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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.
- Categories
- Uncategorized
- Region
- Asia Pacific
- Tags
- 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.
- Categories
- Uncategorized
- Tags
- 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.
- Categories
- Uncategorized
- Region
- South Asia
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Small loans a big help for typhoon survivors in the Philippines
The typhoon affected more than 13 million people, including 5 million children, according to the U.N. Office for the Coordination of Humanitarian Affairs. Even before the storm, nearly 44% of Filipinos lived on less than $2 day and there are now fewer resources than ever to help those in need.
- Categories
- Uncategorized
- Region
- Asia Pacific
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Enterprise Resource Planning: Use Small Business Loans for Enterprise Software
Discover how enterprise resource planning, or ERP, can help you grow your small business. ERP software helps you integrate your company’s small business software for a quicker, more flexible business process. Use small business loans or lines of credit to cover ERP expenses.
- Categories
- Uncategorized
- Tags
- microfinance
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The Dark Side of Financial Inclusion: Financial services companies in South Africa are monetizing financial illiteracy
The recently released findings of the 2013 FinScope survey highlight a significant increase in adoption of formal financial products in South Africa. On the face of it, this is good news - access to these products can help people live more financially secure and sustainable lives. But a closer look at the data reveals a more disturbing picture.
- Categories
- Education
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The Double Bottom Line of Microfinance Must Become a Triplet: Why MFI performance measurement needs a gender lens
According to the Microfinance Information Exchange, 74 percent of MFIs claim to target women, and just over half declare women’s empowerment or gender equality as an objective. Yet gender has not been recognized as one of the pillars of MFI performance. Women’s World Banking makes the case that all MFI performance measurement must have a gender lens.
- Categories
- Education, Impact Assessment
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