Why Does Kenya Lead the World in Mobile Money?
May, 27 2013
Kenya - Some of the factors behind Kenya's lead cannot be copied; but many of them can, which means it should eventually be possible for other countries to follow Kenya's pioneering example ...
Smart Campaign Shaping the Landscape of Microfinance in Bosnia and Herzegovina
May, 24 2013
Bosnia and Herzegovina - Having three of Bosnia and Herzegovina’s MFIs certified is a great start, but as with all good deeds, there’s a component to consider that’s almost as important as the deed itself: Does anyone actually know about this? Do current and prospective Bosnian MFI clients know about and understand certification ...
EBRD Allocates $10 Million Loan to Support Kazakhstan Farmers
May, 24 2013
Kazakhstan - To increase access to credit for small farmers and entrepreneurs in remote areas of Kazakhstan, the European Bank for Reconstruction and Development (EBRD) is now lending the local currency equivalent of $10 million to KazMicroFinance (KMF), the largest non-banking microfinance institution in the country ...
India: Savings Crisis in West Bengal
May, 21 2013
India - The crisis in West Bengal should offer a reminder that regulations exist for a reason; they’re not just red-tape and bureaucratic rent-seeking. Protecting the assets of the poor is a good and necessary policy goal. ...
Measuring The Risks of Microfinance Institutions
May, 21 2013
Vietnam - On May 16, International Finance Corporation (IFC), Swiss State Secretariat for Economic Affairs (SECO) and Vietnam Microfinance Working Group (MFWG) held a conference to set up sustainable interest rate and risk management in microfinance ...
Mexico: Put to The Test
May, 16 2013
Mexico - Overall, the studies show that microcredit, even the for-profit kind, typically benefits borrowers in a variety of ways, even if it does not lift them immediately out of poverty ...
IFC Promotes Mobile Finance in Ivory Coast
May, 15 2013
Ivory Coast - The International Finance Corporation (IFC), in partnership with the MasterCard Foundation, has assembled financial players to build further momentum for mobile financial services in Ivory Coast ...
India: Return of The Moneylender
May, 12 2013
India - The return of the moneylender in rural India can broadly be explained by the failure of the formal banking system to reach out to more people, the utter failure of institutions like the regional rural banks and the recent implosion of microfinance ...
Inclusive Finance and Segmenting Smallholder Farmers
May, 09 2013
Global - An estimated 500 million smallholder farmers live in low- and middle-income countries. Despite some improvements to their access to broad financial services, relatively little progress has been made to advance services that cater specifically to their agricultural activities ...
India: Now, a Regulatory Body to Set Norms for Impact Investment
May, 08 2013
India - In order to avoid excesses of the kind that derailed the Indian microfinance industry three years ago, nine entities doing 'impact investing' have come together to form a grouping that will define what they can do and cannot do in their investment practices to always stay aligned with their stated objectives. ...
Ghana: BOG Gives License to 171 Financial Institutions
May, 03 2013
Ghana - Head of Micro-finance and Banking Supervision at the Bank of Ghana (BoG), Dr. Yaw Gyima-Larbi has revealed that 171 financial institutions have been issued with final license to legally operate in the country ...