About NMI

NMI Guiding Principles

• Pragmatism and Flexibility. NMI will be a pragmatic and flexible investor. It will be creative, broad minded, and opportunistic when identifying and evaluating attractive investment opportunities and when structuring and managing its investments.

• Maximizing Development Impact and Social Performance. NMI will seek to maximize the Development Impact and Social Performance of its investments. It will emphasize particularly extending the outreach of its portfolio MFIs, assuring that these institutions reach greater scale and sustainability, and providing access to financial services to the "unbanked" poor. NMI will also focus on consumer protection and the broad social impacts of its investments.

• Fair Financial Returns. NMI will seek a fair financial return from its investments. It will balance its objectives for financial returns with its development and social objectives.

• Additionality and Complementarity. NMI investments will be additional and complementary to the investments of other private sector investors and to the investments of Development and International Finance Institutions. NMI will look for investment opportunities where NMI funding and Core Competencies provide particular added-value.

• Innovation and Risk Tolerance. NMI will support innovative MFIs and Microfinance Investment Vehicle (MIV) Managers as well as the development of new products, services, and delivery channels for MFIs. Because NMI emphasizes the importance of innovation and seeks to maximize Development Impact, NMI will accept considerable investment risk.

• Working with Strategic Partners. NMI will leverage its Core Competencies and its Comparative Advantages by working closely with a variety of Strategic Partners, particularly in the countries where NMI Frontier Fund will invest.