Once upon a time, microloans were primarily for entrepreneurs who lived in economically disadvantaged communities or were considered part of underserved.
While SKS Microfinance, India’s first MFI firm to hit the public markets, delivered a bumper harvest to its investors (Sequoia Capital made a part-exit), the real winners could be its employees who have seen some real money by encashing …
Idriss Ahmed Idriss the newly elected secretary general of the Committee of Banking Supervisors of West and Central Africa says, the committed decided to strengthen the banks and microfinance institutions in Central Africa by raising …
As someone from a social science background, my bias has always been to consider economic inclusionmicrofinance in particularas one aspect of a broader goal, that of social inclusion by virtue of an increased standard of living. …
Microfinance Focus, Aug 27, 2010: World Bank’s financial arm, International Finance Corporation (IFC) has launched the Pacific Microfinance Initiative to.
Barclays, a London-based international financial services provider, recently announced through Vinit Chandra, CEO of Barclays Africa, that the bank will invest.
Microfinance Focus, August 26, 2010: MicroSave, one of the leading International consulting, capacity building and research organizations has agreed to join.
Microfinance aims to alleviate poverty -and should do so, it is widely believed today, in a sustainable fashion. To achieve this, microfinance institutions collaborate with a number of other stakeholders in the industry, …
A World Bank offshoot, the International Finance Corporation (IFCA) has launched a new Pacific microfinance program. A $12.3 million project will try to provide funding to microfinance organisations in Papua New Guinea, East Timor and …
Spandana Microfinance, the second largest microfinance firm in India, has announced plans to raise $320 million dollars through an IPO. The company aims to use the proceeds to build 10 hospitals. Spandana has 4.2 million borrowers, …
