Enabling Microfinance - Pure microfinance. Independent and foundation based. Invest in people and finance the future.

Our Roots

The Enabling Microfinance AG as well as the Enabling Microfinance Fund are ultimately owned by a non-profit foundation with the target of generating the greatest possible social impact by reducing poverty.

The Foundation created the Enabling Microfinance Fund in 2008 as an instrument to catalyse access to capital where it is needed most and to promote financial inclusion to people in developing economies currently overlooked by the financial system. People looking for opportunities, for access to small loans, for skills and the for malisation of their work environment.


Enabling Microfinance aims to support promising, responsible, profitable and sustainable Micro, Small and Medium Enterprise Financing Intermediaries that focus on achieving social impact.

The Foundation – A Guarantee for Double Impact

While our fund is the main instrument for achieving this goal, the revenues of Enabling Microfinance AG as the promotor as well as the operating company of the Fund are, in addition, used to launch new projects to improve the conditions along the microfinance value chain, such as a microfinance training program for women.

The Enabling Microfinance Foundation oversees the operating company and acts as a guarantor for projects to strengthen access to finance in low income economies through capacity building work. Working along the value chain to establish and strengthen financing institutions is an importantdriver of qualitatively and quantitatively sustainable sector development. This dual approach is an important factor in strengthening the sector as a whole, supporting norms and standards toprotect the interests of the various stakeholders in this new investment value chain, so as not to introduce counterproductive overflows, misuse or abuse of capital into unaccustomed populations.

The EMF Fund in combination with the support work of the EMF Foundation aims to catalys eaccess to capital where it is needed most by reinforcing the financial intermediation infrastructure and by promoting more inclusive financial policies. At the same time, the Fund demonstrates the commercial viability of investing in micro, small and medium-sized enterprises in low- and middle-income countries and aims to inspire a new generation of investors to address the wider financing gap.

MEET the TEAM

Team members

Peter Spinnler

Manging Director
EMF, Liechtenstein

Christoph Dreher

Manging Director
EMF, Liechtenstein

Reto Möhr

Head Client Relationship
EMF, Liechtenstein

Remo Oswald

Senior Business Development Manager
EMF, Liechtenstein

Roger Müller

Senior Business Development Manager
EMF, Liechtenstein