Luxembourg Microfinance and Development Fund

Overview

The Luxembourg Microfinance and Development Fund (LMDF) is a social investment fund established in 2009 to contribute to poverty reduction through microfinance globally. It focuses on providing financial services to underserved populations, particularly micro-entrepreneurs in developing countries. LMDF aims to empower these individuals by offering access to essential financial products such as microcredit, savings accounts, money transfers, and micro-insurance. LMDF's investment strategy involves identifying and supporting promising microfinance institutions (MFIs) that serve low-income households. By refinancing these institutions, LMDF enhances their capacity to offer reliable and fair financial services to micro-entrepreneurs. The fund operates in frontier markets across Africa, Latin America, and Asia, targeting regions where responsible finance is most needed. Over the years, LMDF has financed 43 MFIs, impacting over 62,000 micro-entrepreneurs across 24 countries, with a significant focus on women. The average micro-loan provided is €1,952, totaling €44 million invested in microfinance. The fund's approach combines social impact with financial performance, aiming to create long-term value for all stakeholders involved.

Investment Focus

• Class B shares available for institutional investors
• Investment opportunities through major banks in Luxembourg

Portfolio Companies