South Asia, East Asia and Pacific | MicroCapital
  • MicroCapital Monitor

    MicroCapital Monitor<br>Subscribe to our monthly market report
    Our pdf newspaper includes you everything you need to know about microfinance news, research, events and key players.

  • Supporters

» Currently browsing: South Asia, East Asia and Pacific


Saturday, April 19, 2014

MICROCAPITAL BRIEF: International Finance Corporation (IFC), Mongolia Seek to Improve Secured-Transaction Payment System

The International Finance Corporation (IFC), the private-investment arm of the US-based World Bank Group, has recently partnered with Mongolia’s Ministry of Justice to augment Mongolia’s regulatory system for secured-transaction payments, transactions between lenders and borrowers that are predicated on borrowers’ collateral. Continue Reading »

Share


Friday, April 18, 2014

MICROCAPITAL BRIEF: PlaNet Finance, China Microfinance Institute Association (CMIA) Seek to Strengthen Risk Management

PlaNet Finance, an NGO based in Paris, France, recently announced a partnership with the China Microfinance Institute Association (CMIA), a trade group of microfinance institutions (MFIs), to enhance risk management in the microfinance industry in China. Continue Reading »

Share


Friday, April 18, 2014

MICROCAPITAL BRIEF: China Commercial Credit Launches Online Loan Portal “Pride Lending Group”

China Commercial Credit, a microcredit company based in the Chinese city of Suzhou, recently announced that it has launched an online lending portal called Pride Lending Club. Continue Reading »

Share


Friday, April 18, 2014

MICROCAPITAL BRIEF: Fish Farming Project in Nepal Wins Social Venture Challenge at Seventh Clinton Global Initiative University (CGI U) Meeting in Phoenix, Arizona, USA

The “Sustainable Fish Farming Project”, proposed to provide 500 families in the Baseri village of Nepal with funding to start fish farms, recently won a grant of USD 7,500 from the Resolution Project Social Venture Challenge, a competition among aspiring entrepreneurs who attended the seventh annual Clinton Global Initiative University (CGI U) meeting at the US-based Arizona State University, Phoenix [1]. Continue Reading »

Share


Thursday, April 17, 2014

MICROCAPITAL BRIEF: Insurance Commission of the Philippines Promotes Alternative Dispute Resolution in Microinsurance

The Insurance Commission of the Philippines (ICP), a government agency that regulates and supervises the country’s insurance industry, has been holding seminars in various parts of the country to present its latest strategies in consumer protection for microinsurance clients. Continue Reading »

Share


Thursday, April 17, 2014

MICROCAPITAL BRIEF: Aavishkaar to Raise $75m for “Frontier Fund” to Invest in South, Southeast Asia

Aavishkaar, an Indian manager of impact-oriented venture capital investments, reportedly plans to raise USD 75 million for its newly launched Aavishkaar Frontier Fund, an international social venture capital fund that aims to place investments in 300 start-ups in various countries in South Asia and Southeast Asia including Bangladesh, Indonesia, Myanmar, Pakistan and Sri Lanka. Continue Reading »

Share


Wednesday, April 16, 2014

MICROCAPITAL BRIEF: Citi Replicates Mobile Collect Fund Transfer Service in China, India

Citi Asia, a subsidiary of US-based Citigroup that provides banking and card services to retail customers and small and medium-sized enterprises (SMEs) in Asia, recently launched Citi Mobile Collect, a mobile payment platform that enables customers to complete fund transfers via mobile phones, in China and India. Continue Reading »

Share


Monday, April 14, 2014

MICROCAPITAL BRIEF: Reserve Bank of India (RBI) Grants Preliminary Approval to Microlender Bandhan to Receive Banking License

The Reserve Bank of India (RBI), the country’s central bank, recently granted “in-principle” approval to the Infrastructure Development Finance Company (IDFC), an Indian financial services provider based in the city of Mumbai, and Bandhan Financial Services Private Limited, a microfinance institution (MFI) based in the Indian city of Kolkata, to acquire banking licenses. Continue Reading »

Share


Friday, April 11, 2014

MICROCAPITAL BRIEF: Grameen Credit Agricole Microfinance Foundation (GCAMF) Lends $4m to Arvand of Tajikistan, Bina Artha Ventura of Indonesia, Thaneakea Phum of Cambodia

The Grameen Credit Agricole Microfinance Foundation (GCAMF), a Luxembourg-based investor in microfinance institutions (MFIs), recently announced the disbursement of the first tranche of a 54-month loan of EUR 1.04 million (USD 1.43 million) to Arvand, a financial institution that provides microcredit to low-income individuals in Tajikistan. Continue Reading »

Share


Thursday, April 10, 2014

MICROCAPITAL BRIEF: India-based Satin Creditcare Raises $4.7m in Equity from Norwegian Microfinance Initiative (NMI)

Satin Creditcare Network (Satin), an Indian microfinance institution (MFI), recently announced that it has raised INR 284 million (USD 4.7 million) in equity from the Norwegian Microfinance Initiative (NMI), a Norway-based public-private partnership that invests in and offers technical support to MFIs. Continue Reading »

Share


Wednesday, April 9, 2014

MICROCAPITAL BRIEF: Etisalat Lanka of Sri Lanka, Dialog Axiata of UAE Partner to Extend Ezcash Mobile Payment System in Sri Lanka

Dialog Axiata (DA), a Sri Lankan mobile communications subsidiary of Malaysia’s Axiata Group Berhad, reportedly has announced that it will begin a partnership with Etisalat Lanka (EL), a cellular network owned by the Emirates Telecommunications Corporation of the United Arab Emirates, to extend Dialog’s “eZcash” mobile payments to EL’s customers in Sri Lanka. Continue Reading »

Share


Tuesday, April 8, 2014

MICROCAPITAL BRIEF: India-based NeoGrowth Raises $1.7m from Aspada Investment Company

NeoGrowth Credit, an Indian non-bank financial company that makes working capital and inventory loans to small and medium-sized enterprises (SMEs) in the country, recently announced that it has raised INR 100 million (USD 1.7 million) from Aspada Investment Company, an Indian investor in early-stage businesses that target low-income consumers. Continue Reading »

Share


Monday, April 7, 2014

MICROCAPITAL BRIEF: LeapFrog Invests $29m in Equity in Institute for Financial Management and Research (IFMR) Capital of India

LeapFrog Investments, a for-profit private equity fund based in Mauritius that invests in microfinance, reportedly has invested USD 29 million in return for a minority stake of undisclosed size in the Institute for Financial Management and Research (IFMR) Capital, an Indian non-banking financial company that facilitates funding for organizations that serve low-income people. Continue Reading »

Share


Sunday, April 6, 2014

MICROCAPITAL BRIEF: International Finance Corporation (IFC) Disburses Syndicated Loan of $125m to Sri Lanka’s National Development Bank (NDB)

The International Finance Corporation (IFC), the private investment arm of the US-based World Bank Group, recently disbursed a four-year syndicated loan of USD 125 million to National Development Bank (NDB), which is owned by the government of Sri Lanka, in an effort to improve access to funds for micro-, small and medium-sized enterprises (MSMEs) in Sri Lanka. Continue Reading »

Share


Friday, April 4, 2014

MICROCAPITAL BRIEF: India-based Five Star Raises Equity Financing from Matrix to Expand Branch Network, Increase Lending to Micro-, Small, Medium-Sized Enterprises (MSMEs)

Five Star Business Credits (Five Star), an Indian non-bank financial company that lends to micro-, small and medium-sized enterprises (MSMEs) in the country, recently announced that it has raised an undisclosed sum in equity financing from Matrix Partners India, the Indian subsidiary of US-based private equity firm Matrix Partners. Continue Reading »

Share


Thursday, April 3, 2014

MICROCAPITAL BRIEF: Branchless Banking Transactions in Pakistan Quintuple in Value to $8b

According to a report entitled “Access to Finance in Pakistan” that was recently published by the State Bank of Pakistan (SBP), the nation’s central bank, the total value of branchless banking (BB) transactions in Pakistan during 2013 increased by PKY 651 billion (USD 6.73 billion) over the previous year, reaching PKY 802 billion (USD 8.29 billion). Continue Reading »

Share


Wednesday, April 2, 2014

MICROCAPITAL BRIEF: Buksh Foundation, Kiva Announce Partnership to Support Microentrepreneurs in Pakistan

The Buksh Foundation (BF), a nonprofit microfinance institution (MFI) in Pakistan, and Kiva Microfunds, a US-based nonprofit online fundraising portal for MFIs, have announced a partnership to support microentrepreneurs in an effort to achieve development sector goals and alleviate poverty in the country. Continue Reading »

Share


Wednesday, April 2, 2014

MICROCAPITAL BRIEF: Bank Simpanan Nasional (BSN) of Malaysia to Increase Banking Agent Network to 7,500

Bank Simpanan Nasional (BSN), a government-owned commercial bank that provides traditional and Islamic banking services in Malaysia, recently announced that it will increase its number of banking agents from approximately 5,000 to 7,500 by the end of 2014. Continue Reading »

Share