MICROFINANCE EVENT: United States Agency for International Development (USAID) Hosts Online Discussion Forum, “Mainstreaming Gender in Microfinance,” on Microenterprise Learning Information and Knowledge Sharing (microLINKS), Knowledge-Driven International Development (KDID) Portal

Event Name: microLINKS Speakers Corner #42: Mainstreaming Gender in Microfinance

Event Date: February 22 – February 24, 2011

Event Location: Online

MICROCAPITAL BRIEF: BNP Paribas Loans $4.65m to The Lead Foundation to Support Microfinance in Egypt, United States Agency for International Development Egypt (USAID/Egypt) Guarantees 50% of Principal

The United States Agency for International Development’s Egypt branch (USAID/Egypt), a division of USAID aimed at supporting economic development in Egypt, and BNP Paribas, a financial services provider based in France, recently agreed to a deal that has BNP Paribas loaning EGP 27 million (USD 4.65 million) to The Lead Foundation (Lead), an Egyptian microfinance NGO that was founded in part by USAID. USAID/Egypt is guaranteeing 50 percent of the principal amount.

MICROCAPITAL BRIEF: Standard Chartered Bank Tanzania Arranges, USAID Guarantees Local-Currency Bond for Tanzanian Microfinance Institution (MFI) Promotion for Rural Initiatives and Enterprise Limited (PRIDE Tanzania)

Standard Chartered Bank Tanzania, a division of the London-based international bank Standard Chartered PLC, recently arranged a bond issue for Tanzanian microfinance institution (MFI) Promotion for Rural Initiatives and Enterprise Limited (PRIDE Tanzania), which is reportedly the first MFI bond ever issued on the Tanzania Stock Exchange.

MICROFINANCE EVENT: USAID-Tijara to Hold Inclusive Financial Services Stakeholders’ Conference 2010 in Erbil, Iraq, November 28-30, 2010

Event Name: Inclusive Financial Services Stakeholders’ Conference 2010. “Putting the Poor First: Improving the Regulatory Environment, Industry Infrastructure, and Institutional Performance for Greater Impact”

Event Date: November 28-30, 2010

Event Location: Erbil, Iraq

MICROCAPITAL EVENT: United States Agency for International Development (USAID)-Tijara Provincial Economic Growth Program Sponsors Inclusive Financial Services Stakeholders’ Conference 2010, Dokan – Sulamaniyah, Iraq, December 1 – 3, 2010

Event Name: Inclusive Financial Services Stakeholders’ Conference 2010

Event Date: December 1 – December 3, 2010

Event Location: Dokan-Sulamaniyah, Iraq

MICROCAPITAL BRIEF: United States Agency for International Development (USAID)-Tijara Microfinance Institution Partner Tal’afar Economic Development Center Launches New Agricultural Loan Product in Ninawa, Iraq

The Tal’afar Economic Development Center (TEDC), a microfinance institution partner of the United States Agency for International Development (USAID)-Tijara, an Iraq-based organization funded by USAID which promotes economic development in Iraq, has launched a new agricultural loan product in the Iraqi province of Ninawa.

MICROCAPITAL BRIEF: United States Agency for International Development (USAID)-Tijara’s Iraqi Youth Initiative to Provide $4.4m in Microfinance Loans, Opens First Office in Anbar

In Anbar province, the United States Agency for International Development (USAID)-Tijara, an Iraq-based organization funded by USAID which promotes economic development in Iraq, opened its first Iraqi Youth Initiative office.

SPECIAL REPORT: The United States Agency for International Development (USAID) Launches The Knowledge-Driven International Development (KDID) Portal to Encourage Greater Effectiveness of Development Knowledge

The Knowledge-Driven International Development (KDID) Portal is a family of websites established to maximize the effectiveness of economic development assistance by connecting development practitioners to spread innovation and good practice.

MICROCAPITAL BRIEF: Southern Sudan Holds Microfinance Conference with Sponsorship from United States Agency for International Development (USAID)

With sponsorship from the United States Agency for International Development (USAID), a government agency that provides international economic and humanitarian assistance, Southern Sudan recently held what was billed as its first microfinance conference. The aim of the conference, which was held in the regional capital of Juba, was to provide a forum for stakeholders to exchange views about the status of microfinance in Southern Sudan and to develop a strategy to improve microfinance in the region.

MICROFINANCE PAPER WRAP-UP: The State of Iraq’s Microfinance Industry by The Louis Berger Group Incorporated, Produced for the US Agency for International Development (USAID)

By The Louis Berger Group Incorporated, produced for the US Agency for International Development (USAID), June 2010, 56 pages, available at: http://www.imfi.org/files/StateOfIMFI_USAID_en.pdf

The authors of this paper report that Iraq’s microfinance industry was established in 2003 and is now comprised of 14 microfinance institutions (MFIs) spread out over Iraq’s 18 provinces.

MICROCAPITAL BRIEF: The United States Agency for International Development (USAID)-Tijara Commences “Provincial Economic Growth Program,” Targeting Youth Employment in Iraq

The United States Agency for International Development (USAID)-Tijara an initiative to promote private sector growth and employment in Iraq, has announced the commencement of its Provincial Economic Growth Program, intended to “offer young Iraqis living in underserved or impoverished areas essential business skills, entrepreneurial opportunities and the chance to qualify for loans to start their own businesses” [1].

MICROCAPITAL BRIEF: United States Agency for International Development (USAID) to Issue $10m Bond to Fund PRIDE Tanzania Microfinance Loans to Women

The United States Agency for International Development (USAID), a US government agency that provides international economic and humanitarian assistance, has announced its intention to issue a USD 10 million bond to fund Promotion of Rural Initiative and Development Enterprises Limited (PRIDE Tanzania), a microfinance institution established in 1994, to make loans to women in Tanzania. Mr Alfonso Lenhardt, the US ambassador to Tanzania, said, “I have observed that when women are given loans they use the money wisely, have the perfect business spirit, support the community and finally repay the funds to the bank.”

MICROCAPITAL BRIEF: Microfinance Institution Tuba Rai Metin Grows in Timor-Leste with Consulting from BASIX Group of India and Support from the INFUSE Program of the United Nations and Australian Agency for International Development (AusAID)

A press release from the United Nations Development Program (UNDP) reports that the microfinance institution (MFI) Tuba Rai Metin (TRM) is quickly growing in Timor-Leste. TRM, which was started in 2002, has reportedly enlarged its client base by 25 percent since the start of 2010. TRM provides loans and savings services to over 3,000 clients, 100 percent of which are women. According to the MIX Market, the microfinance information clearinghouse, TRM had total assets of USD 753,000, a gross loan portfolio of USD 437,000 and 2,838 borrowers as of 2009.

MICROCAPITAL BRIEF: Gates Foundation, USAID Offer $15m to Initiators of Mobile Money Services in Haiti

The US-based Bill and Melinda Gates Foundation and the US Agency for International Development (AID) have announced a USD 15 million fund to encourage companies to initiate mobile financial services in Haiti.

MICROCAPITAL BRIEF: USAID-Tijara Announces Opening of Iraq’s 100th Microfinance Branch Location

The US Agency for International Development (USAID)-Tijara, an economic growth organization with a five-year mandate to promote private sector growth and employment in Iraq, has released a statement announcing the establishment of Iraq’s 100th microfinance branch location.

MICROFINANCE EVENT: United States Agency for International Development (USAID) Speaker’s Corner on Microfinance and Energy to Be Hosted Online From May 11 to May 13, 2010

Event Name: United States Agency for International Development (USAID) Speaker’s Corner 37: Microfinance and Energy: Scaling Up Energy Access Through Enterprise-Based Approaches and Innovative Financing

Event Date: May 11 to May 13, 2010

Event Location: Online forum

Event Website: http://microlinks.kdid.org/events/speakers-corner-37-microfinance-and-energy-scaling-energy-access-through-enterprise-based-app

See Our Comprehensive Event Calendar Here: http://microfinanceassociation.ning.com/events

Cost: Free

MICROCAPITAL BRIEF: United States Agency for International Development (USAID) Budgets $4 m for USAID-Tijara Microfinance Program in Iraq

The United States Agency for International Development (USAID), an federal agency that provides global economic and humanitarian assistance, has announced a USD 4.45 million grant to USAID-Tijara, a microfinance program based in Iraq [1]. USAID founded USAID-Tijara, which means “trade” in Arabic [2], in 2007 as a five-year program intended to combat unemployment [3]. Three years into the program, national unemployment remains at 30 percent.

MICROFINANCE EVENT: “Microfinance & Islamic Finance: The Nexus” Organized by USAID – Microenterprise Development Office in Washington DC, USA, January 13, 2010

Event Name: Microfinance & Islamic Finance: The Nexus

Event Description: This event is part of the USAID Microfinance After Hours Seminar Series, held by the USAID Microenterprise Development Office. The seminar features Professor Ibrahim Warde from Tufts University, who will discuss the intersection between microfinance and Islamic finance.