Wall Street Journal: New Way of Doing Well While Doing Good
January 5, 2006 – "Some investment firms are marketing securities that are similar to bonds and are backed by microfinance loans. These instruments, aimed at raising capital for several microfinance lending institutions, were developed by … Developing World Markets, Darien, Conn. Two offerings of the securities, in 2004 and 2005, raised $87 million. Returns on the seven-year notes are expected to be about 5% to 8% annually." By Rachel Emma Silverman.