News

Print
Jun 2009
Microfinance: The Next Bubble?
June, 29 2009
United States - Our Rio de Janeiro correspondent, Mac Margolis, delves into a new microfinance study, and wonders whether the much-lauded sector is about as efficacious as a subprime CDO and as bubbly as a Pets.com equity option ...
India: Cabinet to Soon Approve Microfinance Bill
June, 29 2009
India - The Union Cabinet is likely to soon approve the Micro Financial Sector (Development and Regulation) Bill, 2009 which seeks to make NABARD the sector regulator ...
EBRD Boosts Micro Financing in Tajikistan
June, 26 2009
Tbilisi, Georgia - The EBRD is supporting small businesses in Tajikistan with an investment to help set up a new micro finance institution in the country. ...
CGAP Blog: Why Are Compartamos Interest Rates Dropping? Was Buying their Stock a Good Deal?
June, 25 2009
Washington, United States - I just got the annual report from Compartamos in Mexico. Putting data there together with some MIX data, here are their interest rates: 2005, 88%; 2006, 82%; 2007, 85%; 2008, 71% (Interest income (almost all from portfolio) divided by average gross loan portfolio). ...
Micro Insurance Industry Sees Profits from the Poor
June, 25 2009
Jakarta, indonesia - Slum-dweller Krustin bin Juri lost everything when floodwaters swept through his home and shop on the banks of Jakarta’s filthy Ciliwung river two years ago. But when the next flood hits, and it will because Jakarta sees frequent floods in the rainy season, bin Juri may have a modicum of protection thanks to a low-cost insurance policy that he purchased this month. ...
Mobile Banking: From Concept to Reality
June, 25 2009
Washington, United States - More than a billion people worldwide lack bank accounts, but do have mobile phones, providing a dramatic opportunity to achieve greater financial inclusion. That’s just one of many new insights CGAP has found with the GSMA Association through the Mobile Money Market Sizing Study. The study estimates the size of global mobile financial services market among an unbanked population of 3 billion. The results were released this week at GSMA’s annual Mobile Money Summit on mobile phone banking, co-organized by CGAP, DFID, and the IFC ...
Unitus Expands in Africa as Indian Partner Mulls IPO
June, 23 2009
Seattle, United States - Unitus, a Seattle non-profit supporting microfinance around the world, is entering a new phase as it expands into northern India and Africa, and its social enterprise investment arm builds a second equity fund of at least $70 million, almost triple the size of its first fund ...
Tamil Nadu MFI Gets $4.25M From MicroVest, UEF, Vinod Khosla
June, 23 2009
Noida, India - Microfinance is emerging as the most funded sector in recent times if the recent funding action is anything to go by ...
Africa: MFIs Face Collapse As Financial Crisis Bites
June, 22 2009
Nairobi, Kenya - Microfinance institutions in Africa have very little chance of surviving the current financial crisis as loan repayment default soars ...
Nigeria: Micro-finance Banks to Get $8.4m Grant
June, 19 2009
Kaduna, Nigeria - The Executive Secretary/Chief Executive Officer of the Nigerian Investment Promotion Commission, Alhaji Mustapha Bello, yesterday, said that six micro-finance banks in the country will receive about $8.4 million grant this year ...
China: Micro-finance Companies' Bank Financing Ratio Won't Rise
June, 18 2009
China - The 50-percent limit on micro-finance companies' bank financing ratio won't be eased in the short run, according to Zang Jingfan, head of the cooperative finance supervision department of the China Banking Regulatory Commission ...
Better Asset and Liability Management: an Urgent Need
June, 18 2009
Washington, United States - The onset of the worst global financial crisis in decades has brought home to many financial institutions, and their clients, many of the fundamentals of finance that can be overlooked in times of rapid growth and surging income ...
McGraw Hill Releases Microfinance for Bankers and Investors
June, 17 2009
Washington, United States - McGraw-Hill Professional has released Microfinance for Bankers and Investors, a road map for those ready to embrace the challenge of reaching deep into emerging markets to provide financial services to the so-called bottom of the pyramid (BOP) - the four billion people in the world who live on less than $3,000 per year ...
SKS Microfinance to Raise Rs 500 crore (USD 104 ml) through a Mix of Debt Instruments
June, 17 2009
Hyderabad, India - SKS Microfinance, the largest microfinance player in the country in terms of assets, is looking beyond pure bank funding for their business. It is set to raise Rs 500 crore through a variety of rated debt products to fund loan demands of its customers. ...
EIB Supports Access to Financial Services for the Poor / USD 20m Investment in Leapfrog Microinsurance Fund
June, 17 2009
Lausanne, Switzerland - The European Investment Bank (EIB) is investing USD 20 million in a new fund focused on microinsurance – LeapFrog Financial Inclusion Fund – which will invest in companies that deliver insurance and related financial products to low-income people in developing countries ...
Grama Vidiyal Raises over USD 4 million of Equity Capital, the First Equity Investment in India in 2009
June, 16 2009
Tamil Nadu, India - Tamil Nadu, India-based microfinance institution successfully completes second round of equity infusion from MicroVest, Unitus Equity Fund I (UEFI) and Amar Foundation ...
Kinnevik Invests USD 10 million in the Micro Finance Fund Microvest
June, 16 2009
Stockholm, Sweden - Investment AB Kinnevik (publ) ("Kinnevik") today announced that it in the second quarter has committed to invest USD 10 million in a micro financing fund focusing on equity investments in micro financing companies in emerging markets. In addition, Kinnevik has acquired 30% of the shares in a Ukrainian farming company from the local investment company TAS. ...
Wang Shulian’s Microloan Funds China Growth Impetus
June, 16 2009
China - The global crisis sharpened China’s interest in microloans. In May 2008, the central bank and China Banking Regulatory Commission issued a directive expanding to all provinces the establishment of microcredit companies focused on rural lending and explaining the conditions for raising capital and making loans ...
Mobile Money to Poor Seen $5 billion Market in 2012
June, 15 2009
Helsinki, Finland - The market of mobile financial services to poor people in emerging markets will surge from nothing to $5 billion in 2012, U.S.-based microfinance policy and research center CGAP said on Monday ...
India: Belgian Stake in Assam Firm
June, 14 2009
Guwahati, India - Assam’s fledgling microfinance sector has receive a boost, with a foreign company picking up a stake in Asomi Finance Private Ltd — an institution which undertakes microfinance, income generation and development activities in the state ...
Oikocredit: The Universal Truth of Women Empowerment
June, 12 2009
Netherlands - Oikocredit has unveiled the initial results of an international women empowerment study ...
Financial Times Announces Winners Sustainable Banking Awards
June, 11 2009
Washington, United States - The Financial Times and the International Finance Corporation (a member of the World Bank Group) announced the winners of the 2009 FT Sustainable Banking Awards. ...
ACCION USA Joins Kiva in Launch of Person-to-Person Microfinance in the U.S.
June, 10 2009
New-York, United States - ACCION USA, a leader and innovator in U.S. microfinance, today announced that it has joined Kiva.org, the world's first person-to-person microlending Website, in its pilot expansion in the United States. The partnership offers increased hope to financially underserved entrepreneurs seeking small business loans in the United States during a nationwide credit crunch. ...
Are Deposits a Stable Source of Funding for Microfinance Institutions?
June, 10 2009
Paris, France - New research finds that under normal circumstances, aggregate balances for low-income accounts move gradually, and they are not prone to abrupt month-by-month swings ...
India: Spandana Raises Rupees 80 crore on NCDs
June, 09 2009
Hyderabad, india - Spandana Sphoorty Financial Ltd, a Hyderabad-based Micro Finance institution, has raised Rupees 80 crore (USD 16.74 ml) by issuing one year non-convertible debentures (NCD) redeemable at a premium of ten per cent ...
Indian Farmers to Insure Themselves against Climate Change Crop Failure
June, 08 2009
England - UN negotiators at Bonn consider micro-insurance schemes among adaptation measures for Africa, Asia and Latin America ...
World Bank Group Establishes Agriculture Finance Support Facility
June, 08 2009
Washington D.C., United States - $20 Million from the Bill & Melinda Gates Foundation Will Help Improve Financial Access for Smallholder Farmers and Rural Entrepreneurs ...
Philippines: Microfinance Firms Take to Ratings
June, 05 2009
Manilia Philippines - Local Microfinance institutions have started to submit themselves to assessment by international rating firms in a bid to improve operations and attract investments from abroad. ...
Microcredit Loans 'Used to Buy Food'
June, 04 2009
London, England - Fewer than half of microcredit borrowers invest the money in the grassroots businesses that such loans are intended to foster, new research into poverty alleviation has discovered ...
India: Microfinance Funds Await Better Cash Flow
June, 04 2009
Chennai, india - India-focused microfinance funds, which had seen investment cycles turn longer due to the global credit crisis last year, are hoping for robust fund flows this year, following improvement in global equity markets coupled with positive domestic sentiments after a strong election mandate ...
Report: Sustainable Banking
June, 04 2009
London, United Kingdom - A once-in-a-lifetime opportunity has come to sustainable banking. The credit crunch and collapse of the structured products market have turned much accepted financial wisdom on its head. The world has gained a new appreciation for long-term risk, and regulators around the globe seek to impose new standards on institutions they supervise ...
A first for Syria - Grameen-Jameel Joins Hands with Aga Khan Agency for Microfinance
June, 03 2009
Damascus, Syria - Grameen-Jameel, a social business that serves the Arab microfinance industry, has announced it has facilitated a multi-million dollar credit facility for the First Microfinance Institution (FMFI) Syria, part of the Aga Khan Agency for Microfinance (AKAM), to help improve the lives of 2,700 underprivileged Syrians through credit, deposits and other financial services ...
EU Unveils Micro-Credit Plan for Small Businesses
June, 03 2009
Brussels, Belgium - The European Commission unveiled plans Wednesday to free up 100 million euros (142 million dollars) from the EU budget to provide credit to people wanting to set up small businesses ...
The Crisis and Microfinance in Latin America
June, 01 2009
London, United Kingdom - What will happen to the Latin American microfinance industry in the wake of the crisis in the United States? Uncertainty reigned and responses were feeble while the storm continued to grow ...
FOROMIC 2009: Inter-American Forum on Microenterprise
June, 01 2009
Arequipa, Peru - September 30 - October 02, 2009 Arequipa, Peru. The XII FOROMIC 2009 will provide a platform for all stakeholders in the microfinance and microenterprise development industry to meet their colleagues and exchange best practices, methodologies, and strategies to promote and support the microenterprise sector. ...

Research Analysis Tools

The fund indexes, institution benchmarks and other market information displayed here are all Symbiotics designed analysis tools, created in-house by our analysts and experts. Symbiotics has one of the oldest track records in microfinance investment analysis dating back to the late 1990s; its indexes and benchmarks have been regularly used as markers by investors, asset managers, financial institutions and practitioners. These, as well as several other research products, are available through the Research Account. Click on the link below to find out more.

Learn More