Event Name: Interactive Launch of the Microinsurance Compendium, Volume II
Event Date: July 3, 2012, 16:00 – 18:30
Event Location: International Labour Organization Library, Geneva, Switzerland, and Online
Search Results for: "United nation"
MICROCAPITAL BRIEF: Microinsurance Network Launches Capacity Building Tools Inventory
The Microinsurance Network, an organization based in Luxembourg that aims to promote the development of insurance products for low-income populations, has launched a Capacity Building Tools Inventory providing training modules and handbooks for microinsurance operations.
MICROCAPITAL BRIEF: Qatar’s Silatech, Al Barid Bank Launch Youth Savings Account
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.
MICROCAPITAL BRIEF: $700m in Grants, Loans from UN’s International Fund for Agricultural Development (IFAD) Support Rural Financial Services, Agency to Focus on Sub-Saharan Africa
According to International Fund for Agricultural Development (IFAD) Senior Rural Finance Adviser, Michael Hamp, “Approximately 17 percent (more than USD 700 million) of IFAD’s portfolio of loans and grants is focused on rural financial services, making IFAD one of the top ten funders of microfinance worldwide.” IFAD, an agency of the United Nations, works to alleviate rural poverty in developing countries.
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
MICROFINANCE EVENT: Convergences 2015 Presents Fifth Annual “World Forum for the Millennium Development Goals”, September 19 – 21, 2012, Paris, France
Event Name: World Forum for the Millennium Development Goals
Event Date: September 19 – September 21, 2012
Event Location: Palais Brongniart and Hôtel de Ville de Paris, Paris, France
MICROCAPITAL BRIEF: National Insurance Timor-Leste (NITL), Tuba Rei Metin, Moris Rasik Introduce Life Microinsurance Products
National Insurance Timor-Leste (NITL), an insurance company in the Democratic Republic of Timor-Leste, has partnered with local microfinance institutions (MFIs) Tuba Rai Metin and Moris Rasik to introduce regulated microinsurance products in the country.
MICROCAPITAL BRIEF: Citi to Buy 1.1m Tons of Carbon Credits from MicroEnergy Credits, Offsetting Cost of Efficient Heaters Financed by Mongolian Microfinance Institution XacBank
Citi Microfinance, a subsidiary of US-based Citibank that supports microfinance institutions (MFIs), and Citibank’s Environmental Products Trading and Organization Team recently announced a plan to buy 1.17 million metric tons of carbon credits from MicroEnergy Credits (MEC), a US-based for-profit firm that assists MFIs in launching clean-energy lending programs.
MICROCAPITAL BRIEF: Microinsurance Innovation Facility: Market Reaches 500m People, 60% in India
According to a report titled “Protecting the Poor a Microinsurance Compendium” that was recently published by the Microinsurance Innovation Facility, an initiative of the UN’s International Labor Organization (ILO) and Munich Re, a German reinsurance company, the total market for microinsurance reached 500 million people with the largest shares in India and China.
MICROFINANCE BRIEF: Grameen Credit Agricole Microfinance Foundation (GCAMF) Issues $1.25m Loan to Hattha Kaksekar Limited of Cambodia, $800k to Alide of Benin
The Grameen Credit Agricole Microfinance Foundation (GCAMF), which was founded in Luxembourg by French bank Credit Agricole and Grameen Trust of Bangladesh, has reported to MicroCapital that it has issued a loan of USD 1.25 million with a three-year term and a one-year grace period to Hattha Kaksekar Limited (HKL), a Cambodian microfinance institution (MFI).
MICROCAPITAL BRIEF: Liberian Senate President Disburses First Tranche of $18k Microloan Fund
Liberian Senate President Pro-Tempore Gbehzohngar Findley reportedly has disbursed LRD 600,000 (USD 8,100) to provide microloans for small-scale retailers in Liberia’s Grand Bassa County.
MICROCAPITAL BRIEF: Islamic Development Bank, UN’s AGFUND, Sudanese Government Fund Provide Capital of $5m to Microfinance Institution Al-Ebda’a
Al-Ebda’a, a Sudanese microfinance institution (MFI), was recently established with USD 5 million in capital.
MICROCAPITAL BRIEF: Lok Capital, Proparco Invest $5m in Equity in India’s IFMR Rural Channels and Services
Lok Capital LLC, a Mauritius-based microfinance investment vehicle, and its Proparco, a French development finance institution, have recently invested INR 260 million (USD 5 million) in equity in the Institute for Financial Management and Research (IFMR) Rural Channels and Services, a company of IFMR Trust that provides financial services in rural India.
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: Government of Khyber Pakhtunkhwa, Pakistan, Allocates $66m to Microfinance, Primarily for Youth, Artisans
The government of the Pakistani province of Khyber Pakhtunkhwa has reportedly allocated PKR 6 billion (USD 66.3 million) to microcredit.
MICROFINANCE PUBLICATION ROUND-UP: Small-Scale Solar Power Projects, Health Worker Preferences for Insurance Payment Mechanisms, Effects of Microinsurance on Poor People in Vietnam
“Global Trends in Renewable Energy Investment 2011;” by Angus McCrone, et al; published by United Nations Environment Programme (UNEP), Bloomberg New Energy Finance, Frankfurt School UNEP Collaborating Centre for Climate & Sustainable Energy Finance; July 2011; 61 pages; available at:
http://www.fs-unep-centre.org/publications/global-trends-renewable-energy-investment-2011
MICROCAPITAL BRIEF: Survey: Majority in Fiji Prefer Cash to Mobile Money
According to the Mobile Money Omnibus Survey conducted in the Republic of Fiji by Tebbutt Research, a market research agency in the Pacific Islands, and the Pacific Financial Inclusion Program (PFIP), a UN-backed program that aims to provide financial services to low-income households, 80 percent of respondents prefer to handle cash rather than utilize mobile payments.
MICROCAPITAL BRIEF: France’s Groupe de Recherche et d’Échanges Technologies (GRET) Launches Health Microinsurance Pilot Project for Cambodian Garment Workers
French NGO Groupe de Recherche et d’Echanges Technologies (GRET), funded by the French Government’s Agence Francaise de Developpement, is piloting the Health Insurance Project (HIP), a program in Cambodia aimed at funding basic health care services for rural garment workers, reducing their vulnerability to unforeseen risks.