This report on funding water, sanitation and hygiene (WASH) cites the UN’s Sustainable Development Goal (SDG) 6 – Clean Water and Sanitation – as well as data indicating 3.6 billion people worldwide have limited access to
Tag: China
MICROCAPITAL BRIEF: Impact Asset Management’s Dual Return Vision Microfinance Funds Lend to MFIs in India, China
Impact Asset Management (I-AM), a unit of Austria’s C-Quadrat Investment Group, recently announced it has disbursed loans totaling USD 12 million to microfinance institutions (MFIs) in seven countries through its Dual Return Funds. MFIs in China and India received “among the highest volumes,” but the other countries have not been announced. The names of the MFIs and the amounts invested
MICROCAPITAL BRIEF: C-Quadrat Impact Asset Management (I-AM) Loans $20m from Dual Return Vision Microfinance Funds to MFIs in 8 Countries
Impact Asset Management (I-AM), a unit of Austria’s C-Quadrat Investment Group, recently announced it lent a total of USD 20 million to microfinance institutions (MFIs) in China, Mexico, Mongolia, Nepal, Peru and three other countries through its Dual Return Funds during July 2022. I-AM has
MICROCAPITAL BRIEF: CIMB Bank Philippines, Zoloz Partner on e-KYC in Effort to Boost Digital Financial Services, Inclusion
CIMB Bank Philippines, a digital banking unit of Malaysia-based CIMB Group Holdings, recently announced a partnership with China-based Zoloz to leverage its electronic know-your-customer (e-KYC) technology to simplify the bank’s verification of customers’ identities and otherwise create an “enhanced payment experience.” Zoloz, which is owned by China’s Ant Group, offers products that
MICROCAPITAL BRIEF: ADB Loans $40m to CD Finance of the People’s Republic of China for Microfinance, Mainly for Rural Women
The Chinese microfinance institution CD Finance recently secured a loan of USD 40 million from the Asian Development Bank (ADB) to finance microloans intended to improve the quality of life of farmers, microentrepreneurs and women in rural areas of the People’s Republic of China (PRC). Sixty percent of the total is allocated to
MICROCAPITAL BRIEF: IFU, Incofin Invest $4.2m in Equity in Ningxia Dongfang Huimin Microfinance of China to Boost Financial Inclusion for Rural Women
Belgium-based Incofin Investment Management and the government-owned Investment Fund for Developing Countries, which is known by its Danish acronym IFU, recently invested USD 2.1 million each in Ningxia Dongfang Huimin Microfinance Corporation Limited to further Huimin’s provision of financial services to female farmers in China’s Ningxia province. Incofin placed the investment through its agRIF fund
MICROCAPITAL BRIEF: ADB Lending $20m in Local Currency to MicroCred to Support MSMEs in Western China
The Asian Development Bank (ADB) recently agreed to loan the equivalent of USD 20 million to MicroCred China, a unit of the France-based Baobab Group, to support micro-, small and medium-sized enterprises (MSMEs). The money is intended to
MICROFINANCE PAPER WRAP UP: “A New Kind of Conglomerate: Bigtech in China,” published by Institute of International Finance
This is a summary of a paper published by the Institute of International Finance, November 2018, 33 pages, available at https://www.iif.com/portals/0/Files/private/chinese_digital_nov_1.pdf
This paper focuses on the five largest technology firms in China – Alibaba, Tencent, Baidu, Ping An and JD.com – and their reach into both the daily life and broader economy of China. The number of internet users in China
MICROFINANCE EVENT: Asian Venture Philanthropy Network (AVPN) Conference; June 4 – 7, 2018; Singapore
Summary of Event: This sixth iteration of this event centers on maximizing social impact in Asia through investing and philanthropy. The topics are to include “strategic philanthropy,” investing in education and healthcare, investing with a gender lens, government policy implications, and
MICROCAPITAL BRIEF: People’s Bank of China (PBC) Reports Growth of Microcredit Sector in Country
The People’s Bank of China (PBC), the central bank of the People’s Republic of China, has reported significant growth in the country’s microcredit sector over the past three years, with the number of microcredit companies reaching approximately 7,000 and the total outstanding loans reaching CNY 700 billion (USD 115 billion) at the end of June 2013 in China [1].
MICROFINANCE EVENT: Microfinance Investor Conference, December 11-12, 2008 in Beijing, China
Source: Symbiotics
Original Post available here.
Event site available here.
Beijing, China, October 19, 2008 – This conference shall bring together Chinese MFI and international investors, as well as other stakeholders.
The microfinance landscape in China is developing rapidly and various types of new institutions have entered the market in the past few years. As new institutions are being set up and older ones continue to grow, there is an increasing demand for outside funding.
Organized by the joint People’s Bank of China (PBC)-GTZ project on Microfinance and Rural Financial Sector Reform, this conference shall bring together Chinese MFI (mainly commercially oriented types such as Micro-Credit Companies and Village Banks), international investors, and other stakeholders.
The conference will provide an overview over the Chinese microfinance landscape. As speakers, co-sponsors can further make themselves visible to a wide range of MFI and government decision makers.
All participants have a unique chance to get to know each other and build their networks in our “Market Place”: International Investors will be given space to set up information booths and present themselves to the participating MFI.
Please visit the following homepage www.gtz-china.org/finance/pbc-gtz-2008. Details on registration will be available very soon.
Read more about the project on Microfinance and Rural Financial Sector Reform here.