The International Finance Corporation (IFC), a member of the World Bank Group that was created to support private-sector development, reportedly has loaned EUR 30.5 million (USD 37.4 million) to the International Bank for Trade and Industry of Cote d’Ivoire (BICICI), a subsidiary of French bank BNP Paribas.
Search Results for: MFW
MICROCAPITAL BRIEF: Smart Payment Solutions to Offer Debit, Prepaid Cards in Zimbabwe
Smart Payment Solutions, a Zimbabwe-based company, is introducing a cashless banking system that will allow paperless transactions through the use of prepaid and debit cards issued through retail and community agents. The fee structure and related details are unavailable.
MICROCAPITAL BRIEF: Microfund for Women Offers Health Insurance Coverage to Microfinance Borrowers’ Families in Jordan
The Microfund for Women (MFW), a Jordanian microfinance institution serving microentrepreneurs, has extended health insurance coverage to family members of its clients as part of the second phase of its Caregiver Program, which helps to defray expenses associated with hospitalization.
MICROCAPITAL BRIEF: Government of Angola to Invest $2b in Small and Medium-Sized Enterprises (SMEs)
Making Finance Work for Africa, a partnership established in 2007 to facilitate financial sector development among African governments and the private sector, recently announced that the government of Angola is investing EUR 1.5 billion (USD 2 billion) in small and medium-sized enterprises (SMEs) through lending at subsidized interest rates, tax rebates and support for the technology sector.
MICROCAPITAL BRIEF: Savings Continue to Dominate; Aspirations for Financial Inclusion in Africa
Two US-based nonprofits, the CGAP (Consultative Group to Assist the Poor) and Microfinance Information Exchange (MIX), recently released the “2011 Regional Snapshot of Microfinance Analysis and Key Trends in Africa’.
MICROFINANCE EVENT: Invest in Mekong Region Marketplace, Siem Reap, Cambodia, February 23, 2012
Event Name: Invest in Mekong Region Marketplace
Event Date: February 23, 2012
Event Location: Khemara Angkor Hotel, Siem Reap, Cambodia
MICROCAPITAL BRIEF: Jordan’s Microfund for Women Launches Gender-Sensitive Microinsurance Product, Caregiver, in Partnership with Women’s World Banking (WWB)
Jordan’s Microfund for Women (MFW), a Jordanian microfinance program for women, has recently launched a microinsurance product, CareGiver, with its partner Women’s World Bank (WWB). The insurance policies are being provided to MFW borrowers, who pay a monthly premium with their loan repayment.
MICROFINANCE EVENT: Promoting Financial Capability and Consumer Protection – A Step Forward Towards Financial Inclusion in Africa, 8-9 September 2009 in Accra, Ghana, Organized by German Development Cooperation, the World Bank, United Kingdom Department for International Development (DFID) and United States Agency for International Development (USAID)
Event Name: Promoting Financial Capability and Consumer Protection – A Step Forward Towards Financial Inclusion in Africa
Event Description: Conference
See Our Comprehensive Event Calendar Here: http://microfinanceassociation.ning.com/events
Cost: Not available. Please inquire with the contact person provided below.
Summary of Event: The two-day conference aims to discuss whether and how financial inclusion can be strengthened, share and learn from individual country experiences, and establish a roadmap that will define the roles and responsibilities of all stakeholders.
MICROCAPITAL STORY: Spanish Agency for International Cooperation (AECID) Provides US$ 8.6 million in Funding for Jordan’s Microfund for Women
The Spanish government provided funds of Euro 6 million (USD 8.6 million) to the Microfund for Women, a Jordanian microfinance institution. Under an agreement signed on December 15, 2008 at the Ministry of Planning and International Cooperation, the Spanish Agency for International Cooperation (AECID) provided the Microfund for Women with the funds, providing additional support to the Jordanian microfinance sector, which accounts for approximately 20 percent of the of its gross domestic product (GDP). This is not the first time that the Spanish government has funded Jordanian microfinance in 2008. In February AECID provided the National Microfinance Bank (NMB) with Euro 5 million (USD 7.2 million) and the Micro Credit Company (Tamweelcom) with Euro 4 million (USD 5.74 million).
MICROFINANCE EVENT: Panel Discussion: The Role of Credit Rating Agencies in Microfinance
THE ROLE OF CREDIT RATING AGENCIES IN MICROFINANCE
MICROFINANCE EVENT: Making Finance Work for Africa Meeting in Ghana in June
MAKING FINANCE WORK FOR AFRICA – PARTNERSHIP MEETING
JUNE 17 – JUNE 18, 2008, ACCRA, GHANA
The Partnership for Making Finance Work for Africa is an initiative to support the efforts of African countries to accelerate economic growth and reduce poverty. This event is to inlcude:
NEWS WIRE: Cameroon: African Policymakers Spotlight Microfinance at Central Africa Policy Forum
Source: African Press Organization.
MICROFINANCE EVENT: Overseas Private Investment Corporation’s (OPIC) Middle East Conference to Include Microfinance
ACCESS TO OPPORTUNITY IN THE MIDDLE EAST
MAY 5-7, 2008, KEMPINSKI HOTEL ISHTAR, DEAD SEA, JORDAN
The Overseas Private Investment Corporation (OPIC), a self-funded US government agency with 2006 total assets of USD 6.3 million promoting economic development and US investment in overseas markets since 1971, will hold a conference “to highlight investment opportunities in the [Middle East], encourage the formation of joint ventures and partnerships between US and local businesses, and facilitate support for new investments,” according to the conference web site. The first day of the two-day conference will include a session entitled “Access to Capital: Microfinancing to SMEs,” which will consist of presentations from managers of Middle Eastern microfinance institutions (MFIs). In attendance will be investment experts, US firms investing in the Middle East, US government officials, and financial institutions operating in the region. Countries to be featured in the conference include Afghanistan, Bahrain, Egypt, Iraq, Israel, Jordan, Kuwait, Lebanon, Oman, the West Bank and Gaza, and Yemen.
MICROFINANCE EVENT: European Microfinance Platform to Host European Microfinance Week 2007 in Luxembourg
EUROPEAN MICROFINANCE WEEK 2007
NOVEMBER 27-29, LUXEMBOURG, LUXEMBOURG
The European Microfinance Platform (e-MFP) will host its 2007 Annual Conference, themed, “European responses to global microfinance challenges” in Luxembourg, Luxembourg.