WWB Capital Partners
WWB Capital Partners (formerly ISIS Fund) aims to increase access to financial services for low-income women in developing countries through its investments in microfinance institutions.
WWB Capital Partners (previously called ISIS Fund) aims to increase access to financial services for low-income people in developing countries by taking minority equity positions in microfinance institutions (MFIs). Most will be Women's World Banking network members who are providing financial services to under-served populations in emerging economies with a significant focus on women.
Currently the WWB network encompasses 34 institutions in 24 developing countries. Many of these institutions require capital to enable sustainable growth and expand product and service offerings to their clients. The fund provides long-term support to MFIs to ensure responsible institutional transformation and seeks to achieve an attractive financial and social return for investors.
WWB Capital Partners have made three investments, and recently announced a fourth:
- Banco WWB in Colombia (1.5 million clients),
- Ujjivan Financial Services in India (1.4 million borrowers),
- Ananya Finance, a lender to other microfinance institutions in India ($7 million loan portfolio),
- Banco Solidario, is one of the older microfinance institutions in Bolivia, with a $1.1 billion loan portfolio, 250,000 borrowers and 560,000 savings clients.