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Swiss impact investor BlueOrchard invests $4.7m in Satya MicroCapital
New Delhi-based microfinance company Satya MicroCapital Ltd has raised $4.7 million (Rs 34 crore) from Swiss impact investment manager BlueOrchard Finance Ltd for on-lending to the Indian micro, small, and medium business sector, with a focus on women entrepreneurs, said a statement on Monday.
- Categories
- Investing
- Region
- Asia Pacific
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Development Bank of Nigeria to provide low interest loans to 10,000 MSMEs
A statement from the DBN said the loan is part of measures aimed at addressing the financing challenges facing MSMEs in Nigeria.
- Region
- Sub-Saharan Africa
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Alternate lending platforms are fixing India’s financial inclusion problem, becoming enablers for SME funding
Today, India's MSMEs and their business owners are finding new-age digital startups and alternate lending platforms to be the most effective institution to disperse credit.
- Region
- South Asia
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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
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Press release: Lidya Raises $6.9 Million in a Series A Round Led by Omidyar Network
Lidya, the digital financial services platform focused on improving access to credit for micro-, small-, and medium-sized enterprises (MSMEs) in Africa, today announced that it has raised $6.9 million in a Series A investment round, one of the largest in Nigerian tech history
- Source
- Press release
- Region
- Sub-Saharan Africa
- Tags
- digital finance, fintech, MSMEs
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China’s Major Tech Firms Will Dominate SE Asia’s Emerging Markets: Who Wins And Who Loses?
Digital behemoths Alibaba and Tencent are expanding their e-commerce, cloud and data capabilities across the SEA region, which has a rapidly growing population of more than half a billion people.
- Categories
- Finance, Technology
- Region
- Asia Pacific
- Tags
- e-commerce, fintech, MSMEs, public policy
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‘The Dumbest Waste of Time Ever’: How the Development Sector is Failing MSMEs
Low-income business owners often keep poor records and don't always keep close tabs on their profits versus expenses – a side effect of by-necessity entrepreneurship. Global development organizations naturally want to help - yet too many programs offer skills development as one-off training. According to business development consultant Donna Rosa, helping entrepreneurs create business plans only to abandon them to fend for themselves is "the dumbest waste of time ever." She explains why in this thought-provoking post.
- Categories
- Agriculture, Investing
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We’re Undervaluing Value Addition: How Ag Processing Will Fortify Food Security, Incomes and Development
The world's cocoa farmers get only 3 percent of the value of a chocolate bar, and Africa, home to 60 percent of the world’s arable land, is a net importer of food that could be processed at lower cost on the continent. The problem is that agriculture producers in emerging markets grow the crops only to watch as others grab the profits. The solution, says Donna Rosa, is to improve the solid food processing industries in developing countries.
- Categories
- Agriculture, Social Enterprise