Shares of SKS Microfinance Ltd, India’s lone listed micro lender, rose as much as 16 per cent in intra-day trading on Monday, which company officials attributed to positive investor sentiment generated by the Reserve Bank of India (RBI) decision to ease rules governing microfinance institutions (MFIs). Read more here.
After reports of borrowers committing suicide in the state, the Andhra Pradesh government had come out with the ‘AP Microfinance Ordinance’ in October 2010, which was subsequently legislated into an Act, which crippled micro-finance institutions (MFIs) including leading player SKS. In the wake of the new regulations, repayment of MFI […]
More than 50 percent of Abyan’s microfinance program clients were exposed to inconsistent material losses due to the military confrontations between the Yemeni army and Ansar Al-Sharia during the past few months. A recent field study prepared by the Microfinance Network in Yemen and conducted by Ghamdan Awnfound that 45 […]
The graduation model is based on assisting the poorest of the poor with a fixed regular assistance and training that will, over a period of time help them to raise themselves out of poverty. This post provides ten lessons that help expand the impact of the graduation model. Read it […]
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 […]
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