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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 »
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Friday, January 13, 2012
MICROFINANCE EVENT: LDJ Capital, NowStreet Media to Host “The SoHo Loft Capital Creation and Crowdfunding Conference (TSLCCAC),” January 23, 2012, New York, United States
Tuesday, January 10, 2012
MICROCAPITAL BRIEF: Overseas Private Investment Corporation (OPIC) Approves $10m Loan to MicroEnergy Credits (MEC) to Promote Clean Energy Microfinance
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 »
Tuesday, January 10, 2012
MICROCAPITAL BRIEF: “Nokia Money” Electronic Wallet Service Launched in India in Effort to Promote Financial Inclusion
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 »
Tuesday, January 10, 2012
MICROCAPITAL BRIEF: Philippine BPI Globe BanKo Issues $45m in Wholesale Loans to Microfinance Institutions, Expands Agent Network to Boost Retail Business
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 »
Sunday, January 8, 2012
MICROCAPITAL BRIEF: Government of Rwanda, Visa Incorporated Partner on Electronic Financial Services
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 »
Tuesday, December 27, 2011
MICROCAPITAL BRIEF: Asasah of Pakistan to Collect Microloan Repayments via Easypaisa Service of Tameer Microfinance Bank, Telenor Pakistan
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 »
Friday, December 16, 2011
MICROCAPITAL BRIEF: Vittana Receives $250k Grant from Google to Expand Online Lending for Education Microfinance
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 »
Tuesday, December 13, 2011
MICROCAPITAL BRIEF: Looking to Cut Out Middleman, Samrudhi Microfin Society (SMS) Launches Online Lending Portal, WeCareIndia.Org
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 »
Tuesday, December 13, 2011
MICROCAPITAL BRIEF: Bank Negara Malaysia (BNM) Launches MobileLINK Vehicle to Expand Outreach
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 »
Saturday, December 10, 2011
MICROFINANCE EVENT: Mobile Payments and NFC World Summit 2012, Hong Kong, April 19 – 20, 2012
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 »
Wednesday, December 7, 2011
MICROCAPITAL BRIEF: MasterCard Worldwide Grants $540k to Grameen Foundation to Launch Mobile Agricultural Data Service in Colombia
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 »
Wednesday, December 7, 2011
MICROCAPITAL BRIEF: HDFC Bank, Vodafone Launch Mobile Banking Service in India
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 »
Saturday, December 3, 2011
MICROCAPITAL BRIEF: New Imp-Act Website Goes Live, Covering Social Performance in Microfinance
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 »
Tuesday, November 29, 2011
MICROCAPITAL BRIEF: Mobile Telecommunications Network (MTN) to Offer Mobile Prepaid Product from Visa in Nigeria and Uganda
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 »
Friday, November 25, 2011
MICROFINANCE EVENT: Mobile Money APAC (Asia Pacific) Conference and Expo, Singapore, January 30 – February 2, 2012
Event Name: Mobile Money APAC (Asia Pacific) Conference and Expo
Event Date: January 30 – February 2, 2012
Event Location: Singapore Continue Reading »
Thursday, November 17, 2011
MICROCAPITAL BRIEF: MicroSave Launches Capital Structuring and Equity Valuation Toolkit for Microfinance
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 »
Wednesday, November 9, 2011
MICROCAPITAL BRIEF: Weather-Index Microinsurance Program Kilimo Salama Distributes $9k to Kenyan Farmers After Crop Failure
Roughly 1,400 farmers recently received USD 9,230 each after drought caused crop failure in Kenya, as part of the microinsurance program Kilimo Salama. Continue Reading »
Wednesday, November 9, 2011
MICROCAPITAL BRIEF: MicroEnsure, Tigo, Milvik, Golden Crescent to Deliver Tigo Bima Microinsurance Product in Tanzania
MicroEnsure, a subsidiary of US-based microfinance network Opportunity International, has teamed up with mobile phone operator Tigo Tanzania and microinsurance service provider Milvik to offer Tigo Bima, a new microinsurance product being offered to Tigo clients in Tanzania. Continue Reading »