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50th Microfinance Institution Launched in Cambodia
The Royal Microfinance institution launched its operations in Cambodia on Thursday, bringing the total number of micro-lenders in the kingdom to 50.
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- Uncategorized
- Region
- South Asia
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- lending, microfinance
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Viewpoint: How We Talk About Microfinance: Alex Counts Replies to Dean Karlan
On Sunday, August 23, as I was enjoying some of the final days of summer visiting friends in New Hampshire, I noticed that I had been tagged in a tweet by Dean Karlan, the founder and president of Innovations for Poverty Action. He provided a link to an article about FINCA that included extensive quotes from its CEO, Rupert Scofield. He asked Rupert if he really believed microfinance could reduce terrorism, and asked me what I thought (“whatcha think?” was the precise formulation of his question). Hetweeted again on Monday, asking whether I was “still going to stand by [my] claim that no microcredit leaders make grandiose and overselling impact claims?”
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- Uncategorized
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- lending, microfinance
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What payments banks, Bandhan can do for financial inclusion in India
There have two big developments in financial inclusion in the country in the past few days, whose significance stands out despite the din arising from the recent global stock market crash.
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- Uncategorized
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- South Asia
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Three Pillars for Measuring Impact in Inclusive Financial Services: Apis Partners and Accion Frontier Investments Group publish a framework for impact investors
In seeking to ensure a social as well as financial return on their investments in inclusive financial services, Apis Partners and Accion Frontier Investments Group created a framework to capture these services' unique aspects of impact. This gave rise to three core categories which they believe any fund manager investing in inclusive financial services can use to measure impact.
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- Impact Assessment
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A smile boosts the chances of getting a microloan, say Stanford psychologists
Stanford psychologists found that applicants for microloans are more likely to win approval if the photograph they send along with the application evokes a positive emotional response.
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- Education
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India’s MFI credit bureaus comb client data to smooth microloans
Three years after India’s first credit bureau for microfinance institutions (MFIs) opened shop, teething troubles continue to prevent lenders and borrowers from making full use of it.
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- Uncategorized
- Region
- South Asia
- Tags
- lending, microfinance
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PRESS RELEASE: Smart Campaign Now Serves More Than 20 Million Low-income Clients
Momentum for Smart Campaign Certification Accelerates; Six Million ‘Protected’ Clients Added in Last Six Months.
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Can Microfinance Help Boost Sanitation Coverage?
The time when microfinance was seen as the miracle cure to lift people out of poverty is long gone. The funding crisis in India in 2010 and evidence of mixed impacts from microfinance have contributed to a greater understanding of both its strengths and weaknesses. While microfinance is usually associated with income generation, rather than taps and toilets, growing evidence shows that it could be a solution for funding sanitation facilities in developing countries.
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- Health Care
- Region
- South Asia