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Indian Microfinance Body Seeks RBI Nod for Self-regulatory Status
Last year, the RBI had released guidelines on self-regulation by MFIs in accordance with the recommendations of the Malegam panel set up by the apex bank earlier to look into regulatory aspects of micro-lending following the Andhra Pradesh microfinance crisis of 2010.
- Categories
- Uncategorized
- Region
- South Asia
- Tags
- governance, microfinance
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Accion Microfinance Bank Share capital Reaches N1.205bn in Nigeria
The micro finance bank’s robust financial base reflects on over N21.7billion disbursed in loans to more than 110,000 customers since inception.
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- Uncategorized
- Region
- Sub-Saharan Africa
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Why Insurers are Partnering with Telcos to Bring Microinsurance to the BoP: CGAP report explores the status of this young industry
Recent growth in microinsurance has come mostly in Africa and mainly in low-income countries, according to a recent report from CGAP. These products are small-scale insurance policies reliant on mobile phones for some combination of sign-up, payment and administration. Providers have been experimenting to learn what works and why.
- Categories
- Technology
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Addressing financial exclusion in Pakistan
The State Bank of Pakistan (SBP) has adopted a multi-pronged and long-term strategy to address financial exclusion through structured policy and regulatory actions besides market-development interventions.
- Categories
- Uncategorized
- Tags
- governance, microfinance
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PRESS RELEASE: Accion Supports Sale of Mibanco to Financiera Edyficar
Accion, a leader in microfinance and financial inclusion, today announced its support for the sale of Mibanco to Financiera Edyficar, which is owned by Grupo Credicorp, following the regulatory approval of the sale obtained this week.
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- Uncategorized
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Women entrepreneurs struggle for funding in India
A majority of women entrepreneurs in India cannot access institutional finance for many reasons, including the fact that fewer of them have title rights on property that can be used as collateral.
- Categories
- Uncategorized
- Region
- South Asia
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India Has Millions of Female Entrepreneurs and They Need Easier Access to Money
While there may not be many women occupying the executive offices of India, the country is home to literally millions of female entrepreneurs, in charge of their own tiny businesses, according to estimates by the International Finance Corp.
- Categories
- Uncategorized
- Region
- South Asia
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FinScope reveals significant increase in financial services inclusion in South Africa
FinMark Trust annual FinScope South Africa 2013 survey results reveals a significant increase in financial inclusion compared to last year from 28.9 million people in 2012, to 30.7 million in 2013.
- Categories
- Uncategorized
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