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Fusion Microfinance Pvt. Ltd. named Microfinance India’s Organization of the Year for 2014 (Medium & Small)

10 January, 2015: Fusion Microfinance Pvt. Ltd., a portfolio microfinance company in the NMI Frontier Fund, was named Microfinance India’s Organization of the Year (Medium & Small).

Microfinance India is a national level advocacy platform, initiated by ACCESS Development Services, spurned off to ACCESS-ASSIST, to engage various stakeholders and develop a comprehensive vision for the entire sector. This award aims to recognize and encourage smaller and upcoming MFOs, who have demonstrated the potential for growth and have exhibited the ability to establish strong processes along with efficient operations. NMI invested roughly 3 million dollars in February 2013, client outreach has grown almost 400% since NMIs initial investment.

Reisebrev fra India

november 2014: Reisebrev fra Ole Sandsbraaten, Økonomidirektør i NMI om hans opplevelser fra feltbesøk i India. NMI Fund III har investert  USD 5 millioner i mikrofinansinstitusjonen Satin Creditcare Network, New Delhi, India.

Hvordan bidrar investering i Mikrofinans til økt levestandard for klientene i utviklingsmarkeder?

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:

NMI Fund III KS invests USD 4.7 million through a share issue in Satin Creditcare Network Limited (“Satin”)

3 April 2014: The funding from NMI will contribute towards further branch expansion into underpenetrated regions in the poor, Northern part of India in order to reach more clients. Furthermore, the funding will contribute towards developing more products to enhance the quality of life for the clients, especially in the area of sanitation and health.

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