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August 30, 2012
Bangladesh: Panel for Grameen to be appointed soon
As of August 22, the government of Bangladesh announced that it would take approximately a week to appoint the new Managing Director. The government promised that the entire process would be transparent. Read more here.
August 30, 2012
Uzbekistan: Microcredit assets reach approx. US$13 million
According to the ‘Law of the Republic of Uzbekistan’, as of July 2012, 31 microcredit institutions were operating in the country. The total volume of assets of these institutions combined was UZS 25.671 billion or US$13.171 million. Read more here.
August 30, 2012
India: Post equity infusion, SKS seems to have walked past its worst
With about 85 per cent of its loans in Andhra Pradesh being written off, and with a fresh infusion of equity investment, the worst seems to be over for India’s only listed microfinance institution – SKS microfinance. Read more here. In fact, Citi Bank group has also raised its target […]
August 30, 2012
India: 600 MFIs functional in Bihar, 17 blacklisted
If financial inclusion is to be measured by access to finance, then Bihar, one of India’s more economically backward states is well on its way to economic recovery. There are some 600 existent MFIs functional in the state. Read more here. Again, about 17 banks in Bihar have been blacklisted […]
August 30, 2012
China: Microfinance helps 190,000 youth start-ups
More than 190,000 youth in China have benefited from a certain microfinance scheme meant to help microenterprises start-ups, according to CCYL (Central Committee of China Communist Youth League). This scheme sponsored by CCYL and other financial institutions provides microloans to people under the age of 40. Read more here.
August 30, 2012
Nigeria: Insistence on adoption of IFRS
The ICAN (Institute of Chartered Accountants of Nigeria) has emphasized the need for microfinance institutions to adopt IFRS (International Financial Reporting Standards). While this may prove to be challenging by way of implementation, the ICAN suggests that this would help promote accountability and transparency in reporting. Read more here.
August 30, 2012
Integrating training in hiring for microinsurance ventures
Many microinsurance providers must experience difficulties in recruiting its sales force. GRET in Cambodia offers an insight into how to overcome this challenge. GRET integrates a five week training programme for the initial recruits before they are hired. Read more here.
August 30, 2012
Regulating MIVs (Microfinance Investment Vehicles)
This post makes an intriguing case for regulation in the MIVs (Microfinance Investment Vehicles) in the light of all the bad publicity retail MFIs were exposed to, following Hugh Sinclair’s book ‘Confessions of a Microfinance Heretic’. Read more here.
August 30, 2012
India: MFIs to ask RBI to fix margin cap
MFIN (Microfinance Institutions Network), the self-regulatory body of MFIs in India will be asking RBI, the Central Bank of India to fix the margin cap for individual loan to customers at 12 per cent instead of 10-12 per cent. Currently, the interest rate cap on individual loans by MFIs is […]
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06 Key Lessons for informing policy decisions: Mainstreaming tribal-specific climate adaptive capacities in vulnerable coastal regions within National Action Plan on Climate Change
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Four Key Lessons for Policy Consideration: Scaling Climate Adaptive Capacities among Small and Marginal Farming Communities in the Sundarbans
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Five Key Lessons for Policy Consideration: Scaling Climate Action Programs for Landless Rural Communities in Semi-Arid Ganges-Brahmaputra Basin in South Asia
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View Blog Posts
GST 2.0 and Tax Cuts: Can They Make Growth Fairer and Greener?
India's latest GST reform, being termed as GST 2.0, is more than just slashing rates. By simplifying the tax structure, cutting levies on essentials, and supporting renewable infrastructure, it's open..
Reimagining Sports in CSR: From Tokenism to a Vehicle for Multiplying Impact
In 2023–24, Indian companies spent about ₹1,396 crore of their CSR budgets on sports — just 4% of the total ₹34,909 crore Indian corporates spent on CSR that year. Most of the rest went to edu..
Interactive SHG Map of India: 7.5 million Women Self Help Groups are spread across 27 States and 6 UTs in India
Under the National Rural Livelihood Mission (NRLM), India has 7.5 million Women Self Help Groups (SHGs) spread across 27 states and 6 Union Territories. Each of these small, self-governed, and peer-co..