Event Name: microLINKS Speakers Corner #42: Mainstreaming Gender in Microfinance
Event Date: February 22 – February 24, 2011
Event Location: Online
Event Name: microLINKS Speakers Corner #42: Mainstreaming Gender in Microfinance
Event Date: February 22 – February 24, 2011
Event Location: Online
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.
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.
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
Event Name: Inclusive Financial Services Stakeholders’ Conference 2010
Event Date: December 1 – December 3, 2010
Event Location: Dokan-Sulamaniyah, 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.
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.
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.
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.
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.
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].
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.”
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.
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.
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.
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
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Cost: Free
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.
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.