Event Name: Mekong Financial Inclusion Forum
Event Dates: July 11-14, 2016
Event Location: Intercontinental Hotel, Phnom Penh, Cambodia
Search Results for: MFW
MICROFINANCE EVENT: Microinsurance Business Models for Africa; April 6-7, 2016; Diani, Kenya
Event Name: Microinsurance Learning Sessions: Microinsurance Business Models for Africa
Event Dates: April 6-7, 2016
SPECIAL REPORT: Good News, “Painful” News About Digital Finance at the Final Day of European Microfinance Week
In moderating Friday’s panel on “Integrating digital financial services” at European Microfinance Week, Philippe Breul of PHB Development opened with several examples of success: (1) Microfinance institution (MFI) Musoni Kenya reducing loan turnaround time from 72 to 6 hours; (2) Indian MFI Ujjivan boosting loan officers’ caseloads by 134 percent; and (3) Opportunity Bank Serbia, which operates in an area of better mobile connectivity than the other two MFIs, providing immediate credit decisions in response to 80 percent of loan applications. Mr Breul stated that the time period required to save enough on costs to offset the expense of the tablets and other elements of digital systems can be as low as
SPECIAL REPORT: Serving Youth: Back-to-School Savings Promotions, Lower Loan Portfolio-at-Risk (PAR) Ratios
On Friday, during the final day of European Microfinance Week, Ata Cisse of the UN Capital Development Fund (UNCDF) explained how that organization’s YouthStart program, which was launched in 2010 in partnership with The MasterCard Foundation of Canada, facilitated microfinance institutions (MFIs) in Africa collecting deposits equivalent to USD 16 million through 2014 from 600,000 youth, roughly evenly divided between young men and women.
SPECIAL REPORT: How Microinsurance Affected Mongolian Herders Rebuilding After Drought
At European Microfinance Week yesterday, Veronika Bertram-Hümmer of Deutsches Institut für Wirtschaftsforschung Berlin (the German Institute for Economic Research) and Leibniz Universitat Hannover presented research on how insured and uninsured herders in Mongolia recovered from the 2009-2010 drought that killed 22 percent of the livestock in the country. Insured households received an average payout of USD 312. None used the money to buy livestock, instead opting
MICROCAPITAL BRIEF: Insurance Regulatory Authority of Uganda (IRA) to Reduce Minimum Capital Requirement for Microinsurers to $30k, Increase Client Protection Measures
The Insurance Regulatory Authority of Uganda (IRA) recently urged insurance companies in the country to work with microfinance institutions (MFIs) to develop and promote microinsurance products.
MICROCAPITAL BRIEF: Grameen Credit Agricole Microfinance Foundation Loans $936k to Jordan’s Microfund for Women, $1.7m to Georgia’s JSC MFO Crystal
The Grameen Credit Agricole Microfinance Foundation (GCAMF), a Luxembourg-based provider of financial services to microfinance institutions (MFIs) and other social businesses, recently informed MicroCapital that it has issued the following two loans: (1) EUR 825,000 (USD 936,000) to Microfund for Women, a microfinance institution (MFI) in Jordan that was founded in 1994 as a program of UK-based NGO Save the Children; and (2) EUR 1.5 million (USD 1.6 million) to Joint Stock Company Microfinance Organization Crystal (JSC MFO Crystal), an MFI that was established in Tbilisi, Georgia, in 1998 as the Crystal Fund.
MICROFINANCE EVENT: “LendIt 2014,” May 4 – 6, 2014, San Francisco, California, USA
Event Name: LendIt 2014
Event Date: May 4 – May 6, 2014
Event Location: Hilton Hotel Union Square, San Francisco, California, USA
MICROCAPITAL BRIEF: European Bank for Reconstruction and Development (EBRD) Supports Sovereign Lending for Public Sector Projects, Private Investments in Ukraine
The European Bank for Reconstruction and Development (EBRD), a UK-based financial institution, is putting together an economic support package for Ukraine that includes sovereign lending for public sector projects such as infrastructure development and increased funding for small and medium-sized enterprises (SMEs).
MICROCAPITAL BRIEF: European Bank for Reconstruction and Development (EBRD) Considers $104m Loan to DenizBank of Turkey for Small, Medium-sized Enterprises (SMEs) in Agribusiness Sector
The European Bank for Reconstruction and Development (EBRD), a UK-based multilateral financial institution, is considering offering a loan of EUR 75 million (USD 104 million) to Turkish commercial bank DenizBank for on-lending to small and medium-sized enterprises (SMEs) in the agribusiness sector.
MICROCAPITAL BRIEF: European Union, European Bank for Reconstruction and Development (EBRD) Support 100 Small, Medium-sized Enterprises (SMEs) in Egypt
The European Union and the Small Business Support program of the European Bank for Reconstruction and Development (EBRD), a UK-based financial institution, recently held an event in the Egyptian city of Alexandria to highlight their support for approximately 100 small and medium-sized enterprises (SMEs).
MICROCAPITAL BRIEF: European Bank for Reconstruction and Development (EBRD) Considers $21m Loan to Compagnie Internationale de Leasing (CIL) for Micro-, Small and Medium-sized Enterprises (MSMEs) in Tunisia
The European Bank for Reconstruction and Development (EBRD), a UK-based multilateral financial institution, is considering offering a senior, unsecured loan of approximately EUR 15 million (USD 21 million) to Tunisian leasing company Compagnie Internationale de Leasing (CIL) to expand its servicing of micro-, small and medium-sized enterprises (MSMEs) in Tunisia.
MICROCAPITAL BRIEF: European Bank For Reconstruction and Development (EBRD) Brings “Small Business Support” Facility to Jordan, Delivering Technical Assistance to Small, Medium-Sized Firms
The European Bank for Reconstruction and Development (EBRD), a multilateral financial institution headquartered in the UK, has brought its Small Business Support (SBS) facility for small and medium-sized enterprises (SMEs) to Jordan.
MICROCAPITAL BRIEF: European Bank for Reconstruction and Development (EBRD), European Union, Republic of Turkey Provide $469m For Female Entrepreneurs in Turkey
The European Bank for Reconstruction and Development (EBRD), a UK-based multilateral financial institution, in partnership with the European Union and the Republic of Turkey, is launching a “Women in Business Programme” in 2014 to provide financial and technical support services totaling EUR 338 million (USD 469 million) for female entrepreneurs in Turkey.
MICROCAPITAL BRIEF: European Bank for Reconstruction and Development (EBRD) to Loan $64.8m to Banque Tuniso-Kowetienne of Tunisia for On-lending to Micro-, Small, Medium-Sized Enterprises (MSMEs), Trade Financing
The European Bank for Reconstruction and Development (EBRD), a UK-based multilateral development bank, recently announced that it will extend a loan of EUR 40 million (USD 54.8 million) to Banque Tuniso-Kowetienne (BTK), a Tunisia-based commercial bank.
MICROCAPITAL BRIEF: European Bank for Reconstruction and Development (EBRD) to Loan $34.3m to European Fund for Southeast Europe (EFSE) for On-lending to 4k Micro- and Small Enterprises (MSEs) via Retail Lenders
The European Bank for Reconstruction and Development (EBRD), a UK-based multilateral development bank, recently announced that it will extend a loan of EUR 25 million (USD 34.3 million) to the European Fund for Southeast Europe (EFSE), a Luxembourg-based microfinance investment vehicle (MIV) that was initiated by German development bank Kreditanstalt für Wiederaufbau Entwicklungsbank (KfW) with the financial support of the German development ministry Bundesministerium für Wirtschaftliche Zusammenarbeit und Entwicklung (BMZ) and the European Commission.
MICROCAPITAL BRIEF: European Bank for Reconstruction and Development (EBRD) Loans $68m to Garanti Leasing of Turkey to Support On-lending to Micro-, Small, Medium-sized Enterprises (MSMEs)
The European Bank for Reconstruction and Development (EBRD), a UK-based multilateral financial institution, has opened a credit line of EUR 50 million (USD 68.3 million) for Garanti Leasing (GL), a leasing company subsidiary of Turkey’s Garanti Bank (GB), to be on-lent to micro-, small and medium-sized enterprises (MSMEs) in the country.
MICROCAPITAL BRIEF: European Bank for Reconstruction and Development (EBRD) to Loan $2m to FINCA Jordan for On-Lending to Micro-, Small Enterprises (MSEs)
The European Bank for Reconstruction and Development (EBRD), a UK-based multilateral financial institution, recently announced that it will disburse a senior loan of USD 2 million to Foundation for International Community Assistance (FINCA) Jordan, a microfinance institution (MFI) based in Jordan that is a part of the US-based, nonprofit FINCA International microfinance network.