SEB dives deeper into the world of microfinance
SEB is the largest microfinance fund provider in the Nordics, and a new fund launch is imminent. But will the historically reliable asset class withstand the impact of a global economic shutdown? Swiss microfinance firm Symbiotics sees investment opportunities emerging from the crisis - and different types of investor are starting to embrace the asset class.
In the town of Itá in Paraguay, Dominga Colmán runs a hardware store, and has benefited from a microloan which helped her to expand her product inventory. She was one of 6.6 million entrepreneurs in emerging and frontier markets who was able to grow their business with capital from SEB's second microfinance fund. The fund opened in 2014 and closed in 2019.
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