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In Nigeria, Accion disburses N22 billion in loans
Accion Microfinance Bank Limited has announced that the total amount of loans disbursed to customers since 2007 when it commenced operations currently stood at N21.7 billion.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- microfinance
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Microlender Kiva gets $3M grant from Google; Aims to tackle microfinance 2.0
Late last week Google’s philanthropic arm announced it had chosen to give online microlender Kiva a Global Impact Award, which comes with a grant of $3 million.
- Categories
- Uncategorized
- Tags
- crowdfunding, microfinance
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Can microenterprises grow through finance?
For some time, microfinance has been a hot topic within the development community. Many researchers and practitioners see it as a way for people to smooth their consumption over time and thus avoid the effects of bad periods.
- Categories
- Uncategorized
- Tags
- microfinance
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Bangladesh’s top MFIs widen areas of operation in the social sector
Top microfinance institutions (MFIs), besides their prime focus on microcredit, have widened their areas of services in various social sectors like education, health, agriculture and disaster management
- Categories
- Impact Assessment
- Region
- South Asia
- Tags
- microfinance
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LeapFrog Investments divests Ghanaian insurance firm Express Life to Prudential
Specialist investor LeapFrog Investments has divested the majority stake it holds in Express Life to Prudential Plc. Express Life is an insurance firm based in Ghana founded by Obed Danquah.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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In a first, MFI customers to be given credit scores
For the first time in India, a credit bureau is offering scores to help understand the credit profile of microfinance customers.
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- Uncategorized
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Big banks see rich opportunities in world’s poorest
When the Afghan government used mobile phones instead of cash to pay some of its policemen, the officers thought they'd just had a 30 percent pay rise. In truth, they had just been paid the full amount, with nothing skimmed off by middlemen, for the first time.
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- Uncategorized
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Accion International urges India’s Reserve Bank to allow financial access to the physically disadvantaged
"People with disabilities should get financial access, organisation should not be discriminated against. The issues has to do with physical conditions and discrimination of specific conditions." - Accion International Managing Director
- Categories
- Uncategorized
- Region
- South Asia
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