IAMFI Members

 

Founding Members

DOEN Foundation

DOEN Foundation, established by the Dutch Postcode Lottery, works towards the achievement of a world in which everyone has a place. DOEN provides subsidies where necessary, and arranges loans and equity investments where possible, in its three themes of operation: combating the negative effects of human actions on climate change, stimulating an open society based on solidarity, and promoting new economy. Learn more about this member


Gray Ghost Ventures

Gray Ghost Ventures (“Gray Ghost”) is an impact investment firm dedicated to providing market-based capital solutions to entrepreneurs who are addressing the needs of low-income communities in emerging markets. An important objective of the firm’s strategy is the creation of demonstrable social impact while achieving long-term capital appreciation. As a forerunner in the microfinance industry the firm founded the Gray Ghost Microfinance Fund and co-founded 7 other microfinance investment vehicles. The firm has played a significant role in the promotion of impact investment globally, and its areas of work include: Microfinance, Social Venture Investment, and Affordable Private Schools. Learn more about this member


Gray Matters Capital

Gray Matters Capital co-creates initiatives and uses philanthropic capital to cultivate social ventures that provide transformative solutions for low-income communities in developing countries. Established in 2006, GMC identified a need in the marketplace to invest in the ecosystem by supporting services and businesses that help deliver financial services to the world’s underserved communities. Through microfinance and other infrastructure development initiatives, GMC successfully scaled its impact and efforts.  As a part of its mission to demonstrate the impact and range of investment worthy ventures that existed for the developing world, the Foundation invested a significant portion of its financial corpus in early stage enterprises that provided essential products and services to low-income communities in emerging markets.  

Learn more about this member

Omidyar Network

Omidyar Network is a philanthropic investment firm dedicated to harnessing the power of markets to create opportunity for people to improve their lives. Established in 2004 by eBay founder Pierre Omidyar and his wife Pam, the organization invests in and helps scale innovative organizations to catalyze economic, social, and political change. To date, Omidyar Network has funded for-profit companies and nonprofit organizations across multiple investment areas, including microfinance, property rights, government transparency, and social media. Learn more about this member

Plainfield Asset Management LLC

Plainfield Asset Management manages investment capital for institutions and high net worth individuals based in the United States and abroad.  Learn more about this member

Rockefeller Foundation
Since its establishment in 1913, the Rockefeller Foundation has sought to identify and attack at their source the underlying causes of human suffering. The Foundation pioneered the frontier of global philanthropy and continues to find and fund solutions to many of the world’s most intractable challenges.

The Rockefeller Foundation attempts to harness the creative forces of globalization, supporting breakthrough solutions to 21st century challenges. This is smart globalization: ensuring that the opportunities unleashed by globalization are accessible to more people, more fully, in more places — and that poor and vulnerable people are equipped to seize them. The Foundation operates both within the United States and around the world. The Foundation’s efforts are overseen by an independent board of trustees and managed by its president through a staff drawn from scholarly, scientific, and professional disciplines.
Learn more about this member

TIAA-CREF
As part of TIAA-CREF’s commitment to socially responsible investment, the organization’s Global Microfinance Investment Program makes investments to support microfinance activities, affordable housing in the United States and deposit programs in US-based Community Development Financial Institutions. Learn more about this member

Triodos Investment Management BV
Triodos Investment Management BV, part of the Triodos Bank Group, encourages professional, responsible and sustainable microfinance. Learn more about this member


Charter Members

Blue Orchard Finance USA
BlueOrchard provides innovative financial instruments and solutions for placements in microfinance, bridging the gap between capital markets and microfinance institutions. It seeks to generate profitable returns on investments while supporting the development of millions of promising small enterprises. BlueOrchard believes in creating value through long-term relationships by providing debt and equity to microfinance institutions in all stages of their development. It regards cooperation with them as the primary means to provide financial services to those who have few resources, thereby supporting financial and social integration worldwide.  Learn more about this member

Mary Rose Brusewitz

Learn more about this member (Sorry, No additional information at this time)

Greg Casagrande, Founder, SPBD Microfinance and MicroDreams
SPBD Microfinance is a privately held MFI network expanding throughout the South Pacific providing poor aspiring microentrepreneurs with a suite of microfinance products and services.  MicroDreams is an MFI financing vehicle providing debt, loan guarantees and equity investments into greenfield and very small emerging MFIs around the world.
Learn more about this member

Calvert Social Investment Foundation

Calvert Foundation is a nonprofit organization that provides everyday people the opportunity to achieve financial returns while investing in the potential of individuals and communities in the United States and around the world. Calvert Foundation believes in creating a win-win, improving both the lives of those who receive investment dollars and the lives of our investors. A pioneer in the social impact investment field, Calvert Foundation investors have helped to create over 450,000 jobs for low-income individuals, built or rehabilitated 17,000 affordable homes, and financed close to 27,000 nonprofit facilities and social enterprises. Learn more about this member


Co-operative Financial Services (CFS)

CFS is part of Co-operative Group, the world's largest consumer co-operative with over three million members. CFS currently has £39bn of assets under management across retail and corporate business, and is committed to being a leader in corporate responsibility. In 2007, the Bank agreed to commit $50 million to a new Microfinance Fund to invest in the senior tranches of MIVs. CFS remains the only UK financial services organization to have received the prestigious Queen’s Award for Sustainable Development. Learn more about this member


Developing World Markets

Developing World Markets (DWM) is a leading investment management firm at the forefront of a global effort to create investable solutions to meet the social and economic needs of the developing world. To date, DWM has structured over $850m transactions and has approximately $650m microfinance assets under management. DWM aims to achieve sustainable development through market-level financial returns for our investors and social returns in the developing world.

 

DWM is composed of a team with a deep commitment to development and socially responsible investing, backed by extensive experience in emerging markets and around the world in both the private and public sectors. The DWM team shares the passionate interest of its investors and partner institutions for providing innovative approaches to alleviate poverty at the bottom of the pyramid. Learn more about this member

Elevar Equity

Elevar is an investment management company that makes equity capital available to entrepreneurs providing products and services to the underserved 4 billion people in emerging economies like India, Mexico, Indonesia and the Philippines. Elevar focuses on entrepreneurs providing microfinance, financial and other services to customers at the base of the economic pyramid. Our companies understand that customer focus, innovation, growth, and profitability combine to create opportunity and prosperity in local communities. The Elevar philosophy, thus, revolves around investing for social and economic returns: returns based on open access for everyone to life changing services.

Elevar was founded by Chris Brookfield, Maya Chorengel, Sandeep Farias and Johanna Posada, a team that collectively has over 50 years of experience in venture capital, private equity, emerging market transactions and microfinance. Elevar manages the Unitus Equity Fund and Elevar Equity II (previously called Unitus Equity Fund II). Learn more about this member

Grassroots Capital Partners

Learn more about this member (Sorry, No additional information at this time)

HSBC

Learn more about this member (Sorry, No additional information at this time)

J.P.Morgan
J.P.Morgan’s Social Sector Finance unit leverages J.P.Morgan's products and skills to help bring financial services to microfinance and social enterprises around the world.  The unit’s efforts comprise capital markets, structured products and principal investments, and it seeks to achieve a double bottom line of social benefit and financial returns.
Learn more about this member

Janet McKinley
Learn more about this member (Sorry, No additional information at this time)

MicroCredit Enterprises
MicroCredit Enterprises is committed to reducing poverty by mobilizing private investment capital to finance micro-businesses of poor families throughout the developing world. Established in 2005, MicroCredit Enterprises gears its entrepreneurial results to produce jobs, sustain micro-businesses and improve human lives.  With an innovative guarantor-based funding strategy, MicroCredit Enterprises provides debt capital to microfinance institutions that are financially sustainable and that maintain a strong focus on their social mission.  MicroCredit Enterprises gives priority to microfinance institutions that serve a high percentage of deeply impoverished individuals and families, serve a high percentage of women, extend operations to rural communities and operate or provide linkages to comprehensive social services.  Learn more about this member

MicroFinanza Rating

MicroFinanza Rating is an independent private rating agency specialized in microfinance. Its mission is to provide professional and independent information about the financial and social performance and risk profile of microfinance institutions to the market. During 10 years of activity, MicroFinanza Rating has contributed strongly to the development and consolidation of internationally recognized microfinance rating standard methodologies and processes. MicroFinanza Rating offers a variety of products and services that meet the needs of microfinance institutions and investors. Learn more about this member

MicroVest

Learn more about this member (Sorry, No additional information at this time)

Minlam Asset Management
Minlam Asset Management LLC is an investment management firm providing sustainable financial solutions for institutions serving low-income communities, micro, small and medium enterprises in emerging markets. Minlam creates and manages financial products to address the increasing number of commercial opportunities in microfinance. Microfinance is the provision of diverse financial services to low-income entrepreneurs. Microfinance investments have a successful track record and represent an attractive investment opportunity with compelling social benefits for the four billion people that constitute the Base of the Economic Pyramid ("BOP").   

Minlam's team of professionals combines macroeconomic expertise with fundamental investment analysis to deliver local currency capital to microfinance institutions around the world. Minlam utilizes a global strategy to provide microfinance institutions with innovative customized local currency funding. Minlam performs detailed investment analysis to identify strong, sustainable microfinance partners. Minlam builds lasting relationships with our partners to support their long-term success and growth. Learn more about this member

Morgan Stanley

Morgan Stanley aims to be a trusted partner to corporate, investor and governmental clients on strategic issues related to socially-minded business ventures. By leveraging our core skills - financial analysis, capital markets intermediation and strategic advisory - we works with clients to analyze, structure and finance projects that contribute to society across a range of social issues. In particular, Morgan Stanley sees microfinance - serving institutions that provide financial services to microentrepreneurs globally - as an opportunity in the social finance space to leverage our commercial strengths in an emerging global business.  To date, Morgan Stanley has intermediated over $350 million of microfinance securities through several groundbreaking transactions. Learn more about this member

Norwegian Microfinance Initiative

The Norwegian Microfinance Initiative (NMI) is an innovative strategic partnership between the Norwegian public and private sectors that invests in MFIs in developing countries and provide professional assistance and technical support for these institutions. The mission of NMI is to contribute to the empowerment of poor people and to the creation of jobs, wealth, and economic and social sustainability in developing countries by investing in and supporting MFIs.

NMI makes its investments through two investment funds: NMI Global Fund and NMI Frontier Fund. The NMI Global Fund invests primarily in Microfinance Investment Vehicles (MIVs) managed by Established MIV Managers. The NMI Frontier Fund invests primarily in Emerging MFIs both directly and through MIVs through debt and equity.

Limited Partners of the NMI Frontier Fund and the NMI Global Fund include Norfund, DnBNOR, Ferd, KLP, and Storebrand. Total committed capital to the Funds is approximately USD 100 million. Financial support for the NMI Professional Assistance Facility is provided by Norad, the Norwegian Agency for Development Cooperation.Learn more about this member


Omidyar-Tufts Microfinance Fund

Omidyar-Tufts Microfinance Fund (OTMF) is an endowment gift from Pierre Omidyar, founder of eBay and co-founder of Omidyar Network with his wife, Pam; both are graduates of Tufts. OTMF is one of the largest institutional investors in the microfinance sector and it makes investments with the expectation of risk-appropriate financial returns.
Learn more about this member 

Triple Jump
Triple Jump provides capital and advisory services to microfinance institutions in all three stages of their development (emerging, expanding and mature). Established in 2006 as a spin-off of Oxfam-Novib, today Triple Jump manages a wide range of funds offering local and hard currency loans as well as equity, while providing an interesting return to investors. A separate foundation under the TJ umbrella, Triple Jump Advisory Services offers technical assistance to MFIs on a cost-sharing basis. Learn more about this member 

Back to Top