MICROCAPITAL BRIEF: Swarna Pragati Housing Microfinance, Accion Invest $4.5m in Saija Finance of India

Swarna Pragati Housing Microfinance Limited, an Indian housing finance company, and Accion, a US-based nonprofit, reportedly have invested USD 4.5 million in Saija Finance, an Indian microfinance institution (MFI).

MICROFINANCE PUBLICATION ROUND-UP: Financial Service Needs in Mexico; Evaluation of an Insurance Education Radio Campaign in Kenya; Self-Assessment of Governance

“A Structured Approach to Understanding the Financial Service Needs of the Poor in Mexico;” by Xavier Faz and Paul Breloff; published by CGAP (Consultative Group to Assist the Poor); May 2012; 4 pages; available at: http://www.cgap.org/gm/document-1.9.57615/Brief_MexicoSegmentation.pdf

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

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

MICROFINANCE PAPER WRAP-UP: “Agent Banking in Latin America,” by the National Banking and Securities Commission (CNBV) of Mexico and Celina Lee, published by the Alliance for Financial Inclusion

By the National Banking and Securities Commission of Mexico and Celina Lee, published by the Alliance for Financial Inclusion, February 2012, 19 pages, available at: http://www.microfinancegateway.org/p/site/m//template.rc/1.1.14613

MICROFINANCE PAPER WRAP-UP: “Women are Useful to Microfinance: How Can We Make Microfinance Be More Useful to Women”, Workshop paper at 2011 Global Microcredit Summit

By Dr. Linda Mayoux, Consultant for Hivos and Oxfam Novib UK, November 2011, 20 pages, available at: http://www.genfinance.info/documents/MyPubs/Women%20are%20Useful%20to%20Microfinance_final.pdf

This report introduces methods for promoting women’s empowerment as a strategy for increasing the long-term financial sustainability of microfinance institutions (MFIs). It introduces points of entry for gender equality and empowerment as well as innovation in policies, product design, non-financial services, customer protection, regulations and gender indicators in social performance management and management information systems.

MICROCAPITAL BRIEF: Accion Launches $10m Venture Lab to Invest in Microfinance Institutions, Other Financial Inclusion Start-Ups

Accion, a US-based nonprofit microfinance organization, recently announced that it has launched Venture Lab, a USD 10 million investment vehicle that will provide seed capital to financial inclusion start-ups across the world.

MICROFINANCE PUBLICATION ROUND-UP: MIX Snapshot of Microfinance in Asia, How Social Entrepreneurs Spread Innovation, Impact of Thai Million Baht Village Fund

“2011 Asia Regional Snapshot;” published by the Microfinance Information Exchange (MIX); March 2012; 19 pages; available at:
http://www.themix.org/publications/mix-microfinance-world/2012/03/2011-asia-regional-snapshot

MICROCAPITAL BRIEF: Savings Continue to Dominate; Aspirations for Financial Inclusion in Africa

Two US-based nonprofits, the CGAP (Consultative Group to Assist the Poor) and Microfinance Information Exchange (MIX), recently released the “2011 Regional Snapshot of Microfinance Analysis and Key Trends in Africa’.

MICROCAPITAL BRIEF: Global Human Development Forum to Issue “Istanbul Declaration” on Social Justice Issues to be Raised at United Nations “Rio + 20” Conference on Sustainable Development

The United Nations’ (UN’s) Global Human Development Forum, which has begun in Istanbul, Turkey, will involve the discussion of social justice and environmental protection issues to be negotiated at the UN “Rio + 20” Conference on Sustainable Development, which will be held in Rio de Janeiro, Brazil, in June 2012.

MICROCAPITAL BRIEF: Fitch Improves Outlook to Positive for Grupo ACP, Owner of Mibanco of Peru and Forjadores of Mexico

Fitch, a rating agency with headquarters in London and New York, reportedly has affirmed the rating of Peruvian nonprofit holding company Grupo ACP Inversiones y Desarrollo (Grupo ACP) at BB-, indicating an elevated vulnerability to default risk.

MICROFINANCE PUBLICATION ROUND-UP: Peru as a Model for Microfinance Regulation; M-Pesa Mobile Banking E-book; and Geographic Analysis of Thai Enterprise

“Research Insight: Peru – Model Market for Microfinance;” by Christian Etzensperger; published by responsAbility Social Investments; March 2012; 9 pages; available at: www.responsability.com/domains/responsability_ch/data/free_docs/Research_Insight_Acces_to_Finance_in_Peru_EN.pdf

MICROFINANCE PUBLICATION ROUND-UP: Indian Microfinance, Treating Colombian Clients with Respect, and Expanding Microinsurance

“Indian Microfinance: Looking Beyond the AP Act and its Devastating Impact on the Poor;” published by Legatum Ventures; March 2012; 17 pages; available at: http://www.legatumventures.com/

MICROCAPITAL BRIEF: Mobile Transactions International of Zambia Receives $3.2m Equity Investment from Omidyar Network, ACCION

Omidyar Network, a US-based social investment firm, and ACCION International, a US-based nonprofit that supports microfinance institutions (MFIs), have invested USD 3.2 million in equity in Mobile Transactions International, a Zambia-based mobile financial services company, to expand financial access to poor and underserved populations.

MICROCAPITAL BRIEF: International Finance Corporation (IFC), ACCION Support Swadhaar in Expanding Microfinance for Women in Urban India

The International Finance Corporation (IFC), the private-investment arm of the World Bank Group, and ACCION International, a private, US-based nonprofit organization, will advise Swadhaar FinServe Private Limited (SFPL), an Indian microfinance institution, on its expansion of financial services for women in urban slums of the following Indian states: Gujarat, Madhya Pradesh, Maharashtra and Rajasthan.

MICROCAPITAL BRIEF: Microfinance Growth Fund (MiGroF) Ends 2011 with $85m in Loans Outstanding to Microfinance Institutions in Latin America

The Microfinance Growth Fund (MiGroF), which is managed by Switzerland’s BlueOrchard Finance to support Latin American microfinance institutions, closed 2011 with USD 85 million in outstanding loans and USD 23 million in uninvested capital.

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.