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Microfinance Strikes Deep Roots in West Bengal
The Indian microfinance sector has found a new Andhra Pradesh in West Bengal. The sector, which has not been able to see any business in the state of Telangana and AP, has seen brisk business in this eastern state, piping other southern states as well.
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- Uncategorized
- Region
- South Asia
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Twitter Top Ten – 2/15/15
We’ve got plenty of tweets in this "Valentine’s Day Weekend" edition of our Twitter Top Ten. And we’ve even thrown in a holiday-themed tweet just for the occasion - a great example of behavioral science humor (yes, there is such a thing). Beyond that, we’ve got tweets covering everything from the ongoing debate over microcredit to the (hopeful) winding down of an epidemic in this week’s list.
- Categories
- Health Care
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Bangladesh’s Political Turmoil Taking Its Toll on Small, Medium Businesses
The ongoing political turmoil continues to take its toll on the small and medium businesses who have borrowed money from micro finance institutions (MFIs) as the big MFIs have tightened their vigilance fearing the future impact on loan recovery.
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- Uncategorized
- Region
- South Asia
- Tags
- lending, microfinance
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For MFIs in India, Transition to Small Banks Could Be Arduous
The Reserve Bank of India’s decision to create small finance banks could be a game-changer for microfinance institutions (MFIs) in the country.
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- Uncategorized
- Region
- South Asia
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World Bank Boosts Financial Inclusion in Cameroon
The International Finance Corporation (IFC), a member of the World Bank Group, has recently announced an advisory services agreement with Mircrofinance Institute Advans Cameroun geared at expediting the rate of financial inclusion in Cameroon by expanding the range and reach of services available to underserved urban and rural populations.
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- Uncategorized
- Region
- Sub-Saharan Africa
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NexThought Monday – Why Exiting Our MFI was the Best Way to Ramp Up Impact
In 2009 Sammie Rayner co-founded a microfinance nonprofit called Lumana, which was designed to provide loans and financial services in rural Ghana. Four years later Lumana’s MFI operations were spun off in a deal with a Ghanian NGO. In discussing their decision to exit, she cautions nonprofits against getting too attached to the ongoing survival of their mission.
- Categories
- Agriculture
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Why More Nigerian Microfinance Banks May Collapse
The Managing Director of Asha Microfinance Bank, in Nigeria’s western city of Lagos, Mr Aminul Bhuiya, on Thursday raised fears about the possible collapse of more microfinance banks in the country saying this was due to high cost of operation.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- microfinance
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Viewpoint: Entrepreneurial Dream mEntrepreneurial Dream Made Easy in Pakistan
When 40-year-old Salma Bai wanted to set up her own tea shop in Faisalabad, her main worry was obtaining the capital that was required to start an entrepreneurial venture.
- Categories
- Uncategorized
- Region
- South Asia
- Tags
- microfinance