Portfolio Partner Profile

responsAbility Financial Inclusion CLO

responsAbility Investments AG is an asset manager in the field of development investments and offers professionally-managed investment solutions to private, institutional and public investors. The company’s investment solutions supply debt and equity financing predominantly to non-listed firms in emerging and developing economies. Through their inclusive business models, these firms help to meet the basic needs of broad sections of the population and to drive economic development—leading to greater prosperity in the long term. The company is headquartered in Zurich and has local offices in Bangkok, Geneva, Hong Kong, Lima, Luxembourg, Mumbai, Nairobi, Oslo and Paris.

Along with several other investors, Calvert Impact Capital invests in a deal led by responsAbility Investments—a $175 million securitization of loans to 26 microfinance institutions and small and medium enterprise (SME) banks in emerging and frontier markets. This investment supports the continued growth of the microfinance sector, strengthening its ability to tap into mainstream capital markets and access capital more efficiently, at higher volumes. The securitization model enables a broader range of investors with differentiated risk and return preferences to participate in the deal. Loans in the securitization are originated and serviced by responsAbility Investments and 81% of borrowers will be women. The proceeds will be used to fund financial intermediaries providing capital to 30,000 small businesses and 5.6 million microfinance borrowers.

Return to Portfolio:

Sectors and Topics:

Microfinance
Renewable Energy
Sustainable Agriculture
Gender Equity

Region(s):

Central America & Caribbean, East Asia & Pacific, Europe, Middle East & North Africa, South America, South Asia, Sub-Saharan Africa

Countries:

Costa Rica, El Salvador, Panama, Cambodia, Indonesia, Bosnia, Mexico, Armenia, Georgia, Kazakhstan, Kyrgyzstan, Uzbekistan, Ecuador, Paraguay, Peru, India, Botswana

US States:

N/A

First Year of Investment:

2019

Website:

https://www.responsability.com/en/

Social Media:

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