The Grooming Centre, a nonprofit provider of loans and deposit services to women in Nigeria for micro-, small and medium-sized enterprises (MSMEs), has partnered with MasterCard, a US-based payments company, to replace the NGO’s cash- and check-based loan disbursals with prepaid MasterCard-branded payment cards. Continue reading
Event Name: 9th Annual Penn Microfinance Conference
Event Date: March 28, 2015
Event Location: Jon M. Huntsman Hall, University of Pennsylvania, Philadelphia, Pennsylvania, USA
Summary of Event: This conference will focus on how the microfinance industry has adapted its product offerings and lending methods in the wake of increased government regulation and concern about over-indebtedness. The event will feature a keynote address by Dennis Ripley, the chief business development officer for Opportunity International, a US-based nonprofit providing microfinance services in 22 countries.
Event Name: Global Forum on Remittances 2015
Event Date: June 16-19, 2015
Event Location: Centro Congressi Stella Polare Conference Centre, Milan, Italy
Summary of Event: This event is intended to promote awareness of remittances sent by migrants to their home countries. Session topics will include trends in remittances sent from Europe, best practices in regulation, opportunities for financial inclusion, competition and transaction costs, new technologies, opportunities for public-private partnerships and strategies for developing public-private partnerships to further financial inclusion.
Event Name: TBLI Conference Nordic 2015
Event Date: June 15-16, 2015
Event Location: Ovnhallen Porcelænshaven 20, Copenhagen Business School; Copenhagen, Denmark
Summary of Event: This conference will include panels on topics such as low-carbon investment strategies, how asset owners can address climate change, investing in sustainable agriculture and food production, and social impact strategies for banks.
The World Bank Group’s International Bank for Reconstruction and Development (IBRD) recently loaned USD 100 million to the government of Tunisia to benefit micro-, small and medium-sized enterprises (MSMEs). Continue reading
Event Name: Social Capital Markets “SOCAP15″
Event Date: October 6-9, 2015
Event Location: Fort Mason Center; San Francisco, California, USA
Cost: Regular admission to the event costs USD 1,395 plus a USD 9.95 processing fee. Registrations completed prior to March 26, 2015, are eligible for a discount of USD 600.
Event Name: TBLI Conference Asia 2015
Event Date: April 29-30, 2015
Event Location: INSEAD Asia Campus, Singapore
Cost: The standard cost to attend is SGD 795 (USD 716), with discounts offered to investors, NGO representatives and students, as well as to all attendees who register by April 3, 2015.
The International Finance Corporation (IFC), a member of the US-based World Bank Group that offers financial services to businesses and governments in developing countries with the aim of increasing economic growth, recently mobilized a loan equivalent to USD 16.5 million to benefit Imon International, a microfinance institution (MFI) based in Tajikistan. Continue reading
Event Name: ESG, SRI & Impact Investing Summit
Event Date: March 30-31, 2015
Event Location: The Princeton Club of New York, 15 West 43rd Street., New York, New York, United States Continue reading
Germany-based Deutsche Bank’s Global Social Finance Group, which specializes in socially responsible investing, recently announced the closing of a five-year, USD 50 million Essential Capital Consortium (ECC) social enterprise fund. Continue reading
The Central Bank of Kenya (CBK) recently granted a license to Daraja Microfinance Bank Limited (Daraja MFB) to begin deposit-taking operations, making Daraja the tenth microfinance bank in Kenya . Continue reading
The Board of Executive Directors of the World Bank Group has approved USD 60 million in new financing to be disbursed by the International Development Association (IDA), a lending arm of the World Bank, to support its ongoing Housing Finance Project (HFP) in Tanzania, which seeks to support affordable housing in the urbanizing country by providing “medium- and long-term liquidity to lenders.” Continue reading
The European Fund for Southeast Europe (EFSE), a Luxembourg-based microfinance investment vehicle (MIV), recently issued a USD 20 million senior loan to AccessBank, an organization founded in 2002 to provide credit and other financial services to smaller businesses and low-income families in Azerbaijan. Continue reading
Event Name: The Sixth Caribbean Microfinance Forum: Solutions for Inclusive Growth
Event Date: July 6-9, 2015
Event Location: Doubletree by Hilton Hotel, Miami Airport & Convention Centre; Miami, Florida, United States of America
Cost: The fee to attend the forum is USD 600. A reduced rate of USD 475 is available for attendees who register by April 1, 2015, and a discounted rate of USD 200 is available for one-day registration.
The International Finance Corporation (IFC), a member of the World Bank Group, is investing NGN 400 million (USD 2.5 million) in La Fayette Microfinance Bank, one of eight members of the Advans Network of microfinance institutions, which is based in Luxembourg and managed by Horus Development Finance of France. Continue reading
Mambu, a Germany-based provider of off-site management information systems to microfinance institutions (MFIs), recently engaged the NCC Group, a US-based provider of security services relating to technology and intellectual property, to provide redundancy to Mambu customers in case of a failure of its software-as-a-service “cloud” systems. Continue reading
Event Name: Mobile Money & Digital Payments Americas
This event will be held at the same time and venue as the Prepaid Americas and Transport Ticketing Americas events.
Event Date: March 24-25, 2015
Event Location: Marquis Reforma Hotel; Mexico City, Mexico
Fondazione Giordano Dell’Amore, an Italian foundation that supports microfinance, has announced that it is accepting applications for its 2015 Giordano Dell’Amore Microfinance Best Practices International Award, which aims to increase the understanding of microfinance and promote the sharing of good practices among industry players. Continue reading