Silatech, a Qatar-based social enterprise, has partnered with Al Barid Bank, a subsidiary of Post Morocco, to launch a Youth Savings Account (YSA), which is available to Moroccans between the ages of 18 and 25.
Search Results for: morocco
MICROFINANCE PUBLICATION ROUND-UP: Global Microfinance Equity Valuation Survey; Microfinance Governance Indicators; Audio Report: Role of Brokers in Microinsurance
“Volume Growth and Valuation Contraction: Global Microfinance Equity Valuation Survey 2012;” by Jasmina Glisovic, et al; published by CGAP (Consultative Group to Assist the Poor) and JP Morgan; May 2012; 16 pages; available at: http://www.microfinancegateway.org/gm/document-1.9.57526/VolumeGrowth.pdf
MICROCAPITAL BRIEF: World Savings Bank Institute Members to Offer Financial Training, Products Aimed at Unbanked
The World Savings Bank Institute (WSBI), a Switzerland-based association representing savings and retail banks with EUR 4.3 trillion (USD 5.4 trillion) in assets, announced a new plan at the 23rd WSBI Congress in Marrakech, Morocco, whereby its members will review their products, tailoring some to the specific needs of the most vulnerable potential customers.
MICROFINANCE PUBLICATION ROUND-UP: Microfinance Information Exchange Diamond Rating System; Savings-Linked Microinsurance in India; Banking Correspondents in Brazil
“Diamonds No Longer Forever;” by Scott Gaul; published by Microfinance Information Exchange (MIX); April 2012; available at: http://www.themix.org/publications/microbanking-bulletin/2012/04/diamonds-no-longer-forever
MICROCAPITAL BRIEF: MicroRate Launches Web-Based Impact Investing Platform Luminis
MicroRate, a US-based microfinance rating agency, with funding from the Grand Duchy of Luxembourg and the Luxembourg Fund Labeling Agency (LuxFLAG), a non-profit fund certification agency based in Luxembourg, has launched the full version of Luminis, an online analytical platform on microfinance funds.
MICROFINANCE PUBLICATION ROUND-UP: Financial Behavior in Latin America; Microfinance Reporting Technology; Evaluation of India’s Kshetriya Gramin Financial Services (KGFS)
“The Financial Behavior of Rural Residents: Findings from Five Latin American Countries;” by Jacqueline Urquizo; published by Accion; March 2012; 45 pages; available at: http://centerforfinancialinclusionblog.files.wordpress.com/2012/03/the-financial-behavior-of-rural-residents_march-2012.pdf
MICROCAPITAL BRIEF: HSBC to Provide Technical Assistance to Microfinance Institutions in Middle East, North Africa in Partnership with Grameen-Jameel, Bankers without Borders
UK-based financial services company HSBC (formerly known as the Hongkong and Shanghai Banking Corporation), Dubai-based microfinance investor Grameen-Jameel and Bankers without Borders (BwB), a program of the US-based Grameen Foundation, are partnering to provide financial and technical expertise to microfinance institutions (MFIs) in the Middle East and North Africa.
MICROCAPITAL BRIEF: 87 MFIs Earn 2011 Microfinance Information Exchange (MIX) Social Performance Reporting Award
Microfinance Information Exchange (MIX), a US-based nonprofit provider of data and analysis on microfinance institutions (MFIs), funders, networks and service providers dedicated to serving the financial needs of low-income clients, has released the names of 87 MFIs that have earned its winners of the Social Performance Reporting Award.
MICROCAPITAL BRIEF: Grameen-Jameel Loans $1.5m to Jordan Micro Credit Company (Tamweelcom)
Grameen-Jameel Microfinance Limited, a joint venture of the US-based Grameen Foundation and the UK-based Abdul Latif Jameel Foundation, reportedly has provided a loan of USD 1.5 million to the Jordan Micro Credit Company (Tamweelcom), a Jordan-based microfinance institution (MFI).
MICROFINANCE PAPER WRAP-UP: Global Microscope on the Microfinance Business Environment 2011
By the Economist Intelligence Unit, funded by The Multilateral Investment Fund, Corporación Andina de Fomento and the International Finance Corporation, October 2011, 72 pages, available at: http://idbdocs.iadb.org/wsdocs/getdocument.aspx?docnum=36453519.
This paper examines the microfinance business environments in 55 countries, comparing them across three categories: supporting institutional framework, political stability, and regulatory framework and practices. It is the fifth annual paper in the series, covering the 12-month period through June 2011. The research comprises data collected in 21 countries of Latin America and the Caribbean, 11 countries of Sub-Saharan Africa, seven of Eastern Europe and Central Asia, seven of East Asia, five of South Asia and four of the Middle East and North Africa.
MICROCAPITAL BRIEF: Development Seed, Key2Flex Offer Geospatial Technology Services to Analyze Availability of Financial Services in Developing Countries
Geospatial mapping is being used to show the geographic distribution of banks, automated teller machines (ATMs) and banking agents in relation to low-income and other population groups, thus giving an indication of the accessibility of financial services to those groups.
MICROCAPITAL BRIEF: MicroRate Founder Damian von Stauffenberg is First to be Named to LuxFLAG Microfinance Label Eligibility Committee
The Luxembourg Fund Labelling Agency (LuxFLAG), a microfinance investment vehicle (MIV) and environment-related investment vehicle (EIV) certification organization, recently announced that Mr Damian von Stauffenberg, the founder of US-based microfinance rating agency MicroRate, has been named to the eligibility committee of LuxFLAG’s Microfinance Label [1].
MICROCAPITAL BRIEF: MicroRate, LuxFlag Launch Luminis Looking to Increase Transparency of Microfinance Funds
MicroRate, a US-based microfinance rating agency, with the financial support of the Luxembourg government and the nonprofit Luxembourg Fund Labeling Agency (LuxFLAG), has launched the “beta” version of Luminis, a web-based platform focused on increasing the transparency of microfinance investment vehicles (MIVs).
MICROCAPITAL BRIEF: Microfinance Information Exchange (MIX) Releases 2010 Latin America & the Caribbean Regional Snapshot
The Microfinance Information Exchange (MIX), a US-based nonprofit organization that publishes financial and social performance information from microfinance stakeholders, recently released an analysis of microfinance institutions (MFIs) in Latin America and the Caribbean based on 2010 data.
MICROCAPITAL BRIEF: “SANAD Fund for MSME” to Loan $5m to BLC Bank of Lebanon for On-Lending to Small and Medium-Sized Enterprises
SANAD Fund for MSME, a Luxembourg-based investment fund, has invested in Lebanon for the first time with a USD 5 million loan to BLC Bank sal, a Lebanese commercial bank.
MICROCAPITAL BRIEF: Grameen-Jameel Achieves 1.5m Microfinance Clients Reached, $53m Facilitated
Grameen-Jameel, a joint venture of the US-based Grameen Foundation and the UK-based Abdul Latif Jameel Foundation, recently announced in its first “partners’ meeting” that it has reached 1.5 million clients through its partner microfinance institutions (MFIs) [1].
MICROFINANCE PAPER WRAP-UP: “Too Much Microcredit? A Survey of the Evidence on Over-Indebtedness;” by Jessica Schicks, Richard Rosenberg; Published by CGAP (Consultative Group to Assist the Poor)
By Jessica Schicks and Richard Rosenberg, published by CGAP (Consultative Group to Assist the Poor), September 2011, 44 pages, available at: http://www.cgap.org/p/site/c/template.rc/1.9.55377/
MICROCAPITAL BRIEF: responsAbility Loans Local-Currency Equivalent of $4m to Microfinance Institutions Pearl Microfinance Limited of Uganda, Lift Above Poverty Organisation of Nigeria, Sinapi Aba Trust of Ghana
responsAbility Social Investments AG, a Swiss investment company that manages four microfinance investment vehicles (MIVs), recently reported to MicroCapital that it has made debt investments totaling the equivalent of USD 4 million in microfinance institutions (MFIs) Pearl Microfinance of Uganda, Lift Above Poverty Organisation (LAPO) of Nigeria and Sinapi Aba Trust of Ghana [1].