India Ratings, a subsidiary of US-based Fitch Group, recently announced that its “0+ days delinquency index” increased from 0.45 percent to 10.82 percent in the four months following November 2016 and thus concluded that the Indian government’s demonetization had a significant negative effect on microlenders .
The World Bank Group’s Entrepreneurship Program for Innovation in the Caribbean (EPIC) is providing a framework for “angel” investors to work together to entertain pitches from and fund the development of “start-ups and early-stage enterprises” in the Caribbean region.
Garanti Leasing, a subsidiary of the Garanti Group Romania specializing in financing real estate, vehicles and agricultural equipment, recently announced it will borrow EUR 5 million (USD 5.6 million) from the International Finance Corporation (IFC), the private-sector arm of the World Bank Group, in order to increase funding for women-owned small and medium-sized enterprises (SMEs).
Event Name: Sanabel’s 2017 Conference: Financial Inclusion in the Arab Countries; A Journey of Collaboration and Achievements
Event Date: November 7 – November 8, 2017
Event Location: Beirut, Lebanon
Summary of Event: This conference is intended to contribute to a more “inclusive and progressive” microfinance environment in the Arab region. The topic themes include the evolution of microfinance institutions (MFIs) and clients; supporting existing and new partnerships; MFIs’ role in advancing the UN’s sustainable development goals; strategic leadership and risk management; and advancing youth financial inclusion.
Event Name: The SRI Conference on Sustainable, Responsible, Impact Investing
Event Date: November 1 – November 3, 2017
Event Location: Hotel Del Coronado; San Diego, California, USA
Summary of Event: The theme of this event is “All In For Impact.” It will focus on concrete ways investing can positively impact social and economic spheres. The conference program offers plenary sessions focused on investment and practice management issues, shareholder advocacy strategies, and community impact investment opportunities. In addition, the organizers will present the Moskowitz Prize Award and the SRI Service Award.
The government of the Solomon Islands recently announced it will attempt to shift to using “electronic payment channels for [80 percent of its] payments and receipts” by 2020.
The National Provident Fund, a government-backed retirement trust in the Solomon Islands, recently launched youSave, a savings plan designed to help self-employed islanders establish and contribute to retirement accounts as do “formally employed” citizens.
Event Name: The MasterCard Foundation Symposium on Financial Inclusion
Event Date: November 8 – November 9, 2017
Event Location: Accra, Ghana
Cost: This event is open by invitation only
Summary of Event: The symposium will focus on increasing the knowledge of financial service providers regarding the financial lives of poor people in an effort to enable the providers to design and deliver products that are more closely aligned with people’s needs.
The US-based Ford Foundation recently announced plans to disburse USD 1 billion in “mission-related investments” with initial foci on access to financial services in developing countries and affordable housing in the US.
“Annual Impact Investor Survey 2017, The Seventh Edition;” by Abhilash Mudaliar, Hannah Schiff, Rachel Bass, Hannah Dithrich; published by the Global Impact Investing Network (GIIN), May 2017, 84 pages, available at https://thegiin.org/knowledge/publication/annualsurvey2017
The authors of this paper discuss the results of primary and secondary research on the latest trends and challenges of the impact investment sector, which they define as investments that “target social and / or environmental impact objectives”.
South African technology firm AxMe International Services recently expanded its SureBüddy insurance application to Uganda, allowing users in that country to view advertisements in return for no-cost insurance for their mobile phone screens.
The MasterCard Foundation, which is based in Canada, is accepting applications through June 5 for its 2017 “Clients at the Centre” Prize, which includes a cash award of USD 150,000.
Event Name: Third Sankalp Southeast Asia Summit 2017: Local Problems, Global Solutions
Event Date: September 19 – September 20, 2017
Event Location: Hotel Bidakara; Jakarta, Indonesia
Summary of Event: The focus of the summit is to “strengthen Southeast Asia’s entrepreneurship ecosystem,” and the theme of this year’s iteration is “Local Problems, Global Solutions.” Discussions will address topics such as policy, health, energy, financial services and agriculture.
Event Name: The SEEP Network Annual Conference
Event Date: October 2 – 4, 2017
Event Location: Renaissance Arlington Capital View Hotel; Arlington, Virginia, USA
Summary of Event: The theme of this year’s conference is “Catalyzing Transformative Change.” Speakers will address strategies in the following tracks: (1) Resilience
MicroCapital: Why was housing selected as the theme of this year’s European Microfinance Award?
Christoph Pausch: It’s really a question of staying true to the underlying purpose of the Award: to highlight practices that are outside the microfinance mainstream, but are financially sustainable and deliver significant
“Financial Constraint, Entrepreneurship and Sectoral Migrations: Evidence from Madagascar,” by Pierrick Baraton and Florian Léon, published by Making Finance Work for Africa, July 2016, 50 pages, available at https://www.mfw4a.org/nc/knowledge-center/resources/documents/documents-details/file/financial-constraint-entrepreneurship-and-sectoral-migrations-evidence-from-madagascar.html
The authors of this paper analysed data from 3,017 micro- and small enterprises that were clients of a microfinance institution (MFI) in Madagascar between 2008 and 2014.
Event Name: Global Symposium on Microfinance: Revolutionizing Microfinance: Insight, Innovation, Inclusion
Dates: May 22 – May 23, 2017
Location: Kuala Lumpur, Malaysia
Summary of Event: This symposium will consist of discussions and presentations on scaling up through innovative channels, deploying digital credit, design thinking, using “big data,” and credit risk assessment and risk management . Following the symposium, the Asian Banking School is offering a three-day training