Triodos, Accion, and FMO announce a joint equity stake in Dawn Microfinance
Having been closed off for 40 years, Myanmar has undergone recent reform and is once again experiencing economic growth and is being touted as the "final frontier" by The Economist. The country is slowly opening up to the outside world, which makes it an attractive investment opportunity for foreign investors, both financially and socially. To catalyse the microfinance sector in Myanmar using sustainable principles, Triodos Investment Management, FMO, and American impact investor Accion have joined together to further develop Dawn Microfinance into a leading, for-profit MFI. The three co-investors own 100% of Dawn Microfinance. Three funds managed by Triodos Investment Management (Triodos Fair Share Fund, Triodos Sustainable Finance Foundation, and Triodos Microfinance Fund) jointly hold a 30% equity stake.
For more information click here