Category Archives: Microfinance

A consulting firm, KUDITECH Investment Limited, is seeking partnership with the Kano State Government to establish micro-finance banks in each of the 44 local government areas of the state. Prof. Pedro Alimi, the Chairman of the company disclosed this on … Continue reading →

The European Investment Bank (EIB), the investment body of the European Union, has launched the East African Community Microfinance Facility, a EUR 50 million (USD 65.4 million) loan program to “encourage job creation and increase access to long-term funding for … Continue reading →

Microfinance Focus, February 2, 2012: In an effort to make microfinance more viable in the country, the Government of Hong Kong will soon be launching a $100 million microfinance scheme. In his 2012-13 Budget speech, Financial Secretary John Tsang said … Continue reading →

Kiva.org is dedicated to changing the world $25 at a time, by letting us put our money where our heart is and take part in making microloans to entrepreneurs around the world. It’s micro-philanthropy at work. Kiva merges technology and … Continue reading →

The Oxford Microfinance Initiative (OMI) project team has consented to undertake a preliminary study to evaluate the feasibility of Farz Methodology as well as Farz Foundation’s financial products for expansion throughout Muslim countries. The research will involve an analysis of … Continue reading →

Judging from last year’s lobbying by the financial sector to block the new Consumer Financial Protection Bureau, one would think banks are just plain anti-consumer protection regulation, almost by reflex. That’s why it is so encouraging to see the global … Continue reading →

The exit of founder Vikram Akula is likely to lead to a revolution of sorts in the way SKS Microfinance has been approaching the market, interim chairman P H Ravikumar hinted on Thursday. The new management of the company is … Continue reading →

The government has already drafted the Micro Finance Sector (Development and Regulation) Bill, 2011. The Bill seeks to make it mandatory for all micro finance institutions (MFIs) to be registered with the Reserve Bank of India (RBI). It also entrusts … Continue reading →

A few months ago, a big name in the financial world invested Rs 6 crore in securitised loans of micro finance institutions (MFIs). After getting familiar with its various facets, he has now promised to commit a larger chunk, of … Continue reading →

MUMBAI: The astronomical pay packages of promoters of microfinance institutions (MFIs) will come under intense scrutiny of banks that have extended funds to bail out the sector once touted as the torchbearer of financial inclusion. Lenders involved in debt restructuring … Continue reading →