NMI was established in 2008 as a partnership between the public sector and private investors. Norfund, the Norwegian Investment Fund for Developing Countries, represents the Norwegian State. The private investors are DNB, Ferd, KLP, and Storebrand. NMI's overall goal is to strengthen the position of the poor in developing countries by helping to create jobs and prosperity on a sustainable basis. This is done by investing in and supporting MFIs.
NMI consists of NMI AS and NMI Funds (NMI Global Fund, NMI Frontier Fund and the NMI Fund III). NMI AS was established as a Norwegian corporation, as a general partner and portfolio manager for NMI funds. All funds have been established in accordance with Norwegian law.