Microfinance is a field that has received increasing attention over the years to the development community. It consists of the provision of financial services to the public are excluded from the traditional banking institutions. For many years, much of the work has been done on issues such as credit and savings methodology. However, the emphasis switched in recent years to the institutional stability by maximizing the commercialization of microfinance. A key component of the commercialization of microfinance is to mobilize funds from the money and capital markets in order to reduce dependence on donors and government and improve financial intermediation microfinance institutions. One of the most innovative ways to raise funds for micro-credit through the creation of microfinance funds to channel investments in the capital markets or microfinance institutions in the form of loans, guarantees, or - at least - to equity. BlueOrchard Finance was the main actor in this area through the management of Dexia Microcredit Fund (DMCF). HKS Case Number 1762.0 "Hide
by Jean-Philippe de Schrevel, Mark Labie, Guy Stuart 7 pages. Publication Date: June 1, 2004. Prod. #: HKS088-PDF-ENG