About 8 million small borrowers in Andhra Pradesh, India have become ineligible for loans from the major microfinance institutions of the country. This follows the assessment of two credit bureaus Equifax and High Mark that began recording the credit history of all MFI clients in the country since March this […]
Concerned over the low penetration of insurance, the insurance watch dog in India, the IRDA or Insurance Regulatory and Development Authority has proposed to sell micro-insurance products through chemists, kirana and petrol pumps to increase penetration. The regulator has proposes to allow individual owners of kirana shops, fair price shops, medical […]
The Bangladeshi government is going after Muhammad Yunus, who received the Nobel Peace Prize in 2006 for his work in the field of microfinance through an investigation which claims he may have held tax-exempt status while serving as managing director of Grameen Bank. Read more here.
Helped by the growth of microinsurance and weather-index insurance, India’s weather insurance market has been experiencing rapid growth in recent years. Read more here.
Droughts in the Indian Sub-Continent, floods in East Asia and other such occurrences in parts of Asia are fast becoming regular realities of our world, but are affecting the farmers are the Bottom of the Pyramid more disproportionately. The microfinance sector in Asia desperately needs a fresh promising face, and […]
While a number of companies are queuing up in search of business opportunities post the instating of a reformist government in Myanmar, Myanmar is still desperately short of banks and other financial service providers. Microfinance initiatives, which provide small, low-cost loans to the poor are seen by experts as a […]
This post lists eight facts and predictions from the ground that are little known about the Indian microfinance sector, by Alex Counts, CEO and President of Grameen Foundation. Read more here.
A new project launched by Accion seeks to decrease operating costs and increase disbursement speed by better analysing client risk. Avanza, a new service developed by Accion, seeks to increase the efficiency of MFIs by managing microfinance portfolios on behalf of banks and microfinance institutions. Read more here.
Eight Lessons Learned: Inputs for policy considerations in developing resilience against climate risks for small scale farmers in semi-arid regions, full report
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..
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..
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..