microfinance Latest News

Novel microfinance fund combines recurring social investment in projects promoting community development with immediate tax deductibility for contributors.

Sankalp authoritatively stamped India as the unarguable leader in the impact investing space.

Ujjivan, one of India’s leading urban poor-focused microfinance institutions, raised USD 25.5 Million equity funding. Two new FIIs, FMO (Netherlands Development Finance Company) and Wolfensohn Capital Partners, and existing investors participated.

AfriVol is recruiting volunteers and Interns for the Development Finance Project. They are looking for students, entrepreneur development officers, microfinance advisors and consultants to join their team.

Tom Coleman, Co-Founder of Bottom Billion Fund, is bringing financial tools and training to the world’s poorest people living on less than $1.25 a day. And he’s doing it one $1.25 donation at a time.

iTrends Software has extended until 20 December 2011 the deadline for submitting of applications for free licence of iBanker. The extension follows requests to that effect received from several heads of microfinance banks in Nigeria.

Novel microfinance fund combines recurring social investment in projects promoting community development with immediate tax deductibility for contributors.

The Full Inside Story of the Founding of Women’s World Banking by its Founding President Michaela Walsh

Vortex Centrum Ltd, the UK based internet publisher of information services for the financial sector and chief officers in commerce has added MicroFinanceNewsNetwork.Com to its portfolio of specialist financial sector titles.

Milaap.org turns 2 in June 2012. We are celebrating 2 years of being the first and currently the only platform that allows anyone from around the globe to make a loan to India's working poor.

Sankalp authoritatively stamped India as the unarguable leader in the impact investing space.

Richard will provide overall leadership to the Intellecap management team and will give special thrust to Intellecaps global expansion plans.

UN-Millennium Development Goal (MDGs) can be achieved by eliminating Poverty through Islamic Microfinance:

Ujjivan, one of India’s leading urban poor-focused microfinance institutions, raised USD 25.5 Million equity funding. Two new FIIs, FMO (Netherlands Development Finance Company) and Wolfensohn Capital Partners, and existing investors participated.

AfriVol is recruiting volunteers and Interns for the Development Finance Project. They are looking for students, entrepreneur development officers, microfinance advisors and consultants to join their team.

IFC supports FINO which aims to increase its reach to 100 million clients in the next three years by linking payments to a broader range of financial services

The Essential Guide to Selecting Excellent Microfinance Management Software explains the important considerations to be taken into account when selecting microfinance solutions.

IFC is helping start-up microfinance institution Utkarsh to grow its operations, primarily in the low-income states of Uttar Pradesh and Bihar, to increase access to finance and microfinance services in relatively under-served areas.

Credit Information Bureau will help strengthen the institutions’ ability to lend responsibly while protecting the interests of borrowers.

Through the partnership IFC will help IntelleCash develop operational tools that can be used by new microfinance institutions to design demand-responsive microfinance services suitable for the client.

Tom Coleman, Co-Founder of Bottom Billion Fund, is bringing financial tools and training to the world’s poorest people living on less than $1.25 a day. And he’s doing it one $1.25 donation at a time.

Ananya Finance to expand microcredit to the states of Bihar, Madhya Pradesh, Rajasthan, Uttar Pradesh, Jharkhand, Orissa and the north-eastern states.

Prestigious institution recognises Box UK’s team for work on World Vision’s Microloans project, in ceremony on 10th November.

iTrends Software has extended until 20 December 2011 the deadline for submitting of applications for free licence of iBanker. The extension follows requests to that effect received from several heads of microfinance banks in Nigeria.

Online microlending social enterprise, Milaap.org is working with renewable energy venture, ONergy to develop a financing mechanism and provide technological expertise to the poor communities in West Bengal, India to gain access to solar lights.

AlHuda Centre of Islamic Banking and Economics is organizing a two days specialized Research workshop on Islamic Agricultural and Rural Finance in Islamabad

Lagos – October 31, 2011 – As their contribution to the microfinance sector, an indigenous firm, iTrends Software Limited is offering their premium microfinance banking software to twelve (12) microfinance banks in Nigeria for free.

Through a partnership with NamasteDirect, and the San Mateo Rotary Club, The Hillsdale Effect, has been able to provide microloans and business mentors for impoverished women. Students have visited Guatemala for a first-hand experience.

Recent microfinance webinar asked the question: "Is Microfinance really in a Crisis?" Conclusion, in general, microfinance remains a powerful tool to help alleviate poverty.

With enthusiasm for microfinance, education and health protection for the very poor, and 26 years of extensive experience in international development, Hollingworth says he is thrilled to lead the Davis, California-based organization.

Microfinance: Is there really a crisis? That is the question posed by an upcoming live webinar on 4 October, organized by Local Voice 4 Development. Panelists include former South African First Lady Zanele Mbeki and UN advisor Sanjay Sinha.

International Islamic financial Institutions are ready for doing investment in Kazakhstan

Milaap is proud to announce that it has become the world's first online lending platform that enables anyone around the world to lend to India's working poor.

Microfinance and health leaders will meet in India to explore opportunities for collaboration between the health and microfinance sectors for millions of the Indian poor.

Islamic Microfinance Network ( IMFN ) opens for membership for Microfinance instituions

It is related to International Seminar on Financial inclusion for Central Asia, the Caucasus and South Asia organized by Asian Development Bank Institute in which Islamic Microfinance also discussed in details.

The award recognizes a program that effectively demonstrates the link between health, poverty and development and highlights the efforts of individuals dedicated to improving the health of disadvantaged and disenfranchised populations.

This Conference Release related with the Press conference which was held today ( 10th June, 11) at National Press Club Islamabad to provide the solution of Poverty Alleviation Through Islamic Microfinance

Breakthrough white paper examines methods for using client stories to understand impact

AlHuda Centre of Islamic Banking and Economics is going to be organize world's largest Islamic Microfinance Conference for Poverty Alleviation.

C5 is proud to announce the Global Microfinance Achievement Awards 2011. These awards are designed to recognise and highlight both innovation and performance within the microfinance marketplace

Fast Market Research recommends "Bangladesh Commercial Banking Report Q2 2011" from Business Monitor International, now available

International Conference on Islamic Microfinance in Islamabad - Pakistan

Make Your Plans to Attend the Premier Deal Making Event for World Leaders in Microfinance Investment.

Plans to Spin-off a Private Equity Firm Called Chartered Prima Capital

New Financial Services market report from Business Monitor International: "India Commercial Banking Report Q2 2011"

Around 10,000 people are needed to fill the vacancies of the micro-finance sector in the Philippines. Dual Training System-Competency Based Education of the Micro-finance Capacity Program is designed to address this.

Endeavor provides round-trip airfare for College of Charleston students who are traveling to Honduras to provide financial education to poverty-stricken communities in Honduras.

Oxford Journals' Health Policy and Planning has published a paper on the benefits of integrating microfinance and health protection services for very poor families and says the program should be expanded.

Gurgaon based rural start up HarVa with an integrated model combining skill development, Rural BPOs, community farming and microfinance announced its acquisition of leading rural BPO provider SourcePilani for an undisclosed amount in cash and stock.

The positive impact of value-added microfinance is undeniable—and finally the real potential of microfinance is beginning to be embraced around the world.

The hostility toward microfinance is a sharp reversal from the praise and goodwill that's been showered on it in last decade. Philanthropists and investors poured billions into non- and for-profit micro

Welcome to the 4th Annual Global Microfinance Investment Congress

CHICAGO, IL – January 14, 2010 – Creation Investments Social Ventures Fund I, a global Microfinance private equity fund, completed its final closing on December 15, 2010 with total committed capital of $31.8 million USD.

The survey is here once again! Below you'll find a link to the 2011 survey and a list of 5 MFI candidates to receive our donation. We chose candidates from around the world, and we want you to decide the winner!

Freedom from Hunger is pleased to have won InterAction’s Best Practices and Innovations award for "Health and Microfinance: Leveraging the Strengths of Two Sectors to Improve Food Security."