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The First MicroFinance Bank Afghanistan; Mibanco of Peru; and Cooperative Tosepantomin of Mexico Announced as Finalists for European Microfinance Award on Microfinance for Housing
This year, the Award highlights the role of microfinance in supporting access to better quality residential housing for vulnerable, low income and financially excluded groups with no or limited access to housing finance in the mainstream sector. This problem is multi-dimensional: sub-standard housing is not just an identifier of poverty, but rather it is the cause of a host of developmental problems.
- Categories
- Investing
- Region
- Europe & Eurasia
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Maisha Becomes First Microfinance Bank in Kenya to Offer Mobile Loans
Maisha MFB becomes the first telco-backed microfinance to launch a savings and mobile money solution in the market and the fourth financial institution, alongside banks like Commercial Bank of Africa (CBA), Kenya Commercial Bank (KCB) and Equity.
- Categories
- Finance
- Region
- Sub-Saharan Africa
- Tags
- fintech, lending, microfinance
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European Microfinance Week 2017: Revealing New Frontiers in Inclusive Finance – Nov. 29-Dec. 1
European Microfinance Week (EMW), Nov. 29-Dec. 1, 2017, and hosted by e-MFP, is one of the top events in the microfinance calendar and a unique meeting point for all professionals working in the inclusive finance sector worldwide. With an unparalleled program and prestigious speakers, the event is widely recognised for its high-quality sessions and excellent networking opportunities. Last year's event attracted close to 500 participants from 58 countries.
- Categories
- Finance, Social Enterprise
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IndusInd Bank secures $200 million loan from Asian Development Bank for microlending in India
The 7-year senior loan will go towards IndusInd Bank's micro-finance activities, it said in a statement.
- Categories
- Uncategorized
- Region
- South Asia
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Can Next-Generation Startups Unite Agritech and Fintech for Farmers in Emerging Markets?
An amalgamation of agritech and fintech solutions could have an incredible impact for the masses, especially populations that work within the agriculture chain. But making these apps and other digital solutions more user-friendly is critical to expanding their usage. Developers may need to borrow the best toolsets from both sectors, writes Sneha Sampath with Unitus Seed Fund.
- Categories
- Agriculture, Finance, Technology
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The tumultuous journey of Bharat Financial Inclusion
Bharat Financial Inclusion, formerly SKS Microfinance and India’s first listed microfinance firm, faces a potential merger with IndusInd Bank, which some experts say is the only way for its survival.
- Categories
- Uncategorized
- Region
- South Asia
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Nestlé, Telenor Microfinance Bank partner to launch digital lending for farmers in Pakistan
Under this program, Telenor Bank has been disbursing loans to dairy farmers digitally. The bank has pioneered one of the country’s first data driven digital method in deciding the loan limits with near instant loans. Hence, the loans are disbursed directly to the farmers via Telenor Bank’s mobile banking platform, Easypaisa mobile wallets.
- Categories
- Agriculture, Investing, Technology
- Region
- South Asia
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Making a Case for the Business Case: New Ways to Provide Sustainable Financial Services to Low-Income Communities
The high numbers of people who participate in informal savings groups is appealing to financial service providers – there are hundreds of thousands of active groups whose self-selected members save weekly for a year, and share their accumulated savings – but it's not easy to tap into this market commercially. BFA recommends using a business case modeler to help acquire low-income people as customers in a sustainable way.
- Categories
- Finance
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