Category: Key Players

MICROCAPITAL BRIEF: Alliance for Financial Inclusion Launches African Mobile Phone Financial Services Policy Initiative (AMPI)

The Alliance for Financial Inclusion (AFI), a Thailand-based network of financial policymakers from approximately 85 countries, recently launched the African Mobile Phone Financial Services Policy Initiative (AMPI), which will aim to address barriers to the “uptake of mobile financial services” in Africa. Continue reading

Share

MICROCAPITAL BRIEF: Rockefeller, Tony Elumelu Foundations Launch “Impact Economy Innovations Fund” for Africa

The Rockefeller Foundation, a US-based organization, and the Tony Elumelu Foundation, a Nigeria-based organization, recently announced the launch of the Impact Economy Innovations Fund (IEIF), an impact investment fund operating across Africa. Continue reading

Share

MICROCAPITAL BRIEF: European Bank for Reconstruction and Development Loans $197m to Turkey’s Isbank to Support Small, Medium-sized Enterprises, $350m to Turkish Banks for Energy Efficiency

The European Bank for Reconstruction and Development (EBRD), an international finance institution headquartered in London, plans to provide a financing facility of EUR 150 million (USD 197 million) to Isbank, a Turkish commercial bank. Continue reading

Share
Written by Comments Off on MICROCAPITAL BRIEF: European Bank for Reconstruction and Development Loans $197m to Turkey’s Isbank to Support Small, Medium-sized Enterprises, $350m to Turkish Banks for Energy Efficiency Posted in Eastern Europe and Central Asia, Key Players

MICROCAPITAL BRIEF: Macedonia to Boost Usage of $129m Credit Line from European Investment Bank to Support Small and Medium-sized Enterprises

The government of Macedonia reportedly has announced plans to step up disbursements from a credit line of EUR 100 million (USD 129 million) from the European Investment Bank (EIB), the long-term lending bank of the European Union. Continue reading

Share

MICROCAPITAL BRIEF: Online Fundraiser Kiva, Microlender Microinvest of Moldova End Partnership

Kiva, a US-based online microlending fundraiser, and Moldovan microfinance institution (MFI) Microinvest have agreed to terminate their six-year partnership for undisclosed reasons. Continue reading

Share

MICROCAPITAL BRIEF: International Finance Corporation (IFC), Netherlands’ Ministry of Foreign Affairs Partner with Fundacion para el Desarrollo Socioeconomico Rural (FUNDESER) of Nicaragua to Increase Financial Access for Micro, Small Entrepreneurs

The International Finance Corporation (IFC), a member of the US-based World Bank Group, and the Netherlands’ Ministry of Foreign Affairs recently partnered with Fundacion para el Desarrollo Socioeconomico Rural (FUNDESER), a microfinance institution (MFI) in Nicaragua, to improve its credit risk management system as part of the MFI’s ongoing transition into a regulated financial entity under Nicaragua’s Superintendency of Banks and Other Financial Institutions, known by the Spanish acronym SIBOIF. Continue reading

Share
Written by Comments Off on MICROCAPITAL BRIEF: International Finance Corporation (IFC), Netherlands’ Ministry of Foreign Affairs Partner with Fundacion para el Desarrollo Socioeconomico Rural (FUNDESER) of Nicaragua to Increase Financial Access for Micro, Small Entrepreneurs Posted in Deals, Key Players, Latin America, Regulation

MICROCAPITAL BRIEF: European Bank for Reconstruction and Development Loans $19m to UniCredit Serbia for Leasing to Small, Medium-sized Enterprises

The European Bank for Reconstruction and Development (EBRD), an international finance institution headquartered in London, has provided a loan of EUR 15 million (USD 19.2 million) to UniCredit Serbia, a subsidiary of the Italy-based financial services company UniCredit, to expand lease financing to small and medium-sized enterprises (SMEs) in Serbia. Continue reading

Share

MICROCAPITAL BRIEF: Overseas Private Investment Corporation (OPIC) Lends $5m to Thaneakea Phum Cambodia (TPC) to Expand Housing, Microfinance Loans

The Overseas Private Investment Corporation (OPIC), a development finance institution backed by the US government, recently finalized a USD 5 million loan to Thaneakea Phum Cambodia Limited (TPC), a Cambodian microfinance institution (MFI). Continue reading

Share

MICROCAPITAL BRIEF: VisionFund International, World Vision Use Microfinance to Supplement RIWASH Clean Water Initiative in Sri Lanka

World Vision International, a US-based Christian humanitarian organization, and its subsidiary VisionFund International, a US-based nonprofit organization, have supplied microfinance loans to 400 families supplement initiatives to increase access to clean water in Sri Lanka. Continue reading

Share

MICROCAPITAL BRIEF: International Finance Corporation Invests $28m in Equity in Bhutan National Bank to Increase Financial Inclusion; Lending to Micro-, Small and Medium-sized Enterprises

The International Finance Corporation (IFC), the private-investment arm of the World Bank Group, has invested USD 28 million in Bhutan National Bank, a publicly owned commercial bank, to increase its lending to micro-, small and medium-sized enterprises. Continue reading

Share

MICROCAPITAL BRIEF: Pro Mujer Bolivia, Deutsche Gesellschaft für Internationale Zusammenarbeit GmbH (GIZ) Partner to Raise Awareness of Violence Against Women

Pro Mujer Bolivia, a branch of the US-based nonprofit Pro Mujer, recently secured unspecified support from Deutsche Gesellschaft für Internationale Zusammenarbeit GmbH (GIZ), the German Agency for Technical Cooperation, to raise awareness of violence against women among Pro Mujer employees. Continue reading

Share
Written by Comments Off on MICROCAPITAL BRIEF: Pro Mujer Bolivia, Deutsche Gesellschaft für Internationale Zusammenarbeit GmbH (GIZ) Partner to Raise Awareness of Violence Against Women Posted in Deals, Key Players, Latin America

MICROCAPITAL BRIEF: Master’s Degree Funding Available from Joint Japan/World Bank Graduate Scholarship Program (JJ/WBGSP)

Applications are open through March 31 for the 2013 Joint Japan/World Bank Graduate Scholarship Program (JJ/WBGSP), a program that grants scholarships for individuals to obtain master’s degrees in subjects related to economic development.  Continue reading

Share
Written by Comments Off on MICROCAPITAL BRIEF: Master’s Degree Funding Available from Joint Japan/World Bank Graduate Scholarship Program (JJ/WBGSP) Posted in Key Players

MICROCAPITAL BRIEF: Social Performance Task Force (SPTF) Calls for Submissions for “Balancing Social and Financial Responsibility” Section of the Universal Standards Resource Library

The Social Performance Task Force (SPTF), a working group initiated in 2005 by CGAP (Consultative Group to Assist the Poor), the Argidius Foundation and the Ford Foundation, is seeking submissions for its online Universal Standards Resource Library. Continue reading

Share

MICROCAPITAL BRIEF: Crowdfunding Platform Pi Slice Launches in Dubai to Support Microentrepreneurs in the Middle East

Pi Slice, a start-up crowdfunding platform based in Dubai, reportedly plans to link poor entrepreneurs in the Middle East to microloans raised via social media. Continue reading

Share

MICROFINANCE PAPER WRAP-UP: “2012 MicroMeter;” published by India’s Microfinance Institutions Network (MFIN)

Published by the Microfinance Institutions Network (MFIN); 2013; 40 pages; available at: http://www.microfinancegateway.org/gm/document-1.9.60963/MicroMeter_Feb%202013_Issue%2004_5th%20Feb%202013_for%20distribution.pdf

The Microfinance Institutions Network (MFIN), an association of 47 Indian microlenders, has released the fourth issue of MicroMeter, an analysis of the Indian microfinance industry’s performance during the third quarter (Q3) of fiscal year (FY) 2012-2013 (spanning October to December 2012). Continue reading

Share

MICROCAPITAL BRIEF: Boston University, CGAP Partner on Financial Inclusion Regulation Website, Request Submissions of Material from Microfinance Stakeholders

The US-based Center for Finance, Law and Policy at Boston University (BU Center) has partnered with CGAP (Consultative Group to Assist the Poor), a US-based nonprofit research and policy center, to create an online repository of materials relating to the regulation of financial inclusion around the world. Continue reading

Share
Written by Comments Off on MICROCAPITAL BRIEF: Boston University, CGAP Partner on Financial Inclusion Regulation Website, Request Submissions of Material from Microfinance Stakeholders Posted in Key Players, Regulation

MICROCAPITAL BRIEF: Women’s World Banking (WWB), Citi Foundation Launch Women in Leadership Program

US-based microfinance network Women’s World Banking (WWB), with financial support from Citi Foundation, the charitable arm of US-based financial firm Citigroup, recently launched the “Women in Leadership Program,” an initiative aimed at increasing the number of women in leadership positions in microfinance. Continue reading

Share