Our credit investment team has experience in more than 60 emerging and frontier countries.
DWM has originated and managed more than US $2.7 billion in impact-driven financing in emerging and frontier markets. Developing-market borrowers are the opposite of cookie-cutter. Our experience as innovators in impactful finance means we can create opportunities where others might not.
“We embrace the challenges of lending in emerging and frontier markets, and our ability to structure creative financing solutions that balance risk and return is a meaningful differentiator. It delivers value for our investors, for borrowers, and for beneficiaries of the impact.”
Robert Constantino, Partner, Private Credit
“We embrace the challenges of lending in emerging and frontier markets, and our ability to structure creative financing solutions that balance risk and return is a meaningful differentiator. It delivers value for our investors, for borrowers, and for beneficiaries of the impact.”
–Robert Constantino, Partner, Private Credit
Expansive knowledge of the emerging financial services sector
We deeply understand the ways inclusive financial services can promote social and economic progress in developing countries. We lend to bank and non-bank institutions providing microfinance, small and midsize enterprise (SME) finance, low-income mortgage, agricultural, and education finance, leasing, factoring, and other financial services—and our ongoing monitoring and discussions with these providers helps them (and therefore our investors) succeed.
Direct lending beyond microfinance
While DWM lends largely to microfinance institutions and other specialty finance companies, we also lend directly in senior secured, unsecured and subordinated credit formats to companies in meaningfully impactful sectors such as renewable energy, water & sanitation, women’s opportunity, agriculture, education, and health.
Multiple and tailored credit strategies
DWM offers tailored financing solutions including senior and subordinated debt, short- and medium-tenors, hard and local currency denominations, bond issues and syndications. We create strategies that work well for our direct institutional investors, asset-management partners, and borrowers.
$2.7 billion
Total value of impact-driven loans made by DWM in more than 60 emerging and frontier markets
200+ firms
Number of impactful investees to whom DWM has lent funds and provided ongoing impact guidance
$0.5 - $30m
Size range of typical DWM credit investment, with larger total investments per investee available over time
Impact spotlight
Impact spotlight
Bolivia
Pro Mujer Bolivia, which began working with women on education and family planning in 1990, now provides women with vital financial and non-financial services they need to become financially independent, healthy and leaders in their communities. Services include financial literacy, credit, budgeting, business administration and empowerment training, loans, life insurance, and high-quality, low-cost health care, including family planning and nutrition counseling and screening for cervical and breast cancers and asymptomatic chronic diseases.
Pro Mujer Bolivia’s client base is more than 90% female and includes many women who pursue commercial activities in local markets or run businesses out of their homes. DWM began lending to Pro Mujer Bolivia in 2011.
Pro Mujer Bolivia, which began working with women on education and family planning in 1990, now provides women with vital financial and non-financial services they need to become financially independent, healthy and leaders in their communities. Services include financial literacy, credit, budgeting, business
administration and empowerment training, loans, life insurance, and high-quality, low-cost health care, including family planning and nutrition counseling and screening for cervical and breast cancers and asymptomatic chronic diseases.
Pro Mujer Bolivia’s client base is more than 90% female and includes many women who pursue commercial activities in local markets or run businesses out of their homes. DWM began lending to Pro Mujer Bolivia in 2011.
