Alliance Microfinance, an NGO owned by The Mission Alliance of Norway, recently committed USD 2 million in equity to assist Banco D-Miro of Ecuador in renegotiating USD 80 million in loans to achieve “reduced interest expense and extended amortization.” The Mission Alliance
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SPECIAL REPORT: Mekong Financial Inclusion Forum: Overview of the Region
In anticipation of the recently announced Asia-Pacific Financial Inclusion Forum, which will be held in Hanoi, Viet Nam, on March 21 and March 22, 2017, MicroCapital is launching a series of stories from the Banking with the Poor Network‘s Mekong Financial Inclusion Forum, which was held in July 2016. The Foundation for Development Cooperation engaged MicroCapital to assist in documenting the event.
Ms. 
Nina Nayar, Associate of the Foundation for Development Cooperation, opened the session reviewing microfinance products and market segments in the region. She described the evolution from “credit and basic savings” years ago to today’s array of credit, savings, insurance, money transfer and other services for individuals as well as micro, small and medium enterprises (MSMEs). These include “a whole slew of innovations” such as payment cards and automated teller machines. She argued that new products are in demand by many segments of often-excluded people: farmers, people in conflict areas, minorities, youth, urban informal workers, migrants and single mothers. At the same time, fear and lack of confidence often
MICROCAPITAL BRIEF: Thailand’s Bank of Ayudhya (Krungsri) Acquires Cambodian Microfinance Institution Hattha Kaksekar Limited (HKL)
The Bank of Ayudhya (Krungsri), a Thailand-based subsidiary of the Bank of Tokyo-Mitsubishi, recently acquired 100-percent interest in Hattha Kaksekar Limited (KHL), a microfinance institution (MFI) based in Phnom Penh, Cambodia.
MICROCAPITAL BRIEF: BlueOrchard Launches $120m Japan ASEAN Women Empowerment Fund to Invest in Southeast Asian Microfinance Institutions
BlueOrchard Finance, a Switzerland-based commercial manager of “impact” investments, recently announced the launch of its Japan Association of Southeast Asian Nations (ASEAN) Women Empowerment Fund, which plans to invest USD 120 million in microfinance institutions (MFIs) focused on lending to female micro- and small-scale entrepreneurs in ASEAN countries.
MICROFINANCE PAPER WRAP-UP: 2016 Brookings Financial and Digital Inclusion Project Report; by John Villasenor, Darrell West, Robin Lewis
“The 2016 Brookings Financial and Digital Inclusion Project Report Advancing Equitable Financial Ecosystems;” by John D. Villasenor, Darrell M. West and Robin J. Lewis; published by the Center for Technology Innovation at the Brookings Institution; August 2016; 146 pages;
MICROFINANCE EVENT: BWTP, FDC, ADA, UNCDF, ADB to Co-host “Mekong Financial Inclusion Forum”, July 11-14, 2016, Phnom Penh, Cambodia
Event Name: Mekong Financial Inclusion Forum
Event Dates: July 11-14, 2016
Event Location: Intercontinental Hotel, Phnom Penh, Cambodia
MICROFINANCE PUBLICATION ROUND-UP: Financing Necessary for SMEs to Grow; Microfinance Challenges in the Arab World; Incofin on MFIs’ Social Performance
“ADB Report: Asia SME Finance Monitor 2014;” by S. Shinozaki, T. Chaiken, S. Jain, K. Dorofev, C. T. Delos Santos and J. Bautista; published by the Asian Development Bank (ADB); September 2015; 318 pages; available at: http://www.adb.org/sites/default/files/publication/173205/asia-sme-finance-monitor2014.pdf
MICROCAPITAL BRIEF: Luxembourg Directorate for Development and Cooperation (LuxDev) Donates $219k to Support Microfinance Institution (MFI) Asusu Of Niger to Train 550 Young Entrepreneurs
The Luxembourg Directorate for Development and Cooperation (LuxDev), a government-owned institution encouraging international development, has awarded a donation of EUR 200,000 (USD 218,000) to ADA, a Luxembourg-based nonprofit organization formerly known as Appui au Developpement Autonome. The donation is intended to assist Asusu, a Niger-based microfinance institution (MFI).
MICROCAPITAL BRIEF: European Bank for Reconstruction and Development (EBRD) Sells Dai-ichi Life Insurance $100m in Microfinance Bonds
The European Bank for Reconstruction and Development (EBRD), a multilateral institution headquartered in London, recently announced that it has sold ten-year microfinance bonds valued at MXN 1.7 billion (USD 100 million) to Japan’s Dai-ichi Life Insurance Company, a firm that offers life, property and casualty insurance as well as investment trust and related services.
MICROCAPITAL BRIEF: Base of Pyramid Asia (BOPA) Raises Equity Stake in Alliance for Microfinance in Myanmar (AMFIM) from 33% to 49%
Base of Pyramid Asia (BOPA), a Singapore-based equity investor in small microfinance institutions (MFIs) in Asia, recently purchased an additional equity stake of 16-percent in Alliance for Microfinance in Myanmar (AMFIM), a deposit-taking microfinance institution (MFI) that was launched in Myanmar in 2014.
MICROCAPITAL BRIEF: Base of Pyramid Asia (BOPA) Buys 20% Equity Stake in Microfinance Deposit Organization Matin of Tajikistan
For an undisclosed price, Base of Pyramid Asia (BOPA), a Singapore-based equity investor in small, Asian microfinance institutions (MFIs), recently purchased a 20-percent stake in Matin, a Tajikistan-based microfinance deposit organization (MDO).
MICROCAPITAL BRIEF: Base of the Pyramid Asia (BOPA) of Singapore Invests $1m in Convertible Debt into Cambodian Microfinance Institution (MFI) Chamroeun
Base of the Pyramid Asia (BOPA), a Singapore-based equity investor in small Asian microfinance institutions (MFIs), recently reported to MicroCapital that it has disbursed USD 1 million in subordinated, convertible debt to Cambodian MFI Chamroeun Microfinance Limited.
MICROCAPITAL BRIEF: Asian Credit Fund of Kazakhstan Raises Equity from Employee-Owned Karavella, Base of the Pyramid Asia (BOPA)
Asian Credit Fund (ACF), a microfinance institution (MFI) based in Kazakhstan, recently informed MicroCapital that it has raised an undisclosed amount of cash through a second round of equity financing.
MICROCAPITAL BRIEF: Base of Pyramid Asia (BOPA) Buys 25% Equity Stake in Microfinance Institution Elet-Capital of Kyrgyzstan
For an undisclosed price, Base of Pyramid Asia (BOPA), a Singapore-based equity investor in small, Asian microfinance institutions (MFIs), recently purchased a 25-percent stake in Elet-Capital, a Kyrgyzstan-based MFI.
MICROCAPITAL BRIEF: International Finance Corporation (IFC), Government of Guinea-Bissau to Promote Leasing to Small, Medium-sized Enterprise
The International Finance Corporation (IFC), a member of the US-based World Bank Group that offers financial services to businesses and governments in developing countries with the aim of increasing economic growth, recently announced that it has signed a cooperation agreement with the government of Guinea-Bissau.
MICROCAPITAL BRIEF: International Finance Corporation (IFC) Loans $40m to Banco Internacional of Ecuador for On-lending to Small, Medium Enterprises (SMEs), Women-Owned Businesses
The International Finance Corporation (IFC), a member of the US-based World Bank Group that offers financial services to businesses and governments in developing countries with the aim of increasing economic growth, recently announced that it has lent USD 40 million to Banco Internacional, a commercial bank in Ecuador.
MICROCAPITAL BRIEF: Base of Pyramid Asia (BOPA) Buys 33% Equity Stake in Alliance for Microfinance in Myanmar (AMFIM)
For an undisclosed price, Base of Pyramid Asia (BOPA), a Singapore-based equity investor in small microfinance institutions (MFIs) in Asia, recently purchased a 33-percent stake in the Alliance for Microfinance in Myanmar (AMFIM), a deposit-taking MFI that was launched in Myanmar in 2014.
MICROCAPITAL BRIEF: International Finance Corporation (IFC) Sells Dai-ichi Life Insurance Company of Japan $100m in “Inclusive Business Bonds”
The International Finance Corporation (IFC), a member of the US-based World Bank Group that offers financial services to businesses and governments in developing countries with the aim of increasing economic growth, recently announced that it has sold five-year “inclusive business bonds” valued at MXN 1.5 billion (USD 100 million) to Japan’s Dai-ichi Life Insurance Company (Dai-ichi Life), a firm that offers life, property and casualty insurance as well as investment trust and related services.