Perspectives from the Council of Microfinance Equity Funds
The Council of Microfinance Equity Funds is a group of private equity funds with joint social and financial missions that invest in microfinance institutions (MFIs). This article discusses the role of equity finance in the microfinance industry. It categorizes the types of funds andtheir varying objectives and describes the typical MFI being invested in. Drawing on the deliberations that have taken place at council meetings, this article identifies key issues confronting the microfinance field as it begins to incorporate these new players, such as how these players affect
governance, whether the funds are financially viable and whether the funds can help develop a local investor market.
their varying objectives and describes the typical MFI being invested in. Drawing on the deliberations that have taken place at council meetings, this article identifies key issues confronting the microfinance field as it begins to incorporate these new players, such as how these players affect
governance, whether the funds are financially viable and whether the funds can help develop a local investor market.
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