Monday, March 16, 2009

NEWS WIRE: Microfinance Gateway: Take the CGAP Impact of the Global Financial Crisis on MFIs and their Clients

Source: Microfinance Gateway.
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Monday, March 16, 2009

NEWS WIRE: Over 80 percent of Investors have not Reduced their Microfinance Investment Portfolio Due to the Global Recession

Source: Microfinance Insights .
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Friday, March 13, 2009

NEWS WIRE: How technology built the microfinance industry

Source: Computer World .

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Thursday, February 26, 2009

PRESS RELEASE: Winners from the 2008 CGAP Microfinance Photography Contest

Source: Microfinance Gateway

Somenath Mukhopadhyay, a teacher in a government-run school in West Bengal, India, is the winner of the 2008 CGAP Microfinance Photography Contest. The judges unanimously chose this image of a young girl preparing radishes to take to market in Tarapur village, Birbhum, for the top prize. Amateur photographer Mukhopadhyay won out over more than 700 entries from professional and nonprofessional photographers in 40 countries all over the world. Continue Reading »

Thursday, February 26, 2009

PRESS RELEASE: AccessBank’s Portfolio sets new records

Source: AccessBank.

Baku, 23 February 2009 - AccessBank continues to set new records in its business lending. Today the business loan portfolio crossed the USD 200 million and 50,000 client thresholds. Almost simultaneously the Micro loan portfolio exceeded USD 100 million demonstrating the bank’s commitment to its corporate mission of providing access to financial services for micro and small entrepreneurs. It is notable that the Micro loan which pushed the portfolio over this new threshold was disbursed by the Khachmaz branch as AccessBank attaches special improtance to increasing access to financial services specifically in the regions of Azerbaijan. AccesssBank is experiencing increased demand for its services and only during the first three week of this month the Bank has disbursed over 4,500 micro business loans for over USD 13 million. These are record figures for the bank for a three-week period. Loans for micro and small enterprises are a specialization of AccessBank. The Bank disburses loans to its customers depending on their needs starting from 100 up to one-million USD / AZN / EUR. Continue Reading »

Tuesday, February 24, 2009

NEWS WIRE: S.E.VEN Fund Awards Grant: Improving Flows of Foreign Capital to the Microfinance Industry

Source: NewsGuide.us

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Monday, February 23, 2009

PRESS RELEASE: Standard Chartered conducts workshop on HR Management for MFIs in India

Source: Standard Chartered

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Friday, February 20, 2009

NEWS WIRE: Bahrain launches first poor people’s bank

Source: Gulf News.

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Wednesday, February 18, 2009

PRESS RELEASE: EBRD provides €3m loan to Inicjatywa Mikro

Source: European Bank for Reconstruction and Development (EBRD).
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Wednesday, February 18, 2009

PRESS RELEASE: Crisis Hitting Poor Hard in Developing World, World Bank says

Source: The World Bank.
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Monday, February 16, 2009

NEWS WIRE: Microfinance: Ready for its Big Leap?

Source: US Banker.

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Thursday, February 12, 2009

PRESS RELEASE: Oikocredit increases investments in turmoil of credit crisis

Source: Oikocredit.
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Friday, February 6, 2009

PRESS RELEASE: UNCDF/UNDP Project Launches a Mobile Bank to Support Access to Financial Services in Rural Areas

Source: Unied Nationals Capital Development Fund (UNCDF).
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Wednesday, February 4, 2009

PRESS RELEASE: UNCDF/UNDP Project Launches a Mobile Bank to Support Access to Financial Services in Rural Areas

Source: UNCDF (United Nationals Capital Development Fund).
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Wednesday, February 4, 2009

NEWS WIRE: Zurich to Launch Microinsurance with Women’s World Banking

Source: Insurance Journal.

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Tuesday, February 3, 2009

NEWS WIRE: ‘Lend to End Poverty’ Campaign Calls On World Economic Forum to Prioritize Microfinance

Source: CSR Wire.
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Tuesday, February 3, 2009

PRESS RELEASE: MicroVest Crosses $100m Mark in Assets under Management

Source: Microvest.

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Thursday, January 29, 2009

MICROFINANCE EVENT: Microinsurance Innovation Facility Announces Round 3 of Grants

Source: Microinsurance Innovation Facility.

The Microinsurance Innovation Facility has announced the availability of the third round of innovation grants. The grants aim to stimulate new ideas and test innovative approaches to providing better insurance products to low income households. In this round, the Facility will focus on small grants and consumer education. It will provide several small grants, under US$100,000, to help organizations start microinsurance activities, or test targeted innovations that do not require significant investments. The Facility also expects to support 3-5 consumer education initiatives that help low-income persons make informed choices regarding risk management tools, including insurance.

Organizations eligible for grants include:

Risk carriers
Delivery channels
Suppliers to the insurance industry

Applications must be submitted online (Online application) before 10 March 2009 (17:00 Central European time).

For applications, visit here. For questions about the eligibility and selection criteria and the application process, contact microinsurancegrants@ilo.org.