NMI Frontier Fund

  • Active: Active
  • Region: Global
  • Country: Regional
  • Sector: Microfinance
  • Year: 2008
  • Domicile: Norway
  • Instrument: Fund
  • Commitment (MNOK) as of 31.12.2019: 54.6
  • Original Commitment (MNOK): 71.9

NMI Frontier Fund has invested primarily in emerging MFIs both directly and through MIVs. The fund is fully invested.

NMI Frontier Fund invests primarily in micro-financing institutions directly, in selected focus countries in Southern Asia and sub-Saharan Africa. Total assets amount to NOK 260 million. NMI invests equity capital as well as loans in smaller, innovative micro-financing institutions. NMI Frontier Fund has the highest risk profile of all NMI funds.

Indirect investments

Investee Sector Country
Belstar Investment and Finance Private Ltd Microfinance India
FEFISOL Microfinance Regional
Fusion Microfinance Microfinance India
Goodwell West Africa Microfinance Dev Co Microfinance Regional
Grooming Centre Microfinance Nigeria
LOLC Micro Credit Ltd Microfinance Sri Lanka
MicroCred Senegal Sa Microfinance Senegal
Progression East African Microfinance Equity Fund Microfinance Regional
Utkarsh Microfinance Private Ltd Microfinance India

Norfund - The Norwegian Investment Fund for Developing Countries

Fridtjof Nansens Plass 4
N-0160 Oslo

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