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

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

MICROCAPITAL BRIEF: Incofin Sells 55% Equity Stake in Colombian Microfinance Institution Crezcamos to Its Founder, Mauricio Osorio

Belgium’s Incofin Investment Management recently informed MicroCapital that its Rural Impulse Funds I and II have sold all of their shares of Crezcamos, a Colombian microfinance institution (MFI), to Continue reading

SPECIAL REPORT: Women Advancing Microfinance (WAM) New York Presents “A Purpose-led Career,” June 21, 2017

The New York chapter of Women Advancing Microfinance, a group that organizes events and provides scholarships supporting women involved in social entrepreneurship, is hosting an event called “A Purpose-led Career,” at which a panel will discuss setting and achieving personal and career Continue reading

Written by Comments Off on SPECIAL REPORT: Women Advancing Microfinance (WAM) New York Presents “A Purpose-led Career,” June 21, 2017 Posted in Events, Latin America

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

MICROCAPITAL BRIEF: MBK Borrowing $15m from FMO to Grow Group Microfinance Loan Portfolio in Indonesia

Mitra Bisnis Keluarga Ventura (MBK), a microfinance institution providing group loans to women in Indonesia, recently borrowed USD 15 million from Nederlandse Financierings-Maatschappij voor Ontwikkelingslanden (FMO), a Netherlands-based development finance institution. This is the third loan FMO has provided to MBK Continue reading

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

MICROCAPITAL BRIEF: Asian Development Bank (ADB) Places $10m Equity Investment in Satin Creditcare Network to Support Microfinance for Women in Rural India

The Asian Development Bank (ADB), a Philippines-based multilateral institution, recently made an equity investment of USD 10 million in Satin Creditcare Network Limited, a for-profit Indian microfinance institution (MFI). The funding will be used to “expand and broaden” the institution’s services for unserved Continue reading

MICROCAPITAL BRIEF: EBRD, TaiwanICDF Loan $44m to Romania’s Banca Transilvania for Residential Energy Efficiency

The European Bank for Reconstruction and Development (EBRD), a UK-based multilateral institution, recently announced that it will disburse a loan of EUR 40 million (USD 44 million) to Banca Transilvania, a Romania-based bank, in order to improve energy efficiency in residences in the country. The funds will come from the Green Economy Financing Facility Continue reading

MICROFINANCE EVENT: Opportunity Collaboration; October 15-20, 2017; Ixtapa, Mexico

Event Name: Opportunity Collaboration

Event Date: October 15 – October 20, 2017

Event Location: Club Med Ixtapa Pacific, Ixtapa, Mexico

Summary: This networking and problem-solving event is for people who are “dedicated to building sustainable solutions to poverty.” It includes Continue reading

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MICROCAPITAL BRIEF: Fidelity Bank Ghana Borrows $54m for SME Lending from FMO, BIO, Symbiotics, Oikocredit, Incofin

Two government-backed entities, the Netherlands’ Nederlandse Financierings-Maatschappij voor Ontwikkelingslanden (FMO) and the Belgian Investment Company for Developing Countries (BIO), recently announced they are leading a senior loan package of USD 54 million to be onlent by Fidelity Bank Ghana to small and medium-sized enterprises (SMEs). The loan comprises USD 25 million from FMO Continue reading

Written by Comments Off on MICROCAPITAL BRIEF: Fidelity Bank Ghana Borrows $54m for SME Lending from FMO, BIO, Symbiotics, Oikocredit, Incofin Posted in Africa, Investment Funds

MICROCAPITAL BRIEF: Vision Microfinance Funds of C-Quadrat Loan $45m in Countries Including Bangladesh, Cambodia, Tajikistan, Nicaragua

C-Quadrat Asset Management recently informed MicroCapital that its Dual Return Vision Microfinance and Dual Return Vision Microfinance-Local Currency funds loaned a total approximately equivalent to USD 45 million during April to unidentified providers of financial services in a range of countries including Cambodia, Nicaragua and Tajikistan as well as – for the first time – Continue reading

MICROCAPITAL BRIEF: Overseas Private Investment Corporation (OPIC) Lending $49m to Mongolia’s XacBank in Partnership with Women Entrepreneurs Opportunity Facility of Goldman Sachs 10,000 Women, IFC

The Overseas Private Investment Corporation (OPIC), a development finance institution backed by the US government, recently agreed to loan USD 49 million to XacBank, a microfinance institution in Mongolia, to support lending to women-owned small and medium-sized enterprises (SMEs) [1]. Continue reading

MICROCAPITAL BRIEF: Overseas Private Investment Corporation (OPIC) Lending $5m to Accion’s Early Dawn Microfinance to Support Women Entrepreneurs in Myanmar

The Overseas Private Investment Corporation (OPIC), a development finance institution backed by the US government, recently agreed to loan Myanmar-based Early Dawn Microfinance Company Limited USD 5 million. Dawn lends to low-income women in living in urban and peri-urban areas. Continue reading

MICROCAPITAL BRIEF: Ant Financial, Emtek to Launch Mobile Payment Service in Indonesia

Ant Financial Services Group, a member of China’s Alibaba Group and the parent company of Alipay, and Elang Mahkota Teknologi (Emtek), an Indonesia-based media company, recently announced plans to launch a mobile payment platform in Indonesia. The new service will run on BlackBerry Messenger (BBM) Continue reading

MICROCAPITAL BRIEF: Advans Myanmar Disburses First Group Microfinance Loan from Branch in Amarapura

The Advans Group, which operates a network of 10 microfinance institutions from offices in France and Luxembourg, recently opened the first branch of Advans Myanmar in the city of Amarapura. Advans Myanmar is offering loans of up to MMK 1 million (USD 740) to groups of three to six traders and salaried workers. Continue reading

MICROFINANCE EVENT: Global Forum on Remittances, Investment and Development 2017; June 15-16, 2017; New York, United States

Event Name: The Global Forum on Remittances, Investment and Development 2017

Event Date: June 15 – 16, 2017

Event Location: United Nations Headquarters, New York, New York, United States

Summary of Event: This two-day event will address ways to achieve the United Nations Goals for Sustainable Development through discussions of global governance, migrant investment Continue reading

MICROFINANCE EVENT: 7th Annual Africa Banking and Finance Conference; May 30 – 31, 2017; Kigali, Rwanda

Event Name: Seventh Annual Africa Banking and Finance Conference (ABFC)

Event Date: May 30 – May 31, 2017

Event Location: Serena Hotel, Kigali, Rwanda

Summary of Event: The theme of this year’s Annual Banking and Finance Conference is “Making Financial Inclusion a Reality in Africa: Connecting People to Banking 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