Equity

Equity is one of the key instruments we offer to our investees in their development. This allows us to be more active in building strong financial institutions, for the benefit of the entrepreneurs we ultimately serve. And because we are longer-term value investors, we contribute to adding value by participating in the Supervisory Board. Along with our investees, we focus on preserving their (social) mission while working towards increased economies of scale. This can then help them to offer an increasing variety of efficiently priced products.

Offering Equity Actively Since 2006

Equity is one of the core instruments that we offer to assist our portfolio companies in their development. We have been offering equity actively since 2006 through the ASN-Novib Microcredit Fund. Our relationship with financial intermediaries normally starts with a loan or subordinated debt and develops over the years. As a shareholder we only take a minority stake. We believe in autonomous development and a diversified governance structure. With our investees, we focus on preserving their mission, while working towards increased economies of scale, which in turn can help the financial intermediary to offer an increasing variety of efficiently priced products including loans, savings, insurance, pensions and remittance services. To implement these types of products, one needs funding, time and expertise and as a shareholder, we are able to offer all of this.