‘The Smart Campaign,’ an initiative of the global microfinance industry housed at the Centre for Financial Inclusion at Accion, is partnering with the Micro Finance Institutions Network (MFIN) and Sa-Dhan, India’s two national industry associations for microfinance institutions. The Smart Campaign is a global coalition of microfinance institutions, networks, associations, and other […]
Not a lot of us know about the essential history of Paraguayan microfinance and this post offers us an interactive way to rectify that. This quiz based post talks about the Financiera el Comercio, one of the newest partner institutions hosting Accion Ambassadors this summer. Read more here.
For poor people, small loans can change lives. This is the theme that helps Kiva with its inspiration. Kiva is a microfinance institution that lets the poor tell their stories online and get loans, while anyone with US$25 dollars can start to become a donor. Read more here. Kiva has […]
This post has an informative 6 minute video which focuses onpilot programmes to extend micro-insurance schemes for some of Kenya’s smallest and poorest farmers in a country. Read more and watch the video here.
This Q&A session with Vijay Mahajan, the president of the Microfinance Institutions Network of India and also the founder and chairman of the Basix social enterprise group talks about the implications of the new bill and the way ahead for the microfinance sector – a sector in which people have […]
Nobel prize winner Muhammad Yunus said Thursday that microfinance could help disaster-struck Japan rebuild, even though the concept he pioneered is usually associated with poor and developing nations. He said this in respect to people losing their jobs, and thus requiring micro-loans to start self-employment projects. Read more here.
Faced with rising operational and claim costs, insurance operators and professionals in the country have started exploring ways of bringing down their costs to shore up the profitability of insurance business. Micro-insurance has now gained ground across the African market in recent times, but in Nigeria where the need strongly […]
In a study conducted between two villages in Karnataka, India, it was found that people who took out microfinance loans were people with lower incomes than those who didn’t take the loans. This is a widespread phenomenon, because the only way microfinance can work, is to ensure that profits from […]
At the three day conference organized by the finance ministry and AMFIU (Association of Microfinance Institutions), the issue of high interest rates charged by MFIs was brought up. According to David Baguma, the head of AMFIU, interest of 2 per cent to 3 per cent per month is on the […]
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