Nobel laureate Dr Muhammad Yunus reportedly has sought a review of the court decision that upheld his removal from his position as managing director of Bangladeshi microfinance institution (MFI) Grameen Bank. Continue Reading »
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MICROCAPITAL BRIEF: Dr Muhammad Yunus to Seek Court Review of His Removal as Managing Director of Bangladeshi Microfinance Institution Grameen Bank
MICROCAPITAL BRIEF: State Bank of Pakistan Releases Five-Year “Microfinance Strategic Framework,” Launches Financial Literacy Programme
The State Bank of Pakistan (SBP), Pakistan’s central bank, recently announced that it has developed a detailed strategy to promote the sustainable growth of microfinance as outlined in its “Microfinance Strategic Framework 2011-2015” that is intended to “foster a pro-poor and sustainable development of the country” [1]. Continue Reading »
MICROCAPITAL BRIEF: Krung Thai Bank of Thailand Downscaling to Offer Microfinance
The Krung Thai Bank Public Company Limited (KTB), a government-owned commercial bank in Thailand, recently announced that it has initiated microfinance operations by providing loans to lower-income people that do not have regular salaries [1]. Continue Reading »
MICROCAPITAL BRIEF: Grameen-Jameel Achieves 1.5m Microfinance Clients Reached, $53m Facilitated
Grameen-Jameel, a joint venture of the US-based Grameen Foundation and the UK-based Abdul Latif Jameel Foundation, recently announced in its first “partners’ meeting” that it has reached 1.5 million clients through its partner microfinance institutions (MFIs) [1]. Continue Reading »
MICROCAPITAL BRIEF: Indian Microfinance Institutions Shift from Lending Mostly to Women Towards Relatively Gender-Balanced Portfolio, Reports Elena Bridgers in Stanford Social Innovation Review
Elena Bridgers, a social researcher based in France, recently authored an article on the website of the US-based Stanford Social Innovation Review exploring the shift of microfinance institutions (MFIs) in India from a primarily “female client base” to a more “gender-balanced portfolio” [1]. Continue Reading »
MICROCAPITAL BRIEF: Asasah of Pakistan to Collect Microloan Repayments via Easypaisa Service of Tameer Microfinance Bank, Telenor Pakistan
Asasah, a microfinance institution (MFI) in Pakistan, reportedly has announced that it will be utilizing Easypaisa, the branchless banking service of MFI Tameer Microfinance Bank Limited (TMFB) of Pakistan, as an option for borrowers to repay their loans [1]. Continue Reading »
MICROFINANCE PUBLICATION ROUND-UP: Directory of Microfinance Investors in Africa; Impact Investors in Asia; Book on Microfinance Due Diligence
“AMT Directory of Microfinance Investors,” published by the African Microfinance Transparency Forum (AMT), November 2011, available for a fee through info@amt-forum.org, preview available at: http://www.amt-forum.org/fileadmin/media_amt/publications/AMT_Directory_…
Luxembourg-based nonprofit African Microfinance Transparency Forum (AMT) recently published the third edition of its directory of microfinance investors, which is updated every two years to facilitate relationships between African microfinance institutions (MFIs) and investors active in Africa. Continue Reading »
MICROCAPITAL BRIEF: Vietnam Sets 10-Year Microfinance Strategy, French Development Agency Donates $1.3m
The Prime Minister of Vietnam recently approved a National Microfinance Strategy, which aims to develop a safe and sustainable microfinance system to ensure social welfare and sustainable poverty eradication in the country Continue Reading »
MICROCAPITAL BRIEF: International Finance Corporation (IFC), India’s Microfinance Institutions Network (MFIN) Promote Reporting to Credit Information Bureau
The International Finance Corporation (IFC), the private-investment arm of the World Bank Group, and the Microfinance Institutions Network (MFIN), a self-regulatory organization of Indian microfinance institutions, are working together to encourage microfinance institutions to start reporting to the country’s Credit Information Bureau, which is intended to promote responsible lending. Continue Reading »
MICROFINANCE PUBLICATION ROUND-UP: Group Versus Individual Lending in Mongolia, “State of the Practice” of Client Protection, Uganda “Triple Partnership” Case Study
“Group lending or individual lending? Evidence from a randomised field experiment in Mongolia” by Orazio Attanasio, Britta Augsburg, Ralph De Haas, Emla Fitzsimons, Heike Harmgart; published by the European Bank for Reconstruction and Development (EBRD); December 2011; 48 pages; available at: http://www.ebrd.com/downloads/research/economics/workingpapers/wp0136.pdf… Continue Reading »
MICROCAPITAL BRIEF: Nepal to Introduce Microinsurance Fund, Deems Work of NGOs Offering Microinsurance “Illegal” Unless Working with Licensed Insurance Companies
The Nepalese government is instituting a microinsurance fund that will “reinsure” products sold by insurers to “divert risk created by settlement of insurance claims” [1]. Continue Reading »
MICROFINANCE PAPER WRAP-UP: Poverty, Income Inequality, and Microfinance in Thailand; By Kelly Bird, Kelly Hattel, Eiichi Sasaki and Luxmon Attapich; Published by the Asian Development Bank
By Kelly Bird, Kelly Hattel, Eiichi Sasaki and Luxmon Attapich; Published by the Asian Development Bank; November 2011; 23 pages; available at http://beta.adb.org/sites/default/files/poverty-income-inequality-microfinance-thailand.pdf Continue Reading »
MICROCAPITAL BRIEF: Groupe Provoir Launches Prevoir Kampuchea Micro-life Insurance in Cambodia
Prevoir Kampuchea Micro-life Insurance Public Limited Company (PKMI), a subsidiary of French insurer Groupe Prevoir, has been launched in Cambodia after receiving an operating license from the Ministry of Economy and Finance. Continue Reading »
MICROCAPITAL BRIEF: Bank Negara Malaysia (BNM) Launches MobileLINK Vehicle to Expand Outreach
Bank Negara Malaysia (BNM), the country’s central bank, has recently launched “MobileLINK,” a customer service coach specially-built to support BNM’s efforts to promote financial inclusion by extending outreach to a wider community. Continue Reading »
MICROCAPITAL BRIEF: Philippine Central Bank May Raise Microfinance Loan Ceiling, Roll Out Central Credit Information Corporation (CCIC) by Year End
Bangko Sentral ng Pilipinas (BSP), the Philippine central bank, reportedly is considering an increase in the ceiling for microfinance loans from the current PHP 150,000 (USD 3,445). Continue Reading »
MICROCAPITAL BRIEF: Vikram Akula Resigns from Board of India’s SKS Microfinance
Vikram Akula, the Founder and Chairman of the Indian microfinance institution (MFI) SKS Microfinance, has resigned from its board of directors. Continue Reading »
MICROCAPITAL BRIEF: Securities and Exchange Commission of Pakistan (SECP) to Launch Microinsurance Regulatory Framework by June 2012
The Securities and Exchange Commission of Pakistan (SECP), an autonomous body whose purpose is to develop the corporate sector in the country, will reportedly launch a microinsurance regulatory framework by June 2012. Continue Reading »
MICROFINANCE EVENT: Mobile Payments and NFC World Summit 2012, Hong Kong, April 19 – 20, 2012
Event Name: Mobile Payments & NFC (Near Field Communications) World Summit 2012
Event Date: April 19 – April 20, 2012
Event Location: Eaton Smart, 380 Nathan Road, Kowloon, Hong Kong Continue Reading »












