Category Archives: Microfinance

SKS Microfinance, the only listed micro lender in the country, plans to offer an endowment life insurance policy to its borrowers once again. The Hyderabad-based micro finance company had exited this business in 2009. An endowment policy is a life … Continue reading →

Microfinance institutions (MFIs) have something to cheer about. Securitised microfinance loans are getting grades that are better than the ratings assigned to micro lenders selling these portfolios, say analysts and those in the sector. This has persuaded banks and non-banking … Continue reading →

Rising number of young potential moving out of Uttarakhand owing to lack of job opportunities is becoming an increasing concern these days. Ms. Indira Hridayesh, the finance minister for Uttarakhand raised her concerns on this issue recently. She believed that … Continue reading →

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 →