Since its foundation in 2005, Bellwether Microfinance Fund (Bellwether) has developed into one of the leading microfinance funds in India. Bellwether specialises in participations in small but promising microfinance institutions and provides services to established financial institutions that wish to develop microfinance activities. Bellwether has now fully invested the capital entrusted to it. The fund has invested in ten microfinance institutions and an organisation that provides payment services. By so doing, Bellwether is enabling over a miliion micro-entrepreneurs to access financial services. Hivos-Triodos Fund and Triodos Sustainable Finance Foundation are shareholders of Bellwether. A senior officer from Triodos Bank represents the funds on the Board of Directors, the investment committee and the audit committee.
KEY INDICATORS of the microfinance institutions Bellwether Microfinance Fund has invested in at year-end 2012:
- number of loan clients: 2,228,499
- percentage female clients: 100%