NMI Fund III announced the disbursement of USD 1.1 Million in the form of a Senior Loan to PT. Bina Artha Ventura ("Bina Artha"). Bina Artha is a fast-growing microfinance institution in Indonesia serving more than 150,000 mostly female clients.
Foreign Minister Børge Brende participated in the launch of Nordic Microfinance Initiative (NMI). This is a new Nordic cooperation between Norwegian private investors and the state investment funds of Norfund from Norway and "Investeringsfonden for Udviklingslande" (IFU) from Denmark.