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FINCA Microfinance Fund B.V.

FINCA Microfinance Fund B.V. Launched in November 2009 in partnership with FINCA International, one of the largest microfinance networks globally

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FINCA Microfinance Fund B.V.

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  1. FINCA Microfinance Fund B.V. • Launched in November 2009 in partnership with FINCA International, one of the largest microfinance networks globally • FINCA International was founded in 1985 by John Hatch, who pioneered the village banking methodology to allow access to credit to low income entrepreneurs • Experienced management team and staff, with over 6,000 employees across the globe and affiliates in 21 countries • Low average loan sizes (network wide average: $503) and swift recent portfolio growth • $21.2 mm invested in seven MFIs (FINCA affiliates): Armenia, Azerbaijan, DRC, Georgia, Kyrgyzstan, Mexico, Tajikistan • MFIs looking to raise qualifying Tier 2 capital for MFIs seeking to expand geographically and develop deposit-taking programs

  2. FINCA Microfinance Fund B.V. • Structured, placed and managed by Deutsche Bank’s Community Development Finance Group • Closed end subordinated debt fund with term of seven years • Commercial interest rates, fixed on both ends • SPV domiciled in the Netherlands • Included several first-time investors in microfinance and no development agency funding • Layered risk structure to accommodate varying risk appetites • Was about 100% oversubscribed • Investors interested in being involved with FINCA, impressed by its social mission but strong financial performance FINCA Fund Capital Structure Typical DB Microfinance Fund Structure

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