Microfinance Institution Equity: Who is buying? Who is selling?

Jacco Minnaar, Manager Latin America & Africa Foromic 2014 Triodos Investment Management Guayaquil Ecuador

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Investor ApproachClosed-end versus open-end funds

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Holding Period on Stock MarketsFrom eight years in the 1960s to around five days today

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Triodos Investment Management Emerging Markets

AuM: USD 750 million 34 financial institutions12 countries

Development of Financial MarketsFrom startup to consolidation

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Real Economy – Real Returns The business case for sustainability focused banking

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Sustainability FocusedBanks

Global Systematically ImportantFinancial Institutions

Jacco MinnaarManager Africa and Latin America

jacco.minnaar@triodos.nl

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Thank you

Our Latin America team