This new infoDev study, looks at the mobile usage pattern of the poorest at the base of the pyramid in South Africa. In the country, about 75 per cent of the BoP has phones, but use data applications rarely. Read the report here. This study is part of a continent […]
Pakistan’s State Life Insurance Corporation is in talks with the National Database and Registration Authority (NADRA) for the provision of micro-insurance to all the citizens of Pakistan through the new SMART National ID Card. Read more here.
Ahead of a gathering of International investors later this month, Thailand’s leader Thein Sein has recognized the role of microfinance and private sector organizations as critical to economic advancement of the country. Read more here.
Thailand is the largest microlender in the world. Now, the government of Thailand is looking to inject another US$2.5 billion into its microfinancing portfolio. Watch the video detailing the growth of this sector in Thailand here.
Global Partnerships (GP), a non-profit investor based in Seattle, Washington, has launched a partnership with Friendship Bridge, a US-based nonprofit microfinance institution. Friendship Bridge helps rural Guatemalan women by giving them microfinance loans. GP will be loaning an amount of US$500,000 to Friendship Bridge to scale this activity. Read more […]
MIF, or Multilateral Investment Fund is a member of the Inter-American Development Bank, has approved an equity investment worth US$2.5 million for a project that aims to improve the economic conditions of micro and small enterprises in the Dominican Republic. Read more here.
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.
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.
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.
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