Category: Trends/Challenges

MICROCAPITAL BRIEF: International Migrants Remittances Observatory (IMRO) Establishes Microfinance Investment Vehicle, World Diaspora Fund (WDF)

The Working Group of the International Migrants Remittances Observatory for Least Developed Countries (IMRO), in partnership with several public and private organizations, has established the World Diaspora Fund (WDF) in Geneva, Switzerland. Continue reading

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MICROCAPITAL BRIEF: Women’s World Banking’s (WWB) Center for Microfinance Leadership and University of Pennsylvania’s Wharton School of Business Host Advanced Leadership Course

Women’s World Banking (WWB), an organization that provides technical and advisory services to its global network of microfinance institutions (MFIs), has partnered with Wharton’s Aresty Institute for Executive Education to host its first advanced leadership course for microfinance professionals in March. Continue reading

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MICROCAPITAL BRIEF: Mohammed Yunus, Founder of Grameen Bank, Calls for Change in African Banking Laws to Increase Effectiveness of Microfinance Institutions (MFIs)

Mohammed Yunus, a 2006 Nobel Prize winner for championing microcredit and the founder of Grameen Bank, a microfinance institution (MFI) located in Bangladesh, recently was reported to have said that the dearth of microcredit laws in many African countries is preventing access to loans for millions of the continent’s poor people. Continue reading

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MICROCAPITAL BRIEF: Blogger for the New York Times Proposes an Alternative Method for Evaluating Microfinance Programs Without “Breaking the Bank”

A recent guest blog post on the New York Times newspaper website titled, “Evaluating Microfinance When Randomization Isn’t an Option,” covers an alternative evaluation method that Michael Frank, the Director of Finance for the Mali Health Organizing Project, has proposed, which he hopes will allow him to evaluate his organization’s microfinance program without “breaking the bank”. Continue reading

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MICROFINANCE EVENT: Frankfurt School of Finance & Management (Bankakademie) Hosts Summer Academies in Germany July 2 – 30, 2010

Event Name: The Frankfurt School Summer Academies 2010

Event Date: July 2 to July 30, 2010

Event Location: Frankfurt School of Finance & Management (Bankakademie)

Event Website: http://www.frankfurt-school.de/content/en/intern_advisory/summer_academies

See Our Comprehensive Event Calendar Here: http://microfinanceassociation.ning.com/events Continue reading

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MICROFINANCE EVENT: Chicago Microfinance Conference (CFMC), May 7, 2010, Hosted by the University of Chicago Booth School of Business

Event Name: Chicago Microfinance Conference (CFMC)

Event Date: May 7, 2010

Event Location: University of Chicago Booth School of Business

Event Website: http://www.chicagomicrofinance.com/index.shtml

See Our Comprehensive Event Calendar Here: http://microfinanceassociation.ning.com/events Continue reading

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MICROCAPITAL BRIEF: The Microenterprise and Development Institute (MDI) Moves to the Carsey Institute at the University of New Hampshire (UNH), Program Renamed the Sustainable Microenterprise and Development Program (SMDP)

The Microenterprise and Development Institute (MDI), a US-based microfinance training program, has moved from Southern New Hampshire University to the Carsey Institute at the University of New Hampshire (UNH). The program is now called the Sustainable Microenterprise and Development Program (SMDP). Continue reading

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MICROCAPITAL BRIEF: UAP Insurance of Kenya, Safaricom and the Syngenta Foundation for Sustainable Agriculture to Expand Mobile Microinsurance Program in Kenya

A recent article in The Economist weekly magazine brings attention to the expansion of a new microinsurance scheme in Kenya, known as Kilimo Salama, or “safe farming,” which uses mobile phones and automated solar-power weather stations to provide crop insurance to low-income farmers. Continue reading

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MICROFINANCE PAPER WRAP-UP: Women and Income-Generating Activities: Understanding Motivations by Prioritising Skill, Knowledge and Capabilities, by Thanuja Mummidi

Written by Thanuja Mummidi, published by the Rural Microfinance and Employment project (RUME) in June 2009, 27 pages, available at: http://www.rume-rural-microfinance.org/IMG/pdf_WP5.pdf

This study examines a methodology for analyzing whether or not microfinance promotes income-generating activities amongst the poor, specifically focusing on women. Continue reading

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MICROCAPITAL BRIEF: Experts Discuss Importance of Savings at Women’s World Banking (WWB) Microfinance and Capital Markets Conference

At the Women’s World Banking (WWB) Microfinance and Capital Markets conference on March 23 and March 24, Ms Elizabeth Littlefield, the Chief Executive of CGAP (Consultative Group to Assist the Poor) who has been nominated to head the Overseas Private Investment Corporation (OPIC), declared “There’s a huge untapped pool of savings in poor households that’s desperate to be taken out from under the bed.” Continue reading

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MICROCAPITAL BRIEF: Conference Organized by Bank of Albania, KfW Entwicklungsbank and the European Fund for Southeast Europe (EFSE) Calls for Greater Efforts to Promote Responsible Finance Practices

At a recent conference organized by the Bank of Albania, the German development bank KfW Entwicklungsbank and the microfinance investment fund European Fund for Southeast Europe (EFSE), panelists emphasized that amidst high growth rates in the region’s microfinance sector, irresponsible finance practices abound. Continue reading

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MICROCAPITAL BRIEF: Plan Canada and The MasterCard Foundation Create $4.1m Youth Microfinance Project in Niger, Sierra Leone and Senegal

Plan Canada, a nonprofit children’s relief organization, has partnered with The MasterCard Foundation, a private Canadian foundation that supports microfinance, to create a USD 4.1 million program that aims to expand microfinance services to youth (ages 15 to 25) in Niger, Sierra Leone and Senegal. Continue reading

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MICROCAPITAL BRIEF: SKS Microfinance Limited, Microfinance Institution (MFI) in India, Files to Raise $250m in Initial Public Offering (IPO)

There are now more details available regarding the much-anticipated initial public offering (IPO) of SKS Microfinance Limited, a microfinance institution (MFI) based in India, which MicroCapital covered most recently on March 9, 2010. Continue reading

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MICROCAPITAL BRIEF: Indian Microfinance Funds Seek to Expand Focus Beyond Microcredit

According to a recent article on VCCircle.com, an Indian online news platform, Indian microfinance fund managers are diversifying their investment base to include more areas of social investing, such as microinsurance, micro housing finance, healthcare, mobile payments and rural supply chains. Continue reading

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