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Grameen Crédit Agricole Microfinance Loans $1.2m to Kenyan Juhudi Kilimo, Uganda Microcredit Foundation (UMF), Uganda’s Encot
The Grameen Crédit Agricole Microfinance Foundation (GCAMF), a Luxembourg-based provider of financial services to microfinance institutions (MFIs) and other social businesses, recently informed MicroCapital that it has issued the following three loans: (1) EUR 482,000 (USD 555,000) over a two-year period to to Juhudi Kilimo, a for-profit provider of microloans and microinsurance in Kenya; (2) EUR 293,000 (USD 339,000) over a three-year period to Uganda Microcredit Foundation (UMF), a microfinance institution offering financial services to “economically active” Ugandans; and (3) EUR 257,000 (USD 297,000) over a three-year period to Encont, a provider of microloans to rural enterprises in Uganda [1].
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- Sub-Saharan Africa
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- lending, microfinance
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Why 2015 Will Be Important for Financial Inclusion in India
The year 2015 could be a watershed year for India in its quest to provide access to a wide range of financial services to all its citizens.
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- Region
- South Asia
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Vanderbilt Professor Named CEO of Social Enterprise Alliance
Social Enterprise Alliance, a national organization of purpose-driven businesses, named Vanderbilt University professor Jim Schorr as its new CEO.
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Twitter Top Ten 1-18-15: Some of our favorited Tweets of the past week
The Twitter universe is back in full swing after the holidays, and so is our crack Twitter search team here at NextBillion. We looked high and low for the top tweets of the week.
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Serving SMEs in a Tough Neighborhood: Part two of our Q&A with the CEO and Managing Director of the Middle East Investment Initiative
The Middle East Investment Initiative is a U.S.-based non-profit whose mission is to develop innovative finance tools for SMEs in the Middle East and North Africa, including the Palestinian Territories. Its CEO and Managing Director discuss the challenges it faces - from attitudes toward women to political instability - working in this volatile region.
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Accion Microfinance Bank Attains National MFB Status in Nigeria, Gives Out N32bn Loans
Accion Microfinance Bank Limited has upgraded to the category of a national microfinance bank (MFB). By this development, the bank said, it has surpassed the Central Bank of Nigeria (CBN) requirements for a national MFB.
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- Uncategorized
- Region
- Sub-Saharan Africa
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bKash CEO Discusses the Scope, Growth and Future Prospects of Mobile Banking in Bangladesh
In a recent interview with Dhaka Tribune, Kamal Quadir, CEO of bKash, discusses the scope, growth and future prospects of mobile banking in our country.
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- Region
- South Asia
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Interview: Why India Is At the Hawk Eyes of All Investors, Explains Eric Savage
Eric Savage is a Duke and Harvard-educated American investment banker who chose to leave a high-flying career with Citigroup in Hong Kong to come to Bengaluru in 2008. Here he launched Unitus Capital, a firm that specializes in helping social enterprises to raise funds. Social enterprises apply market approaches to address societal challenges.
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- Uncategorized
- Region
- South Asia
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