This investment was made under a previous strategy. We disclose information on all our current investments, but narrative information on our pre-2012 investments, when we introduced a new strategy, may be limited.
Since 2012, we’ve only invested in Africa and South Asia. Investments outside these regions are from our pre-2012 portfolio.
- Rest of the World
We have seven priority sectors. However, we continue to invest outside these sectors, largely in the most challenging regions, as new investment supporting any sector helps to underpin the private sector, and create jobs and livelihoods for people. For funds, the sectors listed here are those the fund has invested in so far.
- Construction and real estate, Financial services
- Investment type
We provide capital in three broad ways: direct equity, debt, and intermediated equity (principally through investment funds).
- Intermediated investment
- Fund manager:
- MicroVest GMG Capital Management
- Start date
For direct investments, this is the date CDC committed capital to the business or project.
For funds, this is the date that CDC committed capital to the fund.
For underlying fund investments, this is the date that the fund invested capital into the business.e
- October 2007
For direct investments, this is the total amount that CDC has committed to the business or project (it may be a combination of equity and debt).
For funds, this is the total amount that CDC has committed to the fund.
This is the investee company’s place of incorporation; or a fund’s jurisdiction.
- Cayman Islands
Investments made by this fund
|Investment name||Country||Region||Sector||Start date||Status|
| Access Bank Tanzania|
AccessBank Tanzania is a bank that provides microfinance products, and is held by the Access Holdings (Microfinance) Group.
|Tanzania||Africa, East Africa||Financial services||July 2007||Active|
| Blue Financial Services|
Blue Financial Services is a leading microfinance provider operating across 13 African countries.
|South Africa||Africa, Southern Africa||Financial services||January 2008||Active|
| Advans Cameroon|
Advans Cameroon provides microfinance loans to micro, small and medium sized enterprises in Cameroon.
|Cameroon||Africa, Central Africa||Financial services||September 2008||Active|
| Advans Ghana|
Advans Ghana provides microfinance loans to micro, small and medium sized enterprises in Ghana.
|Ghana||Africa, West Africa||Financial services||September 2008||Active|
| Advans Cote d’Ivoire|
Advans Côte d Ivoire provides microfinance loans to micro, small and medium sized enterprises in Côte d Ivoire.
|Cote d'Ivoire||Africa, West Africa||Financial services||June 2009||Active|
| Casas Uru|
CasasUru is a real estate development company in Uruguay focused on providing integral affordable and innovative housing solutions. Casas URU develops, builds and finances housing projects located in urban and suburban areas in different cities in Uruguay.
|Uruguay||Rest of the World||Construction and real estate||June 2013||Active|
AMK Microfinance Institution Plc is one of Cambodia's leading MFIs. It has branches in every province throughout Cambodia and almost 400,000 customers. It provides a range of tailored microfinance services from multiple individual and group loans to savings and deposit products.
|Cambodia||Rest of the World||Financial services||December 2013||Active|
| Bayport Management|
Bayport Management is a leading provider of unsecured credit and financial solutions to the formally employed large markets in Africa, including Zambia, Ghana, Uganda, Tanzania, Botswana, South Africa and Mozambique and Latin America.
|Africa||Financial services||December 2013||Active|
Serfindata is a microfinance institution based in Colombia.
|Colombia||Rest of the World||Financial services||December 2013||Active|
| TBC Leasing|
TBC Leasing was established in 2003 and has over 450 clients across Georgia. The list of TBCL clients includes medical, printing, transportation companies, the food and processing industry as well as some agricultural companies in Georgia.
|Georgia||Rest of the World||Financial services||December 2013||Active|
Astor is a microfinance institution based in Mexico.
|Mexico||Rest of the World||Financial services||July 2014||Active|
| OTI – Serbia|
OTI Serbia is a microfinance company which is part of the Opportunity International network providing microfinance products and services in Serbia and Montenegro.
|Montenegro, Serbia||Rest of the World||Financial services||October 2014||Active|
| TPC Cambodia|
Thaneakea Phum (Cambodia) Ltd is a rapidly growing regulated microfinance institution with a focus on serving entrepreneurs and families at the base of the socio-economic pyramid.
|Cambodia||Rest of the World||Financial services||March 2015||Active|
The Microvest GMG Local Credit Fund seeks to finance scalable, sustainable and ethically managed financial institutions that serve low income working populations.
|Montenegro, Serbia||Rest of the World||Financial services||June 2015||Active|
| Lenka Capital|
Lenka Capital is a special purpose vehicle and wholly-owned subsidiary of the Microvest GMG Local Credit Fund.
|Rest of the World||Financial services||June 2015||Active|
| Banco Procredit|
Banco ProCredit is a commercial providing services to small and medium enterprises and private customers in Ecuador.
|Ecuador||Rest of the World||Financial services||December 2015||Active|
Based in Bangalore, Varthana provides loans and support to affordable private schools.
|India||South Asia||Financial services||December 2015||Active|
| IM Poland|
IMPoland is a microfinance institution.
|Poland||Rest of the World||Financial services||March 2016||Active|
| MFX LLC|
MFX LLC is capitalised by microfinance organisations and foundations.
|Rest of the World||Financial services||March 2016||Active|
| Sunrise Bosnia|
Sunrise is a microfinance institution, established in 2006, based in Bosnia and Herzegovina. It has played a vital role in transforming the economy of the country by offering small loans to help start new businesses.
|Bosnia & Herzegovina||Rest of the World||Financial services||April 2016||Active|
ACLEDA Bank is a Cambodia-based commercial bank specialising in microfinance, also operating in Laos and Myanmar.
|Cambodia||Rest of the World||Financial services||June 2016||Active|
Unifin is a financial institution based in Mexico.
|Mexico||Rest of the World||Financial services||June 2016||Active|
|Jardin Azuayo||Ecuador||Rest of the World||Financial services||March 2017||Active|