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Global microfinance market expected to grow
Global Microfinance market to grow at a CAGR of 16.61% percent over the period 2012-2016. One of the key factors contributing to this market growth is the increased focus on the untapped markets. The Global Microfinance market has also been witnessing the formation of credit bureau for microfinance institutions. However, the issue of sustainability with respect to outreach could pose a challenge to the growth of this market.
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- Uncategorized
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Insolvency among microfinance banks could hamper Nigeria’s financial inclusion strategy
The Central Bank of Nigeria’s (CBN) financial inclusion strategy targets a reduction of adult population financially excluded from 46 percent to 20 percent by the year 2020. This objective cannot be achieved completely without active involvement of microfinance banks (MFBs) operating in the country.
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- Uncategorized
- Region
- Sub-Saharan Africa
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Banking by Boat Spells New Client Growth for Indonesia’s Bank Rakyat
The absence of cash machines on many of Indonesia’s Spice Islands, where cloves and nutmeg once made sultans and European explorers wealthy, means banking is often done on boats that can carry automated teller machines.
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Poor service: Tiny loans are getting more expensive
INTEREST on the minuscule loans made by microfinance outfits has always been high, but over the past few years it has become even higher. A recent paper, using data on over 1,500 microfinance institutions (MFIs) from around the world, shows that for the smallest loans, typically less than $150, the average rate climbed steadily from 30% in 2004 to 35% in 2011.*
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- Uncategorized
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Microinsurance coverage rises in the Philippines
Over 19 million Filipinos are covered by microinsurance, more than six times the number recorded five years ago, the Department of Finance yesterday reported.
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- Uncategorized
- Region
- Asia Pacific
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- microfinance
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Microfinance, macro risk
MFX supports lending to entrepreneurs in low-income countries by offering currency swaps and forward contracts to international micro, small, and medium enterprise lenders to offset the risk they take when lending in the local currency of their borrowers.
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- Uncategorized
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- microfinance
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Online microfinance platform RangDe invites equity investments for social benefit
A not-for-profit company, infused with the commitment and passion of 'jholawala' NGOs and adorned by the rigour and trappings of a true-blue business entity, is inviting equity investments from donors-investors with the promise of returning their principal anytime they want after two years.
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- Impact Assessment
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Tiny Loans Are Big Business Once Again in India
Lending to India’s poor is a good business once again.
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- Uncategorized
- Region
- South Asia
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