Nordic Microfinance Initiative (NMI)

The Nordic Microfinance Initiative ("NMI") was established in 2008 as a cooperation between the public authorities and private investors in Norway. The Mission of NMI is to contribute to the empowerment of poor people and to the creation of jobs, wealth and economic social sustainability in developing countries by investing in and supporting Microfinance Institutions. NMI also seeks to build institutional and human capacity in young and emerging MFIs in which the NMI Funds invest.

NMI follows a long term development approach with its investments and seeks to balance a positive social and economic impact with a sound financial return. NMI has invested in KWFT through two funds namely NMI Fund III and NMI Frontier Fund.

The shareholders of NMI Fund III and NMI Frontier Fund include Norfund, Ferd AS, DNB Livsforsikring ASA, Storebrand Livsforsikring AS and KLP.

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