Category: Key Players

MICROCAPITAL BRIEF: Advans Incorporates Advans Pakistan Microfinance Bank, La Fayette Microfinance Bank of Nigeria

Advans SA, a microfinance investment vehicle that mobilizes funds for microfinance institutions (MFIs), recently announced the incorporation of the Advans Pakistan Microfinance Bank in the Republic of Pakistan and the La Fayette Microfinance Bank in Nigeria. Continue reading

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MICROFINANCE PUBLICATION ROUND-UP: Global Microfinance Equity Valuation Survey; Microfinance Governance Indicators; Audio Report: Role of Brokers in Microinsurance

Volume Growth and Valuation Contraction: Global Microfinance Equity Valuation Survey 2012;” by Jasmina Glisovic, et al; published by CGAP (Consultative Group to Assist the Poor) and JP Morgan; May 2012; 16 pages; available at: http://www.microfinancegateway.org/gm/document-1.9.57526/VolumeGrowth.pdf Continue reading

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MICROCAPITAL BRIEF: International Finance Corporation, BNP Paribas to Loan $25m to Vietnam’s Orient Commercial Joint Stock Bank for Small and Medium-sized Enterprises, Women-owned Businesses

The International Finance Corporation (IFC), the private-investment arm of the World Bank Group, has agreed to provide a syndicated loan of USD 25 million toVietnam’s Orient Commercial Joint Stock Bank to expand financing to small and medium-sized enterprises (SMEs) and women-owned businesses. Continue reading

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MICROFINANCE EVENT: First Affirmative Financial Network Presents 23rd Annual “SRI Conference on Sustainable, Responsible, Impact Investing”, October 2 – 4, 2012, Uncasville, Connecticut, USA

Event Name: 2012 SRI Conference on Sustainable, Responsible, Impact Investing

Event Date: October 2 – October 4, 2012

Event Location: Mohegan Sun Conference Center, Uncasville, Connecticut, USA Continue reading

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MICROCAPITAL BRIEF: World Bank Group’s “Measuring Financial Inclusion: The Global Findex Database” Indicates 2.5 Billion Do Not Have Access to Formal Banking

A recent policy research working paper released by The World Bank Group, entitled “Measuring Financial Inclusion: The Global Findex Database” indicates that three quarters of the world’s poor people, 2.5 billion, do not have access to a bank account mostly because of cost, distance and the paperwork required to set up a bank account [1][2]. Continue reading

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MICROCAPITAL BRIEF: Grameen Foundation, KfW Bankengruppe, Access Africa Fund Invest in Mobile Microfinance Institution Musoni Kenya

Grameen Foundation, a US-based nonprofit that aims to help poor people access business opportunities and financial and information services; KfW Bankengruppe, the German development bank; and the Access Africa Fund, a US-based for-profit limited liability company launched by nonprofit CARE International, have each purchased a 25-percent stake in Musoni Kenya, a Kenyan MFI that provides financial services via mobile phone. Continue reading

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MICROFINANCE PUBLICATION ROUND-UP: Microfinance Information Exchange Diamond Rating System; Savings-Linked Microinsurance in India; Banking Correspondents in Brazil

Diamonds No Longer Forever;” by Scott Gaul; published by Microfinance Information Exchange (MIX); April 2012; available at: http://www.themix.org/publications/microbanking-bulletin/2012/04/diamonds-no-longer-forever Continue reading

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MICROFINANCE EVENT: European Marketing Research Center (EMRC) Presents “African Finance & Investment Forum 2012: Financial Inclusion through SMEs & Cooperatives”, June 17 – 19, 2012, Utrecht and Floriade – Venlo, Netherlands

Event Name: African Finance & Investment Forum 2012: Financial Inclusion through SMEs & Cooperatives

Event Date: June 17 – June 19, 2012

Event Location: Rabobank Headquarters, Utrecht and Floriade – Venlo, Netherlands Continue reading

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MICROCAPITAL BRIEF: International Finance Corporation (IFC), BPI Globe BanKO to Develop Sustainable Energy Project for Microfinance Institutions in the Philippines

The International Finance Corporation (IFC), the private-investment arm of the World Bank Group, has partnered with mobile-oriented Philippine bank BPI Globe BanKO “to develop microfinance that would help smaller businesses afford clean energy and energy-saving systems.” Continue reading

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MICROCAPITAL BRIEF: HSBC to Provide Technical Assistance to Microfinance Institutions in Middle East, North Africa in Partnership with Grameen-Jameel, Bankers without Borders

UK-based financial services company HSBC (formerly known as the Hongkong and Shanghai Banking Corporation), Dubai-based microfinance investor Grameen-Jameel and Bankers without Borders (BwB), a program of the US-based Grameen Foundation, are partnering to provide financial and technical expertise to microfinance institutions (MFIs) in the Middle East and North Africa. Continue reading

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MICROCAPITAL BRIEF: International Finance Corporation (IFC), Swiss Government Sponsor Workshops for Small and Medium-sized Enterprises in Egypt

The International Finance Corporation (IFC), the private-investment arm of the World Bank Group, is sponsoring a series of workshops for small and medium-sized enterprises (SMEs) in Egypt “on how to implement sound corporate governance standards to improve their performance, increase access to finance and foster sustained growth.” Continue reading

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MICROCAPITAL BRIEF: US Secretary of State Hillary Clinton Expresses Concern over Investigation of Bangladeshi Microfinance Institution Grameen Bank

US Secretary of State Hillary Clinton has expressed her support for Nobel Peace Laureate Dr Muhammad Yunus and urged the Bangladeshi government “not to undermine the independence of the Grameen Bank.” Continue reading

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MICROCAPITAL BRIEF: International Finance Corporation (IFC), West African Monetary Union (UEMOA) to Establish Credit Bureau to Support Small-scale Businesses

The International Finance Corporation (IFC), the private-investment arm of the World Bank Group, has partnered with the eight countries of the West African Monetary Union (UEMOA in French) to increase access to finance for the region’s small-scale businesses. Continue reading

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MICROCAPITAL BRIEF: South Korea Donates $1m to International Finance Corporation (IFC) to Support Small and Medium-sized Enterprises

The Korean Ministry of Strategy and Finance (MOSF) has signed an agreement with the International Finance Corporation (IFC), the private-investment arm of the World Bank Group, to provide USD 1 million to support programs for small and medium-sized enterprises (SMEs) in emerging markets. Continue reading

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