The MEF closed the year with USD 669 million in total assets and a record outstanding net portfolio of USD 600 million invested in 118 MFIs across 44 countries. Set up as a public-private partnership the MEF combines an innovative and efficient structure with the expertise of four leading private investment advisors (BlueOrchard Finance AG, Incofin Investment Management, responsAbility Investments AG and Symbiotics SA) supervised by the Investment Committee and the Board of Directors. The low average loan amount per borrower (of USD 1,730) confirms that the activities of the MEF and its partner financial institutions serve predominantly the microfinance segment with a very strong outreach to women together with an increasing local currency funding progressively de-risking its financing of its partner institutions.
Since the inception of the Fund in 2009 Innpact has been central to the development of the MEF in supporting its Investment Advisors, Investment Committee and Board of Directors.
See more on www.mef-fund.com