OPIC

Global Partnerships Closes US$ 20 Million Fund – To invest in 20 MFI’s

Posted on September 30th, 2010 in Global Partnerships, India Shares, Microfinance Latin America, Microfinance Private Equity, OPIC, Social Investment Fund 2010, World Vision Microfinance

global partnerships micro creditGlobal Partnerships (http://www.globalpartnerships.org), a non profit organisation that supports micro finance institutions announced today that it has closed its 4th social investment fund at US $20 million. Over the next five years, Social Investment Fund 2010 (SIF 2010) will provide much-needed loan capital to up to 20 select microfinance institutions (MFIs) in Latin America. “By investing in MFIs [...]

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Mimo Finance gets Rs 7 Crore debt from Unitus

Posted on June 29th, 2010 in Catalytics Debt, India Shares, MFI's in India, Mimo Finance, Mimo Microfinance, Mimoza Enterprises Finance, OPIC, Overseas Private Investment, Portfolio Expansion Loan, Unitus

Mimoza Enterprises Finance (Mimo Microfinance) a microfinance institution with operations in North India has availed Rs 7 crore ($1.5 million) debt facility from Unitus.The loan was extended from a $15 million catalytic debt facility created by Unitus along with Overseas Private Investment (Opic) and Citi for funding smaller MFIs in emerging microfinance markets. The loan [...]


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Citibank to lend US$ 250 Million through MFI’s in developing countries.

Posted on September 24th, 2009 in Citibank Microfinance, India Shares, MFI's in India, OPIC

US-based Overseas Private Investment Corporation has approved $ 250 million funding to Citibank to give loans to microfinance entities in emerging markets.

OPIC will risk participate in Citi originated and funded local currency loans to MFIs, which in turn make small loans to micro-borrowers in Africa, the Middle East, Asia, Eastern Europe and Latin America, a [...]

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