Microfund 
for Women (MFW), a nonprofit microfinance institution in Jordan, recently partnered with MoneyPhone, a Netherlands-based financial technology (fintech) company, to enhance its digital offerings in response to the COVID-19 pandemic. Bdour Al-Hyari, the director of strategic planning and business development at MFW, cited the “opportunity for us to introduce new digital services, such as
Search Results for: MFW
MICROCAPITAL BRIEF: EIB Lends $3m to Microfund for Women (MFW) for Entrepreneurs in Jordan
The European Investment Bank (EIB), an institution of the EU, recently lent EUR 2.7 million (USD 3.3 million) to Microfund for Women (MFW) to be on-lent for microenterprise in Jordan. These loans are intended to support 9,100 people, 90 percent of whom are women, whose livelihoods have been threatened by the effects of the COVID-19 pandemic. EIB drew the funds from the Southern Neighborhood Microfinance
MICROCAPITAL BRIEF: Microfund for Women (MFW) Borrowing $5m from EIB to Extend Microfinance to 146k Syrian Refugees, Local Entrepreneurs in Jordan
The EU’s European Investment Bank (EIB) recently agreed to loan USD 5 million to Jordanian microfinance institution Microfund for Women (MFW) to give microenterprises greater access to finance. The deal will support 146,000 people, almost all of them women. A portion of the funds are intended to help Syrian refugees
MICROCAPITAL BRIEF: EBRD Lending $2m to Microfinance Institution Microfund for Women (MFW) for Entrepreneurs, Syrian Refugees in Jordan
The European Bank for Reconstruction and Development (EBRD), a UK-based multilateral development institution, recently announced it will loan USD 2 million in local currency to Microfund for Women (MFW), a microfinance institution in Jordan, to support female entrepreneurs in that country.
MICROCAPITAL EVENT: 2014 Making Finance Work for Africa (MFW4A) Partnership Forum, June 10-12, 2014, Dakar, Senegal
Event Name: 2014 Making Finance Work for Africa (MFW4A) Partnership Forum
Event Date: June 10-12, 2014
Event Location: King Fahd Palace Hotel, Dakar, Senegal
MICROCAPITAL BRIEF: European Bank for Reconstruction and Development (EBRD) Loans $4m to Microfund for Women (MFW) of Jordan to Support Onlending to Female Entrepreneurs
The European Bank for Reconstruction and Development (EBRD), a UK-based multilateral institution that provides loans and other services in 36 countries, recently announced that it will extend a senior loan of USD 4 million to Microfund for Women (MFW), an NGO microlender in Jordan, to support onlending to female entrepreneurs.
MICROCAPITAL BRIEF: Making Finance Work for Africa (MFW4A) Announces the Launching of the Stakeholder Engagement Web Portal
Making Finance Work for Africa (MFW4A), a partnership based in Tunisia between 13 development institutions launched in 2007 that focuses on promoting financial sector development in all of Africa, has launched the Stakeholder Engagement Web Portal, a web-based doorway to all the organization’s stakeholder’s activities across continent.
MICROCAPITAL BRIEF: Uganda’s Insurance Regulator, Making Finance Work for Africa (MFW4A), Access to Insurance Initiative (A2ii) Seek to Expand Access to Microinsurance, Perhaps Mobile Money
The Insurance Regulatory Authority (IRA), Uganda’s insurance industry regulator, reportedly is partnering with Making Finance Work for Africa (MFW4A), a multilateral platform that aims to coordinate financial sector activities among African governments, and the Access to Insurance Initiative (A2ii), a global program hosted by Germany’s international cooperation agency (Deutsche Gesellschaft für Internationale Zusammenarbeit), to create regulation that make access to microinsurance more efficient, mainly for low-income earners.
MICROCAPITAL BRIEF: Making Finance Work for Africa (MFW4A), Munich Re Foundation Survey: African Microinsurance Tripled in 3 Years
A recent study being released this week by Making Finance Work For Africa (MFW4A), an initiative that aims to coordinate financial sector development among African governments, and Munich Re Foundation, the charitable arm of the German reinsurance company, indicates the microinsurance market in Africa has grown by 200 percent in the past 3 years.
MICROCAPITAL BRIEF: Development and Employment Fund (DEF) of Jordan Offers $5m in Grants to Microfund for Women (MFW), Ahli Microfinance Company (AMC)
The Development and Employment Fund (DEF), a provider of retail and wholesale microfinance services backed by the Jordanian government, reportedly has offered grants totaling JOD 3.5 million (USD 5 million) to the Microfund for Women (MFW) and the Ahli Microfinance Company (AMC), two microfinance providers in Jordan.
MICROCAPITAL BRIEF: Making Finance Work for Africa (MFW4A) Launches Website Addressing Access to Finance, Regional Financial Integration and Remittances
The Partnership for Making Finance Work for Africa (MFW4A), an initiative that aims to coordinate financial sector development between African governments, the private sector and development organizations, recently launched a website, www.mfw4a.org.
MICROCAPITAL STORY: President of Women’s World Banking (WWB) Visits Jordanian Microfinance Market Where Partner, Microfund for Women (MFW), Operates
Mary Ellen Iskenderian, President of Women’s World Banking (WWB), a New York-based institution supporting over 55 microfinance institutions (MFIs) and banks in 43 countries, recently visited Jordan, as reported by the Jordan Times in an interview on March 10th. WWB’s partner in Jordan is Microfund for Women (MFW), which reported 2007 total assets of USD 13.9 million and a loan portfolio of USD 13.2 million to the microfinance information clearinghouse, the MIX Market. President Iskenderian was en route to Dubai, but visited Hai Nazzal Centre, located in a suburb of Amman with the same name, where she observed Jordanian microfinance operations.
responsAbility Global Microfinance Fund Grows Book of Business with New Debt Investments in Partneri Shquiptar ne Mikrokredi, Mi-Bospo, Edpyme Proempresa, COAC Pablo Munoz, and MFW
responsAbility Global Microfinance Fund, the Swiss microfinance investment fund with US$50,241,143 in assets under management, recently undertook new debt investments in five separate microfinance institutions located around the world. responsAbility typically invests in microfinance institutions, though on occasion it branches out into small and medium enterprises and trade finance for small businesses in developing countries. The fund has increased its net asset value by 6.44% since its inception in 2003.
Continue reading “responsAbility Global Microfinance Fund Grows Book of Business with New Debt Investments in Partneri Shquiptar ne Mikrokredi, Mi-Bospo, Edpyme Proempresa, COAC Pablo Munoz, and MFW”
MICROFINANCE EVENT: Making Finance Work for Women Global Summit; May 24-25, 2023; Mumbai, India – NEW DATES AND LOCATION
The goal of this event is to find new ways to assist women in accessing financial services and thus economic empowerment. Although the detailed agenda has yet to be released, the 2020 virtual edition of the summit offered programming on topics such as the effect of world crises on low-income women, digitized wages, inclusive insurance, resilience, leadership and diversity, government-to-person (G2P) payments, gender-lens investing, and regulatory technology (regtech).
MICROFINANCE EVENT: Women’s World Banking: Making Finance Work for Women; November 7, 2018; New York, USA
Summary of Event: Making Finance Work for Women will include discussions on increasing female involvement in the financial industry and creating more economic opportunities for women worldwide. Representatives from the financial services, philanthropy, and technology sectors will discuss topics including Financing Women in the Supply Chain, Investing with a Gender Lens, The Role of Technology in Powering Women’s Financial Inclusion, and Powering Economies by Investing in Women.
The presenters include
SPECIAL REPORT: Clients Come Clean on Sneaking Contraception, Practitioners Move from Serving Women to Empowering Households as European Microfinance Week Closes
During the closing day of European Microfinance Week
, Imran Matin of the US-based nonprofit Innovations for Poverty Action (IPA) stressed the importance of not just whether women will use financial services, but “what account ownership will translate into in terms of achievement.” Foreshadowing a theme of the session, he added that “intra-household dynamics is very important and also particularly difficult to measure.”
Bdour Al-Hyari of Jordan’s Microfund for Women (MFW) described a long-running insurance product offered by her microfinance institution (MFI). The coverage provides cash to clients who are hospitalized or have a family member who is. While health issues were a major cause of default in the past, women who got “hospital cash” from MFW reportedly repaid their loans at a rate of
MICROFINANCE EVENT: Making Finance Work for Women Summit; October 24-25, 2017; Dar es Salaam, Tanzania
Event Name: Making Finance Work for Women Summit
Event Date: October 24 – October 25, 2017
Event Location: The Kilimanjaro Hotel, Dar es Salaam, Tanzania
Summary of Event: The theme of this year’s biennial summit is “Digital Financial Inclusion.” Sessions will include topics such as “the state of digital financial services”, how policymakers
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.