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Funding the unfunded: India helps small business borrow to grow
A new bank announced in the annual budget last week could boost loans and cut borrowing costs for the country's cash-starved small businesses - tailors, mechanics and phone booth operators who account for around a fifth of the economy.
- Categories
- Uncategorized
- Region
- South Asia
- Tags
- microfinance
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This Firm Keeps Capital Flowing to Micro-Entrepreneurs
The global financial crisis didn’t dent the demand for loans from small businesses and micro-entrepreneurs around the world. But it sure whacked the supply of capital available to lend to them.
- Categories
- Uncategorized
- Tags
- microfinance
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PRESS RELEASE: Free Loan-Repayment Processing Helps Grameen America Increase Macro Impact on Women
Through PayNearMe, Grameen America Borrowers Gain Convenient Option to Repay Loans at 7,800 7-Eleven Stores Nationwide, as Grameen Expands Solution to California and New York.
- Categories
- Uncategorized
- Tags
- lending, microfinance
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Striving for Consistency: A new guide aims to standardize impact assessments of the growing microinsurance market
Estimates suggest there are close to 270 million microinsurance clients in the developing world, with a potential market estimated at 3 to 4 billion policies. But while assessing the social impact of this growing sector is vital to improving product design, there is a dearth of consistency amongst the impact assessments being conducted. Microinsurance Network created “A Practical Guide to Impact Assessments” to address this challenge.
- Categories
- Education, Health Care, Impact Assessment
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Microcredit oversold as anti-poverty tool, economists say
Microcredit is no panacea for lifting millions of people from poverty, leading economists said on Friday in releasing research from seven countries that challenges a key development tool.
- Categories
- Education, Impact Assessment
- Tags
- microfinance, research
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Bitcoin Takes a Step Into the Microfinance World
Stellar, the cryptocurrency-based payments system launched last year by Jed McCaleb, announced a partnership with banking-software company Oradian to use Stellar platform in its core banking software for microfinance institutions.
- Categories
- Uncategorized
- Tags
- microfinance
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PRESS RELEASE: Deutsche Bank Marks Milestone for USD $83 Million Microfinance Fund
The Fund reached 5.5 million low-income and rural borrowers in 15 countries
- Categories
- Uncategorized
- Tags
- lending, microfinance
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MasterCard, Grooming Centre Boost Financial Inclusion for MSMEs in Nigeria
Over 500,000 female entrepreneurs in Nigeria are to be introduced to electronic payments under a new partnership agreed between MasterCard and local microfinance institution Grooming Centre.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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