BlueOrchard to Boost Microfinance Investments in Asia
Ismail, N.

BlueOrchard Finance, which manages more than US$1 billion of microfinance investments, plans to triple its allocation to Asia to about a third of its global portfolio. It plans to make its first investment in China early next year and is exploring more projects in India, Melchior de Muralt, vice chairman of BlueOrchard Finance's board, said in an interview.

Chief Financial Officer Geert Roosen said BlueOrchard is also considering setting up an Asia-focused microfinance fund to invest in institutions that provide funding to the region's poor. BlueOrchard Finance manages about US$115 million of investments in South and Southeast Asia, of which Cambodia accounts for US$36 million.

Read Full Article

About Us  |  Contact Us  |  Partners  |  Help  |  Site Map  |  Terms and Conditions  |  Privacy Policy  |  Manage Subscriptions

© CGAP 2012 ALL RIGHTS RESERVED