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Can SKS Change Its Spots?
After being the bad boy of microfinance, SKS is now trying to pick itself up and transform into a more cost-effective, diversified organization.
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- Uncategorized
- Region
- South Asia
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Microplanet Technologies Names Daryl Skoog, Former Head of Opportunity International MIS, as Executive Director
MicroPlanet brings together a world-class team of technology professionals to support microfinance sector
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- Press Release
- Categories
- Education, Technology
- Tags
- microfinance
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Microfinance Giant Launches Venture Capital Fund For East Africa
Accion, an international microfinance and investment firm, has launched Venture Lab, a $10 million investment vehicle which will provide seed capital and management support to financial inclusion startups worldwide, with a particular focus on East Africa and India.
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- Investing, Technology
- Region
- North Africa & Near East
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Government’s Heavy-handed Regulation of Microfinance Will Kill It and Bring Back Moneylenders
Among many Bills stuck in the legislative process is the Micro Finance Institutions (Development and Regulation) Bill. This is a 2011 Bill. An earlier 2007 Bill was introduced in the Lok Sabha, but lapsed with the lower House's dissolution in 2009. Financial inclusion shouldn't mean only credit.
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- Uncategorized
- Region
- South Asia
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What It Will Take to ‘Graduate’ 1.2 Billion People Out of Extreme Poverty
Despite the worldwide recession of the late 2000s, the total number of people living in extreme poverty has actually gone down in recent years -- so much, in fact, that we've reached the first of the UN's eightMillennium Development Goals five years ahead of schedule, a startling achievement. The number living in "extreme poverty" decreased by 100 million between 2005 and 2008.
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- Impact Assessment
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Accion Launches Venture Lab, a Seed-Stage Investment Initiativefor Financial Inclusion Start-ups
Accion, a pioneer and leader in global microfinance, today announced the launch of Venture Lab, an initiative dedicated to providing seed capital and management support to financial inclusion start-ups worldwide.The $10 million program will seek out companies that have completed research and development and are at the pilot/first-revenue stage. Investments will typically be in the range of US $100,000-$300,000, invested either as convertible debt or equity.
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- Press Release
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- Uncategorized
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Is Microfinance an Engine of Development? Finca Says Yes
The jury is still out on whether microcredit makes a difference to the lives of the poor, but stories of its success are compelling
- Categories
- Agriculture
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Guest Post: How USAID is Putting Local Wealth to Work
In our 12-year history issuing credit guarantees, the Development Credit Authority (DCA) has worked directly with more than 200 local private financial institutions, reaching more than 100,000 credit-worthy, but underserved borrowers. In 2011 we established 37 guarantees that will mobilize an additional $200 million in commercial capital in 21 countries.
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- Uncategorized
- Tags
- microfinance, scale