Nordic Microfinance Initiative
Oslo, Osloablernordic.com
Overview
Established in 2008 and renamed Abler Nordic in 2023, the Nordic Microfinance Initiative is a public-private partnership that acts as an Alternative Investment Fund Manager (AIFM) based in Oslo, Norway. It invests in microfinance institutions and other financial inclusion companies across Africa and Asia, aiming to empower low-income households. The firm manages several funds, including Fund III, IV, V, and a Climate Smart Fund, focusing on services like micro-leasing, savings, and agricultural finance. Its investors include public development funds like Norfund (Norway) and IFU (Denmark), alongside private institutional investors.
Portfolio Companies
6
Website
ablernordic.comInvestments
| Company | Date | Stage | Lead |
|---|---|---|---|
| Light Microfinance | Sep 2022 | Series B | Co-investor |
| Sewa Grih RIN Limited | Jul 2022 | VC Round | Lead |
| Light Microfinance | Jul 2021 | Series A | Co-investor |
| Svasti Microfinance | Mar 2021 | VC Round | Co-investor |
| Svasti Microfinance | Nov 2019 | VC Round | Co-investor |
Sector & Stage Mix
Industry, funding stage, and valuation band breakdowns.
