Norwegian Microfinance Initiative AS

Overview

Norwegian Microfinance Initiative AS is a Norwegian investment company that provides financing to microfinance institutions in developing countries to promote financial inclusion and economic development. The company focuses on investing in institutions that build financial inclusion in Africa and Asia, aiming to empower individuals and create jobs, wealth, and economic and social sustainability in these regions. Norwegian Microfinance Initiative AS is a Norwegian limited liability company within the industry of fund management activities. It was incorporated on July 13, 2016, and registered on October 1, 2016. In 2022, the company reported a net income of NOK 5,375,000, total equity of NOK 113,098,000, and total assets of NOK 114,439,000. The company's mission is to contribute to the empowerment of poor people and to the creation of jobs, wealth, and economic and social sustainability in developing countries by investing in and supporting microfinance institutions. Norwegian Microfinance Initiative AS is registered with The Financial Supervisory Authority of Norway as an Alternative Investment Fund Manager (AIFM). The NMI Funds are not subject to supervision from The Financial Supervisory Authority of Norway. The company has offices in Oslo (HQ), Copenhagen, Delhi, and Nairobi. Norwegian Microfinance Initiative AS is an innovative strategic partnership between the Norwegian public and private sectors that invests in microfinance institutions in developing countries and provides professional assistance and technical support for these institutions.

Investment Focus

• Focus on financial inclusion
• Targeting developing countries in Africa and Asia
• Investing in microfinance institutions
• Providing professional assistance and technical support to investee institutions