NMI offers debt instruments to MFIs where the target is to finance the growth of the MFI's loan portfolio. Debt investments are normally offered in local currencies and are often the first contact point the institution has with NMI. Debt investments are often tailor made to fit the needs of the MFI as regards to tenor and amortization. Pricing is made according to local markets and the risk profile of the MFI.
NMI has also the possibility of offering sub-debt to MFIs. The product may be structured as straight sub-debt, but could also be linked with attributes closer to equity and convertibility.
As a long-term financing instrument, NMI also makes equity investments in MFIs that have a proven growth track record including sustainable financial and social development. In this way, NMI helps ensure the continued growth of the institution.