The State of Microfinance Investment 2011: MicroRate’s 6th Annual Survey and Analysis of MIVs

This is a Microlinks community contribution.

The State of Microfinance Investment 2011 surveys microfinance investment vehicles (MIVs) to highlight the trends and outlook for the industry. Based on interviews with executives of the major microfinance investment funds and a survey of the 101 active MIVs, this report examines the key factors that affected the microfinance fund market in 2010 and the trends that are likely to drive growth in 2011 and beyond.

This report builds on data collected since 2005 and introduces a new feature, interviews with leading MIV managers. MicroRate interviewed several MIV executives and portfolio managers to get their outlook on a variety of issues including what they considered to be the key factors that affected performance in 2010 and their outlook for 2011/2012. These insights are meant to provide a richer and more complete picture of the forces and issues that are driving markets.