MICROCAPITAL BRIEF: MFTransparency Releases Microloan Pricing Report on Ethiopia’s Microfinance Industry

MFTransparency, a US-based nongovernmental organization that aims to provide clear information on credit products and pricing, recently released the report from its Transparent Pricing Initiative in Ethiopia which was launched in September 2011 [1].

MICROCAPITAL BRIEF: responsAbility Lends $4m to ACLEDA Bank, Hattha Kaksekar Limited (HKL) of Cambodia

Switzerland’s responsAbility Social Investments AG (responsAbility) recently reported to MicroCapital that it has made loans amounting to USD 4 million to Cambodian financial institutions ACLEDA Bank and Hattha Kaksekar Limited (HKL).

MICROCAPITAL BRIEF: Inter-American Development Bank (IDB) Approves $50m Loan to Expand Access to Microcredit in Ecuador

The Inter-American Development Bank (IDB), a US-based multilateral finance institution, has approved a USD 50 million loan to expand access to microcredit in Ecuador, particularly among low-income women.

MICROFINANCE PAPER WRAP-UP: Microfinance Investment Vehicles in Sub-Saharan Africa: Constraints and Potentials, by Bertrand Moulin, Published by Centre for European Research in Microfinance (CERMi)

By Bertrand Moulin, published by the Centre for European Research in Microfinance (CERMi), August 2011, 20 pages, available at: http://mpra.ub.uni-muenchen.de/32967/

MICROCAPITAL BRIEF: Inter-American Development Bank (IDB) Group’s Multilateral Investment Fund (MIF) to Loan $7m to Root Capital and Microfinance Institutions FIDERPAC of Costa Rica, ASDIR of Guatemala; Announces $7m Equity Investment in CoreCo Central America I Fund; Rolls Out Psychometric Risk Assessment Tool

The Multilateral Investment Fund (MIF), a member of the US-based Inter-American Development Bank (IDB) Group, recently announced it will lend USD 4.9 million to US-based Root Capital, provides capital, financial education and market connections to small and growing businesses in Latin America and Africa [1].

MICROCAPITAL BRIEF: Center for Financial and Credit Counseling of Bosnia Offers Debt Mediation, Financial Education to Microfinance Clients

The Center for Financial and Credit Counseling (CFKS), a nonprofit established in 2010 in the Bosnian city of Tuzla, has been set up to counter the negative impact of over-indebtedness through financial education, counseling, mediation and debt resolution.

MICROCAPITAL BRIEF: Dr Muhammad Yunus to Address Microfinance at Rotary International Convention, Bangkok, Thailand, May 6 – 9, 2012

The Rotarian Action Group for Microcredit (RAGM), the vehicle through which US-based service organization Rotary International conducts its microcredit activities, has recently announced that Dr Muhammad Yunus, the founder of Bangladeshi microfinance institution Grameen Bank, will be addressing the Rotary International Convention to be held in Bangkok, Thailand, from May 6 to May 9, 2012.

MICROCAPITAL BRIEF: Inter-American Development Bank Approves Loan Worth $30m to Support Micro-, Small and Medium-Sized Enterprise in El Salvador

The Inter-American Development Bank (IDB), a US-based development finance institution, recently approved a loan of USD 30 million to the “Program to Support Production Development for International Integration,” which will be carried out by El Salvador’s Ministry of Economy, the Ministry of Foreign Affairs and the export promotion agency, National Investment Promotion Agency (PROESA) [1].

MICROFINANCE EVENT: Royal Netherlands Embassy, Global Alliance for Banking on Values (GABV) to Host Roundtable Discussion on “Real” Banking for the Real Economy: Can Values-based Banking Sustainably Finance the Future?, September 22, 2011, in Washington DC, USA

Event Name: “Real” Banking for the Real Economy: Can Values-based Banking Sustainably Finance the Future?

Event Date: September 22, 2011; 5:00 pm to 7:00 pm

Event Location: Washington, DC, USA

MICROCAPITAL BRIEF: responsAbility Loans $3m to Microfinance Institutions (MFIs) Hattha Kaksekar Limited (HKL) of Cambodia, Mitra Bisnis Keluarga (MBK) Ventura of Indonesia

responsAbility Social Investments AG, a Swiss investment company that manages four microfinance investment vehicles (MIVs), recently reported to MicroCapital that it has made debt investment totaling the equivalent of USD 3 million in microfinance institutions Hattha Kaksekar Limited (HKL) of Cambodia and Mitra Bisnis Keluarga (MBK) Ventura of Indonesia [1].

MICROCAPITAL BRIEF: Dariu Foundation Increases Microfinance Lending in Vietnam Amidst Inflationary Pressures, Rising Interest Rates

The Dariu Foundation (TDF), a Vietnam-based microfinance institution (MFI), amidst double-digit inflation and increasing domestic interest rates, has seen a 25-percent increase in the number of new clients served and a 47-percent increase in the number of loans disbursed during the first five months of this year compared to the same period last year.

MICROFINANCE PAPER WRAP-UP: Foreign Capital Investment in Microfinance: Reassessing Financial and Social Returns; By Xavier Reille, Sarah Forster and Daniel Rozas; Published by CGAP (Consultative Group to Assist the Poor)

By Xavier Reille, Sarah Forster and Daniel Rozas; published by CGAP (Consultative Group to Assist the Poor); 2011; 16 pages; available at http://www.cgap.org/gm/document-1.9.50967/FN71.pdf

MICROCAPITAL BRIEF: Inter-American Investment Corporation (IIC) Approves $15m Loan to Peru’s Mibanco for Lending to Micro- and Small Enterprises (MSEs)

The Inter-American Investment Corporation (IIC), a member of the US-based Inter-American Development Bank (IDB) Group, has approved a USD 15 million loan to Mibanco Banco de la Microempresa SA, a private Peruvian bank that provides a range of financial services to micro- and small enterprises (MSEs).

MICROCAPITAL BRIEF: responsAbility Global Microfinance Fund (rAGMF) Makes Loans Totaling $2.8m to Hattha Kaksekar Limited (HKL), Thaneakea Phum Limited (TPC) of Cambodia and Koperasi Mitra Dhuafa (Komida), Tanaoba Lais Manekat Foundation (TLM) of Indonesia

responsAbility Global Microfinance Fund (rAGMF), a microfinance investment vehicle (MIV) managed by responsAbility Social Investments AG (responsAbility), recently reported to MicroCapital that it has loaned the equivalent of USD 2.8 million to four microfinance institutions (MFIs) in Cambodia and Indonesia. responsAbility is an investment company based in Switzerland that invests in MFIs and other MIVs.

MICROCAPITAL BRIEF: Inter-American Development Bank (IDB) Establishes “Flexible Financing Facility” for Countries in Latin America, Caribbean

The Inter-American Development Bank (IDB), a US-based multilateral finance institution that operates in Latin America and the Caribbean, has established a “Flexible Financing Facility” (FFF) that will give Latin American and Caribbean countries flexibility in loan terms and conditions as well as allowing the use of hedges to manage interest rate and currency risks associated with loans from IDB [1].

MICROCAPITAL BRIEF: Swiss Microfinance Investment Vehicle (MIV) Manager responsAbility Releases Social Performance Report 2011

responsAbility Social Investments AG, an investment company based in Switzerland, recently released its “Social Performance Report 2011,” which is the sixth of its kind, covering the effect on poor people of its work during 2010 in the following areas: microfinance, fair trade, small and medium-sized enterprise (SME) financing and independent media.

MICROCAPITAL BRIEF: International Finance Corporation (IFC) to Assist Microfinance Institution (MFI) IMON International of Tajikistan in Financing, Leasing Agricultural Equipment

As part of its Tajikistan Agribusiness Finance and Business Environment Project, the International Finance Corporation (IFC), the private-investment arm of the World Bank Group, will support IMON International, a microfinance institution (MFI) in Tajikistan, in the identification of new clients that may benefit from equipment finance.