CGAP Funder Training
Developing Inclusive Financial Systems for the Poor: How Funders Can Make a Difference
Amman, Jordan (Dead Sea), June 14-18, 2009
Search Results for: cgap
MICROCAPITAL STORY: CGAP and WIZZIT Collaborate to Expand Mobile Technology Services to Provide Branchless Banking to Poor Citizens in Rural South Africa
CGAP has recently announced that they intend to collaborate with WIZZIT to expand mobile technology services to provide branchless banking to poor citizens in rural South Africa. CGAP insists that mobile services, for the first time, will link poor citizens in small towns and rural areas to banking services and local agents who manage cash.
NEWS WIRE: Microfinance Gateway: Take the CGAP Impact of the Global Financial Crisis on MFIs and their Clients
Source: Microfinance Gateway.
PRESS RELEASE: Winners from the 2008 CGAP Microfinance Photography Contest
Source: Microfinance Gateway
Somenath Mukhopadhyay, a teacher in a government-run school in West Bengal, India, is the winner of the 2008 CGAP Microfinance Photography Contest. The judges unanimously chose this image of a young girl preparing radishes to take to market in Tarapur village, Birbhum, for the top prize. Amateur photographer Mukhopadhyay won out over more than 700 entries from professional and nonprofessional photographers in 40 countries all over the world.
MICROCAPITAL STORY: Consultative Group to Assist the Poor (CGAP) 2008 Microfinance Investment Vehicles (MIV) Survey – Summary of Main Findings
The Consultative Group to Assist the Poor (CGAP) released the main findings of its 2008 survey on Microfinance Investment Vehicles (MIVs), analyzing evolving opportunities in microfinance for the investor community.
MIVs are private investment funds that play the role of a financial intermediary between foreign investors and microfinance institutions (MFIs). Most MIVs are very small in size with 86 percent of MIVs having less than USD 20 million under management. According to this CGAP brief, MIVs reach out to smaller MFIs with the average MIV investment size equal to USD 1 million. The full text of the main findings of the CGAP survey was released in September, 2008 and can be found here.
MICROFINANCE PAPER WRAP-UP: “Africa Microfinance Analysis and Benchmarking Report, 2008,” by Jennifer Isern and Estelle Lahaye of CGAP, and Audrey Linthorst of MIX
“Africa Microfinance Analysis and Benchmarking Report, 2008,” written by Jennifer Isern and Estelle Lahaye of the Consultative Group to Assist the Poor (CGAP), and Audrey Linthorst of the Microfinance Information Exchange (MIX), analyzes the development of the microfinance industry in Africa with a focus on key growth trends, the regulatory environments, funding flows and structure, and performance of microfinance institutions (MFIs). The report is based on data submitted from 160 African MFIs. In 2008, the 160 MFIs collectively reached 5.2 million borrowers with a total credit line of USD 2.5 billion, and 9 million savers with gross savings of USD 2.1 billion (p1). Full text of the article is 20 pages and is available here.
MICROCAPITAL STORY: The Consultative Group to Assist the Poor (CGAP) with Support from JP Morgan Chase & Co. Releases Empirically Based Study of Valuation Models Used in Microfinance Equity Investments
The Consultative Group to Assist the Poor (CGAP), a policy and research center housed at the World Bank dedicated to advancing financial access to the world’s poor, has released a path breaking report in February 2009 entitled, “Shedding Light on Microfinance Equity Valuation: Past and Present,” produced with limited analytical support from banking firm JPMorgan Chase & Co. The white paper is notable in providing an empirically grounded analysis of how financial valuation methods are actually applied by external actors to MFIs and other lending institutions with poverty alleviation goals. This is made possible by CGAP’s collection of information on 144 private equity transactions, the largest such dataset gathered to date, as well as information on 10 MFIs and other low income focused lenders that have raised funds through the issuance of securities. The original report is available at:
NEWS WIRE: Recent CGAP and USAID Publications Show Effects of Food Crisis on MFIs
Source: Microfinance Gateway .
PRESS RELEASE: CGAP Surveys the Most Important Actors in Microfinance on their Funding Activities
MICROCAPITAL STORY: Globe Telecom Establishes Partnership with and Receives 600k from Gates-funded CGAP for Mobile Banking Projects
Globe Telecom, the second largest telecommunications company in the Philippines, has announced a partnership with the Consultative Group to Assist the Poor (CGAP) to utilize mobile banking technology in rural poverty stricken provinces. Specifically, Globe Telecom’s wholly owned mobile commerce business, G-XChange Inc. (GXI), intends to use its GCASH service to make it possible for poor people in the low-income rural provinces of Bohol, Surigao and Palawan to access basic financial services.
MICROCAPITAL EVENT: CGAP Virtual Conference: The Financial Crisis and Microfinance: Experience, Insights, and Implications (November 18-20, 2008)
Join Consultative Group to Assist the Poor (CGAP) and industry experts at a Virtual Conference to discuss the impact of the financial crisis on microfinance and poor people.
Over the course of three days (November 18-20), participants will share their experiences and insights and discuss how to respond to upcoming challenges. The Virtual Conference will focus on microfinance institutions and their clients, and on donors and investors.
To register for this conference, please click here, or copy and paste the following URL in a new browser window: http://nutshellurl.com/24c.
For further information on CGAP click here.
To visit the event website visit here.
MICROFINANCE EVENT: CGAP Roundtable and Webinar On Mobile Banking for Poor People: Pioneer Perspectives
MOBILE BANKING FOR THE POOR: PIONEER PERSPECTIVES
DECEMBER 11, 2008, 2:00PM – 5:00PM, WORLD BANK HEADQUARTERS, WASHINGTON, D.C.
CGAP (Consultative Group to Assist the Poor) will be hosting a discussion on the CGAP Technology Blog on how mobile phone banking can deliver a range of financial services to poor people and change lives for the better.
TECHNOLOGY FOCUS: Mobile Banking in India – hyped or popular? A CGAP Interview
The Consultative Group to Assist the Poor (CGAP), the leading microfinance think tank housed at the World Bank, recently posted an interview with with Naushad Contractor about India’s mobile banking trends in their technology blog. Naushad heads marketing for mobile commerce at Vodafone Essar ltd., India. He is also on the regulatory committee of the Mobile Payments Forum of India. He was a member of the core team that launched and made Remit2India.com the World’s No.1 Independent Money Transfer Portal for Non Resident Indians.
MICROFINANCE EVENT: Consultative Group to Assist the Poor (CGAP) Working Group on Microinsurance, Munich Re Foundation, Fasecolda, FIDES and Colombia’s Finance Superintendant Host Microinsurance Conference 2008.
MICROINSURANCE CONFERENCE 2008
NOVEMBER 5th – 7th 2008, CONVENTION CENTER IN CARTAGENA, COLOMBIA
This event is the fourth international Microinsurance Conference jointly hosted by the CGAP Working Group on Microinsurance and the Munich Re Foundation. It will focus on the four themes of technology, capacity building, regulatory and policy issues, and innovative products and distribution channels. The conference will have plenary panel discussions on key topics addressing an interdisciplinary audience and will have in attendance over 300 experts in key areas relevant to microfinance.
MICROFINANCE EVENT: CGAP (Consultative Group to Assist the Poor) Interactive Webcast on Mobile Banking
CGAP HOSTS INTERACTIVE WEBCAST ON MOBILE BANKING on OCTOBER 1
CGAP will host an interactive webcast 09:30-12:45 PM EST. CGAP will examine the business case and deployment options for smaller banks and microfinance institutions.
The agenda for the event will be as follows:
09:30 – 10:30
Why: The logic of branchless banking
How: Developing and managing branchless banking channels
11:00 – 12:30
For whom: choices for banks, operators’ role, customer adoption
The good, the bad, and the ugly of m-banking
To submit questions during or before the event, contact Jim Rosenberg (jrosenberg@worldbank.org).
To access the webcast on Wednesday, visit here.
PRESS RELEASE: CGAP: Can Islamic Finance Go Microfinance?
MICROFINANCE EVENT: CGAP (Consultative Group to Assist the Poor) / MFMI (Microfinance Management Institute) to Host Funder Training – Building Inclusive Financial Systems: How Funders Can Make a Difference
Source: CGAP.