Responsible Investment Management and Advisory Services

Meet Our Investees

Our investees are both financial service providers and funds serving our end-clients, which are micro, small and medium enterprises (MSMEs) operating in developing countries. To learn more, read about our featured investees around the world.

Jardin Azuayo

Cooperativa de Ahorro y Credito Jardin Azuayo
Cuenca, Ecuador

COAC Jardin Azuayo (COAC JA) was founded in 1996 as an initiative to support the reconstruction of the local community in the region of Paute which had been impacted by a natural disaster. With USD 710M in assets, of which USD 532M in portfolio and about USD 96M of capital as of July 17, COAC JA is the second largest cooperative in Ecuador, having excellent brand recognition and strong social ties in the areas of operations (about 65% of exclusive clients). It operates in 5 regions: Azuay, Cañar, Morona Santiago, Loja and El Oro through a network of 38 branches, 6 satellite branches and 23 representative points. COAC JA applies the individual lending (98% of GLP) as well as the village banking methodology (2% both in terms of clients and GLP). As of July 17, COAC JA’s client base is about 390,000 members, with approximately 84,000 active borrowers; 46% of clients are females, and about 73% of total clients are living in rural areas. The average client age is 40 years (productive and economical active age); about 52% of active borrowers have a primary education level, 33% have secondary level, 8% with higher education, and the remaining 8% are illiterate. The economic sectors are well diversified between services, production, agriculture, trade, housing, handcrafts, tourism, transport, education, health etc.

COAC JA is the second biggest cooperative in Ecuador, has a strong market position in the South of the country, is able to generate new GLP with good portfolio quality indicators, and shares prudential liquidity and solvency positions well above the regulator’s requirements. In addition, COAC JA offers different education modules to its members with a special focus on financial education, technical skills and knowledge modules for agri-entrepreneurs.

Cooperativa Fondesurco

Cooperativa de Ahorro y Credito Fondesurco
Arequipa, Peru

Cooperativa de Ahorros y Creditos Fondesurco (COOPAC FS) focuses on micro and small entrepreneurs, predominantly in rural markets from South of Peru. Its clients are characterized by people who have difficulties accessing the financial system. About 86% of them are living in remote rural areas, and most of them live below the national poverty line and their financial needs are limited to their reality as the average credit stands between USD 1.000-1,500. Fondesurco has an exclusive client base of about 55%, one of the highest in the Peruvian MF sector. 46% of clients are female; 70% of total active borrowers are self-employed and 30% have one hectare of their own crop. About 36% of households are made up of four members, two of whom have paid work, with a monthly income per family member at about USD 250. Most heads of the household have a secondary education level (45%), and the main economic activities are agriculture, livestock and trade. The average poverty rate of the population served by Fondesurco stands at about 36%, having limited access to health services, education, transportation and communications.

Fondesurco aims to consolidate the triple bottom line by promoting sustainable economic, social and environmental accountability, based on its strategic pillars and its current offer of client products. In addition, an internal study shows that 84% of Fondesurco clients increased their income due to credit, which were allocated to improve and strengthen their economic activity (73%, through the purchase of machinery / tools, soil improvement , improvement of seeds, improvement in water use), family welfare (37%, housing improvement, health, safety), development of family potential (39% purchase of goods that increase the family’s capacity such as computers, washing machine, etc), recreation and comfort (31%, holidays, trips, recreation equipment, television, etc).

Fundenuse SA

Fundenuse SA
Nicaragua

Fundenuse SA is a socially oriented MFI founded in the northern community of Ocotal in Nicaragua, providing loans in the country’s Northern rural communities where fewer MFIs operate. It serves around 30K clients via 20 branches, through specialized products with high social impact that have fostered high client’s loyalty. Products range from individual & group loans, housing, agricultural & livestock loans to microfranchise, microinsurance & micropensions. This offer is completed by an array of services including basic financial literacy training, best practices & risk management techniques for the agriculture and livestock borrowers as well as frequent training sessions with agriculture equipment providers in fertilizers, seeds use, etc. More than half of clients are female.

Fundenuse’s clear social roots and rural outreach (it has one of the lowest average loan size in Nicaragua) made it an ideal fit for Triple Jump. The partnership, started in 2005, has been very fruitful as our investments have allowed Fundenuse SA to expand its model. In 2015, Fundenuse received an “Excellent” social score from Microrate and a “Gold” score in the Impact business model rate by GIIRS, with the highest score in financial services impact business. In 2017, it received the Smart Campaign certification*, only the 2nd MFI to achieve so in Nicaragua.

Kaebuk Investmenu No Finansa

Kaebuk Investmenu No Finansa
Timor Leste

Kaebuk Investmenu No Finansa, KIF (Erstwhile Tuba Rai Metin) established in 2002 is the largest and the only deposit taking regulated microfinance institution in Timor Leste. As Asia’s newest and one of its smallest country, Timor Leste faces the challenge of low levels of financial literacy and financial inclusion. It is estimated that 30% of the country’s population is still outside of the cash economy. KIF was established with a mission to provide microfinance and allied services for a large number of the poor in a sustainable and regulated manner to improve the quality of lives of families and empower women.

Triple Jump has been collaborating with KIF since 2016. Given more than 90% of KIF’s customers are women and more than 60% of loans issued by KIF are less than $1,000, targeting Timor Leste’s base of the pyramid population, the MFI fits well with many of Triple Jump’s fund mandates. KIF currently has over 12,000 borrowers and has a well-trained and talented team of over 260 persons (98% locals), making it the largest private sector company in Timor Leste. To consolidate its leadership position further, KIF has ambitious plans to scale up access to financial services through a fuller basket of customisable services at remote locations, wide-spread networks agents, and mobile banking with an approach to banking ‘Anywhere-Anytime’.

KMF Kazakhstan

KMF Kazakhstan
Almaty, Kazakhstan

KMF is the biggest MFI in Kazakhstan and one of the leading nonbanking providers of the microfinance services in the Central Asia. With its impressive network size, it serves more than 200K clients throughout the country, with a strong focus on women and rural borrowers. KMF offers group and individual financing mainly for business development, crop farming and cattle-breeding, as well as home improvement. The loan product offer is supplemented by the ongoing trainings for clients, aiming to increase the level of the financial literacy of the overall population. KMF’s adherence to the responsible lending, clearly defined and measurable social impact targets and wide rural outreach are the key factors contributing to the fruitful cooperation between Triple Jump and KMF. This partnership continues for more than 10 years.


KMF was the first company in Kazakhstan to receive the Smart Campaign certification for client protection principles in 2015. At present, it remains the only MFI in the country being assigned a social rating grade of “A+” from the “MicroFinanza Rating”.