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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.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- 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.
- Categories
- Uncategorized
- Region
- South Asia
- Tags
- microfinance
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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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- Uncategorized
- Region
- South Asia
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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.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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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.
- Categories
- Uncategorized
- Region
- Latin America
- Tags
- 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
- Tags
- microfinance
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Indian MFIs demand more incentives for working as business correspondents
According to survey by microfinance institution network (MFIN), published in February this year, nine out of 14 MFIs closed their operation as BCs in the recent past.
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- Uncategorized
- Region
- South Asia
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Micro-insurance products in India may see sea-change
Better remuneration to distributors and policies with bigger ticket size may boost sale
- Categories
- Uncategorized
- Region
- South Asia
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