-
Federal Bank looks to acquire Madura Microfinance
The acquisition will help Federal Bank venture into microfinance and grow its priority sector loans.
- Region
- South Asia
- Tags
- microfinance
-
India’s RBL Bank Completes Ownership of Microfinance Institution (MFI) Swadhaar Finserve with Equity Purchases from Accion, Individual Investors
For an undisclosed prices, RBL bought a 36-percent stake from US-based NGO Accion and a total of 4 percent from a group of unidentified individual investors.
- Region
- South Asia
- Tags
- microfinance, MSMEs
-
Press release: Opportunity Fund Launches Largest Small Business Impact Fund
Opportunity Fund, a leading Community Development Financial Institution, creates the
largest Small Business Impact Fund in the country that lends directly to underserved
entrepreneurs, helping the California-based organization expand its offerings across the
country.- Categories
- Uncategorized
- Region
- North America
-
Press release: Village Enterprise Promotes Campaign to End Poverty in Times Square
"Village Enterprise provides rural Africans living in extreme poverty with the tools and resources they need to start sustainable businesses and savings groups," said Village Enterprise CEO Dianne Calvi. "With the profits and savings from their businesses, entrepreneurs can send their children to school, feed their families more nutritious food, and break cycles of poverty that can span generations."
- Region
- Sub-Saharan Africa
-
Press release: VisionFund Cambodia Sold To Woori Bank of Korea
In line with VisionFund International’s strategy, it will redeploy the funds to other microfinance institutions across its network that are at earlier stages of development, in markets less wellserved by microfinance providers and where VisionFund, as an early entrant offering microfinance services can impact more vulnerable families, living in rural communities with limited ability to access financial services.
- Region
- Asia Pacific
-
Zimbabwe Launches Region’s First Women’s Bank
The bank is the first of its kind in the Sadc region and it will offer loans to women, youths and other small scale businesses.
- Region
- Sub-Saharan Africa
-
Belgium’s Incofin plans $80-million India Progress Fund
“India Progress Fund will be our first country focused fund,” Incofin’s partner and co-head for Asia investments, Aditya Bhandari told ET.
- Categories
- Investing
- Region
- South Asia
-
Vikram Akula’s inside story of SKS Microfinance will remain untold
‘Micro-Meltdown’, written by SKS Microfinance founder Vikram Akula, once the poster boy of Indian microfinance, is a gripping tale of what it takes to build a world-class financial institution and how to destroy it.
- Region
- South Asia
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