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Tanzanian microinsurance startup Jamii prepares to expand across Africa
Tanzanian micro-health insurance startup Jamii will be expanding across Africa, on the back of grant money from the Bill and Melinda Gates Foundation.
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- Uncategorized
- Region
- Sub-Saharan Africa
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Microfinance Sees Huge Opportunity Following Banks’ Interest Rates Cap in Kenya
Micro Finance Banks see a huge opportunity for growth as bankers implement the new banking law capping Interest Rates at 4 per cent above the Central Banks Rate.
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- Uncategorized
- Region
- Sub-Saharan Africa
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- microfinance
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Finalists Announced for 7th European Microfinance Award on Access to Education
On Wednesday 21st September 2016, the Selection Committee for the 7th European Microfinance Award, on “Microfinance and Access to Education”, composed of members of the Ministry of Foreign and European Affairs, European Microfinance Platform (e-MFP) and Inclusive Finance Network Luxembourg (InFiNe.lu), chose the three finalists who will go on to compete for the €100,000 prize: Fundación Génesis Empresarial from Guatemala; Kashf Foundation from Pakistan; and Opportunity Bank of Uganda. This year, the Award recognises the role of microfinance in enabling access to education for children and/or skill-training for youth and adults to enhance their employment and self-employment opportunities.
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- Education
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- microfinance
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Habitat for Humanity and IKEA Foundation to improve homes for children in India and Kenya
A €5.3 million grant from the IKEA Foundation will help families in poor communities in India and Kenya to improve homes through access to small loans and affordable, eco-friendly building materials and services.
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- Uncategorized
- Tags
- microfinance
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‘Inequality Limits Growth … and You Get What You Incent’: Takeaways from Day 1 of the SEEP Network’s Annual Conference
SEEP’s 2016 conference, themed “Expanding Market Frontiers,” continues today in Washington, D.C. NextBillion editor Kyle Poplin is there, and he compiled some of the things he found most interesting during Tuesday’s sessions.
- Categories
- Social Enterprise
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India: IFC to Extend Up to $40m to Microfinance Firm Ujjivan Through Debt Investment
International Finance Corporation, the private investment arm of World Bank plans to invest up to $40 million in Indian micro finance institution Ujjivan Financial Services in form of a senior debt investment.
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- Uncategorized
- Region
- South Asia
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India’s Microfinance Industry Clocked 60% Growth in Fiscal 2016
After years of subdued growth, the Indian microfinance (MFI) industry expanded more than 60% to Rs54,329 crore in 2015-16 compared to the previous year, according to a report prepared by Sa-Dhan, the self regulatory organisation of MFIs.
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- Uncategorized
- Region
- South Asia
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Weekly Roundup: A Different Kind of Pivot in SE Asia, a Surprising Collaboration in India and South Africa’s Sweet Move
Among the discussion items in this week's Roundup: the bumper crop of social enterprises in Southeast Asia; India's uphill climb toward financial inclusion; some mixed news about microfinance; South Africa takes action against obesity; and Sisu's carefully planned success.
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- Uncategorized
