Tag: Financial Inclusion Fund24

Impact Companies Tag: Financial Inclusion Fund 22

All or A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Company

Acción Investments


United States

AIMCO acquired early participations in what became the leading MFIs in Latin America and still holds these participations. In 2007, the fund recapitalized these mature investees and invested in African MFIs created in partnership with Ecobank and Acción International. AIMCO shareholders are composed of prominent microfinance players seeking financial and social returns. Bamboo sits on board.

Financial Services: Advisory Services

Company

Africap


Mauritius

Africap invests across African companies serving unbanked MSMEs. The fund is managed by African investment professionals with experience in private equity and microfinance. Bamboo sits on the board.

Financial & Insurance activites

Company

Apoyo Integral


El Salvador

Apoyo Integral is the leading conventional Microfinance Institution in El Salvador. It boasts a loan portfolio of around 70M USD and 40000 clients. Its shareholders consider a social impact strategy as a positive differentiating factor in what is an increasingly competitive market in financial terms emphasizing the positive correlation between social and financial returns. Its BOD endorses annual social objectives such as extending life and health insurance to about 70% of its client base Technical Assistance for construction for 70% of loans placed to clients for housing improvement or construction purposes and financial education seminaries to be given to at least to 2.2% of its client base.

Financial & Insurance activites

Company

Asmitha Microfinance


India

AML started operations in 2002 and is registered as an NBFC (non deposit accepting) with the Reserve Bank of India. Its mission is to provide small loans to poor women to establish sustainable income generating enterprises. The Indian microfinance market is still largely under penetrated and the market is very fragmented with over 1500 MFIs but only a handful have an NBFC form allowing to receive equity investments.

Financial & Insurance activites

Company

Bai Tushum & Partners


Kyrgyzstan

Bai Tushum & Partners (BT&P) is one of the leading provider of MSME financial services in Kyrgyzstan with a gross loan portfolio exceeding 55M USD serving more than 36000 clients. BT&P was established as a microfinance program in September 2000 through funding and support from USAID ACDI/VOCA and Caritas Switzerland. Over the past ten years the Company transformed from a registered microcredit agency to a licensed microfinance company and more recently to a deposit taking MFI. With a strong reputation in the market to comprehensively serve the missing middle the Company strives to continue to develop its client base through a diversified product offering and more recently through the provision of savings products. The Company also strives to protect and develop populations in rural areas assisting in development and support of entrepreneurs and farmers through the provision of facilitated access to financial services for the purpose of creating and retaining jobs improving quality of life.

Financial & Insurance activites

Company

Banco FIE


Bolivia

Banco FIE is the second largest microfinance institution in Bolivia with a loan portfolio of more than 500M USD serving 180000 clients and deriving a yearly ROE of 21.5%. The bank has been recognized several times by its peers and international organization such as the Inter American Development Bank (IDB) for its operational excellence and pushing the boundaries in order to incorporate excluded layers of the population in its clientele. Banco FIE is also the Bolivian Bank with the broadest branch network (over 140). Banco FIE is also launching a mobile money platform which should provide financial services to those who currently live without them in remote areas.

Financial & Insurance activites

Company

Banco Popular


Honduras

Banco Popular was born with the purpose of supporting micro small and medium enterprises because it plays a key role in job creation poverty reduction and economic growth of Honduran families and therefore of Honduras. Banco Popular serve the needs of working capital and fixed assets of these economic sectors in an agile personalized friendly and cordial.

Financial & Insurance activites

Company

Banco WWB Colombia


Colombia

Credit institution. WWB Colombia's main interest is to ease the access to credit for disadvantaged sectors.

Financial & Insurance activites

Company

CFE Panama


Panama

CFE is a quasi start up Microfinance Institution ( MFI ) in Panama created by Desjardins Developpement International (the Canadian Cooperative Movement) and Colac the Confederation of Latin American Cooperatives. CFE Panama is run with the same CFE methodology and operating support that DID is successfully rolling out in Africa and Latin America and where BlueOrchard teamed up with DID in three countries already. After less than 2 years of operations CFE has an outstanding portfolio of 11M USD and 1700 clients serving with financial services the missing middle with loans typically ranging from 2000 15000 USD a segment that banks do not attend in Panama and that is larger than the typical microenterprise segment served by the NGOs. One of the strongest differentiating factors of the CFE methodology is the Client and Employee Share Ownership Plan whereby all shareholders agree to offering up to 20% of the MFI s equity to its clients and employees.

Financial & Insurance activites

Company

CHF Development Finance International


CHF Development Finance International LLC (CHF Holding) is a holding company sponsored by the US based NGO CHF International that owns and manages those of CHF International s more mature microfinance operations that have presented the best growth potential and that are well positioned for solid future growth. Currently the CHF Holding owns and manages two MFIs in Lebanon and Romania. Over the course of 2012 2014 the Company will take ownership and manage CHF International s operations in Jordan Iraq and Palestine. Through its presence in the region and emphasizing CHF International s extensive work in the Middle East the Company can seek to grow its diversified portfolio of microfinance operations in countries such as Tunisia and Egypt and potentially have first mover advantage when the Moroccan microfinance sector become amenable for new equity entrants.

Other

Company

EB-Accion (Cameroon)


Cameroon

EB Accion Microfinance is the result of a unique partnership between Accion and Ecobank a pan African bank covering 29 countries across the continent. EB Accion Microfinance offers microfinance services including small loans savings and remittances products to merchants manufacturers and other microentrepreneurs out of a main branch office in Douala Cameroon.

Financial & Insurance activites

Company

EFC Tanzania


United Republic of Tanzania

EFC Tanzania Microfinance Bank Limited is a local bank with local and international shareholders and provides banking services to individuals and businesses in Tanzania. EFC provides transaction services as well as savings and loan facilities to micro and small entrepreneurs and to individuals. The bank is registered as a microfinance bank.

Financial & Insurance activites

Company

FASO


Netherlands

Goodwell Investments is an impact investment firm active in investment management in Africa and India and advisory services worldwide. Goodwell provides through its investment vehicles risk capital and hands on support to micro finance initiatives in India and West Africa. For advisory services Goodwell is active worldwide in sectors that combine demonstrable social and environmental impact with financial returns.

Other

Company

Kopo Kopo


Kenya

Kopo Kopo enables SMEs to grow and prosper by making mobile money smarter. They enable SMEs to accept, process, and analyze mobile payments in real-time and engage customers using highly targeted, market-appropriate promotional and loyalty tools. Using existing local infrastructure, Kopo Kopo is accelerating the transition from cash-based economies to digital ones.

Information, communication & technology

Company

Mibanco


Mibanco was created in 1998 by taking over the financial operations of the NGO Accion Comunitaria del Peru (ACP) which had been working for the Peruvian micro entrepreneurs since over 33 years. Accion Comunitaria del Peru ProFund International Accion International Banco de Credito and Banco Wiese Sudameris and the Andean Development Coporation are Mibanco's funding partners.

Financial & Insurance activites

Company

Nueva Vision


Peru

CREDINKA was founded on February 12 1994 in response to the need to provide accessible competitive and reliable financial products and services preferably directed at the rural sector with the aim of improving the quality of life of the inhabitants and contributing to the development of the regional and national economy.

Financial & Insurance activites

Company

PFSL


Zambia

PFSL is a Deposit Taking Microfinance Institution licensed and supervised by Bank of Zambia with a share capital of 4.5M USD serving a growing base of 2200 clients with a gross loan portfolio of 6.4M USD. Additionally PFSL has taken an important step to increase local ownership participation by introducing Client and Employee Share Ownership Plans. PFSL was founded by CARE Zambia supported by DFID in 1996. DiD manages the institution according to its Entrepreneurs Financial Center (EFC) Model that is based on the premise that MSMEs are essential to drive the engine of economic durable development and growth in developing countries. Pulse Financial Services Limited s (PFSL) mission is to increase peri urban and urban MSMEs' access to specialized financial services on a permanent basis while contributing to wealth creation improvement of living conditions and development of the Zambian private sector. PFSL's vision is to become the preferred Licensed Deposit Taking Microfinance solution for entrepreneurs in Zambia.

Other

Company

Svasti Microfinance


India

Svasti is an urban microfinance operation started in October 2008 to cater to the financial needs of the low income segment of society in Mumbai. Svasti started its operations by providing loans to Women Joint Liability Groups. It currently offers customised loan savings and insurance products. It aims to become a comprehensive financial service provider to the people in the target segment.

Financial & Insurance activites

Company

VidaGas


United States of America

VidaGas sells LPG to rural customers in Mozambique most notably the Ministry of Health which uses the fuel to power vaccine refrigeration units. The company operates three filling/distribution stations in Pemba Nampula and Mocuba. With the ability to power rural vaccination refrigerators VidaGas is enabling a consistent supply of vaccines in rural Mozambique.We develop test implement and scale new systems technologies and programs that improve health outcomes by extending the reach and enhancing the quality of healthcare.

Human health & social work

Company

Vision Banco


Paraguay

Vision Banco is a solid and growing financial institution serving the financial needs of the micro small and medium enterprises in Paraguay. Vision operates as a regulated bank since 2008 and is considered the 6th largest bank in Paraguay and the top 1 in the microfinance segment. Vision holds the largest financial distribution network in the country (84 branches and 10 points of service) through which it serves a clientele of 300 000 clients with an array of credit savings and transactional services. Vision is the largest employer of the Paraguayan financial system and it has a strong commitment towards the well being of its employees which is translated into a highly committed team. Vision Banco counts with financial ratings from S&P (BB global credit rating) and Feller Rate (A financial soundness) and social ratings from Microfinanza (A ).

Financial & Insurance activites

Company

Vitas


United States of America

Vitas formerly CHF Development Finance International LLC (CHF Holding) is a holding company sponsored by the US based NGO CHF International that owns and manages mature microfinance operations that have presented the best growth potential and that are well positioned for solid future growth.

Financial & Insurance activites

Company

Xac Bank


Mongolia

Xac Bank is the fourth largest bank in Mongolia with a loan portfolio of 395M USD serving 298000 borrowers and savers clients and deriving a yearly ROE of 22%. Xac Bank has demonstrated its ability to adapt to a fast growing and fast changing economic environment in Mongolia on the back of a booming mining industry and has re focused its operations away from microfinance to SME consumer lending and mortgages. In order to manage the associated risk the bank has heavily invested in systems and human capabilities in order to serve the increasing need of underserved SMEs and urban as well as rural population. Xac Bank has also built an in house mobile platform currently under upgrade in order to better serve the needs of its customers. Xac Bank is actively involved in deploying government and developmental funds to provide easier access to low cost housing and environment friendly energy to the lower layers of the Mongolian population. Finally Xac bank is constantly providing non financial services to the community under the form of financial literacy programs and business support to its lowest income customers via association with NGOs.

Financial & Insurance activites

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