Category: Trends/Challenges

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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MICROCAPITAL BRIEF: Microfinance Information Exchange (MIX) Releases Third Annual Global Ranking of Microfinance Institutions (MFIs)

The Microfinance Information Exchange (MIX), the microfinance information clearinghouse, recently released its third annual ranking of microfinance institutions (MFIs), The Mix Global 100. Continue reading

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MICROCAPITAL BRIEF: India’s Microfinance Institutions Network (MFIN) Members to Create Credit Bureau in an Effort to Prevent Client Overindebtedness and Maximize Repayment

India’s Microfinance Institutions Network (MFIN), a self-regulatory organization of 31 of India’s largest microfinance companies, recently said its members will provide borrowers’ names, addresses and loan details to a credit bureau they have created, Alpha Micro Finance Consultants P Ltd (Alpha), in an effort to prevent client overindebtedness and maximize repayment. Continue reading

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MEET THE BOSS: Discussions on Microfinance Investment Vehicles (MIVs) and Impact Investing: Interview with Paul DiLeo, Co-Founder and Managing Partner of Grassroots Capital

Paul DiLeo, Managing Partner at Grassroots Capital, plays a role in attracting private capital to the company, creating investment vehicles to address market gaps and raising funding to support new initiatives.  Mr. DiLeo launched and now co-manages the Global Microfinance Equity Fund and the Gray Ghost Microfinance Fund, which is a private, for-profit microfinance fund originally established to demonstrate the viability of microfinance investment.  He obtained his bachelor’s degree from the University of Massachusetts (US), has a master’s degree from Boston University (US) and completed studies in business accounting and finance at New York University (US). Continue reading

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MICROCAPITAL BRIEF: SKS Microfinance, a Microfinance Institution (MFI) Based in India, Expected to File for Initial Public Offering (IPO) in Next Four Weeks

SKS Microfinance Limited, a microfinance institution (MFI) based in India, is expected to file for an initial public offering (IPO) in the next three to four weeks, according to three sources that news provider, Reuters, does not name. Continue reading

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