Microfinance Investors Adjust Strategy in Tougher Market Conditions

Glisovic, Jasmina ; Reille, Xavier

Washington, DC: World Bank

关键词: ACCOUNTING;    ASSET GROWTH;    ASSET MANAGEMENT;    ASSET MANAGERS;    BASIS POINTS;   

RP-ID  :  63625

学科分类：社会科学、人文和艺术（综合）

来源: World Bank Open Knowledge Repository

【 摘 要 】

Microfinance Investment Vehicles (MIVs)in 2010 are confronting the most challenging investmentenvironment since the 1990s. Over the past two years,microfinance investors witnessed a handful of debt defaultsand a major slowdown in demand for capital from microfinanceinstitutions (MFIs) a sharp contrast after the heady marketgrowth experienced in previous years. However, MIVs continueto grow and earn positive returns. This brief presents themajor trends within the MIV sector to emerge from thisyear's Consultative Group to Assist The Poorest (CGAP)MIV survey, powered by Symbiotic. It also highlights thegrowing commitment among MIVs to sound environment, social,and governance (ESG) practices. The last section discussesMIV challenges and prospects.