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MicroCred completes the sale of its Mexican operations to Creation Investments’ Portfolio Company Aspire

MicroCred completes the sale of its Mexican operations. . Paris, June 7th, 2010 . On June 4th, the MicroCred Group completed the successful sale of its Mexican operations. MicroCred concluded an agreement with Fig Tree Ventures (a management company of microfinance institutions based in the US) on the sale of MicroCred Mexico. The transaction includes …
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With Impact Investing, a Focus on More Than Returns

With Impact Investing, a Focus on More Than Returns . By PAUL SULLIVAN . The very phrase “impact investing” sounds rapacious, but it is an emerging hybrid of philanthropy and private equity that proponents say is about to become more widespread. It is also something that has some very rich people intrigued. . “It’s filling …
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Elisabeth Rhyne: Why are microfinance interest rates so high?

Elisabeth Rhyne: Why are microfinance interest rates so high? . May 28, 2010 . Americans often suffer sticker shock when they hear about interest rates charged in international microfinance. At annualized rates above 20 percent, most Americans start getting uncomfortable, and when they hear that in some places annual rates rise as high as 100 …