Category: Latin America

MICROCAPITAL BRIEF: Microfinance Association (MA) Launches Global Academy Program (GAP), Seeks Internship Sites for Students

The Microfinance Association (MA), an international membership organization for practitioners in the microfinance industry, has launched its Global Academy Program (GAP). Continue reading

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MICROCAPITAL BRIEF: Major League Baseball Players Association (MLBPA) Pledges $100k to Esperanza International for Microfinance Efforts in Haiti

The Major League Baseball Players Association (MLBPA), the trade union of United States Major League Baseball players, recently pledged USD 100,000 to Esperanza International, an organization that aims to alleviate poverty with social programs and microcredit, to aid in the reconstruction of Haiti. The donation will come from the MLBPA’s Players Trust, a fund created by the MLBPA. Continue reading

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MICROCAPITAL BRIEF: International Finance Corporation (IFC) Invests $2.5m in Mexican Company Mi Tienda to Support Microfinance for Micro, Small, and Medium-Sized Enterprises (MSMEs)

The International Finance Company (IFC), the investment arm of the World Bank, has signed a long-term agreement with Mexico’s Sistema Integral de Abasto Rural, known as Mi Tienda, to help the distribution center expand its operations to provide owners of micro, small, and medium-sized enterprises (MSMEs) with microcredit, insurance, and other financial services. IFC has agreed to provide USD 2.5 million in equity financing to support the expansion. Continue reading

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MICROCAPITAL BRIEF: US Government Facilitates $2m Cash Transfer to Haitian Microfinance Institution (MFI) Fonkoze

The US government has facilitated a USD 2 million transfer in reserves from City National Bank of New Jersey (CNB) to 34 branches of Fonkoze, a Haitian microfinance institution (MFI) that had been running low on cash since the January 12 earthquake. Continue reading

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MICROCAPITAL EVENT: Mobile Money Transfer (MMT) Americas Conference and Expo, March 8 – March 11, 2010, Cancun, Mexico

Event Name: Mobile Money Transfer (MMT) Americas Conference and Expo

Event Date: March 8 – March 11, 2010

Event Location: Cancun, Mexico

Event Website: http://www.mobile-money-transfer.com/americas

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

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MICROCAPITAL BRIEF: Mr Richard Rosenberg of CGAP (Consultative Group to Assist the Poor) Examines Effectiveness of Microcredit as Doubts Grow

In a recently published article by CGAP (Consultative Group to Assist the Poor) entitled, ‘Does Microcredit Really Help Poor People,’ Mr Richard Rosenberg examines the scrutiny surrounding the effectiveness of microcredit in alleviating poverty. Continue reading

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KNOW A MICROFINANCE REGULATOR: Regulators of Microfinance in Ethiopia, Ghana, El Salvador and Jamaica

The following regulators are profiled in this brief: 

 
 
El Salvador – Financial System Superintendency (Superintendencia del Sistema Financiero) (SSF), located at: http://www.microcapital.org/microfinanceuniverse/tiki-index.php?page=Financial+System+Superintendency+%28Superintendencia+del+Sistema+Financiero%29+%28SSF%29
 
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MICROCAPITAL BRIEF: The Andean Development Corporation (CAF) Approves USD 400,000 Investment in the Investment Corporation for Microfinance in Central America and the Caribbean (SICSA) to Provide Finance for Microfinance Institutions (MFIs)

The Andean Development Corporation (CAF), a multilateral financial institution, has approved a USD 400,000 investment in the Investment Corporation for Microfinance in Central America and the Caribbean (SICSA), a microfinance fund that aims to improve the “institutional capacity” of microfinance institutions (MFIs) [1]. Continue reading

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