by Renata Samadova -

MICROFINANCE PAPER WRAP-UP: “Remote Coaching to Prevent Dormancy Among Low-income Savers,” by Scott Graham et al, Published by WSBI

This report addresses the phenomenon of “dormancy” in the savings accounts of new owners of financial accounts, whereby the newly established accounts go unused after initial deposits are complete. The authors describe the use of coaching – via phone calls and SMS messages – to increase

by the MicroCapital Team -

MICROCAPITAL BRIEF: Kiva Refugee Investment Fund Lending $1.5m to FINCA Guatemala to Support Returning Migrants

FINCA Guatemala, whose name derives from that of the US-based Foundation for International Community Assistance (FINCA International), recently agreed to borrow USD 1.5 million over two years from the Kiva Refugee Investment Fund, which is managed by Kiva Capital, a unit of the US-based NGO Kiva. The goal is to expand lending to “Guatemalan migrants returning

by Bradley Shulman -

MICROCAPITAL BRIEF: FINCA DRC, Flash International Partner to Expand Mobile Access to Financial Services in Congo

FINCA Democratic Republic of Congo (DRC), a subsidiary of US-based FINCA Impact Finance, recently announced a partnership with Flash International, a DRC-based financial technology (fintech) company. FINCA customers will gain access to Flash App, Flash International’s mobile financial services platform, while Flash customers will

by Anuhya Tadepalli -

MICROCAPITAL BRIEF: Grameen Credit Agricole Foundation, CoopMed Loan $2m to FINCA Jordan for Microfinance Lending

The Grameen Credit Agricole (GCA) Foundation, whose head office is in Luxembourg, recently partnered with CoopMed Fund, which is managed by Inpulse Investment Manager of Belgium, to loan a total of USD 2 million to FINCA Jordan, an affiliate of the Foundation for International Community Assistance (FINCA International), a US-based nonprofit that seeks to

by Kevin van den Brink -

MICROCAPITAL BRIEF: Microfinance Network FINCA International Appoints Andree Simon as Co-CEO

The Foundation for International Community Assistance (FINCA International), a US-based nonprofit with microfinance operations in 23 countries, recently announced the promotion of Andrée Simon to the position of co-CEO of FINCA Microfinance Holding LLC (MFH), FINCA’s International’s network of microfinance subsidiaries.

by Rick Altieri -

MICROFINANCE BRIEF: ResponsAbility Microfinance Leaders Fund (rAMLF) Loans $2.5m to FINCA Kyrgyzstan, $500k to HUMO and Partners of Tajikistan

Switzerland’s responsAbility social investments recently reported to MicroCapital that its Microfinance Leaders Fund (rAMLF) has loaned USD 2.5 million to FINCA Kyrgyzstan and USD 500,000 to HUMO and Partners of Tajikistan.