With worldwide remittances exceeding $232 billion in 2005 and the possibility of expected remittances in coming years to increase by 7-8% annually, financial markets in developing countries are prepared for large amounts of microfinance investment.
Continue reading “Possible 7-8% Rise in Worldwide Remittances in Following Years Allows Plenty of Room for Microfinance Investment”
Similar Posts:
- MICROCAPITAL BRIEF: Whole Planet Foundation Offering Interest-free Wholesale Funding for Microfinance in Latin America, Caribbean
- MICROCAPITAL BRIEF: Stanbic Bank Uganda, IFAD Seek to Reduce Costs of Remittances via FlexiPay E-wallet, Encourage Adoption via SACCOs
- MICROFINANCE EVENT: Climate Investment Summit; June 28, 2023; London, UK
- MICROCAPITAL BRIEF: Credit Bank, FSD Kenya Engaging SACCOs in Effort to Reduce Remittance Costs for Rural Kenyans
- MICROFINANCE EVENT: Global Forum on Remittances, Investment and Development (GFRID); June 14-16, 2023; Nairobi, Kenya