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Norms on small banks fail to impress micro lenders
The Reserve Bank of India's (RBI) draft guidelines for licensing of small banks has failed to impress microfinance companies.
- Categories
- Uncategorized
- Region
- South Asia
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Kiva.org and Grameen-Jameel launch initiative to stimulate individual lending for microfinance
Kiva and Grameen-Jameel Microfinance Ltd. have partnered to launch “Change is in Your Hands” campaign.
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- Uncategorized
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Rwanda: Why Farmers Are Loyal to Micro-Finance Institutions
Rwandans have hailed the role of micro-finance institutions just as Kigali is hosting a global financial inclusion summit starting today.
- Categories
- Agriculture
- Region
- Sub-Saharan Africa
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IBM signes deal worth Rs 550 crore with microfinance firm Janalakshmi Financial Services
NEW DELHI: International Business Machines (IBM) has signed a deal worth Rs 550 crore with microfinance firmJanalakshmi Financial Services, according to people familiar with the discussions. IBM's consulting division, along with its Institute of Business Value, is leading the engagement, a person familiar with the transaction said.
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- Uncategorized
- Region
- South Asia
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Zimbabwe’s high interest rates, multiple borrowings and growing debts
Zimbabwe's microfinance institutions (MFIs) doled out $170 million worth of loans to clients in the first quarter of the year with the bulk of the funds going towards domestic consumption.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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From Vision to Reality: RBI ruling brings India one step closer to true financial inclusion
In a recent landmark ruling, the Reserve Bank of India has allowed non-banking financial companies to provide basic services such as bank accounts and transaction services. This paves the way for microfinance institutions to jump into the fray, and could drive true financial inclusion in a country where 720 million people still do not have a bank account.
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- Uncategorized
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Pakistani businesswoman Sadaffe Abid makes it her mission to empower women
Sadaffe Abid is one of Pakistan’s most successful businesswomen. She was the chief executive of the Kashf Foundation, one of the largest microfinance institutions in Pakistan, growing it from a pilot project in two rooms, to serve 300,000 female clients with micro-loans. Ms Abid also co-founded the Buksh Foundation, a Pakistani start-up that enhances financial access to micro entrepreneurs. After 13 years in micro-financing, Ms Abid now splits her time between Dubai and Pakistan, conducting leadership training focused on developing high-potential female professionals and entrepreneurs and emerging talent.
- Categories
- Impact Assessment
- Region
- North Africa & Near East
- Tags
- microfinance
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New private equity fund targets microfinance institutions for women
It’s been a while in the making, but this week Women’s World Banking finally closed its first private equity fund to invest in microfinance enterprises that support women.
- Categories
- Impact Assessment
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