Download or read book Microfinance Investment Funds written by Ingrid Matthäus-Maier and published by Springer Science & Business Media. This book was released on 2006 with total page 322 pages. Available in PDF, EPUB and Kindle. Book excerpt: Microfinance spans the range of finance, from the most simple enterprise to the complexity of capital markets. KfW actively promotes microfinance investment funds and other activities that facilitate the growth of microfinance. This book is an expression of KfW's role as information broker and trend setter. It offers a comprehensive range of perspectives and themes related to microfinance investment and its promotion.

Download or read book New Partnerships for Innovation in Microfinance written by Ingrid Matthäus-Maier and published by Springer Science & Business Media. This book was released on 2008-04-01 with total page 387 pages. Available in PDF, EPUB and Kindle. Book excerpt: Microfinance has experienced dynamic development. Today, microfinance providers reach close to 100 million clients worldwide and are growing fast. New partnerships expand the impact of microfinance even further. Three types of partnerships are examined in this book, each consisting of a thematic pillar. Pillar I focuses on equity investments in microfinance, especially the possibilities for engaging private investors through structured microfinance investment funds. Rating agencies are involved in providing more transparency in this emerging fund industry. Pillar II focuses on collaboration among microfinance providers, governments, private investors and technology companies which help microfinance institutions to integrate new technologies into their business models, reducing cost and increasing outreach to clients. Pillar III covers micropensions, microinsurance and the role of securitisation for the future of microfinance.

Download or read book Microfinance Investment Funds written by Ingrid Matthäus-Maier and published by Springer. This book was released on 2007-06-14 with total page 291 pages. Available in PDF, EPUB and Kindle. Book excerpt: Microfinance spans the range of finance, from the most simple enterprise to the complexity of capital markets. KfW actively promotes microfinance investment funds and other activities that facilitate the growth of microfinance. This book is an expression of KfW's role as information broker and trend setter. It offers a comprehensive range of perspectives and themes related to microfinance investment and its promotion.

Download or read book Investing Into Microfinance Investment Funds written by B. N. Rath and published by . This book was released on 2010 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Microfinance Investment Funds written by Maria Cristina De Lorenzo and published by Ibidem Press. This book was released on 2011 with total page 120 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the traditional financial system, profit and social solidarity have often represented a dichotomy hard to beat. In this scenario, the Microfinance Investment Vehicles (MIVs) are emerging as tools to build a bridge between private and social interests, increasingly in recent years, despite the fact that the world economy has been shaken by a strong global recession.After clarifying the often confused meaning of MIVs, Maria Cristina De Lorenzo utilises financial indicators like returns, Jensen's alpha, Sharpe Index, Treynor Index, Beta, R-Squared to analyse the performance and the risk of a sample of ten MIVs over the last three years. She compares the results obtained to three benchmarks representing the overall equity market (Morgan Stanley Capital International World Index), the socially responsible investment market (Dow Jones Sustainability World Index), and the emerging bond market (J.P. Morgan Emerging Market Bond Index Global). Her study demonstrates that, in general, MIVs outperformed the benchmarks. They can successfully improve portfolio diversification because there is no positive correlation with broader markets (Beta parameters are next to zero).Ultimately, De Lorenzo aims to provide ways of research defining standard indicators of social performance associated with such investments in order to reinforce the idea that ethically and socially responsible funds are both a great financial and social opportunity for all involved.

Download or read book Microfinance investments an investor s guide to financing the growth and wealth creation of small enterprises and low income households in emerging economies written by Roland Dominicé and published by . This book was released on 2012 with total page 120 pages. Available in PDF, EPUB and Kindle. Book excerpt: "This book offers investors an in-depth guide to understanding the microfinance investment value chain and its benefits. It aims to increase the awareness of this growing asset class among traditional investors by providing a detailed review of the current state of the industry. The book focuses on the two key intermediaries linking investors and small enterprises: financial institutions and investment funds, covering their respective markets, models, risks, performance and impact. By describing their dynamics, strengths and weaknesses, it helps the investor to better grasp the elements of choice when deciding to add microfinance in his portfolio."--Preface.

Download or read book Hometown Investment Trust Funds written by Naoyuki Yoshino and published by Springer Science & Business Media. This book was released on 2013-03-21 with total page 104 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book records the first success stories of a new form of financial intermediation, the hometown investment fund, that has become a national strategy in Japan, partly to meet the need to finance small and medium-sized enterprises (SMEs) after the devastating earthquake and tsunami in March 2011. The hometown investment fund has three main advantages. First, it contributes to financial market stability by lowering information asymmetry. Individual households and firms have direct access to information about the borrowing firms, mainly SMEs, that they lend to. Second, it is a stable source of risk capital. The fund is project driven. Firms and households decide to invest by getting to know the borrowers and their projects. In this way the fund distributes risk but not so that it renders risk intractable, which was the problem with the “originate and distribute” model. Third, it contributes to economic recovery by connecting firms and households with SMEs that are worthy of their support. It also creates employment opportunities, at the SMEs as well as for the pool of retirees from financial institutions who can help assess the projects. Introduction of the hometown investment fund has huge global implications. The world is seeking a method of financial intermediation that minimizes information asymmetry, distributes risk without making it opaque, and contributes to economic recovery. Funds similar to Japan’s hometown investment fund can succeed in all three ways. After all, the majority of the world’s businesses are SMEs. The first chapter explains the theory behind this method, and the following chapters relate success stories from Japan and other parts of Asia. This book should encourage policymakers, economists, lenders, and borrowers, especially in developing countries, to adopt this new form of financial intermediation, thus contributing to global economic stability.

Download or read book Small Money Big Impact written by Peter A. Fanconi and published by John Wiley & Sons. This book was released on 2017-02-23 with total page 275 pages. Available in PDF, EPUB and Kindle. Book excerpt: Make your money make a difference—and enjoy attractive returns Small Money, Big Impact explores and explains the globally growing importance of impact investing. Today, the investor's perspective has become as important as the actual social impact. Based on their experience with over 25 million micro borrowers, the authors delve into the mechanics, considerations, data and strategies that make microloans and impact investing an attractive asset class. From the World Bank to the individual investor, impact investing is attracting more and more attention. Impact investing is a global megatrend and is reshaping the way people invest as pension funds, insurance companies, foundations, family offices and private investors jump on board. This book explains for the first time how it works, why it works and what you should know if you're ready to help change the world. Impact investing has proven over the last 20 years as the first-line offense against crushing poverty. Over two billion people still lack access to basic financial services, which are essential for improving their livelihood. Investors have experienced not only social and environmental impact, but have received attractive, stable and uncorrelated returns for over 15 years. This guide provides the latest insights and methodologies that help you reap the rewards of investing in humanity. Explore the global impact investing phenomenon Learn how microloans work, and how they make a difference Discover why investors are increasingly leaning into impact investing Consider the factors that inform impact investing decisions Part social movement and part financial strategy, impact investing offers the unique opportunity for investors to power tremendous change with a small amount of money— expanding their portfolios as they expand their own global impact. Microfinance allows investors at any level to step in where banks refuse to tread, offering opportunity to those who need it most. Small Money, Big Impact provides the expert guidance you need to optimize the impact on your portfolio and the world.

Download or read book Microfinance Investments in German Retail Banking written by Robert Schmitt and published by GRIN Verlag. This book was released on 2009-10 with total page 61 pages. Available in PDF, EPUB and Kindle. Book excerpt: Bachelor Thesis from the year 2009 in the subject Business economics - Investment and Finance, grade: 1.0, University of Applied Sciences - Bonn, language: English, abstract: Microfinance or the concept of providing small-sized loans to the unemployed poor through recent decades has transformed into an asset class that attracts commercially oriented investors from all over the world. While the majority of them still consist of institutional investors and high net worth individuals, large numbers of people who could potentially profit from a microfinance engagement lack access to appropriate investment products. Simultaneously, only a small fraction of the global funding demand of the microfinance industry is currently being met. This paper demonstrates that, for several reasons, German retail banking clients should be provided with opportunities to engage in this emerging asset class. It is shown that this client group not only can have a significant impact on poverty reduction by closing parts of the immense funding gap, but moreover it is able to gain advantages in terms of portfolio diversification from a microfinance engagement.

Download or read book Outlines and Highlights for Microfinance Investment Funds by Ingrid Matthaus Maier Isbn written by Cram101 Textbook Reviews and published by Academic Internet Pub Incorporated. This book was released on 2010-12 with total page 62 pages. Available in PDF, EPUB and Kindle. Book excerpt: Never HIGHLIGHT a Book Again! Virtually all of the testable terms, concepts, persons, places, and events from the textbook are included. Cram101 Just the FACTS101 studyguides give all of the outlines, highlights, notes, and quizzes for your textbook with optional online comprehensive practice tests. Only Cram101 is Textbook Specific. Accompanys: 9783540724230 .

Download or read book Commercial Investments and Mission Drift in Microfinance written by Marc Moser and published by Haupt Verlag AG. This book was released on 2013 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt: The microfinance sector has witnessed various controversies and criticisms recently as a consequence of its commercialization and the related involvement of international investors. Against this background, the qualitative case study reported on examines the perceptions of stakeholders from the Swiss microfinance investment network. How do the various investor-related stakeholder groups perceive the motivation to become engaged in microfinance, the mission drift issue and the current state and potentials of mutual value creation? The findings suggest that common ground on fundamental questions facilitates superior mutual value creation among the investigated stakeholders. Implications include the need for enhanced coordination between private and public stakeholders.

Download or read book Microfinance for Bankers and Investors Cases 4 Financing Models written by Elizabeth Rhyne and published by McGraw Hill Professional. This book was released on 2009-05-18 with total page 29 pages. Available in PDF, EPUB and Kindle. Book excerpt: The following chapter is from Microfinance for Bankers and Investors. Written in a non-academic, direct style, it is enhanced with detailed case studies that showcase innovative and entrepreneurial ventures into microfinance by some of the world's best-known corporations such as Citibank, Visa Inc. and Wal-Mart. The company-cases help bring microfinance to life, recounting the motivations that led these companies into inclusive finance, the opportunities, and the obstacles they saw and the results they have experienced so far.

Download or read book Can Investing Into Microfinance Investment Funds Reduce Portfolio Volatility written by Damien Durand and published by . This book was released on 2011 with total page 83 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The New Microfinance Handbook written by Joanna Ledgerwood and published by World Bank Publications. This book was released on 2013-02-12 with total page 534 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book methodically outlines all the considerations for increasing financial inclusion, with a particular focus on understanding the needs of poor households.

Download or read book Conversations And Empirical Evidence In Microfinance written by Phillip H Phan and published by World Scientific. This book was released on 2014-07-10 with total page 155 pages. Available in PDF, EPUB and Kindle. Book excerpt: Microfinance is regarded as a lynchpin in private sector solutions to a host of complex social challenges, from child labor, education, and women's rights, through to sustainable local economic development. The principle of self-help through capital accumulation in the US inner city looks similar to that of a Peruvian slum, and as practice has grown, so has the research. Conversations and Empirical Evidence in Microfinance is a curated conversation from a comprehensive review of the published literature, and is supported by theory and evidence from a wide range of disciplines such as philosophy, finance, public policy, and entrepreneurship.

Download or read book Ethical Investments and Microfinance Mutual Funds written by Marco Deiana and published by . This book was released on 2014 with total page 41 pages. Available in PDF, EPUB and Kindle. Book excerpt: Through this article, we discuss the importance of asset performance evaluation of microfinance investment vehicles (MIVs) in order to deeply understand the risk faced by microfinance investors and the relative benefit in terms of risk diversification. We also encourage the use of J.P. Morgan Emerging Market Bond Index as main benchmark for microfinance fixed income mutual funds.Using market data, we explore and analyze returns of MIVs and we show that microfinance, as an asset class, offers an adequate risk adjusted return and it is weakly correlated with global markets.In particular, our results show low correlation of MIVs during the subprime crisis in 2007 and global recession in 2008, a period where correlations among all others asset classes rose sharply.This particularity proves that investing in microfinance can offer protection during financial turmoil. Moreover, this paper shows that when we measure the performance of microfinance mutual fund we cannot disregard the social component, which should be carefully measured in order to avoid that poor performance are hidden though vague social goals.

Download or read book Communicating Social Performance written by Laura Hilber and published by . This book was released on 2012 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: The recent development of social investment funds has also given rise to microfinance funds. Microfinance funds are still at an early stage and standard regulatory guidelines have not yet been put in place, providing for a rocky road in conducting a sound analysis concerning social performance. Although many marketing techniques are used to attract private investors, microfinance is still a field more populated by institutional investors to diversify their portfolios, as microfinance funds exhibit lower volatility and their correlation to other asset classes is comparatively low. Shifting more of the asset allocation towards microfinance and increasing marketing to attract additional investors can help in creating a broader client base and thus more microfinance investments. By investing in microfinance, private investors are primarily interested in the social impact achieved, while financial return is secondary. In line with the outperformance hypothesis in the literature by Renneboog, Horst, and Zhang (2008), the hypothesis that microfinance funds can outperform conventional mutual funds is supported in the context of private investors. Investors investing in microfinance funds differ from investors investing solely in standard mutual funds.