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Latin America Initiative | Research Paper
Volume Growth and Valuation Contraction: Global Microfinance Equity Valuation Survey 2012
Equity capital flows into microfinance have been increasing for many years. Despite this growth, the vast majority of equity investments are still made in the form of private placements, as there are only three publicly traded microfinance institutions. The difficulty in accessing private data and the scarcity of publicly listed entities have limited the scope of the market research available to equity investors in microfinance institutions.
Henry Gonzalez May 3, 2012