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Press Release: VisionFund International Brings Financial Inclusion to Refugees in West Nile Settlements
VisionFund is the first microfinance organisation to serve refugee groups at scale with group loans in Palorinya settlement.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Matt Damon’s Impact Investing Fund Backs CreditAccess Grameen
Mumbai-listed CreditAccess provides group lending products as well as retail finance products. It also offers access to non-financial services such as customer awareness and education programmes and sanitation efforts.
- Categories
- Investing
- Region
- South Asia
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Press Release: MCE Social Capital Receives $3.7 Million Grant
Capital infusion will fund more loans to small and growing businesses in rural Africa and other emerging markets, and serve as a match to attract new guarantors.
- Categories
- Investing
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Opportunity Fund and the Accion U.S. Network Combine Efforts to Drive Small Business Access to Credit and Advisory Services in the U.S.
Opportunity Fund, the country’s leading nonprofit small business lender, and the Accion U.S. Network, the U.S. affiliate of global nonprofit Accion that has led a nationwide network of community lenders since 2011, will join efforts to form Accion Opportunity Fund, effective immediately.
- Categories
- Finance
- Region
- North America
- Tags
- microfinance, nonprofits
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Viewpoint: The Markets Are Collapsing: Will Microfinance Save Us Again?
Global markets have evolved, and the reality is that we are now more connected than ever. Should investors look to microfinance again as a safe haven? In order to answer that, we need to understand how microfinance and impact investing are connected and how they are different.
- Categories
- Coronavirus, Finance
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A Spotlight on Effective and Inclusive Savings
Saving for an unpredictable future is one of the few genuinely universal life tenets. But for much of the past 40 years, the microfinance sector has focused overwhelmingly on credit. As Sam Mendelson and Daniel Rozas at e-MFP explain, that's one reason the 2020 European Microfinance Award is focused on “Encouraging Effective & Inclusive Savings.” They discuss the benefits of savings in introducing the €100,000 award – which is open for applications until April 15.
- Categories
- Finance
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Press Release: Microfinance Provider Esperanza Selects EdApp to Help Educate in the Dominican Republic
Esperanza, in partnership with MoveUp, has announced the deployment of EdApp to transform the way their not-for-profit organisation workforce engages in business training and social support.
- Categories
- Education
- Region
- Latin America
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How Microfinance Can Impact Employment: Going Beyond Microloans to Microentrepreneurs
Though its focus has broadened in recent years, microfinance and employment have always gone hand-in-hand. In this video interview, Craig Churchill, head of the Social Finance Programme at the International Labour Organization, discusses how modern microfinance can better serve the low-income labor force – from supporting job-creating startups, to responding to poor labor practices among their clients.
- Categories
- Finance