Publication: Microfinance Investors Adjust Strategy in Tougher Market Conditions
Date
2010-10
ISSN
Published
2010-10
Author(s)
Glisovic, Jasmina
Reille, Xavier
Abstract
Microfinance Investment Vehicles (MIVs)
in 2010 are confronting the most challenging investment
environment since the 1990s. Over the past two years,
microfinance investors witnessed a handful of debt defaults
and a major slowdown in demand for capital from microfinance
institutions (MFIs) a sharp contrast after the heady market
growth experienced in previous years. However, MIVs continue
to grow and earn positive returns. This brief presents the
major trends within the MIV sector to emerge from this
year's Consultative Group to Assist The Poorest (CGAP)
MIV survey, powered by Symbiotic. It also highlights the
growing commitment among MIVs to sound environment, social,
and governance (ESG) practices. The last section discusses
MIV challenges and prospects.
Citation
“Glisovic, Jasmina; Reille, Xavier. 2010. Microfinance Investors Adjust Strategy in Tougher Market Conditions. CGAP Brief. © Washington, DC: World Bank. http://openknowledge.worldbank.org/entities/publication/ee8551ab-5574-5910-bb78-45e78eeaa5db License: CC BY 3.0 IGO.”