Category: Trends/Challenges

MICROCAPITAL BRIEF: Microfinance Institutions Network (MFIN) Asks Reserve Bank of India (RBI) to Assist in Recovering Loans Outstanding in Andhra Pradesh

Microfinance Institutions Network (MFIN), a trade association of 46 Indian microfinance lenders, reportedly has requested that the Reserve Bank of India (RBI) intervene on behalf of microlenders attempting to collect INR 7,000 crore (USD 1.36 billion) in loans outstanding in the Indian state of Andhra Pradesh. Continue reading

Share

MICROCAPITAL BRIEF: European Investment Bank (EIB) Launches $65m East African Community Microfinance Facility

The European Investment Bank (EIB), the investment body of the European Union, has launched the East African Community Microfinance Facility, a EUR 50 million (USD 65.4 million) loan program to “encourage job creation and increase access to long-term funding for micro and small enterprises” in East Africa. Continue reading

Share

MICROCAPITAL BRIEF: Lok Capital, Proparco Invest $5m in Equity in India’s IFMR Rural Channels and Services

Lok Capital LLC, a Mauritius-based microfinance investment vehicle, and its Proparco, a French development finance institution, have recently invested INR 260 million (USD 5 million) in equity in the Institute for Financial Management and Research (IFMR) Rural Channels and Services, a company of IFMR Trust that provides financial services in rural India. Continue reading

Share

MICROFINANCE PAPER WRAP-UP: “Women are Useful to Microfinance: How Can We Make Microfinance Be More Useful to Women”, Workshop paper at 2011 Global Microcredit Summit

By Dr. Linda Mayoux, Consultant for Hivos and Oxfam Novib UK, November 2011, 20 pages, available at: http://www.genfinance.info/documents/MyPubs/Women%20are%20Useful%20to%20Microfinance_final.pdf

This report introduces methods for promoting women’s empowerment as a strategy for increasing the long-term financial sustainability of microfinance institutions (MFIs). It introduces points of entry for gender equality and empowerment as well as innovation in policies, product design, non-financial services, customer protection, regulations and gender indicators in social performance management and management information systems.

Continue reading

Share
Written by Comments Off on MICROFINANCE PAPER WRAP-UP: “Women are Useful to Microfinance: How Can We Make Microfinance Be More Useful to Women”, Workshop paper at 2011 Global Microcredit Summit Posted in Regulation, Trends/Challenges

MICROFINANCE PUBLICATION ROUND-UP: Microinsurance and Child Labor; Benin Poverty Scorecard; Effect of Recession on Microcredit Sector

Does Microcredit Increase Child Labour in Absence of Microinsurance?” by Sayan Chakrabarty; published by the Microinsurance Innovation Facility, European Development Network and International Labour Office; February 2012; 35 pages; available at:
http://www.ilo.org/public/english/employment/mifacility/download/repaper12.pdf Continue reading

Share
Written by Comments Off on MICROFINANCE PUBLICATION ROUND-UP: Microinsurance and Child Labor; Benin Poverty Scorecard; Effect of Recession on Microcredit Sector Posted in Africa, Trends/Challenges

MICROFINANCE EVENT: Hanson Wade’s Financing Low-Cost Housing LATAM Conference 2012, August 28-29, 2012, Miami, Florida, United States

Event Name: Financing Low-Cost Housing LATAM Conference 2012

Event Date: August 28 to August 29, 2012

Event Location: Miami, Florida Continue reading

Share

MICROCAPITAL BRIEF: Study: Kiva Microfinance Lenders Biased Toward Thin, Light-Skinned African Women

A recent study by Nanyang Technological University in Singapore reportedly found that bias is prevalent among individual lenders using Kiva, a US-based online microlending platform. Continue reading

Share

MICROCAPITAL BRIEF: Nigerian Deposit Insurance Corporation (NDIC) Launches Investigation into Managers, Directors of Distressed Microfinance Banks

The Nigerian Deposit Insurance Corporation (NDIC), an agency of the federal government of Nigeria, reportedly has launched an investigation into the NGN 7 billion (USD 44.4 million) owed to the 103 bankrupt microfinance banks (MFBs) by their managers and directors. Continue reading

Share
Written by Comments Off on MICROCAPITAL BRIEF: Nigerian Deposit Insurance Corporation (NDIC) Launches Investigation into Managers, Directors of Distressed Microfinance Banks Posted in Africa, Risks, Trends/Challenges

MICROCAPITAL BRIEF: International Finance Corporation (IFC), Qatar Development Bank (QDB) Expand Platform SME Toolkit in Qatar

The International Finance Corporation (IFC), the private-investment arm of the World Bank Group, and the nonprofit Qatar Development Bank (QDB) have launched the SME Toolkit, an online platform, in Qatar. Continue reading

Share

MICROCAPITAL BRIEF: Nepal Rastra Bank (NRB) to Increase Number of Bank Branches in Remote Areas

Nepal Rastra Bank (NRB), the central bank of Nepal, reportedly has announced that financial institutions will be allowed to open new branches in the capital of Kathmandu “only after they open a branch outside Kathmandu and one in any of the 30 districts recognised by NRB as deprived of any banking facility.” Continue reading

Share

MICROFINANCE PUBLICATION ROUND-UP: Micro-, Small and Medium-Sized Enterprises in Emerging Markets; Impact of Insurance Literacy on Health Microinsurance in Senegal; State of the Field in Youth Economic Opportunities

Micro-, Small and Medium-sized Enterprises in Emerging Markets: How Banks Can Grasp a $350 Billion Opportunity,” by Mutsa Chironga, et al; published by McKinsey & Company; 2012; 58 pages; available at: http://www.mckinsey.com/clientservice/Financial_Services/Knowledge_Highlights/Recent_Reports/MSME%20Emerging%20Banking.aspx Continue reading

Share
Written by Comments Off on MICROFINANCE PUBLICATION ROUND-UP: Micro-, Small and Medium-Sized Enterprises in Emerging Markets; Impact of Insurance Literacy on Health Microinsurance in Senegal; State of the Field in Youth Economic Opportunities Posted in Africa, Events, Microinsurance, Trends/Challenges

MICROCAPITAL BRIEF: Industrial and Commercial Bank of China Limited (ICBC) to Loan $38b to Micro- and Small Enterprises within Three Years

The Industrial and Commercial Bank of China Limited (ICBC), a government-owned bank in China, reportedly has announced plans to increase its lending to micro- and small enterprises (MSEs) by CNY 240 billion (USD 38 billion) within three years. Continue reading

Share

MICROFINANCE PUBLICATION ROUND-UP: Small-Scale Solar Power Projects, Health Worker Preferences for Insurance Payment Mechanisms, Effects of Microinsurance on Poor People in Vietnam

“Global Trends in Renewable Energy Investment 2011;” by Angus McCrone, et al; published by United Nations Environment Programme (UNEP), Bloomberg New Energy Finance, Frankfurt School UNEP Collaborating Centre for Climate & Sustainable Energy Finance; July 2011; 61 pages; available at:
http://www.fs-unep-centre.org/publications/global-trends-renewable-energy-investment-2011 Continue reading

Share

MICROCAPITAL BRIEF: Survey: Majority in Fiji Prefer Cash to Mobile Money

According to the Mobile Money Omnibus Survey conducted in the Republic of Fiji by Tebbutt Research, a market research agency in the Pacific Islands, and the Pacific Financial Inclusion Program (PFIP), a UN-backed program that aims to provide financial services to low-income households, 80 percent of respondents prefer to handle cash rather than utilize mobile payments. Continue reading

Share

MICROCAPITAL BRIEF: MobiCash, Warid Congo Introduce Mobile Money Product, Visa Developing Cross-Border Platform

MobiCash, a Mauritius-based mobile payments company that provides banking and payment services to those without access to traditional financial services, recently announced it has launched a mobile money service in the Republic of the Congo. Continue reading

Share

MICROCAPITAL BRIEF: Microsavings and Payments Innovation Initiative (MPII) of Innovations for Poverty Action (IPA) Accepting Expressions of Interest through May 4, 2012

The Microsavings and Payments Innovation Initiative, a research initiative created in 2010 by US-based nonprofit Innovations for Poverty Action (IPA), has issued a call for expressions of interest for funding “to conduct rigorous, field-based research on savings products and services as well as payments and money transfer channels for the world’s poor and financially excluded” [1]. Continue reading

Share
Written by Comments Off on MICROCAPITAL BRIEF: Microsavings and Payments Innovation Initiative (MPII) of Innovations for Poverty Action (IPA) Accepting Expressions of Interest through May 4, 2012 Posted in Trends/Challenges