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Symbiotics’ impact bond issuance platform lends 10 million dollars to AccessBank in Azerbaijan
Azerbaijan’s leading microfinance bank, AccessBank, received 10 million dollars through MSME Bonds, Symbiotics’ impact bond issuance platform, on November 20, 2012.
- Categories
- Uncategorized
- Region
- North Africa & Near East
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Accion’s Frontier Investments Group and Saama Capital Invest $4 Million in Mortgage Company
Early-Stage Equity to Help Expand Shubham Housing's Mission to Serve Urban Poor
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- Uncategorized
- Region
- South Asia
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M-Shwari platform set to shake up small loans market
Safaricom subscribers can now operate mobile-based savings accounts, earn interest on their deposits and borrow small loans in a move set to raise competition against banks, saccos and shylocks.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- microfinance
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‘We are now treading cautiously on lending’
Dena Bank Chairperson and Managing Director Nupur Mitra, who is due to retire on December 31 this year, feels that customers at the bottom of the pyramid offer lot of opportunities for banks to expand business.
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- Uncategorized
- Region
- South Asia
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My new book will talk about SKS experience: Vikram Akula
A candid account of what went wrong at SKS Microfinance Ltd during 2009-11 is in the offing. Founder and former chairman of SKS Microfinance, Vikram Akula, tells Santosh Tiwari in an interview he was working on his new book, which will focus on his SKS experience and lessons learnt.
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- Uncategorized
- Region
- South Asia
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Lessons in Growth From Vindhya’s En-ABLED Staff : 90% of the BPO company’s workers are physically disabled
In March 2011, Accion’s Frontier Investments Group and Michael & Susan Dell Foundation invested in Vindhya, which services a customer base of mainly IT and microfinance companies with data management and processing solutions from its state-of-the-art center in Bangalore. Vindhya’s first client was Wipro, one of India’s largest companies, and it’s still a mainstay. What makes Vindhya different, is its differently abled work force.
- Categories
- Impact Assessment, Social Enterprise
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Accion Microfinance Bank Named Nigeria’s Best Microfinance Bank of the Year
The Lagos State Enterprise (LEAD) Awards has selected Accion Microfinance Bank Limited (MfB) as Nigeria’s “Best Microfinance Bank of the Year” for the second consecutive year. The selection, by an industry research group for the LEAD awards, was based on Accion MfB’s ‘excellent performance and deep understanding of microlending in the microfinance sector.’
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- microfinance
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Habitat for Humanity and the Citi Foundation Unveil Housing Microfinance Toolkit
Habitat for Humanity and the Citi Foundation announced the publication of a new toolkit designed to provide technical training and tools to encourage microfinance institutions to include or enhance housing microfinance products in their portfolios. The Housing Microfinance: Product Development Toolkit is intended to influence the $60 billion global microfinance sector, resulting in small, affordable loans that low-income families can use to improve their housing incrementally.
- Categories
- Finance
- Tags
- housing, microfinance