Feminist research as well as the growing field of ‘Men and Masculinities’ have identified how targeting women and excluding men from development initiatives could have unintended repercussions. As a common tool for development, microfinance is a fitting representation for this emphasis on women. At the same time, Microfinance Investment Funds (MFIFs) have emerged as established actors within the microfinance landscape, and their potential to shape microfinance approaches has been highlighted within literature. This thesis builds upon this previous research to delve into the discourses of MFIFs concerning men and masculinities within the context of microfinance initiatives. Using a theoretical framework that intersects models of empowerment and hegemonic masculinity, the thesis explores the extent to which MFIF discourses incorporate men and masculinities, as well as attempting to explain the presence or absence of these discourses. An analysis reveals that there is mixed alignment with models of empowerment and a lack of discussions concerning men and masculinities.