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Kyrgyzstan’s Leading Microfinance Institution, Bai Tushum, Becomes A Bank
BISHKEK, Kyrgyzstan, Oct. 5, 2012 — /PRNewswire-USNewswire/ -- On September 26 microfinance company Bai Tushum and Partners received preliminary permission from the National Bank of the Kyrgyz Republic to operate as a bank.
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- Uncategorized
- Region
- Europe & Eurasia
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Liberia: Lifting Liberia by Lifting Women -President Sirleaf Heightens Crusade on Women
President Ellen Johnson-Sirleaf, addressing a Goldman Sachs Foundation Cocktail and Dinner at the Mandarin Oriental Hotel, Sunday, says one of the surest ways to lift Liberia is to train and empower 70% of the nation’s population, which are women and the youth.
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- Uncategorized
- Region
- Sub-Saharan Africa
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The $450 Billion Opportunity: Catalyzing Smallholder Agricultural Finance
As population growth and rising incomes create unprecedented demand for food, multinational companies increasingly rely on smallholders to secure their supply of agricultural commodities. As a result, smallholders present a compelling opportunity for buyers, lenders, and other actors in the agricultural value chain. However, smallholder production is often characterized by low yields, low quality, poor linkages, and little access to finance. A Dalberg report released Wednesday called “Catalyzing Smallholder Agricultural Finance” suggests that with increased financing, farmers can improve their yields and products and in some cases double their income.
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- Agriculture
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Another Online Hub? Here’s Why We Tried Something Different : The Business Innovation Facility and IAP database is a one-stop-shop for social entrepreneurs
A new Database of Financial and Technical Support for Inclusive Business aims to reduce the time and challenge involved. Produced by the Business Innovation Facility (BIF) and Innovations Against Poverty (IAP), it’s a step towards a ‘one-stop shop’ for IB entrepreneurs.
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- Education, Social Enterprise, Technology
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New Dalberg Report Guides Investors on Addressing Finance Demand for Smallholder Farmers
WASHINGTON DC – Dalberg Global Development Advisors has released a new report today identifying innovative and sustainable ways that investors can help fulfill the largely unmet need for smallholder agricultural financing.
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- Agriculture
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U.S.-Pakistan Women’s Council Launched
(RTTNews) - US Secretary of State Hillary Clinton on Monday announced the launch of the U.S.-Pakistan Women's Council on the margins of the UN General Assembly, in the presence of Pakistan's Ambassador to the United States, Sherry Rehman. Recognizing the critical role economically empowered women play in strengthening stability, security, and prosperity, the Council's core mission is to promote the economic advancement of women in Pakistan.
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- Uncategorized
- Region
- South Asia
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LendmeMula introduces ZimSwitch enabled MulaConnect card
One of the issues with the LendmeMula micro-credit service that we have covered here before, is that so far borrowers have had to wait for up to 24 hours before they could access the borrowed money in their bank accounts. The money had to be transferred by Lendme to their bank accounts. This made the process somewhat slow, and where a borrower did not have a bank ATM card, they had to pray they could access their money before the banks closed their doors.
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- Technology
- Region
- Sub-Saharan Africa
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Financial Inclusion of Women: The Need for Systemic Approaches, Savings, and Tailored Financial Products
Financial institutions—in particular those in microfinance—need to reexamine the lessons of the past and begin prioritizing the creation of financial services that truly benefit poor women in order to address this divide, said Mary O’Keefe, founder of two leading Mexican microfinance institutions (FINCA and CAME) and ProDesarrollo, the association of microfinance and enterprise development.
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- Uncategorized
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