Women Advancing Microfinance – New York (WAM-NY), a US-based organization that supports women working in microfinance, has announced that it is offering scholarships for selected women to attend training programs to strengthen their skills and access leadership opportunities.
Search Results for: Ghana
MICROCAPITAL BRIEF: Advans SA Opens Microfinance Institution Advans Cote d’Ivoire, International Finance Corporation (IFC) Invests $1m in Equity
Advans SA, a microfinance investment vehicle managed by Horus Development Finance of France, has announced that it has opened the first branch of its fifth microfinance institution (MFI), Advans Cote d’Ivoire, in Abidjan, the capital of the country.
MICROCAPITAL BRIEF: Mobile Handset Initiated Transactions (mHITs) of Australia Expands Remittance Service to the Philippines
Australian micropayment service provider Mobile Handset Initiated Transactions (mHITs) announced that it has partnered with micropayment service provider GCash to deploy an “international remittance corridor to the Philippines” that allows account holders in Australiato send funds to mobile wallet users in the Philippines.
MICROFINANCE EVENT: Sixth Annual University of Pennsylvania Microfinance Conference, “Microfinance 2.0: An Agenda for Revival”, March 24, 2012, Philadelphia, USA
Event Name: Sixth Annual Penn Microfinance Conference “Microfinance 2.0: An Agenda for Revival”
Event Date: March 24, 2012
Event Location: Jon M Huntsman Hall, The Wharton School, University of Pennsylvania, 3730 Walnut Street, Philadelphia, Pennsylvania, USA
MICROCAPITAL BRIEF: Microinsurance Equity Fund LeapFrog Investments Hires David Steel, Niclas Thelander
LeapFrog Investments, a Mauritius-based for-profit equity fund investing in microinsurance, has announced two new hires.
MICROCAPITAL BRIEF: Airtel, uniBank, Star Microinsurance Offer Free Life Insurance to Customers of Airtel Mobile Money
Commercial bank uniBank Ghana Limited reportedly has partnered with the local arm of telecommunications firm Airtel and Ghana-based insurance provider Star Microinsurance Services Limited to offer free life insurance coverage to subscribers of the mobile commerce product Airtel Money.
MICROFINANCE EVENT: Cracking the Nut 2012: Attracting Private Sector Investment to Rural and Agricultural Markets, Washington, DC, United States, June 25-26, 2012
Event Name: Cracking the Nut 2012: Attracting Private Sector Investment to Rural and Agricultural Markets
Event Date: June 25 – June 26, 2012
Event Location: Enrique V Iglesias Conference Center, Washington, DC, United States
MICROCAPITAL BRIEF: Pulse Financial Services, Rebranded As Entrepreneur Financial Centre, Aims to Disburse $12m to Zambian Microenterprises in 2012
Pulse Financial Services Limited (PFSL), a Zambian deposit-taking microfinance institution (MFI), was recently rebranded as Entrepreneur Financial Centre (EFC).
MICROCAPITAL BRIEF: Triodos, Women’s World Banking to Co-Manage $30m Isis Microfinance Fund
Triodos Investment Management, which manages funds that invest in venture capital and social finance, has announced that it will act as co-investment manager alongside Women’s World Banking Asset Management for Isis Fund, an equity fund that aims to increase access to finance for women around the world.
MICROCAPITAL BRIEF: People’s Bank of China, PlaNet Finance Research Project Aims to Upgrade Microfinance Risk Management
The People’s Bank of China, the central bank of the People’s Republic of China, and PlaNet Finance, a France-based nongovernmental organization, plan to carry out a study on “Expanding the Short and Medium Term Notes Market to Microcredit Companies in China.”
MICROCAPITAL BRIEF: People’s Bank of China, PlaNet Finance Research Project Aims to Upgrade Microfinance Risk Management
The People’s Bank of China, the central bank of the People’s Republic of China, and PlaNet Finance, a France-based nongovernmental organization, plan to carry out a study on “Expanding the Short and Medium Term Notes Market to Microcredit Companies in China.”
MICROCAPITAL BRIEF: Rural Impulse Fund II, MicroVest II, ASN-Novib Fund Purchase 45% Stake In Arnur Credit Microfinance Institution of Kazakhstan
Rural Impulse Fund II, a Belgian microfinance investment vehicle managed by Incofin Investment Management; MicroVest II, a US-based equity fund managed by MicroVest Capital Management, and ASN-Novib fund, a Dutch microfinance investment vehicle managed by Triple Jump, have taken stakes totaling 45 – percent ownership in Arnur Credit, a microfinance institution (MFI) based in Kazakhstan.
MICROCAPITAL BRIEF: Tanzania to Introduce Microfinance Act, Establish Credit Bureau, Offer Financial Education
The Tanzanian government has begun drafting a Microfinance Act that will provide a legal, regulatory and supervisory framework for microfinance operations, according to a statement attributed to Harry Ndambala, manager of the microfinance supervision department of the Bank of Tanzania, the central bank of the country.
MICROCAPITAL BRIEF: FirstBank of Nigeria, Airtel Nigeria, GLO Nigeria, Etisalat Nigeria to Partner On Mobile Money
FirstBank of Nigeria PLC (FirstBank), a financial service provider in Nigeria, has signed a memorandum of understanding (MoU) with Airtel Networks Limited (Airtel Nigeria), Globacom Limited Nigeria (GLO) and Etisalat Nigeria, three mobile phone service providers, to work together in an effort to provide secure, affordable and user-friendly mobile financial services in Nigeria.
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.
MICROCAPITAL BRIEF: MFTransparency Releases Microfinance Pricing Data for Mozambique
On February 6, 2012, as part of its Transparent Pricing Initiative US-based NGO MFTransparency released microloan pricing data from microlenders in Mozambique.
MICROCAPITAL BRIEF: Nederlandse Financierings-Maatschappijvoor Ontwikkelingslanden NV (FMO), Triodos Bank Launch Online “Responsible Finance” Magazine
Nederlandse Financierings-Maatschappijvoor Ontwikkelingslanden NV (FMO), a Dutch development bank, has partnered with Triodos Bank, a company with branches in the Netherlands, Belgium, Germany, the United Kingdom, and Spain, to start an online magazine Upsides (www.upsides.com) focusing on responsible finance and sustainable development in emerging markets.
MICROCAPITAL BRIEF: Advans, International Finance Corporation (IFC), KfW Bankengruppe, FMO to Start La Fayette Microfinance Bank in Nigeria with $6.2m in Equity Investments
Advans SA, a Luxembourg-based microfinance investment vehicle, has partnered with the International Finance Corporation (IFC), a US-based member of the World Bank Group; KfW Bankengruppe, a German development bank; and Nederlandse Financierings-Maatschappijvoor Ontwikkelingslanden NV (FMO), a Netherlands-based public-private development bank, to create a microfinance bank in Oyo State, Nigeria.