The Norwegian Microfinance Initiative (NMI) is an innovative strategic partnership between the Norwegian public and private sectors that will invest in microfinance institutions (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. Learn more
Knut Frigaard, a NMI Investment Director, recently wrote a short article on the day-to-day life of a microfinance Client in Kenya. Please note that this article is in Norwegian.
Knut Frigaard, Investeringsdirektør i NMI skrev en artikkel på KLP bloggen om den faktiske hverdagen for en mikrofinans klient i Kenya. Artikkelen i sin helhet følger her:
8 September 2014: In the August edition, the very inspiring success story of KWFT has been published, highlighting key milestones and plans for the Institution. In addition, four client testimonials have been included to inspire other entrepreneurs.
15 July 2014: RGVN (North East) Microfinance Limited, a microfinance institution headquartered in Guwahati, announced that it had closed its latest equity raise of INR 41.8 crore. NMI Fund III KS and Oikocredit came in as new investors in the institution.