Friday, April 11, 2008

Microfinance Meets Wall Street

In a recent op-ed published in Forbes magazine, Susan Davis, President and CEO of BRAC USA and Rod Dubitsky, Managing Director at Credit Suisse, discuss the trend where increasing number of MFIs are accessing for-profit capital from mainstream wall-street investors. They nicely outline both the pro's and con's of this fairly recent phenomenon, highlighting three recent deals (BRAC-Citibank Securitization, Blue Orchard's collateralized loan obligation, and the Compartamos IPO)

You can read the entire op-ed here.

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