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Foreign capital investment in microfinance : reassessing financial and social returns : Inversion extranjera de capital en microfinanzas: reevaluacion de los beneficios sociales y los financieros (Español)

Despite the financial crisis, in the past four years foreign investment in microfinance, including both debt and equity, has quadrupled to reach US$13 billion. This growth has been driven as much by public institutions as by an increasing number of private institutional and retail investors. Indeed, microfinance investing has become the flagship of the rapidly growing impact investment movement. This focus note examines foreign investment in microfinance...
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