Useful Links:
Microfinance Investment Vehicles
Read about best practices and lessons learned from a comprehensive MIV survey
MIV.pdf
MAP
Learn more about the Microfinance Advancement Program (MAP)
MAP OUTLINE.pdf
MF Growth
Read more about the remarkable growth of microfinance
MF Growth.pdf
Lawdragon Interview
Find out more about Howard and microfinance from the interview below
Interview
About Howard

Mr. Finkelstein participates broadly in the sector, having organized and co-chaired three conferences and spoken at numerous other public and private forums on microfinance. He is on the Board of Directors of the Microfinance Club of New York, Secretary of Microlumbia, Inc., and on the Advisory Boards of Green Microfinance, Lend for Peace and Frogtek LLC. Mr. Finkelstein spends a significant amount of his time dealing with and discussing significant policy issues involving microfinance and sustainable investment. As an example, see the summary of his recently announced initiative, the Microfinance Advancement Program (MAP.pdf).
Among the various investment structures that Mr. Finkelstein has worked on or is working on, are the following:
- CDO/CLO pooling of loans to MFIs in multiple countries. Issuers have been US trusts and LLCs and Luxembourg securitization entities. Holders have been both US (taxable and non-taxable) and foreign. Servicers have been both domestic and foreign.
- Securitization of microloans originating in India.
- Debt and/or equity funds representing investments in MFIs in multiple countries. Issuers have been US LLCs and Luxembourg SIFs and/or SICAVs, including feeder funds. Holders have been both US (taxable and non-taxable) and foreign. Managers have been both domestic and foreign.
