Membership
IAMFI serves current and potential commercially oriented microfinance investors. Given its goal to foster dialogue, transparency and consensus among industry actors, IAMFI welcomes limited partner investors, general partner investors and industry service providers as members. All members are important stakeholders and receive valued benefits. The following describes member types:
Limited Partner (LP): A current or potential investor who invests in an investment vehicle rather than investing directly in microfinance institutions.
General Partner (GP): A public or private entity that manages a fund or investment vehicle in which there are many other investors.
Service Provider (SP): An entity that helps advise, structure, consult or broker investments in the microfinance industry.
IAMFI maintains a membership dues schedule according to entity type. Institutional members include corporations, pension funds, endowments, foundations, family offices, asset managers, funds and other microfinance investment vehicles (MIVs), development financial institutions (DFIs), and industry support providers. Institutional members receive access to IAMFI’s password-protected web site section and other benefits for up to four employees. Individual member benefits are for the exclusive use of the registered member.
Membership is contingent upon IAMFI’s vetting process, which includes verification of prospects’ self-assessed member type, entity type and microfinance activity. Members affirm that they are or represent “qualified” investors.
Members likewise agree to abide by IAMFI’s member code of conduct. Dues are payable January 1 – December 31; after the first quarter dues are prorated on a quarterly basis. Membership in IAMFI will terminate whenever a member is 90 days in default of any dues or charges. The Board of Directors may terminate a member for good cause as permitted in the bylaws. In cases of member termination or resignation, the member will not receive dues reimbursement for the period of unused services.
Members are protected under IAMFI’s privacy policy, and are treated based on IAMFI’s values of integrity, transparency, independence, sustainability, inclusion and action orientation.
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