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Microcredit as an Asset Class:Structured Microfinance

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Abstract

Microfinance is perceived as evolving from philanthropy to an investment opportunity, with a potential growth of funds into microfinance institutions (MFIs). Microfinance investors are either commercially or socially motivated. Commercial investors comprise investment funds, individual investors (including high networth individuals), and financial institutions. Socially motivated investors expect that their investments will provide social benefits to specified target groups or activities, while achieving sustainable financial returns. These investors include donor organizations, development finance and international finance institutions, and private investors.

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Dorfleitner, G., Leidl, M., Priberny, C. (2011). Microcredit as an Asset Class:Structured Microfinance. In: Köhn, D. (eds) Mobilising Capital for Emerging Markets. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-540-92225-4_12

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  • DOI: https://doi.org/10.1007/978-3-540-92225-4_12

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  • Online ISBN: 978-3-540-92225-4

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