Closing the Pioneer Gap
November, 24 2012
Global - More money than ever is flowing into impact investing, yet many entrepreneurs creating companies that serve the poor still find it difficult to raise capital, particularly at the early stages of their company's growth. ...
Peru’s BanBif Seeks to Offer $400 Million of Bonds in 2013
November, 19 2012
Peru - Banco Interamericano de Finanzas SA, the Peruvian lender also known as BanBif, plans to sell as much as $400 million in bonds next year to finance an expansion in microfinance loans, Chief Executive Officer Juan Ignacio de la Vega said. ...
Does Access to Microfinance Help Poor Households Build Savings?
November, 16 2012
Global - The fact that clients have savings on deposit with the microfinance provider, or not, is as much due to the provider’s legal structure (license to take savings deposits), policies (regarding encouragement of savings) and products (safety and accessibility features) as it is due to the ability and desire of the client to save money. ...
Financial Inclusion Still Poor in Nigeria
November, 15 2012
Nigeria - In spite of efforts to deepen financial inclusion in Nigeria, particularly in the rural areas, majority of the people still don't have access to financial services, the Nigerian Deposit Insurance Corporation said yesterday ...
The Rise and Fall of Microcredit in Post-Apartheid South Africa
November, 14 2012
South Africa - Thirty years ago, the international development community was abuzz with excitement. The reason was that the perfect solution to poverty in developing countries appeared to have been finally located — this was microcredit, the provision of tiny micro-loans used by the poor to establish income-generating activities. ...
Philippines: Smart to Launch Microfinance Bank
November, 11 2012
Philippines - Telecom firm Smart Communications Inc. said it will establish the country’s first microfinance bank, in which the company will tap its mobile-phone subscribers focusing on those who have little or no access to the formal banking system ...
Lack of Understanding One of The Main Barriers To Impact Investment
November, 09 2012
Global - Lack of understanding of the asset class and requirements of a minimum investment size far beyond the capacity of the investment opportunity are two of the main barriers for pension funds investing in ‘impact investment’, research by Survey Finance and Finethic has found ...
India: SKS Raises Rs.200 Crore Through Securitization Deal
November, 06 2012
India - SKS Microfinance Ltd, India’s lone listed microlender, on Tuesday said it had raised Rs.200 crore through a loan securitization transaction. Securitization refers to pooling of loan assets to marketable securities and selling it to buyers. ...
Impact Investing: Making Money the Charitable Way
November, 04 2012
Global - Impact investing usually refers to investments made by the private sector to generate measurable social and environmental impact alongside a financial return. Usman Hayat explores this fast-growing investment theme. ...
Bangladesh: The Path Through the Fields
November, 03 2012
Bangladesh - Bangladesh has dysfunctional politics and a stunted private sector. Yet it has been surprisingly good at improving the lives of its poor ...
Banking on Change: Giving Financial Power to the World's Poorest
November, 02 2012
Global - Thousands of miles from the City of London, Barclays is funding a programme that is helping to transform the fortunes of the financially excluded in the developing world and, arguably, doing what many people think the big banks should be doing: getting back to their core activities of collecting deposits and making loans ...