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Why Financial Institutions Should Close the Gender Data Gap : In 2011, Women’s World Banking launched the Gender Performance Initiative to address this gap
How can we leverage the data revolution, to improve financial services for the poor, and ultimately the lives of the women (and men) who receive them, if we don’t have the capability to collect “good” data? In 2011, WWB launched our Gender Performance Initiative to develop gender-based indicators for measuring how well we are serving women.
- Categories
- Impact Assessment
- Tags
- microfinance
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From Pavement Begging to Stable Housing, Stable Incomes : The Equitas Bird’s Nest program is moving pavement dwellers in Chennai toward secure housing
Earlier this month, I had the opportunity to interview John about Equitas’s ultra poor pilot in Chennai. In this interview, he talks about the challenges his team faced while working with the pavement dwellers, the importance of sustainability and the road ahead for Equitas Bird’s Nest program.
- Categories
- Finance
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12,000 Nicaraguan Families to Benefit From Improved Housing Conditions
The Inter-American Development Bank (IDB) approved a loan of up to $5 million to Nicaragua’s Foundation for the Promotion of Local Development (Prodel), paving the way for the non-profit organization serving the base of the pyramid to expand financing for basic community infrastructure and incremental home improvement projects.
- Categories
- Finance
- Tags
- housing, microfinance
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Rwanda: Microfinance Firm Boosts Agro-Mechanisation
A local microfinance institution, Duterimbere IMF Ltd, has launched new products that target the promotion of agricultural mechanisation among small scale farmers.
- Categories
- Agriculture
- Region
- Sub-Saharan Africa
- Tags
- microfinance
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Allahabad MFI Sonata Finance raises $6.35M from Creation Investments, others
Chicago-based Creation Investments made its first investment in India in 2010 by picking up stake in Eko India Financial Services.
- Categories
- Uncategorized
- Region
- South Asia
- Tags
- microfinance
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Citi Foundation Grants $180k to Parinaam Foundation of India
Citi Foundation, the charitable arm of the US-based financial provider Citigroup, reportedly has given a grant of INR 10 million (USD 180,000) to Parinaam Foundation, an Indian nonprofit organization, to deliver Parinaam’s Diksha Financial Literacy Program to approximately 31,000 microfinance clients.
- Categories
- Uncategorized
- Region
- South Asia
- Tags
- microfinance
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In Andhra Pradesh, moneylenders rush to fill vacuum created by MFIs
The Andhra Pradesh crackdown on microfinance companies has driven an increasing number of poor borrowers in the State back into the arms of local moneylenders, a recent survey shows.
- Categories
- Uncategorized
- Region
- South Asia
- Tags
- microfinance
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How Microfinance Institutions Can Manage Default Risk AND Build Financial Inclusion
High client growth and low default rates are typical benchmarks for gauging the success of MFIs. But the two measures can be counterproductive for MFIs looking to achieve real social impact through financial inclusion. Achieving low default rates and higher client growth rates together is only possible when the client’s cash flows are more than adequate to cover the average loan size.
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- Uncategorized