Category: Trends/Challenges

MICROCAPITAL BRIEF: The Microfinance Association Launches an Investor Matching Service that Aims to Assist Microcredit Institutions Looking for International Investors

The Microfinance Association has launched the Investors Matching service that aims to promote and facilitate the creation of strategic partnerships through matching the interests of microcredit organizations with those of local and international investors. Continue reading

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MICROFINANCE PAPER WRAP-UP: Does Microfinance Repayment Flexibility Affect Entrepreneurial Behavior and Loan Default?, by Erica Field, Rohini Pande and John Papp

Written by Erica Field, Rohini Pande and John Papp, published by The Institute for Financial Management and Research (IFMR) in October 2009, 33 pages, available at: http://ifmr.ac.in/cmf/publications/wp/2010/34_Field_Flexibility_Repayment.pdf

This study examines whether the rigidity of microfinance loan repayment structures inhibits investment in microenterprises. Continue reading

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MICROCAPITAL BRIEF: Microfinance Institutions Network (MFIN) Predicts Efforts Will Lower Microfinance Interest Rates in India

The Microfinance Institutions Network (MFIN), a self-regulatory organization of 35 of India’s microfinance companies, is currently working on several projects that it predicts will lower interest rates on microloans. Continue reading

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MICROCAPITAL BRIEF: Sequoia Capital India, Sandstone Capital, Kismet Capital Advisors and SKS Trust for the Benefit of Women Entrepreneurs Replace SKS Microfinance Founder Mr Vikram Akula as Promoter of the Company

A group of four venture capital companies have replaced Mr Vikram Akula, founder of the Indian microfinance institution (MFI) SKS Microfinance, as promoter of the firm. Continue reading

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MICROCAPITAL BRIEF: Mohammed Yunus, Founder of Grameen Bank, Calls for Standardized Interest Rate for Microfinance Institutions (MFIs) and Strict Definition of “Microcredit” in Bangladesh

Mohammed Yunus, the founder of Grameen Bank, a microfinance institution (MFI) located in Bangladesh, recently was reported to have said that the Microcredit Regulatory Authority (MRA), Bangladesh’s primary regulator over the microfinance activities of all non-governmental organization (NGO) microfinance institutions (MFIs), should introduce a standardized maximum interest rate that can be charged by MFIs. Continue reading

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MICROCAPITAL EVENT: Association of the Luxembourg Fund Industry (ALFI) Microfinance Conference, Organized in Association with Luxembourg Fund Labelling Agency (LuxFLAG), March 25, 2010, Luxembourg

Event Name: Association of the Luxembourg Fund Industry (ALFI) Microfinance Conference

Event Date: March 25, 2010

Event Location: Chambre de Commerce, 7, Rue Alcide Gasperi, Luxembourg

Event Website: http://www.alfi.lu/index.php?id=70&tx_mjseventpro_pi1[showUid]=26&cHash=8f25d57051

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

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MICROCAPITAL EVENT: Money Transfers Dubai (MTD) 2010, Dubai, March 22, 2010

Event Name: Money Transfers Dubai (MTD) 2010

Event Date: March 22, 2010

Event Location: Jumeirah Emirates Towers, Dubai

Event Website: http://www.iamtn.org/events/mtd-2010

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

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MICROCAPITAL BRIEF: University of Greenwich Issues Call for Papers for ‘Global Partnerships in Microfinance’ Conference, September 2010

The University of Greenwich, in collaboration with the University of Birmingham and Burgundy School of Business, has issued a call for papers for its Global Partnerships in Microfinance conference, taking place September 6 to September 7, 2010. Continue reading

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MICROCAPITAL BRIEF: World Savings Bank Institute (WSBI) Issues “Open Message” to Promote Access to Finance to Reach United Nation’s Millennium Development Goals (MDGs)

The World Savings Bank Institute (WSBI), an international banking association, has issued an open message promoting access to finance as a means to accelerate progress toward the United Nation’s Millenium Development Goals (MDGs). Continue reading

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MICROCAPITAL BRIEF: Australian Westpac Banking Corporation Offers Its Employees Matching Funds for Microfinance Loans

Westpac Banking Corporation, an Australian commercial bank, announced that it would begin to offer matching funds for loans made by its employees to poor entrepreneurs in the Asia-Pacific region through the microfinance site http://www.goodreturn.org, which allows individuals to make loans to microentrepreneurs via microfinance institutions. Continue reading

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MICROCAPITAL PAPER WRAP-UP: Microfinance and Inequality, by Hisako Kai and Shigeyuki Hamori

Written by Hisako Kai and Shigeyuki Hamori, published by the Macrothink Institute in 2009, 12 pages, available at: http://www.macrothink.org/journal/index.php/rae/article/viewFile/304/183

This study analyzes cross-sectional data from 61 low-income countries to determine whether microfinance is associated with reduced income inequality. Continue reading

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MICROCAPITAL BRIEF: Microfinance Institution (MFI) Equity Valuations Rise in 2009 as Portfolio Quality Falls, Says Report by JP Morgan and CGAP (Consultative Group to Assist the Poor)

A new report by CGAP (Consultative Group to Assist the Poor) and JP Morgan shows that despite the global financial crisis, microfinance institution (MFI) equity valuations continued to rise across all regions during 2009. Continue reading

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MICROCAPITAL BRIEF: Sarona Asset Management Inc, a Canadian Asset Manager, Raises $12m for Sarona Frontier Markets Fund I LP

Sarona Asset Management Inc (Sarona), a Canadian asset manager with over USD 200 million of assets under management in developing countries around the world, has successfully completed the closing of its Sarona Frontier Markets Fund I LP, raising USD 12 million in investor commitments in the initial three-month fundraising window. Continue reading

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MICROCAPITAL BRIEF: CGAP, Deutsche Bank, Grameen-Jameel and Islamic Development Bank partner to launch Islamic Microfinance Challenge 2010

CGAP (Consultative Group to Assist the Poor), a policy and research center; Deutsche Bank, a European commercial bank with a microfinance program; Grameen-Jameel, a company that provides support to microfinance institutions (MFIs); and the Islamic Development Bank, an international finance institution, recently announced the Islamic Microfinance Challenge, a contest intended to promote the innovative design of Shariah-compliant products for Islamic microfinance clients. Continue reading

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