MICROFINANCE PAPER WRAP-UP: Discovering Limits: Global Microfinance Valuation Survey 2011; By Frederic de Mariz, Xavier Reille, Daniel Rozas; Published by JP Morgan, CGAP (Consultative Group to Assist the Poor)

By Frederic de Mariz, Xavier Reille and Daniel Rozas; published by JP Morgan and CGAP (Consultative Group to Assist the Poor); July 2011; 29 pages; available at: http://www.microfinancegateway.org/p/site/m//template.rc/1.9.52137

MICROCAPITAL BRIEF: Microfinance Information Exchange (MIX) Announces 2,000 Microfinance Institutions Now Reporting to MIX Market

The Microfinance Information Exchange (MIX), a US-based nonprofit organization that runs the MIX Market online database of microfinance institutions (MFIs), recently announced that it currently collects self-reported information from 2,000 MFIs based in 110 countries, representing 92 million borrowers.

MICROFINANCE EVENT: Boston Microfinance Club Hosts Technology and Microfinance Colloquium, June 23, 2011, Boston, Massachusetts, USA

Event Name: Technology and Microfinance Colloquium

Event Date: June 23, 2011

Event Time: 6:00 pm to 9:00 pm

Event Location: The Microsoft NERD Center, Horace Mann Room, One Memorial Drive, Suite 100, Cambridge, Massachusetts, USA

MICROCAPITAL BRIEF: G20 SME (Small and Medium-Sized Enterprise) Finance Online Consultations Being Held Through June 17, 2011

The G20 SME (Small and Medium-Sized Enterprise) Finance Online Consultations are now ongoing through June 17 to help shape the policy recommendations of the SME Finance Sub-Group, which was launched as part of the G20 Global Partnership for Financial Inclusion to improve access to financial services for the poor. The Group of Twenty (G20) was established in 1999 to bring together finance ministers and central bank governors of “systematically important” industrialized and developing economies to discuss key issues in the global economy.

MICROCAPITAL BRIEF: LeapFrog Partners With Unitus Capital Looking to Invest $40m to Increase Microinsurance Penetration in India

LeapFrog Investments, a US-based private equity fund focusing on microinsurance activities, is reportedly looking for opportunities to deploy up to USD 40 million in India.

MICROCAPITAL BRIEF: Microfinance Information Exchange (MIX), CGAP (Consultative Group to Assist the Poor) Release “Eastern Europe and Central Asia Microfinance Analysis and Benchmarking Report 2010”

Two US-based nonprofits, the Microfinance Information Exchange (MIX) and CGAP (Consultative Group to Assist the Poor) co-published the “Eastern Europe and Central Asia Microfinance Analysis and Benchmarking Report 2010.”

MICROCAPITAL BRIEF: Microfinance Information Exchange (MIX) Publishes Working Draft of “Microfinance, Financial Crises, and Fluctuations in Food and Fuel Prices” by Adrian Gonzalez

Microfinance Information Exchange, a US-based, nonprofit data provider, recently drafted a paper entitled “Microfinance, Financial Crises, and Fluctuations in Food and Fuel Prices” that examines the potential impact of large-scale financial crises on the microfinance sector.

MICROCAPITAL BRIEF: Microinsurance Network Releases Coverage Of “Microinsurance Debate on Public-Private Partnership (PPP)”

The Microinsurance Network, a member-based organization that works to advance insurance in poor countries, recently published a summary of an online discussion on public-private partnerships (PPPs) addressing themes including the role of governments in enabling PPPs, the merits and drawbacks of subsidizing the private sector, how to define success in microinsurance PPPs and current gaps in consumer protection and institutional capacity.

MICROCAPITAL BRIEF: Microfinance Information Exchange (MIX) Releases “2010 Sub-Saharan Microfinance Analysis and Benchmarking Report”

The Microfinance Information Exchange (MIX) recently released the “2010 Sub-Saharan Microfinance Analysis and Benchmarking Report,” which covers information on 181 microfinance institutions (MFIs) that operate in 41 countries.

MICROCAPITAL BRIEF: CGAP (Consultative Group to Assist the Poor) Microfinance Blog Examines Role of Transparency in Strengthening the Microfinance Sector

A recent article on the CGAP Microfinance Blog, which is operated by US-based think tank CGAP (Consultative Group to Assist the Poor), examines the outcome of a discussion on information initiatives in strengthening the microfinance industry that was recently held by CGAP and the Microfinance Information Exchange (MIX), a US-based nonprofit. At the event, which was held in Nepal, representatives of microfinance organizations from India, Pakistan, Sri Lanka, Afghanistan, Bangladesh and Nepal discussed the following efforts: 1)Annual state of the sector reports such as the Pakistan Microfinance Network’s (PMN’s) Pakistan Microfinance Review, ACCESS Development’s India: A State of the Sector Report, and rating agency M-CRIL’s Microfinance Analytics Report ; 2)Access mapping such as Microfinance Investment Support Facility for Afghanistan’s (MISFA’s) monthly performance reports, PMN’s Micro WATCH in Pakistan and Sa-Dhan’s Microfinance Map of India; and 3)Interest rate transparency such as the report on India from US-based nonprofit MFTransparency.

MICROCAPITAL BRIEF: Global Entrepreneurship Program: Is There Greater Need for Investment in Small and Medium-Sized Enterprises (SMEs) Than in Microfinance?

Alan Patricof, Founder and Managing Director of US-based venture capital company Greycroft Partners, argues in a recent issues of Fortune magazine that while microfinance institutions (MFIs) “do play an important role in development, there is an even greater need to support small and medium-sized enterprises (SMEs), which have the greatest potential for job growth in most places around the world” [1].

MICROCAPITAL BRIEF: Mercy Corps Announces Partnership With Philippine BPI Globe BanKO to Extend Mobile Banking to 1m Microfinance Clients

Mercy Corps, a US-based relief and development nonprofit, has announced plans to fund a USD 1 million partnership with BPI Globe BanKO, a savings bank in the Philippines, to expand the uptake of mobile banking services.

MICROCAPITAL BRIEF: CGAP (Consultative Group to Assist the Poor) Microfinance Blog Explores Effects of Arab Upheaval on Microfinance Institutions (MFIs)

CGAP Microfinance Blog, operated by US-based think tank CGAP (Consultative Group to Assist the Poor), recently posted an article by Mohammed Khaled, a CGAP representative for the Middle East-North Africa Region, that explores the implications for microfinance institutions (MFIs) of the recent wave of demonstrations and resulting leadership changes that have occurred in the Middle East and North Africa. Mr Khaled says that while it “could be too early to analyze the impact of recent events in the Arab world on microfinance, one can conclude some general and common lessons despite differences among countries” [1]. Mr Khaled argues that the following areas are of the utmost importance: emergency plans, strategic partnerships with clients, internal control systems and job creation [1].

MICROCAPITAL EVENT: Developing Inclusive Financial Systems: The CGAP (Consultative Group to Assist the Poor) Course for Funders of Microfinance in Dakar, Senegal, June 6 – June 10, 2011 CANCELLED

Event Name: Developing Inclusive Financial Systems: The CGAP Course for Funders of Microfinance

Event Date: June 6 – June 10, 2011 THIS EVENT HAS BEEN CANCELLED

Event Location: Dakar, Senegal

MICROCAPITAL BRIEF: LeapFrog Makes $13.5m Equity Investment in Apollo Investments for Microinsurance in Kenya, Uganda, Tanzania

Leapfrog Investments, a private equity fund that supports microinsurance initiatives, recently made a USD 13.5 million equity investment in Apollo Investments Limited, an insurance company that operates in Kenya, Uganda and Tanzania, to improve access to microinsurance for low-income individuals.

MICROCAPITAL BRIEF: Microfinance Information Exchange (MIX) Integrates CGAP’s Software Listings into MIX Market

Microfinance Information Exchange (MIX), the US-based nonprofit data provider, recently announced that it has integrated information on the software providers used by microfinance institutions (MFIs) into its MIX Market online database.

MICROCAPITAL BRIEF: Microinsurance Catastrophe Risk Organization (MiCRO) Created to Help Protect Microentrepreneurs in Haiti

A donor-capitalized insurance facility, Microinsurance Catastrophe Risk Organization (MiCRO), has been developed by a syndicate of stakeholders in an effort to empower Haiti’s microentrepreneurs to protect themselves against the economic aftermath of natural catastrophes.

MICROCAPITAL BRIEF: Standard Chartered Bank (Pakistan) Closes $6.9m Loan to Tameer Micro Finance Bank Limited (TMFB) With Support of State Bank of Pakistan’s Micro Finance Credit Guarantee Facility

Standard Chartered Bank (Pakistan) Limited, a subsidiary of UK-based Standard Chartered PLC, has closed a PKR 600 million (USD 6.95 million), two-year loan to Tameer Micro Finance Bank Limited, a licensed commercial bank that provides microfinance services in Pakistan. As of December 31, 2008, Tameer has total assets of USD 29.1 million, a gross loan portfolio of USD 11.5 million and 43,000 active borrowers.