Sarah Forster

A New Look at Microfinance Apexes

This paper reviews recent experience with apex facilities that support institutions delivering retail financial services to poor and low-income clients.

Foreign Capital Investment in Microfinance:

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.

Implementing the Client Protection Principles

This second edition reflects the developments in implementation and practices of the Client Protection Principles into investors’ policies and processes over the past year.

Foreign Capital Investment in Microfinance

Microfinance is experiencing an unprecedented investment boom. The past five years have seen remarkable increases in the volume of global microfinance investments. Between 2004 and 2006, the stock of foreign capital investment—covering both debt and equity—more than tripled to US$4 billion.