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Ghana to limit microfinance licenses
Bank of Ghana (BoG) seeks to put a ceiling on the rising number of microfinance companies in the country.
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- Uncategorized
- Region
- Sub-Saharan Africa
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- governance, microfinance
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Crowdfunding, Smartphones and Bitcoin, Oh My…: Seven financial innovation questions that could shape 2014
2013 was a momentous – perhaps even an historic – year for financial innovation and inclusion, and it has left us primed for a fascinating 2014. Here are seven questions raised by some of 2013’s biggest developments that could resonate in the coming year and beyond.
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International funding for financial inclusion climbs to $29 billion in 2012 – survey
Global spending on financial inclusion increased by an estimated 12 percent in 2012, totaling $29 billion, according to a survey by a World Bank financial inclusion think tank.
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From Corner Store to Microfinance
With a master's degree in social work and a Ph.D. in marriage and family therapy, Antoinette Temporiti spent 30 years counseling individuals and families. She specialized in working with young adult victims of sexual abuse and loved her career. But a trip to Africa in 2004, when she was 54 years old, set her on a new path.
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Expanding Financial Access and Education
For several decades, the exciting promise of microfinance has been to provide the world’s poorest with access to financial services. But along the way, microfinance has too often become conflated with micro-credit. Now, however, many MFIs have reincorporated as banks with the ability to accept savings, and the full promise of microfinance is beginning to be realized.
- Categories
- Education
- Tags
- microfinance, savings
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P2P lending service Renrendai handed $130 million to get a head start in China’s microfinance sector
Renrendai reported it facilitated RMB 1 billion ($165.2 million) in loans as of August 2013, with a 276 percent year-on-year increase in the first half of last year.
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- Uncategorized
- Region
- Asia Pacific
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- microfinance
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Press Release: Deutsche Bank Reaches $100 Million Commitment Target for its Client-Centric Microfinance Fund
Deutsche Bank announced today it has reached the USD 100 million commitment target for Global Commercial Microfinance Consortium II ("Consortium II"), a first-ever fund to support the growth of microfinance institutions ("MFIs") that pursue a high level of client care, transparency of operations and pricing, and product innovation.
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- Uncategorized
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- microfinance
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Opinion : ‘FDI in micro finance will help Muslims’ in India
Studies show that hundreds of Women Self Help Groups and co-operative societies created at Muslim-populated areas were denied recognition as the members were only Muslims.
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- Uncategorized
- Region
- South Asia