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.
Category: Transparency
MICROCAPITAL BRIEF: India’s Microfinance Institutions Network (MFIN) to Publish Microfinance Institution Interest Rates Online via MFTransparency
The Microfinance Institutions Network (MFIN), a self-regulatory organization of 35 Indian microfinance companies, has asked Microfinance Transparency (MFTransparency), a US-based non-governmental organization that aims to disseminate accurate and comparable microfinance product cost information, to post on its website information on the interest rates charged by as many of the microfinance institutions (MFIs) in India as possible.
MICROCAPITAL BRIEF: Credit Rating Agency Standard and Poor’s (S&P) Upgrades Mexican Microfinance Institution (MFI) Compartamos Banco
Compartamos Banco, a publicly-listed microfinance institution (MFI) based in Mexico, has been upgraded by credit rating agency Standard and Poor’s (S&P) to ‘mxAA’ and ‘mxA-1+’ for its long and short-term ratings, respectively. Compartamos Banco’s local bank bonds issued in August 2009, COMPART 09, were also upgraded to ‘mxAA’ and ‘mxA-1+’ with a ‘stable’ outlook.
MICROFINANCE EVENT: “MFTransparency Workshops on Transparent Pricing in Ecuador” April 27 to April 29, 2010
MICROFINANCE EVENT: “MFTransparency Workshops on Transparent Pricing in Ecuador” April 27 to April 29, 2010
Event Name: MFTransparency Workshop on Transparent Pricing in Ecuador
Event Dates and Locations: April 27, 2010, in Quito, Ecuador; April 28, 2010, in Ambato,
Ecuador; April 29, 2010, in Guyaquil, Ecuador
Event Website: http://www.mftransparency.org/pages/transparent-pricing-initiative-in-ec…
See Our Comprehensive Event Calendar Here: http://microfinanceassociation.ning.com/events
Cost: Free
MICROCAPITAL BRIEF: Microfinance Information Exchange (MIX) Releases April 2010 E-Newsletter
The nonprofit Microfinance Information Exchange (MIX) has released its April 2010 e-newsletter highlighting recent and upcoming MIX activities, publications and upcoming microfinance events.
MICROCAPITAL BRIEF: Nigeria Deposit Insurance Corporation (NDIC) Commences Nationwide Investigation of Microfinance Institutions (MFIs)
After a joint examination exercise with the Central Bank of Nigeria (CBN) and a slew of complaints from depositors of microfinance institutions (MFIs) that have shut down, the Nigeria Deposit Insurance Corporation (NDIC), the country’s financial industry regulator, recently began a nationwide investigation of MFIs.
MICROCAPITAL BRIEF: Microfinance Information Exchange (MIX) Releases 2009 Benchmarking Report on West Africa
The nonprofit Microfinance Information Exchange (MIX) has released the 2009 benchmarking report for the UEMOA (Union économique et monétaire ouest-africaine), the West African Economic and Monetary Union.
MICROCAPITAL BRIEF: Microfinance Information Exchange (MIX) Releases 2009 Asia Microfinance Analysis and Benchmarking Report
The nonprofit Microfinance Information Exchange (MIX) has released the 2009 Asia Microfinance Analysis and Benchmarking Report.
MICROCAPITAL BRIEF: Conference Organized by Bank of Albania, KfW Entwicklungsbank and the European Fund for Southeast Europe (EFSE) Calls for Greater Efforts to Promote Responsible Finance Practices
At a recent conference organized by the Bank of Albania, the German development bank KfW Entwicklungsbank and the microfinance investment fund European Fund for Southeast Europe (EFSE), panelists emphasized that amidst high growth rates in the region’s microfinance sector, irresponsible finance practices abound.
MICROCAPITAL BRIEF: Finance Minister of Bangladesh Argues Few Escape Poverty Due to Microfinance, High Interest is Main Challenge Facing Country’s Microfinance Industry
At a recent three-day conference in Bangladesh titled, “Microfinance Regulations: Who Benefits,” the country’s Finance Minister, Mr Abul Maal Abdul Muhith, argued that high interest rates and charges are the main challenges facing Bangladesh’s microfinance industry.
MICROCAPITAL BRIEF: MicroFinance Transparency Receives Ford Foundation Grant to Promote Transparency in Latin American Microfinance Industry
MicroFinance Transparency (MFTransparency), a US-based non-governmental organization that aims to disseminate accurate and comparable microfinance product cost information, has received a grant from the Ford Foundation to expand its work in Argentina, Bolivia, Colombia and Ecuador.
MICROCAPITAL BRIEF: Microfinance Information Exchange (MIX) Releases 2009 Benchmarking Report on Latin America and Caribbean Region
The nonprofit Microfinance Information Exchange (MIX) has released the 2009 Latin America and Caribbean (LAC) Microfinance Analysis and Benchmarking Report in English and Spanish.
MICROCAPITAL BRIEF: Microfinance Information Exchange (MIX) Releases Benchmarking Report on Kosovo
The Microfinance Information Exchange (MIX), the microfinance clearinghouse, has released the 2009 Kosovo Microfinance Analysis and Benchmarking Report in Albanian.
MICROCAPITAL BRIEF: Pakistan Microfinance Network (PMN) to Set Up Credit Bureau by End of April 2010
The Pakistan Microfinance Network (PMN), a disseminator of microfinance information with 12 microfinance institution members, plans to set up a credit bureau by the end of April 2010.
MICROCAPITAL BRIEF: Microcredit Regulation Authority of Bangladesh to Make Public the Interest Rates Charged by Microfinance Institutions (MFIs)
According to Leela Rashid, the director of operations of The Microcredit Regularity Authority (MRA) of Bangladesh, the organization will begin to make public the interest rates charged by microfinance institutions (MFIs).
MICROCAPITAL BRIEF: Microfinance Information Exchange (MIX) Releases Third Annual Global Ranking of Microfinance Institutions (MFIs)
The Microfinance Information Exchange (MIX), the microfinance information clearinghouse, recently released its third annual ranking of microfinance institutions (MFIs), The Mix Global 100.
MICROCAPITAL BRIEF: India’s Microfinance Institutions Network (MFIN) Members to Create Credit Bureau in an Effort to Prevent Client Overindebtedness and Maximize Repayment
India’s Microfinance Institutions Network (MFIN), a self-regulatory organization of 31 of India’s largest microfinance companies, recently said its members will provide borrowers’ names, addresses and loan details to a credit bureau they have created, Alpha Micro Finance Consultants P Ltd (Alpha), in an effort to prevent client overindebtedness and maximize repayment.
MICROCAPITAL BRIEF: Economist Intelligence Unit (EIU) Ranks the Philippines “Best” in World in Terms of Microfinance Regulatory Framework
A study conducted by the Economist Intelligence Unit (EIU), the business information arm of The Economist Group, the producer of The Economist weekly magazine, has ranked the Philippines as first in the world in terms of its microfinance regulatory framework and third in the world in terms of its microfinance business environment, following Peru and Bolivia.