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IndusInd Bank secures $200 million loan from Asian Development Bank for microlending in India
The 7-year senior loan will go towards IndusInd Bank's micro-finance activities, it said in a statement.
- Categories
- Uncategorized
- Region
- South Asia
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Rural Financial Inclusion: Small Finance Banks Could Pick up Where Public Sector Banks Left Off in India
While the demonetization tsunami sorely hurt the microfinance industry, Bandhan Bank offers a good template for what MFIs can do after acquiring banking licenses.
- Categories
- Uncategorized
- Region
- South Asia
- Tags
- banking, demonitization, India, lending, MFI, microfinance
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Report: MFI investors have to wait a while to reap benefits of digitization in India
Investors generally tend to measure the success of their investment based on the growth of portfolio, profitability of the MFIs and consequently their return on investments.
- Categories
- Impact Assessment, Investing
- Region
- South Asia
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Microfinance Companies in India Seek Life Support
With demonetization being the black swan event for the microfinance industry, players are hard-pressed as they reel under cash-flow issues.
- Categories
- Uncategorized
- Region
- South Asia
- Tags
- debt, demonitization, India, MFI, microfinance, microloans
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d.light partners with microfinance institution Musoni for off-grid solar in Kenya
D.light’s managing director for Africa, Jacob Okoth, said that the partnership made perfect sense for the two companies, as they target the same customer segment. Musoni works to expand financial outreach in rural areas and d.light’s mission is to continue to work towards rural electrification.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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