Friday, July 30, 2010

MICROCAPITAL BRIEF: Microfinance Information Exchange (MIX) Releases French Edition of 2009 Arab Microfinance Report

The Microfinance Information Exchange (MIX) in partnership with Sanabel, a nonprofit organization dedicated to advancing Arab microfinance, and CGAP (Consultative Group to Assist the Poor), an independent policy and research center housed at the World Bank Group, recently released the French edition of its 2009 Arab Microfinance Analysis and Benchmarking Report. Continue Reading »

Friday, July 30, 2010

MICROCAPITAL BRIEF: Microfinance Experts Express Concern Over Rapid Growth of Microlending by For-Profit Organizations in India

An article in the Financial Times titled, “Microfinancing Spreads Beyond India’s Grassroots,” discusses recent concerns raised by some microfinance experts surrounding the increase in microlending by profit-oriented companies in India. Continue Reading »

Monday, July 26, 2010

MICROCAPITAL BRIEF: Microfinance Information Exchange (MIX) Releases, “Microfinance Funders Profiles – A Short Guide for Young and Small Institutions Still Looking for a Match,” by Adrian Gonzalez

Microfinance Information Exchange (MIX) Lead Researcher, Mr Adrian Gonzalez, recently authored a report published by MIX discussing the funding sources for microfinance institutions (MFIs) in the lowest quartile in terms of size, age, profitability and portfolio quality. Continue Reading »

Thursday, July 15, 2010

MICROCAPITAL BRIEF: Dr Sanjay Sinha of M-CRIL Takes Issue with CGAP (Consultative Group to Assist the Poor)

Dr Sanjay Sinha, managing director at Micro-Credit Ratings International (M-CRIL), authored an article featured in Microfinance Focus in which he proposed changes to several of the ideas advocated by CGAP (Consultative Group to Assist the Poor), an independent policy and research center housed at the World Bank Group. Continue Reading »

Thursday, July 15, 2010

MICROCAPITAL BRIEF: Microcredit Summit Campaign Issues Call for Institutional Action Plans (IAPs) to be Presented at 2011 Global Microcredit Summit

The Microcredit Summit Campaign, a project initiated in 1997 by the RESULTS Educational Fund, a US-based advocacy organization that aims to alleviate hunger and poverty, is requesting that each of its member institutions submit an Institutional Action Plan (IAP). Continue Reading »

Thursday, July 15, 2010

MICROCAPITAL BRIEF: Mr Vijay Mahajan, President of Microfinance Institutions Network (MFIN) and Chairman of CGAP (Consultative Group to Assist the Poor), Argues Banks Should Charge Microfinance Institutions Less than 10%

In a recent interview featured on LiveMint, an Indian business newspaper owned by the Wall Street Journal, Mr Vijay Mahajan, President of the Microfinance Institutions Network (MFIN), a network of 39 microfinance institutions (MFIs) in India, argued that “banks should charge less than 10 percent while lending to MFIs.” Continue Reading »

Thursday, July 8, 2010

MICROCAPITAL BRIEF: President of Microfinance Institutions Network (MFIN), Mr Vijay Mahajan, Confronts “Misconceptions” About Microfinance Industry

Mr Vijay Mahajan, President of the Microfinance Institutions Network (MFIN), a self-regulated network organization of 39 microfinance institutions (MFIs) in India, authored an article recently published in India’s daily Economic Times addressing what he termed misconceptions about the microfinance industry. Continue Reading »

Thursday, July 8, 2010

MICROCAPITAL BRIEF: Germany’s Environment Ministry, KfW to Launch $500m Microfinance Fund for Climate Projects in Brazil, Asia, Africa

Germany’s Federal Environment Ministry recently announced it would be launching a USD 500 million climate fund that will provide microloans for individual energy efficiency or renewables projects initially through local banks in Brazil, China, India, Indonesia, Morocco, the Philippines and South Africa. Continue Reading »

Tuesday, July 6, 2010

MICROCAPITAL BRIEF: responsAbility Global Microfinance Fund and responsAbility Mikrofinanz-Fonds Invest $200,000 in FASO Investments and Catalyst Microfinance Investors (CMI), Which Invest in Asia and Africa

responsAbility, a Swiss-based microfinance investment vehicle (MIV) manager, recently reported to MicroCapital that it has invested USD 201,000 in equity financing from two of the funds it manages in two microfinance-focused investment firms. Continue Reading »

Tuesday, July 6, 2010

MICROCAPITAL BRIEF: Grameen Foundation Releases Paper, “Measuring the Impact of Microfinance: Taking Another Look” by Professor Kathleen Odell

The Grameen Foundation, a US-based nonprofit organization, has released a paper, titled, “Measuring the Impact of Microfinance: Taking Another Look,” to address and inform the current debate surrounding microfinance’s efficacy in reducing poverty and ameliorating other social problems. Continue Reading »

Monday, July 5, 2010

MICROCAPITAL BRIEF: responsAbility Global Microfinance Fund and responsAbility Mikrofinanz-Fonds Lend $1.5m to Arnur Credit of Kazakhstan, AfK of Kosovo and Arvand of Tajikistan

responsAbility, a Swiss-based microfinance investment vehicle (MIV) manager, recently reported to MicroCapital that it has provided USD 1.5 million in debt financing from two of the funds it manages to three microfinance institutions (MFIs) in Kosovo and Central Asia. Continue Reading »

Friday, July 2, 2010

MICROCAPITAL BRIEF: responsAbility Global Microfinance Fund and responsAbility Mikrofinanz-Fonds Disburse $72,000 to KapitalMujer and Te Creemos of Mexico

responsAbility Global Microfinance Fund, a Swiss-based microfinance investment vehicle (MIV) manager, recently reported to MicroCapital that it has provided MXN 942,000 (USD 72,000) in debt financing to two Mexican microfinance institutions (MFIs). Continue Reading »

Wednesday, June 30, 2010

MICROFINANCE EVENT: XIII FOROMIC 2010: Inter-American Forum on Microenterprise, October 6 to 8, 2010, Montevideo, Uruguay, Sponsored by the Multilateral Investment Fund, Organized by the Inter-American Development Bank

Event Name: XIII FOROMIC 2010: Inter-American Forum on Microenterprise

Event Date: October 6 to 8, 2010

Event Location: Montevideo, Uruguay

See Our Comprehensive Event Calendar Here: http://microfinanceassociation.ning.com/events Continue Reading »

Wednesday, June 30, 2010

MICROCAPITAL BRIEF: Microfinance Information Exchange (MIX) and Sanabel Grant Certificates of Transparency to 43 Arab Microfinance Institutions

The nonprofit Microfinance Information Exchange (MIX) and Sanabel, a nonprofit organization dedicated to advancing Arabic microfinance, recently awarded certificates of transparency to 43 microfinance institutions from Arab countries. Continue Reading »

Wednesday, June 23, 2010

MICROCAPITAL BRIEF: Oikocredit Lends $1.6m in Local-currency to Five Latin American Microfinance Institutions

Oikocredit, a microfinance investment fund in the Netherlands with assets of USD 665 million, recently loaned USD 1.6 million to five Latin American microfinance institutions (MFIs): Amanecer of Colombia, Coopesparta of Costa Rica, Proempresa of Peru, FINCA Peru and Norandino of Peru. Continue Reading »

Tuesday, June 22, 2010

MICROCAPITAL BRIEF: Oikocredit Lends $3.14m in Local-currency to Nine Indian Microfinance Institutions

Oikocredit, a microfinance investment fund in the Netherlands with assets of USD 665 million, recently loaned INR 145 million (USD 3.14 million) to nine Indian microfinance institutions (MFIs). Continue Reading »

Tuesday, June 22, 2010

MICROCAPITAL BRIEF: Oikocredit Loans $1.37m to Seven Microfinance Institutions in Bulgaria, Asia and Africa

Oikocredit, a microfinance investment fund in the Netherlands with assets of USD 665 million, recently loaned USD 1.37 million to seven microfinance institutions (MFI) in Bulgaria, Tajikistan, Benin, the Philippines and Ghana. Continue Reading »

Monday, June 21, 2010

MICROCAPITAL BRIEF: BlueOrchard Finance Invests $6.5m in Latin American Microfinance Institutions

BlueOrchard Finance, a Swiss asset management company, recently invested USD 6.5 million from its Dexia MicroCredit Fund (DMCF) in three Latin American microfinance institutions (MFIs): Forjadores of Mexico, Women’s World Banking (WWB) Popayan of Colombia and D-Miro of Ecuador. Continue Reading »