MicroVest Short Duration Fund

Date: 2015

Asset Class: Private Debt

Description:  MicroVest lends to Responsible Financial Institutions who serve un- and under-banked end borrowers, primarily Micro, small and medium enterprises (MSMEs), in emerging and frontier markets. Responsible Financial Institutions are micro, small and medium sized financial institutions that pass MicroVest’s screen for financial stability, risk management, sound governance, and impact. Microvest provides low single digit returns to investors and quarterly liquidity.

Why We Invest: MSMEs are the lifeblood of the global economy. In emerging and frontier markets they drive nearly 40% of GDP and 70% of new job creation. And yet, across emerging and frontier markets, more than 130 million MSMEs face onerous constraints in accessing finance, leading to unmet growth potential and unfulfilled aspirations. MicroVest is working in over 30 countries to address this problem. Access to reasonable finance is critical to the success of these businesses and the livelihoods of those involved to help their communities thrive.