Category: South Asia, East Asia and Pacific

MICROCAPITAL BRIEF: Call for Papers: Impact and Policy Conference, Bangkok, August 30 to September 1, 2012, Hosted by Asian Development Bank, Innovations for Poverty Action, Abdul Latif Jameel Poverty Action Lab

Innovations for Poverty Action (IPA), a US-based nonprofit research organization, has issued a call for papers for researchers interested in having their papers included in the Impact and Policy Conference: Evidence in Governance, Financial Inclusion, and Entrepreneurship to be held in Bangkok August 30 – September 1, 2012. Continue reading

Share
Written by Comments Off on MICROCAPITAL BRIEF: Call for Papers: Impact and Policy Conference, Bangkok, August 30 to September 1, 2012, Hosted by Asian Development Bank, Innovations for Poverty Action, Abdul Latif Jameel Poverty Action Lab Posted in Events, South Asia, East Asia and Pacific

MICROCAPITAL BRIEF: VisionFund International Releases Three-Year Plan to Improve Lives of 3.5m Children

VisionFund International, a UK-based nonprofit organization that manages the microfinance institutions (MFIs) of the US-based nonprofit relief organization World Vision International, has announced a three-year strategy to increase the number of lives it impacts from 2.2 million annually to 3.5 million annually by 2015. Continue reading

Share

MICROCAPITAL BRIEF: Incofin, BIO Sign $12m Agreement to Develop Early-Stage Microfinance Institutions in Africa, Latin America, Asia

Incofin Investment Management (Incofin), a Belgian company that develops and manages microfinance investment funds, and the Belgian Investment Company for Developing Countries (BIO in Dutch), a state-owned development finance institution, recently signed a EUR 10 million (USD 12.6 million) agreement intending to assist in developing early-stage microfinance institutions (MFIs) in Africa, Latin America and Asia. Continue reading

Share

MICROCAPITAL BRIEF: Indian Microfinance Institution Basix Sees Assets Fall from $326m to $22m

Indian microfinance institution (MFI) Basix, also known as Bhartiya Samruddhi Finance Limited, now reportedly has INR 124 crore (USD 22.37 million) in assets compared to the INR 1,808 crore (USD 326 million) it in September 2010. The number of borrowers from Basix has fallen to 200,000 from 1.74 million during same time period. Continue reading

Share

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

Share

MICROFINANCE EVENT: IBC Asia Presents 6th Annual “Mobile Financial Services Asia Pacific Summit 2012”, September 10 – 12, 2012, The Philippines

Event Name: Mobile Financial Services Asia Pacific Summit 2012

Event Date: September 10 – September 12, 2012

Event Location: Manila, The Philippines Continue reading

Share

MICROCAPITAL BRIEF: Bangladesh Finance Minister: Management Structures in Microfinance Sector Too Dependent on Founders

Bangladesh Finance Minister A M A Muhith reportedly has urged microfinance institutions (MFIs) to adjust their management structures to ensure that the organizations do not destabilize due to the death of a founder. Continue reading

Share

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

Share

MICROCAPITAL BRIEF: Allianz to Use Satellites to Insure Small-scale Farmers in Asia

Allianz, a German-based insurance provider, reportedly announced a three-year pilot project using satellite technology to manage crop insurance sold to rice farmers in Bangladesh, Cambodia, India, Indonesia, Thailand, the Philippines and Vietnam. Continue reading

Share

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

Share

MICROCAPITAL BRIEF: India’s Insurance Regulatory and Development Authority (IRDA) Finds “Massive Problems” with Practices of SKS Microfinance

In conducting a set of field inspections, the Insurance Regulatory and Development Authority (IRDA), an Indian supervisory body, reportedly has detected “massive problems” in the handling of insurance by SKS Microfinance, a microfinance institution (MFI) in India. Continue reading

Share

MICROCAPITAL BRIEF: Microfinance Institution Akhuwat, Government of Punjab Provide Interest-free Loans of $11m in Interest-free Loans to Unemployed in Pakistan

The local government of Punjab, Pakistan, reportedly has provided interest-free loans of approximately PKR 600 million (USD 6.54 million) since November 2011 to 30,000 unemployed people to start their own businesses. Continue reading

Share
Written by Comments Off on MICROCAPITAL BRIEF: Microfinance Institution Akhuwat, Government of Punjab Provide Interest-free Loans of $11m in Interest-free Loans to Unemployed in Pakistan Posted in South Asia, East Asia and Pacific

MICROCAPITAL BRIEF: Khushhali Bank of Pakistan Takes Branches Online Allowing Customers to Be Served at Multiple Branches

Khushhali Bank, a microfinance institution (MFI) based in Pakistan, reportedly has launched an online banking system that “makes the customer of one branch, a client of the entire bank, enabling him to avail its services irrespective of location.” Continue reading

Share

MICROCAPITAL BRIEF: Bhutan Royal Monetary Authority (RMA) Set to Approve Financial Inclusion Policy, Wholesale Microfinance Lender

The Royal Monetary Authority (RMA) of Bhutan, the country’s central bank, reportedly is finalizing a Financial Inclusion Policy (FIP) to enhance the country’s microfinance sector. Continue reading

Share

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

Share

MICROCAPITAL BRIEF: Online Microfinance Firm Lenddo Receives $8m in Equity to Support Its Lending in The Philippines, Colombia

Lenddo, a Philippines-based online microfinance firm, reportedly has received approximately USD 8 million in equity from undisclosed US investors. Continue reading

Share

MICROCAPITAL BRIEF: Partners in Community Development in Fiji (PCDF), Life Insurance Corporation of India (LICI) Launch Microinsurance in Fiji

Partners in Community Development in Fiji (PCDF), a Fiji-based nongovernmental organization (NGO), and the Life Insurance Corporation of India (LICI), a state-owned insurance group based in India, reportedly have launched a microinsurance project in Urata Village, Fiji. Continue reading

Share

MICROCAPITAL BRIEF: Microcredit Regulatory Authority (MRA) of Bangladesh Orders Microfinance Institutions to Obtain Permission to Offer Services Other Than Microcredit

The Microcredit Regulatory Authority (MRA), the supervisor of NGO microfinance institutions (MFIs) in Bangladesh, reportedly has advised MFIs to obtain permission by June 30 for sertvices offered other than microcredit. Continue reading

Share