Commercial microfinance: local action and global thinking.

Microfinance is growing considerably as a market niche for commercial banks all over the world. Investment funds are being created, the microfinance funds universe is blooming. Together with non commercial funds provided by NGOs and development agencies, several commercial and commercially oriented funds are being formed.

The most recent one is related to the Morgan Stanley Microfinance Institutions Group (MFIG), which will provide a wide range of investment banking services to MFIs, networks and other market participants. The services will range from debt and equity capital to corporate advice, risk management, foreign exchange and derivative products. It will also structure and distribute microfinance investment funds (source: CGAP).

For additional information on the microfinance funds universe, we suggest visiting the Microcapital website.