Symbiotics

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Publications

Impact Report 2025

The Symbiotics Impact Report 2025 provides an overview of how our activities continue to contribute to sustainable development through financial...

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Impact Report 2025

Annual Report 2025

The Symbiotics Annual Report 2025 provides an overview of our activities, achievements and milestones throughout the year. It highlights the...

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Annual Report 2025

Local Currency Investing in Emerging and Frontier Markets

In this white paper, Symbiotics explores the role of local currency investing in emerging and frontier markets and challenges the...

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Local Currency Investing in Emerging and Frontier Markets

Climate Finance: Market opportunities

In this publication, Symbiotics explores the growing role of climate finance in emerging markets and the opportunities it offers for...

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Climate Finance: Market opportunities

Annual Report 2024

The Symbiotics Annual Report 2024 offers a comprehensive overview of our achievements and activities over the past year. It highlights...

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Annual Report 2024

Misperception of Risk in Emerging Markets

In this insightful publication, Symbiotics delves into the factors behind the reluctance of investors to engage with emerging markets. Impact investing...

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Misperception of Risk in Emerging Markets

AgTech & FoodTech 2024

In the dynamic landscape of agricultural and food technologies, emerging markets and developing economies present a promising frontier for innovative...

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AgTech & FoodTech 2024

Impact Report 2022

The Symbiotics Annual Report 2024 offers a comprehensive overview of our achievements and activities over the past year. It highlights...

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Impact Report 2022

Annual Report 2022

The Symbiotics Annual Report 2022 offers an insightful overview of our company's accomplishments. Within this report, you will find a...

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Annual Report 2022

Impact Report 2021

Symbiotics is proud to publish its first Impact Report, an impact assessment by Tameo.It analyzes and presents the social and...

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Impact Report 2021

Annual Report 2021

We are pleased to provide you with the Symbiotics Annual Report 2021. Our report offers an overview of the company’s...

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Annual Report 2021

SME Finance Loans for Growth Impact Report 2020

The final report on SME Finance Loans for Growth Impact showcases the results of a four-year collaboration between Symbiotics, UBS,...

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SME Finance Loans for Growth Impact Report 2020

Annual Report 2020

We are pleased to provide you with the Symbiotics Annual Report 2020. Our report offers an overview of the company’s...

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Annual Report 2020

Private Asset Impact Fund Report 2020

The first edition of the PAIF survey paints the most comprehensive analysis on the impact fund ecosystem, with a focus...

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Private Asset Impact Fund Report 2020

Impact Promise

The Impact Promise outlines the framework that guides Symbiotics’ approach to impact investing. Built around three core pillars, it explains...

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Impact Promise

Annual Report 2019

We are pleased to provide you with the Symbiotics Annual Report 2019. Explore the report to find out more about...

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Annual Report 2019

Swiss Microfinance & Impact Investments Report

This paper reviews the evolution of private-sector development finance in Switzerland from 2010 to 2018. It analyzes the contribution of...

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Swiss Microfinance & Impact Investments Report

2019 Symbiotics Microfinance Investment Vehicles (MIV) Survey

The 13th edition of the Symbiotics MIV Survey reviews the key trends on the microfinance off-shore investment industry. Its aim...

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2019 Symbiotics Microfinance Investment Vehicles (MIV) Survey

The Financial Performance of Impact Investing through Private Debt – 2nd Edition

The objective of this study is to establish evidence on the financial performance of private debt impact funds and its...

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The Financial Performance of Impact Investing through Private Debt – 2nd Edition

SME Finance Loans for Growth Impact Report 2019

This report is the third of a unique study assessing whether, by enabling small and medium enterprise (SME) lending, the...

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SME Finance Loans for Growth Impact Report 2019

SME Finance Loans for Growth Impact Report 2018

This report is the second of a unique study assessing whether, by enabling small and medium enterprise (SME) lending, the...

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SME Finance Loans for Growth Impact Report 2018

Banking for Impact

This white paper reviews the key developments that have taken place in inclusive finance markets over the period 2006-2017, supported...

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Banking for Impact

2018 Symbiotics Microfinance Investment Vehicles (MIV) Survey

The 2018 Symbiotics Microfinance Investment Vehicles (MIV) Survey provides asset managers, investors and academia alike with the latest information of...

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2018 Symbiotics Microfinance Investment Vehicles (MIV) Survey

The Financial Performance of Impact Investing Through Private Debt

In this new report, the Global Impact Investing Network (GIIN) and Symbiotics present the first comprehensive analysis of the financial performance of...

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The Financial Performance of Impact Investing Through Private Debt

Annual Report 2017

The 2017 Annual Report offers an overview of the company's achievements and aspiration, covering our corporate structure, markets, investments, portfolios,...

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Annual Report 2017

SME Finance Loans for Growth Impact Report 2017

This impact report aims to measure the extent to which the Loans for Growth (LFG) fund meets its objectives to...

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SME Finance Loans for Growth Impact Report 2017

Managing and Measuring Social Performance

This new white paper builds on Symbiotics’ experience on the topic of social performance, shedding light on the rationale behind...

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Managing and Measuring Social Performance

Going unhedged in frontier markets

Providing local currency funding to frontier market has proven to be a key aspect of impact investing. Through its investment...

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Going unhedged in frontier markets

2017 Symbiotics Microfinance Investment Vehicles (MIV) Survey

The 2017 Symbiotics MIV survey is an annual survey which aims to provide comprehensive market trends and peer group analysis...

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2017 Symbiotics Microfinance Investment Vehicles (MIV) Survey

Why microfinance matters to investors

This white paper explores different factors that will contribute to a new investment paradigm over the coming decades, namely demographics,...

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Why microfinance matters to investors

Annual Report 2016

This annual report provides our firm's 2016 results in terms of markets, financial institutions, investments, portfolios and impact.

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Annual Report 2016

Microfinance Funds – 10 years of research and practice

"A review and analysis of CGAP & Symbiotics’ Microfinance Investment Vehicles Surveys" Our white paper, co-written with CGAP on the past...

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Microfinance Funds – 10 years of research and practice

2016 Symbiotics Microfinance Investment Vehicles (MIV) Survey

The 9th edition of the Symbiotics Microfinance Investment Vehicles (MIV) Survey has just been published. It is the only industry...

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2016 Symbiotics Microfinance Investment Vehicles (MIV) Survey

Annual Report 2015

Read our first public Annual Report that was published in June. It offers a review of Symbiotics 2015 business activities,...

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Annual Report 2015

Swiss Microfinance Investment Report

A review of the microfinance investment vehicles managed in Switzerland.

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Swiss Microfinance Investment Report

Small Enterprise Impact Investing

Exploring the "Missing Middle" beyond Microfinance.

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Small Enterprise Impact Investing

Microfinance Investments

An investor's guide to financing the growth and wealth of small enterprises and low income households in emerging economies.

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Microfinance Investments

Microfinance Investment Vehicles Disclosure Guidelines: Additional Indicators

The present document contains sets of new financial and ESG indicators that serve as a guideline for the reporting of...

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Microfinance Investment Vehicles Disclosure Guidelines: Additional Indicators

2014 Symbiotics Microfinance Investment Vehicles (MIV) Survey

The 2014 Symbiotics MIV Survey aims to provide comprehensive market trends and peer group analysis on the microfinance off-shore investment...

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2014 Symbiotics Microfinance Investment Vehicles (MIV) Survey

Symbiotics Microfinance Index (SMX): 10-year Track Record Outperforming Mainstream Asset Classes

Over the past decade, Symbiotics’ in-house microfinance index, the SMX, has served as an industry benchmark for microfinance fund managers...

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Symbiotics Microfinance Index (SMX): 10-year Track Record Outperforming Mainstream Asset Classes