How Have Market Challenges Affected Microfinance Investment Funds?
Despite the global economic recession, total assets of the 10 largest Microfinance Investments Vehicles (MIVs) grew in 2011, reaching US$4 billion. During the year, MIVs continued to face many challenges, including increased credit risk in several...
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| Format: | Brief |
| Language: | English |
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Washington, DC: World Bank
2012
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| Online Access: | http://documents.worldbank.org/curated/en/2012/05/16541975/market-challenges-affected-microfinance-investment-funds http://hdl.handle.net/10986/9442 |
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okr-10986-94422021-04-23T14:02:45Z How Have Market Challenges Affected Microfinance Investment Funds? Glisovic, Jasmina Moretto, Louise AGRICULTURAL FINANCE ASSET MANAGERS ASSETS CAPACITY BUILDING CREDIT RISK DEBT DEBT INSTRUMENTS DEMAND FOR CAPITAL DEVELOPMENT FINANCE DEVELOPMENT FINANCE INSTITUTIONS DIVERSIFICATION ENTERPRISE FINANCE EQUITY FUNDS EQUITY INVESTMENTS EXCHANGE RATES EXPANSION EXPOSURES FINANCIAL ACCESS FIXED INCOME FOREIGN EXCHANGE FUND MANAGERS FUND PERFORMANCE GLOBAL PORTFOLIO GLOBAL PORTFOLIOS GROWTH RATE GROWTH RATES HEDGES HIGH INFLATION HIGH INTEREST RATES HOLDING HOLDING COMPANIES HOLDING COMPANY INDEBTEDNESS INFLATION INSTITUTIONAL INVESTORS INTEREST RATES INVESTING INVESTMENT FUND INVESTMENT FUNDS INVESTMENT MANAGERS INVESTMENT MARKET LOAN LOCAL CURRENCY LOCAL CURRENCY LOANS LOCAL MARKET LOW-INCOME COUNTRIES MARKET INTEREST MARKET INTEREST RATES MEDIUM ENTERPRISE MFI MFIS MICRO-CREDIT MICROFINANCE MICROFINANCE INSTITUTION MICROFINANCE MARKETS MULTILATERAL DEVELOPMENT PORTFOLIO PORTFOLIOS PRIVATE CAPITAL RECESSION RETAIL MARKET RETURN RETURNS RISK PREMIUM RURAL MARKETS SMALL ENTERPRISE SMALL ENTERPRISES SOCIAL PERFORMANCE STARTUPS TOTAL MARKET TRANSPARENCY VOLATILITY WORLD MARKETS Despite the global economic recession, total assets of the 10 largest Microfinance Investments Vehicles (MIVs) grew in 2011, reaching US$4 billion. During the year, MIVs continued to face many challenges, including increased credit risk in several markets and lower returns, but the overall investment market was more active than in 2010, with renewed capital appetite from most microfinance services providers and more focus on underserved markets. Overall, lower fund returns since 2009 reflect lower market interest rates, higher loan loss provisions, and increased competition for placement of funds, especially in several saturated markets. 2012-08-13T08:36:23Z 2012-08-13T08:36:23Z 2012-05 http://documents.worldbank.org/curated/en/2012/05/16541975/market-challenges-affected-microfinance-investment-funds http://hdl.handle.net/10986/9442 English CGAP Brief CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Washington, DC: World Bank Publications & Research :: Brief Publications & Research |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English |
| topic |
AGRICULTURAL FINANCE ASSET MANAGERS ASSETS CAPACITY BUILDING CREDIT RISK DEBT DEBT INSTRUMENTS DEMAND FOR CAPITAL DEVELOPMENT FINANCE DEVELOPMENT FINANCE INSTITUTIONS DIVERSIFICATION ENTERPRISE FINANCE EQUITY FUNDS EQUITY INVESTMENTS EXCHANGE RATES EXPANSION EXPOSURES FINANCIAL ACCESS FIXED INCOME FOREIGN EXCHANGE FUND MANAGERS FUND PERFORMANCE GLOBAL PORTFOLIO GLOBAL PORTFOLIOS GROWTH RATE GROWTH RATES HEDGES HIGH INFLATION HIGH INTEREST RATES HOLDING HOLDING COMPANIES HOLDING COMPANY INDEBTEDNESS INFLATION INSTITUTIONAL INVESTORS INTEREST RATES INVESTING INVESTMENT FUND INVESTMENT FUNDS INVESTMENT MANAGERS INVESTMENT MARKET LOAN LOCAL CURRENCY LOCAL CURRENCY LOANS LOCAL MARKET LOW-INCOME COUNTRIES MARKET INTEREST MARKET INTEREST RATES MEDIUM ENTERPRISE MFI MFIS MICRO-CREDIT MICROFINANCE MICROFINANCE INSTITUTION MICROFINANCE MARKETS MULTILATERAL DEVELOPMENT PORTFOLIO PORTFOLIOS PRIVATE CAPITAL RECESSION RETAIL MARKET RETURN RETURNS RISK PREMIUM RURAL MARKETS SMALL ENTERPRISE SMALL ENTERPRISES SOCIAL PERFORMANCE STARTUPS TOTAL MARKET TRANSPARENCY VOLATILITY WORLD MARKETS |
| spellingShingle |
AGRICULTURAL FINANCE ASSET MANAGERS ASSETS CAPACITY BUILDING CREDIT RISK DEBT DEBT INSTRUMENTS DEMAND FOR CAPITAL DEVELOPMENT FINANCE DEVELOPMENT FINANCE INSTITUTIONS DIVERSIFICATION ENTERPRISE FINANCE EQUITY FUNDS EQUITY INVESTMENTS EXCHANGE RATES EXPANSION EXPOSURES FINANCIAL ACCESS FIXED INCOME FOREIGN EXCHANGE FUND MANAGERS FUND PERFORMANCE GLOBAL PORTFOLIO GLOBAL PORTFOLIOS GROWTH RATE GROWTH RATES HEDGES HIGH INFLATION HIGH INTEREST RATES HOLDING HOLDING COMPANIES HOLDING COMPANY INDEBTEDNESS INFLATION INSTITUTIONAL INVESTORS INTEREST RATES INVESTING INVESTMENT FUND INVESTMENT FUNDS INVESTMENT MANAGERS INVESTMENT MARKET LOAN LOCAL CURRENCY LOCAL CURRENCY LOANS LOCAL MARKET LOW-INCOME COUNTRIES MARKET INTEREST MARKET INTEREST RATES MEDIUM ENTERPRISE MFI MFIS MICRO-CREDIT MICROFINANCE MICROFINANCE INSTITUTION MICROFINANCE MARKETS MULTILATERAL DEVELOPMENT PORTFOLIO PORTFOLIOS PRIVATE CAPITAL RECESSION RETAIL MARKET RETURN RETURNS RISK PREMIUM RURAL MARKETS SMALL ENTERPRISE SMALL ENTERPRISES SOCIAL PERFORMANCE STARTUPS TOTAL MARKET TRANSPARENCY VOLATILITY WORLD MARKETS Glisovic, Jasmina Moretto, Louise How Have Market Challenges Affected Microfinance Investment Funds? |
| relation |
CGAP Brief |
| description |
Despite the global economic recession,
total assets of the 10 largest Microfinance Investments
Vehicles (MIVs) grew in 2011, reaching US$4 billion. During
the year, MIVs continued to face many challenges, including
increased credit risk in several markets and lower returns,
but the overall investment market was more active than in
2010, with renewed capital appetite from most microfinance
services providers and more focus on underserved markets.
Overall, lower fund returns since 2009 reflect lower market
interest rates, higher loan loss provisions, and increased
competition for placement of funds, especially in several
saturated markets. |
| format |
Publications & Research :: Brief |
| author |
Glisovic, Jasmina Moretto, Louise |
| author_facet |
Glisovic, Jasmina Moretto, Louise |
| author_sort |
Glisovic, Jasmina |
| title |
How Have Market Challenges Affected Microfinance Investment Funds? |
| title_short |
How Have Market Challenges Affected Microfinance Investment Funds? |
| title_full |
How Have Market Challenges Affected Microfinance Investment Funds? |
| title_fullStr |
How Have Market Challenges Affected Microfinance Investment Funds? |
| title_full_unstemmed |
How Have Market Challenges Affected Microfinance Investment Funds? |
| title_sort |
how have market challenges affected microfinance investment funds? |
| publisher |
Washington, DC: World Bank |
| publishDate |
2012 |
| url |
http://documents.worldbank.org/curated/en/2012/05/16541975/market-challenges-affected-microfinance-investment-funds http://hdl.handle.net/10986/9442 |
| _version_ |
1764409370780631040 |