MobileActive, a global network of people using mobile technology for social impact, recently reported on Pesinet, a French nonprofit that uses mobile technology to provide regular health checkups and insurance to young children in Mali. Continue Reading »
MicroRate, a US-based microfinance rating agency, with the financial support of the Luxembourg government and the nonprofit Luxembourg Fund Labeling Agency (LuxFLAG), has launched the “beta” version of Luminis, a web-based platform focused on increasing the transparency of microfinance investment vehicles (MIVs). Continue Reading »
Event Name: The SoHo Loft Capital Creation and Crowdfunding Conference (TSLCCAC)
Event Date: January 23, 2012, 1 pm to 8:30 pm
Event Location: Reed Smith NY Conference Center, New York, USA Continue Reading »
The Overseas Private Investment Corporation (OPIC), an agency of the US government, has approved a loan of USD 10 million to MicroEnergy Credits (MEC), a US-based, for-profit firm, to assist microfinance institutions (MFIs) in launching clean-energy lending programs. Continue Reading »
Nokia Corporation, a Finnish telecommunications company, has launched Nokia Money, an electronic-wallet service, in an effort to promote financial inclusion of previously “underbanked” people across India [1]. Continue Reading »
BPI Globe BanKo, a mobile-based savings bank affiliated with the Bank of the Philippine Islands (BPI), reportedly has extended PHP 2 billion (USD 45.3 million) in loans to unspecified Philippine microfinance institutions. Continue Reading »
The government of Rwanda and US-based payment technology firm Visa Incorporated have announced a collaboration to extend access to financial services throughout Rwanda [1]. Continue Reading »
Asasah, a microfinance institution (MFI) in Pakistan, reportedly has announced that it will be utilizing Easypaisa, the branchless banking service of MFI Tameer Microfinance Bank Limited (TMFB) of Pakistan, as an option for borrowers to repay their loans [1]. Continue Reading »
Vittana, a US-based nonprofit that raises funding for microloans for higher education in developing countries, has received a USD 250,000 grant from US-based internet and software company Google to expand its work over the course of two years [1]. Continue Reading »
Samrudhi Microfin Society, an Indian nonprofit microfinance institution (MFI), has launched WeCareIndia.Org, an online lending portal that allows investors to lend as little as INR 100 (USD 2) to Samrudhi borrowers. Continue Reading »
Bank Negara Malaysia (BNM), the country’s central bank, has recently launched “MobileLINK,” a customer service coach specially-built to support BNM’s efforts to promote financial inclusion by extending outreach to a wider community. Continue Reading »
Event Name: Mobile Payments & NFC (Near Field Communications) World Summit 2012
Event Date: April 19 – April 20, 2012
Event Location: Eaton Smart, 380 Nathan Road, Kowloon, Hong Kong Continue Reading »
MasterCard Worldwide, a Canadian global payments and technology company, recently disbursed USD 540,000 grant to the US-based nonprofit Grameen Foundation to launch mobile services that will provide agricultural and financial information to farmers in the cities of Urabá and Santa Marta, Colombia. Continue Reading »
Indian financial institution HDFC Bank and telecom service provider Vodafone India, a subsidiary of the UK-based Vodafone Group, have launched the “HDFC Bank MobileBank Account with Vodafone m-paisa”, a service allowing customers to perform banking transactions using mobile phones. Continue Reading »
The Imp-Act Consortium, a UK-based organization that encourages improved social performance in microfinance, has launched its new website, which focuses on practitioner stories. Continue Reading »
Visa Incorporated (Visa), a US-based payments technology company, has recently announced that it is offering under-banked consumers in developing countries prepaid, globally interoperable electronic payment accounts. Continue Reading »
Event Name: Mobile Money APAC (Asia Pacific) Conference and Expo
Event Date: January 30 – February 2, 2012
Event Location: Singapore Continue Reading »
MicroSave, an India-based technical assistance, training and resource center for microfinance practitioners, has launched its Capital Structuring and Equity Valuation Toolkit for microfinance professionals. Continue Reading »
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