MICROCAPITAL BRIEF: European Bank for Reconstruction and Development Plans to Allocate $15m to EBRD Kosovo Sustainable Energy Projects (KoSEP) Framework

The European Bank for Reconstruction and Development (EBRD), a London-based multilateral financial institution, plans to allocate EUR 12 million (USD 15.4 million) to Kosovo Sustainable Energy Projects (KoSEP), an EBRD framework intended to promote energy efficiency and renewable energy investments by small and medium enterprises (SMEs) and the residential sector. Continue reading

MICROCAPITAL BRIEF: Overseas Private Investment Corporation (OPIC) Lends $5m to Thaneakea Phum Cambodia (TPC) to Expand Housing, Microfinance Loans

The Overseas Private Investment Corporation (OPIC), a development finance institution backed by the US government, recently finalized a USD 5 million loan to Thaneakea Phum Cambodia Limited (TPC), a Cambodian microfinance institution (MFI). Continue reading

MICROCAPITAL BRIEF: Janalakshmi Financial Services (JFS) Partners with Manipal Global to Train JFS Employees

Janalakshmi Financial Services (JFS), an Indian microfinance institution (MFI) focusing on urban areas, and Manipal Global Education Services, a subsidiary of India-based Manipal Education and Medical Group, reportedly have launched the Janalakshmi-Manipal Institute of Financial Inclusion (JMIFI), which offers a three-week training program for newly hired JFS employees.  Continue reading

MICROFINANCE PUBLICATION ROUND-UP: Curbing Debt Stress, Social Performance in Mexico, UN Human Development Report: The Rise of the South

“Regulatory Options to Curb Debt Stress;” by Gabriel Davel; published by CGAP (Consultative Group to Assist the Poor); March 2013; 29 pages; available at: http://www.cgap.org/publications/regulatory-options-curb-debt-stress

This report highlights how the dynamics of credit markets can lead to cycles of credit growth and accumulation of consumer debt followed by widespread default and contraction. Continue reading

MICROCAPITAL BRIEF: Ears Earth Environment Monitoring of the Netherlands Offers Climate-based Crop Microinsurance System FESA Free to Microinsurance Retailers in Africa

Ears Earth Environment Monitoring Limited, a subsidiary of the Netherlands-based remote sensing company Ears Holding, is offering its Food Early Solutions for Africa (FESA) microinsurance system free of charge to microinsurance providers. Continue reading

MICROCAPITAL BRIEF: VisionFund International, World Vision Use Microfinance to Supplement RIWASH Clean Water Initiative in Sri Lanka

World Vision International, a US-based Christian humanitarian organization, and its subsidiary VisionFund International, a US-based nonprofit organization, have supplied microfinance loans to 400 families supplement initiatives to increase access to clean water in Sri Lanka. Continue reading

MICROFINANCE EVENT: 7th Annual Penn Microfinance Conference: DiversiMFIcation, The New Landscape of Microfinance, March 30, 2013, Philadelphia, USA

Event Name: Penn Microfinance Conference: DiversiMFIcation, The New Landscape of Microfinance

Event Date: March 30, 2013

Event Location: Jon M. Huntsman Hall, University of Pennsylvania, Philadelphia, Pennsylvania, USA Continue reading

MICROCAPITAL BRIEF: International Finance Corporation Invests $28m in Equity in Bhutan National Bank to Increase Financial Inclusion; Lending to Micro-, Small and Medium-sized Enterprises

The International Finance Corporation (IFC), the private-investment arm of the World Bank Group, has invested USD 28 million in Bhutan National Bank, a publicly owned commercial bank, to increase its lending to micro-, small and medium-sized enterprises. Continue reading