Microfinance Supports Social Currencies in Brazil
January, 29 2013
Brazil - The social currencies are often restricted to small areas, but they have still helped those neighborhoods build economic bonds together and shape a local, people-driven way forward in the midst of massive macro-economic change ...
Deepening Financial Inclusion In West Africa
January, 25 2013
West Africa - A few weeks ago the Central Bank of the eight countries of the West Africa Economic and Monetary Union (WAEMU), BCEAO, shared the good news that in the last five years the banked population in the region increased by more than 5% from 9% in 2006 to 14.3% at the end of 2011 ...
What's Next: Financial Access in 2013
January, 22 2013
Global - The microfinance space has never been a dull place. As the tumult of the last few years—debates about effectiveness, industry crises and crashes in several countries—seemingly dies down, it’s a good time to speculate about what’s next. ...
Switzerland: BlueOrchard Appoints Peter Fanconi as CEO
January, 22 2013
Switzerland - From Wednesday 23, BlueOrchard AG have new chief. The Board of Directors has appointed Peter A. Fanconi as the firm's new CEO. The 46 year-old Swiss national has an performance record in the international finance sector ...
‘Financial Inclusion’ Mooted as UN Goal
January, 21 2013
United Kingdom - One of the world’s biggest banks is calling on David Cameron, the UK prime minister, to consider the importance of “financial inclusion”, as world leaders examine replacements for the UN Millennium Development Goals. ...
Scotiabank to Increase Small Loans in Mexico
January, 18 2013
Mexico - Bank of Nova Scotia says it can boost small loans in Mexico as much as 20 percent in a push for business in Latin America, where lending margins are double the Canadian average. ...
Microfinance and Patriarchy: 'A Drift Away from Serving Women'
January, 16 2013
Global - The results indicate that a business-friendly economic climate has the potential to undermine" microfinance's goal of empowering women, and that this effect is "amplified in patriarchal countries where the need for lending to women is greatest. ...
Microfinance, Self-Employment to Curb Poverty, Says IFC
January, 13 2013
Global - The world needs to create 600 million new jobs to support a surging population and yet, there are currently 200 million unemployed (mostly women and young people living in developing countries), said the IFC ...
India: Road to Redemption
January, 12 2013
India - India’s microfinance sector was once touted as a saviour of the poor and a good bet for investors. ...
Mobile Money Comes To Ethiopia
January, 09 2013
Ethiopia - Ethiopia lags far behind its East African neighbours in the development of its telecommunications sector and the services, such as mobile money banking, that the system now routinely provides elsewhere. ...
Thailand: The Biggest Microlender of Them All
January, 01 2013
Thailand - There are an estimated 120,000 microfinance initiatives worldwide but Thailand’s “Village and Urban Revolving Fund” lends more money to more people than any other ...