Category: Key Players

MICROCAPITAL BRIEF: DiD Supports Microfinance Institution Kafo Jiginew in Offering “Input Savings” Voucher Plan to Help Farmers in Mali Save for Seeds, Fertilizer

Developpment international Desjardins (DiD), a nonprofit unit of Canada’s cooperative Desjardins Group that promotes financial services in developing countries, recently partnered with Kafo Jiginew, a microfinance institution in Mali, to help it introduce a savings plan intended to address the fact that small-scale farmers often run out of funds between harvest and planting time. Continue reading

Share
Written by Comments Off on MICROCAPITAL BRIEF: DiD Supports Microfinance Institution Kafo Jiginew in Offering “Input Savings” Voucher Plan to Help Farmers in Mali Save for Seeds, Fertilizer Posted in Africa, Key Players, Trends/Challenges

SPECIAL REPORT: 7th European Microfinance Award: $112k for Education Funding

Christoph Pausch serves as Executive Secretary of the European Microfinance Platform (e-MFP). The European Microfinance Award is jointly organised by the Luxembourg Ministry of Foreign and European Affairs, e-MFP and the Inclusive Finance Network Luxembourg. For more details, please visit http://www.european-microfinance-award.com.

MicroCapital: Why is education access the topic of this year’s Award?

Christoph Pausch: Education is the strongest predictor of economic
well-being, and it can also have a major impact on health, women’s empowerment and even population growth. Unfortunately, Continue reading

Share

MICROCAPITAL BRIEF: EIB Pledges Venture Capital to Microfinance Institutions, Microfinance Investment Vehicles Operating in the Southern Mediterranean

The European Investment Bank (EIB), the long-term lending institution of the European Union (EU), recently pledged to create a venture capital scheme to support microfinance institutions and microfinance investment vehicles operating in the Middle East and North Africa within the next four months. Continue reading

Share

MICROCAPITAL BRIEF: IFC Lends Burgan Bank of Turkey $60m to Boost Local SMEs’ Access to Finance

The International Finance Corporation (IFC), a member of the World Bank Group, recently announced it has loaned USD 60 million to Burgan Bank A.S., the Turkish subsidiary of Kuwait’s Burgan Bank Group. Continue reading

Share

MICROFINANCE PAPER WRAP-UP: Guidance on the Application of the Core Principles for Effective Banking Supervision to Institutions Relevant to Financial Inclusion, published by the Basel Committee

“Guidance on the Application of the Core Principles for Effective Banking Supervision to the Regulation and Supervision of Institutions Relevant to Financial Inclusion”, published by the Basel Committee on Banking Supervision, December 2015, 55 pages, available at http://www.bis.org/bcbs/publ/d351.pdf Continue reading

Share

MICROCAPITAL BRIEF: European Fund for Southeast Europe (EFSE) Loans $22m to Fibabanka of Turkey to Support Micro-, Small-scale Agriculture

The European Fund for Southeast Europe (EFSE), a Luxembourg-based microfinance investment vehicle (MIV), recently announced it has loaned Fibabanka, a Turkish commercial bank, EUR 20 million (approximately USD 22 million) to finance micro- and small enterprises (MSEs) working in the Turkish agricultural sector. Continue reading

Share

MICROCAPITAL BRIEF: ResponsAbility Investments Loans $15m to Trustco of Namibia for Education Funding

ResponsAbility Investments AG, a Swiss company specializing in investments in areas such as fair trade, recently informed MicroCapital that it has agreed to loan USD 15 million to Trustco Group Holdings Limited (Trustco), a company based in Windhoek, Namibia, that specializes in microfinance, micro-insurance and financial education. Continue reading

Share
Written by Comments Off on MICROCAPITAL BRIEF: ResponsAbility Investments Loans $15m to Trustco of Namibia for Education Funding Posted in Africa, Deals, Key Players

SPECIAL REPORT: June 1 is Deadline for $114k European Microfinance Award: “Microfinance and Access to Education”

June 1 is the deadline to apply for the seventh European Microfinance Award, which is themed “Microfinance and Access to Education” and includes the opportunity to win EUR 100,000 (approximately USD 114,000). Continue reading

Share

MICROCAPITAL BRIEF: IFC Invests $25m in Debt in First National Bank Zambia, Primarily For Agricultural SMEs

International Finance Corporation (IFC), a member of the World Bank Group, recently loaned USD 25 million to First National Bank Zambia (FNB Zambia), a subsidiary of FirstRand Group South Africa. Continue reading

Share
Written by Comments Off on MICROCAPITAL BRIEF: IFC Invests $25m in Debt in First National Bank Zambia, Primarily For Agricultural SMEs Posted in Africa, Key Players

MICROCAPITAL BRIEF: IFC Invests $7.5m in Debt, Equity in Microfinance Institution Maha Agriculture of Myanmar

The International Finance Corporation (IFC), a member of the World Bank Group, recently invested USD 6 million in debt and USD 1.5 million in equity in Maha Agriculture Public Company Limited, a microfinance subsidiary of Myanma Awba Group <http://www.awba-group.com/>, an agrochemical fertilizer company in Myanmar. Continue reading

Share

MICROCAPITAL BRIEF: Global Impact Investing Network (GIIN) Updates Impact Reporting and Investment Standards (IRIS)

The Global Impact Investing Network (GIIN), a nonprofit organization dedicated to increasing the effectiveness of investments intended to solve social and environmental problems, recently announced it launched an updated version of the Impact Reporting and Investment Standards (IRIS), a free tool intended to support the transparency, credibility and accountability of impact measurement. Continue reading

Share
Written by Comments Off on MICROCAPITAL BRIEF: Global Impact Investing Network (GIIN) Updates Impact Reporting and Investment Standards (IRIS) Posted in Key Players

MICROFINANCE PUBLICATION ROUND-UP: Improving Financial Capability in India, Mexico; Mobile Money Usage; Post-Disaster, Post-Conflict Microfinance

A Change in Behavior: Innovations in Financial Capability;” by J. Arnold, E. Rhyne; published by the Center for Financial Inclusion at Accion, JPMorgan Chase & Co; April 2016; 47 pages; available at: https://centerforfinancialinclusionblog.files.wordpress.com/2016/04/a-change-in-behavior-final.pdf Continue reading

Share

MICROCAPITAL BRIEF: European Fund for Southeast Europe (EFSE) to Provide Technical Assistance, $2.8m Loan to Microcredit Foundation MI-BOSPO of Bosnia and Herzegovina

The European Fund for Southeast Europe (EFSE), a Luxembourg-based microfinance investment vehicle (MIV), recently announced it has loaned Microcredit Foundation MI-BOSPO, a nonprofit microfinance institution in Bosnia and Herzegovina, EUR 2.5 million (approximately USD 2.8 million). Continue reading

Share

MICROCAPITAL BRIEF: Indian Microfinance Lender Equitas Holdings Goes Public, Raising $330m

Equitas Holdings Limited, an Indian microfinance lender, recently opened its primary market sale. Continue reading

Share

MICROFINANCE EVENT: Association of the Luxembourg Fund Industry (ALFI), Luxembourg Fund Labelling Agency (LUXFLAG), European Microfinance Platform (e-MFP), Global Impact Investing Network (GIIN) to Co-host “Impact Investing Conference,” May 12, 2016, Luxembourg

Event Name: Impact Investing Conference

Event Dates: May 12, 2016

Event Location: Namur Premises, Luxembourg-Hamm Continue reading

Share
Written by Comments Off on MICROFINANCE EVENT: Association of the Luxembourg Fund Industry (ALFI), Luxembourg Fund Labelling Agency (LUXFLAG), European Microfinance Platform (e-MFP), Global Impact Investing Network (GIIN) to Co-host “Impact Investing Conference,” May 12, 2016, Luxembourg Posted in Events, Key Players

MICROCAPITAL BRIEF: European Fund for Southeast Europe (EFSE) Lends $17m to Finansbank of Turkey, Half for Micro-, Small Enterprises

The European Fund for Southeast Europe (EFSE), a Luxembourg-based microfinance investment vehicle (MIV), recently extended a loan facility totalling EUR 15 million (approximately USD 17 million) to Finansbank A.S., a Turkish subsidiary of the National Bank of Greece Group, a financial conglomerate based in Athens. Continue reading

Share
Written by Comments Off on MICROCAPITAL BRIEF: European Fund for Southeast Europe (EFSE) Lends $17m to Finansbank of Turkey, Half for Micro-, Small Enterprises Posted in Deals, Key Players