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Bangladesh denies plan to take over Grameen
Bangladesh denied on Tuesday that it plans to take control of pioneering microlender Grameen Bank which has lifted millions of people out of poverty.The statement by a government spokesman came ahead of the release of a report by a commission expected to recommend that the government increase its stake in the Nobel-Prize winning bank to 51 percent from 25 percent.
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- Uncategorized
- Region
- South Asia
- Tags
- microfinance
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Vikram Akula eyes a comeback to SKS Microfinance
Vikram Akula, the one-time poster boy of microfinance in India and founder-chairman of SKS Microfinance, is trying to make a comeback to the very company he founded in 1998 but had lost control two years ago.
- Categories
- Education
- Region
- South Asia
- Tags
- microfinance
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New legislation to regulate micro finance companies
Legislation to regulate and supervise microfinance institutions, including finance companies and banks accepting deposits from the public, will be introduced in Parliament.
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- Uncategorized
- Tags
- governance, microfinance
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Indonesia’s Microfinance Industry Faces Overwhelming Demand
A tattooed man briefly interrupted Wastiri as he ducked into her roadside stall, taking a seat alongside the slow-moving traffic that crawled down the narrow Tanjung Priok street. She flashed him a smile as he greeted her, beaming wide and toothless from her perch atop a worn wooden bench.
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- Uncategorized
- Region
- South Asia
- Tags
- microfinance
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Microfinance sector being gender biased?
Women represent 59 percent of the total microfinance borrowers in Pakistan, says a World Bank report titled "Are Pakistani women being served by the Microfinance Sector". This share is seemingly an impressive proportion for a male dominated society like Pakistan. Now take a step back and look beyond the numbers. Around 50-70 percent of the micro-loans drawn by women are passed on to male members of their family.
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- Uncategorized
- Region
- South Asia
- Tags
- microfinance
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The Good Nurses of Busia County
When Aditi and I arrived in Busia, dust-splayed and weather-beaten on the shared backseat of a boda boda, we did not look like your average tourists.
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- Health Care
- Region
- Sub-Saharan Africa
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- microfinance
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NextThought Monday – An Alternative to Alternative Energy: Will microfinance embrace biogas for the BoP?
Solar was once the wild west of alternative energy. Today, microfinance banks see it as a solid investment, even for poor clients, and bio-gas may follow its footsteps.
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- microfinance, solar
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Crowdsourced microlending platform Milaap raises $1.1M from Jungle Ventures, Skype co-founder & others
Singapore- and Bangalore-based online microlending platform Milaap Social Ventures has raised $1.1 million (around Rs 6.6 crore) from Singapore-based Jungle Ventures and others for development of the platform and scale up its operations with more marketing and engineering, according to a company statement.
- Categories
- Technology
- Region
- South Asia
- Tags
- microfinance
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