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]. In 2010, NMI Global Fund, which supports established MFIs, made an initial investment of EUR 4 million (USD 5 million) in TMF, as was reported by MicroCapital on July 9, 2010 [2]. Njord Andrewes, a senior investment associate with NMI, commented on the decision to increase the investment in TMF, saying that... Continue reading here. Contact MicroCapital to receive a complete sample issue of the MicroCapital Monitor, the monthly microfinance newspaper.