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Press release: Bamboo Capital Partners exits from Mibanco, Latin America’s largest microfinance provider
Bamboo’s investment in Mibanco via its Financial Inclusion Fund I (FIF I) is Bamboo’s most significant investment to date. Following the investment, which made Bamboo the largest minority shareholder, the firm held a seat at Mibanco’s board where it provided strategic input and guidance throughout the investment period.
- Source
- Press release
- Categories
- Investing
- Region
- Latin America
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Bringing Technology to Microfinance in the Age of Data Scandals: European Microfinance Award Seeks Solutions
Fintech advances are often heralded for bringing financially excluded people into the mainstream. But Facebook CEO Mark Zuckerberg’s recent appearance before Congress is a stark reminder of the need for protection from – along with access to – technology. This year's European Microfinance Award is seeking organizations whose tech-enabled financial solutions place client protection at the forefront.
- Categories
- Entrepreneurship, Inclusive Fintech, Technology
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Bandhan-Konnagar expected to get Rs900 crore from World Bank, 3 states
The World Bank, governments of Rajasthan, Bihar and Jharkhand to fund Bandhan-Konnagar’s programme for poverty alleviation to benefit at least 300,000 families.
- Region
- South Asia
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Viewpoint: Exporting the (Micro) Revolution
Muhammad Yunus, the father of microcredit, thinks he knows how to fix capitalism, end poverty, and even get rid of carbon emissions. Here's what he’s missing.
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Viewpoint: What the gig economy can learn from the mistakes of microfinance
When the global financial crisis of 2008 struck, MFIs were largely unscathed, because their success was not tied to synthetic derivatives in London or Hong Kong, but rather hard-working, entrepreneurial individuals striving daily to build good businesses and provide for their families.
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The ‘Start Small, Stay Small’ Dilemma: How Nonprofit/Private Partnerships Can Boost Women-Owned Businesses
Women-owned businesses tend to start small and stay small, in part due to challenges accessing credit. They're also more likely to be discouraged from applying for financing for fear of being declined. Gina Harman, CEO of Accion's U.S. Network, and Andrea Jung, CEO of Grameen America, explain how their organizations are serving these entrepreneurs – and highlight some important ways this work can be expanded.
- Categories
- Entrepreneurship
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Press release: Building the Business Case for Housing Microfinance in Sub-Saharan Africa
A new study from Habitat for Humanity (www.Habitat.org) says that housing microfinance can and should become a mainstream offering for financial institutions in Sub-Saharan Africa as they respond to growing housing needs in the region, particularly from poor people.
- Source
- Press release
- Region
- Sub-Saharan Africa
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IFC and VCs Want To Take Emerging Market Microfinance To Mobile
The developing world needs more fintech companies to extend financial inclusion to consumers and small businesses who aren't being served by existing banks. That's the thinking behind several venture capital firms which are working with the International Finance Corporation (IFC).
- Categories
- Inclusive Fintech, Investing
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