This post talks about the importance of educating the target customers when it comes to microfinance. Microfinance is no longer all about microcredit. It has expanded in definition to include microinsurance, perhaps the most important form of financial access for the poor as it decreases risks for poor, encouraging them […]
A number of MFB customers who want access to loans, but are unable to get it are awaiting the launch of a comprehensive microfinance scheme in Nigeria. This scheme will act as a guarantee for people who were unable to provide collaterals for taking loans from MFBs before. Read more […]
This post is about ‘Venture’, a book comprising of stories related to microfinance. Its ‘stories’ provide insight about the issues faced by the low and middle income class people in the developing countries. This post also features one of the stories from the book. Read more here.
The Insurance Regulatory and Development Authority (IRDA) of India have charged a fine of US$92,806 or INR 5 million from the only listed microfinance company in the country – SKS Microfinance. This was done because the company charged a higher premium that what is allowed to its microinsurance customers. Read […]
According to a report published by MFIN, the Microfinance Institutions Network, the microfinance sector has bounced back in the 3rd quarter of this fiscal. According to data collected from 41 members of MFIN, constituting 85 per cent of the microfinance sector in India, growth has been seen in the states […]
Microfinance institutions in the country reported a healthy loan demand in the 3rd fiscal quarter. The total loans disbursed have risen by 22 per cent compared to the same quarter the previous year. Read more here.
Microfinance in East Timor has been taken up in full swing – a programme to further the access to financial services which had started off with a fund of US$ 12,000 has now grown to US$2.8 million. Read more here.
The Microinsurance Innovation Facility (MIF) has released a new report which delves into a few issues like what keeps people from purchasing microinsurances, and more. Read the report here.
The Government, in its upcoming budget, is also going to include new incentives for low cost houses, given the growing middle class ‘hunger for homes’ in the country. Read more here.
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