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FEATURED EVENT: The 17th Microcredit Summit, September 3-5 in Mérida, Mexico
For 17 years, the Microcredit Summits have been exploring the use of microfinance as a means to end extreme poverty. This year’s Summit, which has the theme "Generation Next: Innovations in Microfinance," will take place in Mérida, Mexico this September 3rd to 5th. NextBillion Financial Innovation will be a media partner at the event.
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- Impact Assessment
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Indian MFIs lap up Narendra Modi’s financial inclusion drive, plan major expansion
MUMBAI: Enthused by the Centre's plan to open 7.5 crore bank accounts over the next few years, MFIs and other such financial institutions that are working in rural areas have charted out massive expansion plans.
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- Uncategorized
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- South Asia
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- microfinance
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Stop charging high interest rates, Bank of Ghana tells MFIs
Microfinance companies have been urged not to charge high, unsustainable interest rates by the Head of Other Financial Institutions Supervision Department of the Bank of Ghana (BoG), Mr Raymond Amanfu.
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- Uncategorized
- Region
- Sub-Saharan Africa
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- microfinance
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Beyond microcredit in Nepal
For Nepal's microfinance sector, the time has come to look beyond microcredit and find ways and means to turn individual entrepreneurs into small, medium and maybe big entrepreneurs over time.
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- Uncategorized
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- South Asia
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- microfinance
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OPINION: Microloans for consumption spell ruin
AFRICAN Bank may have been the first to fall, but this is just one part of a tragic story that concerns all microlenders who provide cash loans to fund consumption, which affects SA much more broadly and deeply than the collapse of a single business.
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- Uncategorized
- Region
- Sub-Saharan Africa
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Largest transaction in Indian microfinance since 2010
Janalakshmi, a microfinance institution headquartered in Bangalore, announced that it had closed its Series D primary equity raise of INR 3.25 billion.
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- South Asia
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Genius in Microfinance – Reflections on Pancho Otero
In a recent retrospective, Rich Rosenberg called Pancho Otero, the founding leader of Bolivia's Prodem and BancoSol, a genius. Elisabeth Rhyne tell the story of who Otero was and what he accomplished.
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- Uncategorized
- Region
- Latin America
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- microfinance
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Indian micro-lenders to open 30 million bank accounts by Aug 2015
Microfinance companies have committed to opening at least 30 million bank accounts within a year through tie-ups with banks as part of the government’s ambitious financial inclusion plan likely to be announced on Independence Day.
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- Uncategorized
- Region
- South Asia
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- microfinance