MICROFINANCE EVENT: MFTransparency, Agence Française de Développement, UN Capital Development Fund, Luxembourg Cooperation, African Microfinance Network, CGAP (Consultative Group to Assist the Poor) to Host African Microfinance Pricing Transparency Leadership Forum, October 5-7, 2011 in Nairobi, Kenya

Event Name: African Microfinance Pricing Transparency Leadership Forum

Event Date: October 5 – October 7, 2011

Event Location: Nairobi, Kenya

MICROCAPITAL BRIEF: Pakistan Poverty Alleviation Fund Invests in Jinnah Welfare Society Through Newly-Launched Equity Fund for Microfinance Institutions Aimed at Attracting Commercial Funding For Rural Expansion

The nonprofit Pakistan Poverty Alleviation Fund (PPAF) reportedly has established an equity fund to invest in microfinance institutions (MFIs) in an effort to facilitate access to commercial financing, with the ultimate goal of increasing growth and facilitating expansion into rural areas.

MICROCAPITAL BRIEF: Prathama, Aryavart Gramin, Gomti-Kashi Banks Bring Solar Lighting to India’s Rural Villages Through Microfinance

Microfinance has been successful at bringing solar lighting to India’s rural villages, according to an article in Indian science and environment magazine Down To Earth.

MICROCAPITAL BRIEF: MasterCard Foundation, UN Capital Development Fund (UNCDF) Announce $23m Expansion of MicroLead Program to Promote Savings in Developing Countries

The MasterCard Foundation, a Canada-based philanthropic organization that supports projects in the microfinance and education sectors, has agreed to grant USD 23.5 million to the MicroLead program, a financial inclusion initiative that was designed by the United Nations Capital Development Fund (UNCDF), an investment facility intended to encourage private sector development.

MICROCAPITAL BRIEF: ADB’s Pacific Private Sector Development Initiative (PSDI) Annual Report Covers Partnership with Microfinance Institutions (MFIs) in Papua New Guinea, Timor-Leste, Vanuatu

The Pacific Private Sector Development Initiative (PSDI), an initiative established in 2006 by the Asian Development Bank (ADB), recently outlined in its annual report its efforts to “encourage private sector led sustainable economic growth” in developing countries in the Pacific by “improving access to financial services, updating business laws and upgrading the delivery of services by state-owned enterprises (SOEs).”

MICROCAPITAL BRIEF: International Labour Organization (ILO) Backs Crop, Life, Property Microinsurance Scheme in Bolivia

The International Labour Organization (ILO), an agency of the United Nations promoting fair work conditions, is reportedly supporting a pilot microinsurance scheme in the Tarija region of southern Bolivia with unnamed local partners to provide insurance against loss of food crops, life and property.

MICROCAPITAL BRIEF: responsAbility Disburses $4m in Loans and Equity to Bai Tushum of Kyrgyz Republic; Arnur Credit, Bereke of Kazakhstan

responsAbility Social Investments AG (responsAbility), a Swiss asset management company that invests in microfinance institutions (MFIs) and microfinance investment vehicles (MIVs), recently reported to MicroCapital that it made investments totaling the equivalent of USD 4 million in Bai Tushum of the Kyrgyz Republic, Arnur Credit of Kazakhstan and Bereke of Kazakhstan.

MICROCAPITAL BRIEF: Economist Angela Luci Argues Microfinance can Empower Women in Non-Financial Arenas, Fight Discrimination

A recent entry on the Gender Debate blog cites the report “Microfinance: Champion in Poverty Alleviation and Failure in Female Empowerment” by Alexandra Dobra to argue that most microfinance services only focus on the financial empowerment of women, wasting their potential to promote the “full and equal participation of women in all spheres of society including decision-making and access to power” [1].

MICROCAPITAL BRIEF: EU, UN Urge African Governments to Reach Out to Marginalized Women in Rural Areas with Microfinance, Securing of Property Rights

At a recent meeting in Rwanda on gender-responsive budgeting held in conjunction with the European Union and the United Nations Entity for Gender Equality and the Empowerment of Women (UN Women), African governments were urged to reach women in rural areas through microfinance schemes and otherwise involving women in financial services.

MICROCAPITAL BRIEF: Survey Conducted by Yemen Microfinance Network (YMN) Indicates Microfinance Institutions Facing Operational Difficulties Because of Ongoing Political Tension

According to a survey conducted by the Yemen Microfinance Network (YMN), a member-based nonprofit organization, microfinance institutions (MFIs) in the country have been negatively affected by the ongoing political climate and are facing an uncertain future.

MICROCAPITAL BRIEF: Imp-Act, MicroSave Launch Guidance Notes on Social Performance Management for Microfinance Institutions (MFIs)

Imp-Act, a UK-based consortium of nine organizations focused on the social performance management (SPM) of microfinance institutions (MFIs), and MicroSave, a for-profit technical assistance, training and resource center in India, recently introduced two new “guidance notes” in English, French and Spanish, titled “Strategic Planning: Integrating SPM into Microfinance Capacity Building” and “Governance: Integrating SPM into Microfinance Capacity Building”. According to the Social Performance Task Force (SPTF), an initiative of CGAP

MICROCAPITAL BRIEF: International Finance Corporation (IFC), Microsave Publish Deposit Assessment Reports for Bangladesh, India, Nepal and Sri Lanka

The International Finance Corporation (IFC), a member of the World Bank Group, recently commissioned “The South Asia Deposit Assessment” studies.

MICROFINANCE EVENT: International Labor Organization (ILO), Microinsurance Network Host “New Frontiers in Microinsurance Distribution” Webinar, July 13, 2011

Event Name: New Frontiers in Microinsurance Distribution

Event Date: July 13, 2011

Event Location: Online 

MICROFINANCE EVENT: Fifth African Microfinance Conference, Addis Ababa, Ethiopia, September 19 – September 22, 2011

Event Name: 5th African Microfinance Conference

Event Date: September 19 to September 22, 2011

Event Location: United Nations Economic Commission for Africa (UNECA) in Addis Ababa, Ethiopia

MICROCAPITAL BRIEF: Triple Jump Opens Office in Mexico, Surpasses $300m in Microfinance Investments, Celebrates Five-Year Anniversary

Triple Jump, a Netherlands-based advisory service and manager of three microfinance investment vehicles (MIVs), recently announced plans to open an office in Mexico City, Mexico, to serve the region of Central America and the Caribbean.

MICROCAPITAL BRIEF: Financing Facility for Remittances (FFR) of the UN’s International Fund for Agricultural Development Announces Launch of Diaspora Investment in Agriculture Initiative

The International Fund for Agricultural Development’s (IFAD’s) Financing Facility for Remittances (FFR), a fund that aims to reduce poverty by channeling remittances to finance development in rural areas of developing countries, announced that it recently launched its Diaspora Investment in Agriculture (DIA) Initiative.

MICROCAPITAL BRIEF: PROPARCO, Storebrand Invest $15m in Incofin’s Microfinance Investment Vehicle Rural Impulse Fund II

Incofin Investment Management, a Belgian fund manager that invests in microfinance institutions (MFIs), has raised EUR 11 million (USD 15.8 million) for Rural Impulse Fund II, which invests in MFIs in developing countries that have at least 30 percent of their operations in rural areas.