Microcredit Foundation Mi-Bospo of Bosnia and Herzegovina recently agreed to borrow EUR 2 million (USD 2.2 million) from the Grameen Credit Agricole (GCA) Foundation, which has offices in France and Luxembourg. Mi-Bospo serves 26,000 clients, mostly women who live in rural areas. Its offerings include
Tag: Microfinance Institution
MICROCAPITAL BRIEF: Grameen Credit Agricole Foundation Lends $700k to LAPO SL for Microlending to Women in Sierra Leone
The Grameen Credit Agricole (GCA) Foundation has announced it lent approximately USD 700,000 to Lift Above Poverty Organization (LAPO) Microfinance Company SL, which is located in Sierra Leone, mainly serving women in rural areas. Its product lineup includes savings accounts as
MICROFINANCE PAPER WRAP-UP: “Microfinance Clients Facing the COVID-19 Crisis: From Findings to Action for MFIs;” by Mathilde Bauwin, Thu Hien Dao; Published by ADA
This paper explores the impact of the COVID-19 pandemic on clients of microfinance institutions (MFIs) in terms of: “Which client segments are most affected? How are they coping with the situation? What are they doing to
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
SPECIAL REPORT: “Conference Report: European Microfinance Week 2018,” published by European Microfinance Platform (e-MFP)
This is a summary of a report presented by Laura Hemrika and Christoph Pausch; published by the European Microfinance Platform (e-MFP); March 2019; 92 pages available at:
http://www.european-microfinance-week.eu/_dbfiles/lacentrale_files/1000/1085/e-MFPrapport-2018-web.pdf
European Microfinance Week 2018 featured 450 attendees from 69 countries discussing a wide range of topics, focusing on “digital inclusive finance.” This included how to expand and improve
MICROCAPITAL BRIEF: Microfinance Institution (MFI) Kafo-Jiginew of Mali Borrows $3.4m from Grameen Credit Agricole Foundation
Kafo-Jiginew, a microfinance institution (MFI) in Mali, has borrowed EUR 3 million (USD 3.4 million) from the Luxembourg-based Grameen Credit Agricole (GCA) Foundation to support microlending in Mali. Kafo-Jiginew, which is organized as a credit union, seeks to