Ferd initiates and contributes to funds and organisations with an objective of inclusion of the poor and refugees in Asia and Africa.
The Nordic Microfinance Initiative (NMI)
NMI invests in financial institutions and other companies that contribute to financial inclusion in Africa and Asia. Primeraly by taking significant ownership stakes in unlisted companies. Through board representation and strong collaboration with the management, NMI exercises active ownership in order to achieve its ownership agenda. NMI works to give those at the bottom of the pyramid access to financial services in a sustainable way. Its aim is for its investments to deliver robust social and financial results.
NMI was set up in 2008 on the initiative of Johan H. Andresen in order to put in place a public-private collaboration in Norway. NMI today has private and public sector investors from Norway and Denmark, and manages a capital base of over NOK 2 billion. Ferd is a minority owner of the management company and a substantial investor in all four of NMI’s funds.
The World Economic Forum defines humanitarian investing as mobilising capital in ways that support vulnerable people and communities.