Posts Tagged ‘BlueOrchard’

Microfinance Focus, Aug 7, 2010: The Inter-American Development Bank has announced a syndicated $36 million loan to help Mibanco – Banco de la Microempresa S.A. increase its lending to female microentrepreneurs in Peru. The syndicated loan consists of an A loan for the equivalent of $10 million from the IDB’s own resources and a B loan for the equivalent of $26 million provided by a syndicate ... Full story

Microfinance Focus, July 23, 2010: Fueled by the attractiveness of the industry’s social mission and strong performance of microfinance institutions (MFIs), MIVs grew rapidly over the last five years. In 2009, that growth slowed only marginally (to 22% from 28% in 2008). However, microfinance assets grew much more slowly than total MIV assets with the result that MIV liquidity increased dramatically. The assets of MIVs ... Full story

Microfinance Focus, July 14, 2010: BlueOrchard a group of commercial microfinance investment companies based in Geneva - Switzerland manages over $1 billion of assets with investments spanning over 40 emerging markets and 150 Microfinance banks. It is made up of two companies: BlueOrchard Finance S.A. which since 2001 has provided credit to microfinance institutions (MFIs), and BlueOrchard Investments Sàrl which since 2007 has invested in ... Full story

Microfinance Focus, July 12, 2010: Abu Dhabi based Investment Company, Aaabar Investments PJSC has yesterday announced an investment worth $54.2 million into two global base of pyramid investment funds, BlueOrchard and Oasis Fund. The total investment, $ 34.5 million in BlueOrchard Private Equity Fund S.C.A, SICAV-FIS and $ 19.8 million in Oasis Fund, S.C.A., includes actualization interest in addition to subscription amounts. Aabar Investments PJSC is ... Full story

By Matthew Fuchs Microfinance Focus, Feb 19, 2010: The Dexia Micro-Credit Fund (DMCF), managed by BlueOrchard, has begun the year with a positive result, posting a return of 0.12% in January. According to the fund's monthly report, it made four new investments in South, East and Central Asia totaling $7.4 million. There continued to be a "strong divergence in the performance of MFIs on a regional basis" ... Full story

By Matthew Fuchs Microfinance Focus, Feb 18, 2010: The Dexia Microcredit Fund (DMCF), managed by BlueOrchard, begun the year with a positive result, posting a return of 0.12% in January 2010 for the USD share class . According to the fund's monthly report, the fund also made four new investments in South, East and Central Asia totaling $7.4 million. The DMCF's NAV is $513 million, with ... Full story

By Matthew Fuchs Microfinance Focus, Jan. 20, 2010: Despite a challenging investment climate in 2009 the Dexia Microcredit Fund (DMCF), posted returns in excess of average LIBOR plus 100 bps for all asset classes. Return on investment for the USD asset class for 2009 was 2.33%, according to the DMCF monthly investor' update for December. According to BlueOrchard, the fund made a small new provision against a ... Full story

By Matthew Fuchs Microfinance Focus, Dec. 15, 2009: Dexia Microcredit Fund (DMCF) posted slightly negative returns in November due to continued provisioning against loans to microfinance institutions in Nicaguara, according to fund manager BlueOrchard. The fund declined 0.04% during November but year-to-date performance remains on track, says BlueOrchard in its monthly report. The microfinance sector in Nicaragua has been affected significantly by the international financial crisis, which ... Full story

Three major microfinance investment firms discuss lessons learned from recent cases of organized protest against Microfinance Institutions. By Matthew Fuchs Microfinance Focus, Nov. 4, 2009: The ongoing Nicaraguan "No Pay" movement, which began Spring 2008 in the north of the country, is an example of an organized protest movement against microfinance institutions. Fueled by a spike in defaults caused by the ... Full story

By Matthew Fuchs Microfinance Focus, Oct. 16, 2009: Returns for BlueOrchard's Dexia Microcredit Fund (DMCF) show a slight negative return in September registering a decline of 0.01 per cent. The global microfinance fund manager, in its monthly newsletter, attributed this to trouble in three Nicaraguan MFIs though the fund's overall performance elsewhere was positive in the month. The microfinance sector in Nicaragua has been hit hard by the ... Full story

Microfinance Focus, Oct. 1, 2009: Swiss fund manager BlueOrchard Finance has been chosen to manage the US-backed fund Microfinance Growth Facility (MIGROF) worth US$250 million, which was created recently to support the growth of MFIs to refinance their lending activities to people with no access to main banks. Full story

Microfinance Focus, Aug. 22, 2009: There have been startling losses in microfinance institutions that have wandered too far from their original microfinance mission due to fierce competition or of profit-minded management, writes David MacDougall, Director of Risk Management at Swiss microfinance fund manager BlueOrchard. Servicing traditional microfinance clients is expensive because ... Full story