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Press release: MicroVest Capital Management Announces the Closing of a $20mm Credit Facility with MetLife Investment Management
The credit line enables MicroVest to better manage liquidity of the fund to deploy more capital, more quickly, to the places that need it the most. Per MicroVest’s stated mission, these are often microfinance institutions in emerging and frontier markets that have few other means of accessing capital to promote financial inclusion within their markets.
- Categories
- Finance
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Report: Habitat for Humanity finds Housing Microfinance helps improve living conditions in Kenya
As part of the project, housing microfinance loans were offered not only to informal workers with unsteady incomes, but also to low-income salaried workers making between US$5-10 per day.
- Categories
- Finance, Impact Assessment
- Region
- Sub-Saharan Africa
- Tags
- housing, microfinance
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Nigeria’s central bank asks all microfinance institutions to recapitalise by 2020
The Central Bank of Nigeria(CBN) increases the minimum capital base of National Microfinance Banks to N5 billion from N2 million.
- Categories
- Finance
- Region
- Sub-Saharan Africa
- Tags
- microfinance
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Press release: New Report Shows Creating Financial Access for Immigrants & Underserved Entrepreneurs Increases Credit Scores and Leads to Job Creation
Opportunity Fund research shows microlending to immigrant and underserved entrepreneurs in California creates a path into the mainstream economy for borrowers and leads to job creation and economic activity in communities.
- Source
- Press release
- Categories
- Finance
- Region
- North America
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USAID and Musoni Microfinance sign $8 million loan guarantee agreement to boost Kenya’s agricultural sector
Small scale farmers, individuals, associations, cooperatives and micro, small and medium enterprises (SMEs) in Kenya will be the key beneficiaries of this guarantee.
- Categories
- Agriculture, Investing
- Region
- Sub-Saharan Africa
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Viewpoint: Designing financial products for women
Current financial service models conflate women with ‘family’, considering them merely an avenue to pursue social welfare.
- Categories
- Finance
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Creating a Culture of Innovation By Letting Employees Lead the Way
For nearly 30 years, Pro Mujer has been a regional leader in Latin America – not only in microfinance, but in women’s empowerment. But facing an evolving landscape with emerging technologies and new market participants, the organization realized that it needed to develop a more innovative approach. As it considered how to establish a culture of innovation, Pro Mujer turned to a surprising (yet intuitive) resource: its employees. Cassandra Salcedo, Associate Director of Strategy and Innovation at Pro Mujer, shares five key lessons the organization learned from the process.
- Categories
- Finance, Technology
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Press release: OPIC Loan to Kiva Supports Almost 100,000 Microloans to Developing Country Borrowers
The Overseas Private Investment Corporation (OPIC) announced Thursday at the Social Capital Markets conference that its financing to Kiva Microfunds has supported 98,137 microloans to 207,227 small business borrowers, across 30 countries.
- Source
- Press release
- Categories
- Investing
- Region
- North America
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