MICROFINANCE EVENT: Burgundy School, Chinese Association of Microfinance, Shanghai Jiao Tong University to Host 7th International Conference on the Institutional, Technological Environment for Microfinance (ITEM7), March 15-17, 2016, Shanghai, China

Event Name: 7th International Conference on the Institutional and Technological Environment for Microfinance (ITEM7)

Event Dates: March 15-17, 2016

Event Location: Shanghai Jiao Tong University, Shanghai, China Continue reading

Written by Comments Off on MICROFINANCE EVENT: Burgundy School, Chinese Association of Microfinance, Shanghai Jiao Tong University to Host 7th International Conference on the Institutional, Technological Environment for Microfinance (ITEM7), March 15-17, 2016, Shanghai, China Posted in Eastern Europe and Central Asia, Events

MICROFINANCE EVENT: European Microfinance Network (EMN) to Host 13th Annual Conference “Who, What and For Whom? Shaping European Microfinance,” June 16-17, 2016, Warsaw, Poland

Event Name: 13th Annual EMN Conference “Who, What and For Whom? Shaping European Microfinance”

Event Dates: June 16-17, 2016

Event Location: Novotel Warszawa Centrum Hotel, Warsaw, Poland Continue reading

Written by Comments Off on MICROFINANCE EVENT: European Microfinance Network (EMN) to Host 13th Annual Conference “Who, What and For Whom? Shaping European Microfinance,” June 16-17, 2016, Warsaw, Poland Posted in Deals, Events, Key Players

MICROCAPITAL BRIEF: Financial Sector Development Program (FSD) Africa to Invest $2m in Microinsurance Innovation Laboratory of International Labor Organization’s (ILO’s) Impact Insurance Facility

The Financial Sector Development Program (FSD) Africa, a project funded by the UK’s Department for International Development (DfID), will invest USD 1.8 million over the next four years in the “microinsurance innovation laboratory” by the Impact Insurance Facility (IIF) of the International Labor Organization (ILO), an agency of the United Nations. Continue reading

MICROCAPITAL BRIEF: Africa Board Fellowship on Financial Inclusion Accepting Applications Through February 29, 2016

The Center for Financial Inclusion (CFI), an affiliate of the US-based nonprofit Accion that aims to promote universal financial access, is seeking board members and chief executives of organizations that work toward financial inclusion in sub-Saharan Africa to enroll in its six-month Africa Board Fellowship. Continue reading

Written by Comments Off on MICROCAPITAL BRIEF: Africa Board Fellowship on Financial Inclusion Accepting Applications Through February 29, 2016 Posted in Africa, Events

MICROCAPITAL BRIEF: Bangko Sentral Ng Pilipinas (BSP) Allows Micro-Banking Offices (MBOs) to Approve New Deposit Accounts

Bangko Sentral Ng Pilipinas (BSP), the central bank of the Philippines, recently authorized micro-banking offices (MBOs) of financial institutions to extend the range of “allowable activities” [1] with the aim of increasing financial inclusion in the rural parts of the country. Continue reading

MICROCAPITAL BRIEF: Microfinance Network FINCA International Appoints Andree Simon as Co-CEO

The Foundation for International Community Assistance (FINCA International), a US-based nonprofit with microfinance operations in 23 countries, recently announced the promotion of Andrée Simon to the position of co-CEO of FINCA Microfinance Holding LLC (MFH), FINCA’s network of microfinance subsidiaries. Continue reading

MICROFINANCE EVENT: Middle East Global Advisors (MEGA) to Host 2nd International Forum on Islamic Finance (IFIF), November 24-25, 2015, Khartoum, Sudan

Event Name: 2nd International Forum on Islamic Finance

Event Dates: February 9-10, 2016

Event Location: Al Salam Rotana Hotel, Khartoum, Sudan Continue reading

MICROCAPITAL BRIEF: Symbiotics Issues $22m in Bonds to Benefit Indian Microfinance Institutions (MFIs) Annapurna, ESAF Microfinance and Investment (EMFIL), Satin Creditcare

Symbiotics, a Switzerland-based investment company that focuses on emerging markets, recently informed MicroCapital that it has completed bond transactions with a total value of USD 22 million. Continue reading

MICROFINANCE PUBLICATION ROUND-UP: ING’s Billion to Gain: Geographic Variations in Microfinance Impact; Indian Mobile Wallet Market Growth; Profiting From Financial Inclusion

“A Billion to Gain? Microfinance Clients Are Not Cut from the Same Cloth,” G. Hieminga, R. Budjhawan, S. Eriksen, I. Unger; published by ING Bank; November 2015; 8 pages; available at: http://www.ingcb.com/insights/research/microfinance-emancipating-the-worlds-poorest Continue reading

MICROCAPITAL BRIEF: Central Bank of West African States, Islamic Corporation for the Development of the Private Sector to invest $30m in small, medium-sized enterprises (SMEs)

Banque Centrale des Etats de L’Afrique (BCEAO), the central bank for eight West African countries, and the Islamic Corporation for the Development of the Private Sector (ICD), a development finance institution affiliated with the Saudi Arabia-based Islamic Development Bank, recently agreed to provide USD 30 million to small and medium-sized enterprises (SMEs) in the West African Economic and Monetary Union (WAEMU). Continue reading

MICROCAPITAL BRIEF: C-Quadrat’s Dual Return Funds Loan $6.5m to Microfinance Institutions (MFIs) in China, Panama

During January 2016, Austria’s C-Quadrat Asset Management issued loans worth the equivalent of USD 6.5 million via its two Dual Return Funds to unspecified microfinance institutions (MFIs) in China and Panama. Continue reading

MICROCAPITAL BRIEF: Maria Cavalcanti to Serve as New CEO, President of Pro Mujer

Pro Mujer, a US-based nonprofit that provides healthcare, training and financial services to women in Latin America, recently appointed Maria Cavalcanti as its President and CEO. Continue reading

MICROCAPITAL BRIEF: Symbiotics Completes Bond Disbursements Totaling $5.5m to Microfinance Institution Prasac of Cambodia

Symbiotics Group, a Swiss for-profit provider of investment and business services, recently issued the second tranche of a bond totaling USD 5.5 million to Prasac, a Cambodian microfinance institution (MFI). Continue reading

MICROCAPITAL BRIEF: Luxembourg Directorate for Development and Cooperation (LuxDev) Donates $219k to Support Microfinance Institution (MFI) Asusu Of Niger to Train 550 Young Entrepreneurs

The Luxembourg Directorate for Development and Cooperation (LuxDev), a government-owned institution encouraging international development, has awarded a donation of EUR 200,000 (USD 218,000) to ADA, a Luxembourg-based nonprofit organization formerly known as Appui au Developpement Autonome. The donation is intended to assist Asusu, a Niger-based microfinance institution (MFI). Continue reading

MICROCAPITAL BRIEF: India’s Sa-Dhan, Microfinance Institutions Network (MFIN) Revise Code of Conduct

Sa-Dhan, an India-based association of 214 microlenders and other financial institutions, and the Microfinance Institutions Network (MFIN), a trade association of 48 Indian microfinance lenders, recently launched a revised code of conduct. Continue reading

MICROCAPITAL BRIEF: Fondazione Giordano Dell’Amore, European Microfinance Network Accepting Applications for $54k Microfinance Good Practices Award Through February 14, 2016

Fondazione Giordano Dell’Amore, an Italian foundation that supports microfinance, and the European Microfinance Network, a Belgian nongovernmental organization (NGO), recently announced the eighth annual edition of the Microfinance Good Practices Europe Award, a series that aims to increase awareness about microfinance as a tool for alleviating poverty and promote the sharing of good practice among microfinance organizations in Europe. Continue reading

Written by Comments Off on MICROCAPITAL BRIEF: Fondazione Giordano Dell’Amore, European Microfinance Network Accepting Applications for $54k Microfinance Good Practices Award Through February 14, 2016 Posted in Key Players, Trends/Challenges

MICROCAPITAL BRIEF: Olympus Capital Asia Invests $30m in Equity in Microfinance Institution Network CreditAccess

Olympus Capital Asia, a private equity firm with offices in Hong Kong, New Delhi, Seoul, Shanghai, Singapore and New York, recently invested USD 30 million in equity in CreditAccess Asia, a Dutch operator of microfinance institutions (MFIs) in India, Indonesia and the Philippines, aiming to help expand CreditAccess Asia’s retail lending services. Continue reading