions are used to indirectly invest in Microfinance Institutions (MFIs) and will take the form of foundations, co-operative companies, investment companies, mutual funds, etc. Download |
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