Fund Description
Próspero Microfinanzas Fund was formed by Grassroots Capital Management and Bolivian Investment Management (BIM) or the purpose of making equity and equity-like investments in early and intermediate stage MFIs in Latin America and the Caribbean.
Fund Mission
To provide a competitive financial return to its investors while creating a positive social impact by making equity and equity-like investments in microfinance institutions in Latin America and the Caribbean.
Vintage Year
2010
Geographic and Industry Investment Targets
Target Industry
Financial & insurance activities
Target Industries Description
None provided
Investment Region(s)
Latin America
Countries of Investment
Bolivia | Brazil | Carribbean Islands (Other) | Colombia | Costa Rica | Dominican Republic | Ecuador | El Salvador | Guatemala | Haiti | Honduras | Mexico | Nicaragua | Panama | Paraguay | Peru | Uruguay
Geographic Target Description
None provided
Impact Investment Targets
Impact Targets
Socially beneficial prod/serv | Targeting the underserved
Impact Targets Description
The fund will only make investments in microfinance institutions that are committed to creating positive social value.
Socially Beneficial Products & Services
Access to basic services | Economic &/or empowerment opportunities | Capital Flow (microfinance, equity, etc)
Environmentally Beneficial Products & Services
None provided