Category: Trends/Challenges

MICROFINANCE EVENT: The MasterCard Foundation Symposium on Financial Inclusion, $150k “Clients at the Centre” Prize; November 8-9, 2017; Accra, Ghana

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. Continue reading

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MICROFINANCE BRIEF: Ford Foundation to Invest $1b Over 10 Years in Mission-related Investments Such as Financial Services in Developing Countries, Affordable Housing in the US

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. Continue reading

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Written by Comments Off on MICROFINANCE BRIEF: Ford Foundation to Invest $1b Over 10 Years in Mission-related Investments Such as Financial Services in Developing Countries, Affordable Housing in the US Posted in Investment Funds, Trends/Challenges

MICROFINANCE PUBLICATION ROUND-UP: GIIN Impact Investor Survey; Financial Inclusion in Humanitarian Emergencies; Green Index 2.0

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”[1]. Continue reading

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Written by Comments Off on MICROFINANCE PUBLICATION ROUND-UP: GIIN Impact Investor Survey; Financial Inclusion in Humanitarian Emergencies; Green Index 2.0 Posted in Trends/Challenges

MICROCAPITAL BRIEF: SureBüddy, Provider of Free Funeral and Handset Insurance, Expands to Uganda

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. Continue reading

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MICROCAPITAL BRIEF: Apply by June 5 for The MasterCard Foundation’s $150k “Clients at the Centre” Prize

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. Continue reading

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MICROFINANCE EVENT: 3rd Sankalp Southeast Asia Summit; September 19 – 20, 2017; Jakarta, Indonesia

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. Continue reading

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MICROFINANCE EVENT: Small Enterprise Education and Promotion (SEEP) Network Annual Conference; October 2 – 4, 2017; Arlington, Virginia, USA

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 Continue reading

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Written by Comments Off on MICROFINANCE EVENT: Small Enterprise Education and Promotion (SEEP) Network Annual Conference; October 2 – 4, 2017; Arlington, Virginia, USA Posted in Events, Trends/Challenges

SPECIAL REPORT: Christoph Pausch of e-MFP on Housing Finance and the 2017 European Microfinance Award

MicroCapital:European Microfinance Platform 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 Continue reading

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SPECIAL REPORT: 5 Days Left to Apply for 2017 European Microfinance Award on Housing

Until May 22, the European Microfinance PlatformEuropean Microfinance Platform (e-MFP) is accepting applications for the 2017 European Microfinance Award, which is focused this year on financing housing improvements for Continue reading

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MICROFINANCE PUBLICATION ROUND-UP: Sectoral Migration Among Microenterprises in Madagascar, Tanzania Postal Bank’s Popote Digital Financial Services, Insurance Regulation in the Philippines

“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. Continue reading

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MICROFINANCE EVENT: Global Symposium on Microfinance: Revolutionizing Microfinance: Insight, Innovation, Inclusion; May 22 – 23, 2017; Kuala Lumpur, Malaysia; Asian Banking School Training for Practitioners; May 24 – 26, 2017

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 [1]. Following the symposium, the Asian Banking School is offering a three-day training Continue reading

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SPECIAL REPORT: Application Period Open for $106k European Microfinance Award on Housing Until May 22

The European Microfinance PlatformEuropean Microfinance Platform (e-MFP) has begun accepting applications for the eighth iteration of its European Microfinance Award, which is focused this year on financing housing improvements for people with low incomes. The deadline to apply is May 22. The award, which includes a cash prize of EUR 100,000 (USD 106,000), will be presented at European Microfinance Week, which is being held Continue reading

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MICROFINANCE PUBLICATION ROUND-UP: Alternative Financing in Africa, Middle East; Interoperability of Digital Financial Systems; Financial Inclusion in Kerala, India

“The Africa and Middle East Alternative Finance Benchmarking Report”; by The Cambridge Centre for Alternative Finance (CCAF) and Energy4Impact; published by CCAF; February 2017; 64 pages; available at https://www.scribd.com/document/338995486/CCAF-Africa-and-Middle-East-Alternative-Finance-Report-2017#download&from_embed/

This report focuses on assessing the types and prevalence of alternative financing in Africa and the Middle East. Continue reading

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SPECIAL REPORT: The Mergers & Acquisitions Market in Africa’s Alternative Finance Sector

Headlines in the M&A market in Africa in recent years seem to have been dominated by the to-ing and fro-ing of Anglo-South African giants such as Barclays Africa/ABSA and Old Mutual. However, financial institutions in the middle market perhaps have been more active. The M&A market in the alternative finance sector (non-bank or “specialty” lenders) has seen at least 30 transactions (excluding minority stakes) completed over the last five years, and activity levels have remained robust over the last 18 months notwithstanding the slow-down of the M&A market overall.

The alternative finance sector covers a range of credit institutions that are not part of the traditional banking sector, for example, micro (enterprise) finance, consumer finance, leasing or invoice discounting, vehicle lending, housing finance, student finance, fintech, and specialist banks. Continue reading

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MICROCAPITAL BRIEF: Indonesian Government Seeks to Shift KUR Microlending to Agriculture, Fisheries, Manufacturing from Trading, Services

The Indonesian government recently announced it plans to grow the portion of its Kredit Usaha Rakyat (KUR) program that is used for agriculture, fishing and manufacturing from 22 percent of the program total to 40 percent. The remainder of KUR lending is for trading and services. Continue reading

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MICROCAPITAL BRIEF: AYo Offers Free Mobile Health, Life Insurance to MTN Phone Subscribers in Uganda: “Recharge with Care” & “Send with Care”

AYo, which is a joint venture between two South African firms, insurer MMI Holdings and the MTN (Mobile Telecommunications Network) Group, recently launched its first two products, both in Uganda: (1) Recharge with Care, which provides life and/or hospitalization insurance when an MTN phone subscriber buys airtime; and (2) Send with Care, which Continue reading

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MICROCAPITAL BRIEF: EFSE Lends $2m to VisionFund’s SEF International for Micro-, Small Enterprises in Armenia

The European Fund for Southeast Europe (EFSE), a Luxembourg-based microfinance investment vehicle, recently announced that it has loaned AMD 970 million (USD 2 million) to Armenia’s SEF International to support the microfinance institution’s (MFI’s) lending to micro- and small businesses. SEF, which offers Continue reading

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MICROFINANCE PUBLICATION ROUND-UP: UN Digital Financial Services Toolkits; 7th IMF Financial Access Survey; IFC, The MasterCard Foundation Mobile Money Handbook

“How to Succeed in Your Digital Journey: a Series of Toolkits for Financial Service Providers”; Published by the United Nations Capital Development Fund’s MicroLead Program; October 2016; available upon request via: https://uncdf.wufoo.com/forms/q4pnwh31pqtp7r/

This first portion of a six-part digital toolkit, which is available in English and French, was designed to benefit microfinance institutions (MFIs) and other financial services providers that aim to offer digital financial services to unbanked populations residing in remote locations. Continue reading

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