NMI Fund III
- Active: Active
- Region: Global
- Country: Regional
- Sector: Microfinance
- Year: 2013
- Domicile: 0
- Instrument: Fund
- Commitment (MNOK) as of 31.12.2019: 184.0
- Original Commitment (MNOK): 184.0
Fund III invests in emerging microfinance institutions showing an ability to grow financially and achieve social goals.
The focus of NMI Fund III is on direct investments through equity (60%) or debt instruments (40%) in microfinance institutions (MFIs) in 11 countries in Africa and South and Southeast Asia.
Nordic Microfinance Initiative AS is the management company and General Partner to Fund III. NMI Fund III is the first NMI fund that the Danish development finance institution, IFU, invested in. Due to this, the original management company, Norwegian Microfinance Initiative AS changed its name to Nordic Microfinance Initiative AS.