SEPC, or the Securities and Exchange Commission of Pakistan recently announced the constitution of a working group which will actively place recommendations for the regulatory framework for microinsurance in the country, which is benefitting many of the poor in Pakistan. Read more here.
The Spanish banking giant BBVA’s Microfinance Foundation has recently completed the contribution of as much as US$4.7 million over a period of two years towards about 1200 small Puerto Rican small businesses and microenterprises. Read more here.
The only listed microfinance institution in the country, SKS Microfinance has reportedly completed a securitization deal worth US$ 10 million, or INR 544 million. The average loan amount given out by the company is INR 11,500 or US$211. Read more here.
This post by representative of Bank of Khartoum talks about how being able to cater to the finance needs of farmers, especially smallholder farmers requires a thorough understanding of their unique needs. The post talks about the role of microfinance, microinsurance and other agents in helping smallholder farmers access adequate […]
According to CGAP’s cross border funder survey, mentioned in one of our previous updates, international funding for microfinance has continued to grow even amidst global financial crunches, and had reached US$25 billion in 2011. Read more here.
The number of people in the country with access to microfinance through microfinance banks has risen by 5.2 per cent in 2012, as against 3.2 million or 3.8 per cent in 2010. This represents a 1.2 million increase. According to experts, this is an indicator of restored faith in the […]
In this post, CEO of ACLEDA Bank, the successful Cambodian bank which is now one of the first foreign financial institutions to enter Myanmar, talks about the bank’s roles in Myanmar. Read more here.
This post looks at the low levels of financial inclusion for some 2.5 billion in the world, the history of microfinance in being able to fill this gap, and the possibilities of success in being able to do so in the future. Read more here.
Delegates from UAE, Pakistan, India, UK, Bangladesh, USA, UK Bahrain, Yemen, Azerbaijan, Turkmenistan, Kirghizstan, Mauritius, Kenya, Canada, France, Egypt, Philippine, Uganda, Iraq, Nigeria, Sudan along with delegates from other countries participated in a three day conference in Dubai with the aim of developing Islamic microfinance as a priority development tool. […]
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