News Archive - Page 144 of 366

Recent Developments, <br /> Key Innovations, and <br /> Insightful Reports

Recent Developments,
Key Innovations, and
Insightful Reports

Your One Stop Platform for Regular Sector Updates

Sector news

Russian Microfinance Centre joins the AFI network

The RMC, or the Russian Microfinance Centre has become the 90th member of Alliance of Financial Inclusion network, a network of policy makers from emerging and developing countries, working on appropriate financial services to enhance financial inclusion. Read more here.

January 28, 2013

MicroEnsure gets new strategic investors

International organization, Opportunity International recently divested its majority stake in the microinsurance company MicroEnsure. This will bring in newer relationships and additional capital in the budding microinsurance enterprise. Read more here.

January 28, 2013

Akhun – Leveraging microfinance for artists

Akhun is a microfinance institution that uses the platform of a website to marshal investors for enterprising artisans. It has a Tublr channel, and has helped a number of New York based ethical artisans so far. Read more here.

January 28, 2013

Microfinance and Partiarchy: ‘A Drift Away from Serving Women’

According to Wharton management professor Tyler Wry, microfinance may be failing to address the economic challenges of the poor and marginalised – mostly women, by adopting patriarchal attitudes to lending. This evidence comes from more than 1,800 microfinance institutions (MFIs) in 168 countries, as compiled by MIX, or Microfinance Information […]

January 28, 2013

Two cents on impact: Untangling microfinance’s ‘Gordian Knot’

Measuring impact is one of the biggest problems, when socially investing – be it a microloan through an investment platform to a micro entrepreneur in a developing country, or through social impact bonds. Read more here.

January 28, 2013

Yunus: Microfinance may not always be used appropriately

While the idea of microfinance is widely touted as a golden pill to alleviate poverty, it may not always be used appropriately, according to Noble Laureate Mohd Yunus. He claims that while microfinance was initially thought up to save the people from the clutches of loan sharks, and give them […]

January 28, 2013

IFC: Microfinance, self-employment curb poverty

According to the lending arm of the World Bank, the IFC, while there are 200 million currently unemployed people – mostly women and young people in developing countries, the world needs to create employment for 600 million people. As the private sector provides 9 out of 10 jobs in the […]

January 28, 2013

Nigeria: Loan default rates lowest in microfinance banks

According to the COO of Fortis Microfinance Bank Plc, despite massive non-performing loan portfolios bearing down on the financial institutions in the country, microfinance banks have been enjoying the highest loan repayment rates – as high as 98 per cent. Read more here.

January 28, 2013

Nigeria: Microfinance banks in Nigeria will lend at lower interest rates

According to this post, some operators of MFBs or microfinance banks in Nigeria believe that as soon as they would be able to access the Micro Small and Medium scale Enterprise Development Fund of CBN in 2013, lending rates in the sub-sector are expected to drop. Read more here.