Funder

Oxfam Novib provides support to microfinance institutions and other MFIs since 1996, when a loan fund was started. The philosophy of Oxfam Novib is to support MFIs in all the stages of development, beginnng with MFIs in their start-up phase, through there expansio phase up to the moment of reaching FSS. Starting with grants funding on the basis of a though business plan, in later phases other instruments come in place, such as loans and guarantees. The Oxfam Novib Fund is managed by Triple Jump Fund Management which als handles other funds, thus capable to guide the MFI through different funds depending on the stage of development.<br/>The Oxfam Novib Fund is about EUR25 million in size, serving around 80 MFIs around the world.<br/>Oxfam Novib gives grants for about EUR 6 million (2008), serving different organizations involved in microfinance, such as start-up MFIs, networks, NGOs facilitating SHGs, reseach and impact and social performance management projects.<br/>Oxfam Novib is member of MicroNed, a platform of Cordaid, ICCO HIVOS and Oxfam Novib, which co-ordinates grant policy for microfinance. Oxfam Novib is also member of the Netherlands Platform for Microfinance.