DEADLINE: February 3, 2012 Countries/Region:Colombia,Peru WWB is an international microfinance support organization and network of 39 microfinance institutions in 27 countries. The mission of WWB is to expand the economic assets, participation and power of low-income women and their households by … [Read more...] about Gender Consultant for Women in Rural Economy Research in Latin America-Women’s World Banking (WWB)
Global Partnerships lends $2.5M to two Colombian MFIs
A loan of $2.5 million is extended to two Colombian MFIs, by Social Investor Global Partnerships. The two MFISs receiving the loan are Fundación Amanecer and Contactar. Global Partnerships’ Social Investment Fund 2010 (SIF 2010), which is a five-year, $25 million debt fund, has provided the … [Read more...] about Global Partnerships lends $2.5M to two Colombian MFIs
Pakistan Poverty Alleviation Fund invests in Jinnah Welfare Society
Pakistan Poverty Alleviation Fund (PPAF) has started an equity fund that will be invested in microfinance institutions. This fund will help PPAF reach its goal of making commercial financing easily accessible and increasing growth in rural areas. The MFIs will be judged by third parties, and only … [Read more...] about Pakistan Poverty Alleviation Fund invests in Jinnah Welfare Society
Norwegian microfinance fund leads Rs.250 Million equity investment in Utkarsh
An INR 250 Million Series B investment in Utkarsh Microfinance Pvt. Limited has been led by the Norwegian Microfinance Initiative’s Frontier Fund KS. Utkarsh is a Non-Banking Finance Company (NBFC), with operations in 13 districts of Uttar Pradesh and Bihar. It has a client base of 57, 000, with a … [Read more...] about Norwegian microfinance fund leads Rs.250 Million equity investment in Utkarsh
Iraq’s microfinance institutions to hold conference on financial inclusion
An Inclusive Financial Services Stakeholders Conference will be held in Erbil on October 3 and 4. The USAID-Tijara Provincial Economic Growth Program, along with Iraq’s 12 institutions who deal with microfinance, will be holding the conference. The theme for the conference is ‘Transforming Inclusive … [Read more...] about Iraq’s microfinance institutions to hold conference on financial inclusion
Grameen Foundation and USAID Providing $3 Million for Peruvian Microfinance Institutions
According to an announcement made by Grameen Foundation and the U.S. Agency for International Development (USAID), they would be providing a credit guarantee of $1.5 million to the Peruvian savings and credit cooperative, Cooperativa de Ahorro y Credito (ABACO), to help it support almost $3 million … [Read more...] about Grameen Foundation and USAID Providing $3 Million for Peruvian Microfinance Institutions
The MasterCard Foundation and UNCDF Launch MicroLead Expansion Program
The MasterCard Foundation and UN Capital Development Fund (UNCDF) have started the expansion plan for the MicroLead program that has already proved its success in the recent past. The launching of the new expansion plan came at the 5th Annual African Microfinance Conference in Addis Ababa, Ethiopia. … [Read more...] about The MasterCard Foundation and UNCDF Launch MicroLead Expansion Program
USAID signs microfinance guarantee agreement with Bank Muamalat, first of its kind with an Islamic financial institution worldwide
USAID recently signed a loan guarantee agreement with Bank Mulamalat, Indonesia’s oldest Islamic bank, enabling low-income women in that country to apply for microfinance loans. This $1.15 million agreement is USAID’s first-ever finance guarantee program with an Islamic financial institution … [Read more...] about USAID signs microfinance guarantee agreement with Bank Muamalat, first of its kind with an Islamic financial institution worldwide
Microfinance Capacity Building Fund: First call for proposals to improve the outreach of microfinance for the benefit of poor and low-income people in Africa
Microfinance in Africa is a powerful tool aimed at promoting economic growth and generating employment, yet the sector is fragile and its outreach is limited: only 1 in 5 households has a deposit account with a regulated financial institution, compared to an average of 1.5 in 5 in other developing … [Read more...] about Microfinance Capacity Building Fund: First call for proposals to improve the outreach of microfinance for the benefit of poor and low-income people in Africa
AfDB, Government of Spain launch the Microfinance Capacity Building Fund for Africa
Source: http://www.mbendi.com/a_sndmsg/news_view.asp?I=117206&PG=35 The African Development Bank Group (AfDB) and Government of Spain have launched the Microfinance Capacity Building Fund for Africa, aimed towards strengthening capacity building efforts in the financial sector to help … [Read more...] about AfDB, Government of Spain launch the Microfinance Capacity Building Fund for Africa
