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Omidyar-Tufts Microfinance Fund

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Nonprofit Overview

Causes: Economic Development, International, International Economic Development, Microfinance

Programs: Microfinance investments - the fund's governing document defines "microfinance" as the delivery of financial services, such as credit, savings, insurance, remittances and payment services, to poor and low-income households and to micro-enterprises. All capital assets of the fund will be used exclusively for one or both of the following purposes: (i) direct investment in microfinance-related ventures, and (ii) the credit enhancement of microfinance-related ventures, such as by providing loan guarantees. These microfinance investments are intended to benefit poor and low-income individuals, both as members of households and as owners of micro-enterprises.

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