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Microfinance Focus, December 17, 2012: Ujjivan Financial Services, a Bangalore based microfinance institution has reduced its interest rates by 1-2 % from 15th December 2012 across majority of the loans offered to its customers. Ujjivan’s interest rates have been reduced from 26% to 25% for all new group loans and from 26% to 24% for repeat...
Microfinance Focus, December 14, 2012: Note: This letter is Hugh Sinclair`s response to the recent article written by Daniel Rozas in Microfinance Focus website on December 10, 2012.
By Daniel Rozas,
Microfinance Focus, December 10, 2012: Over the past 18 months, one of the microfinance sector's largest and most prominent funds, Blue Orchard's Dexia Micro-Credit Fund (recently renamed Blue Orchard Microfinance Fund), saw a major outflow of investor capital, with some $268 million or nearly 50% of the fund...
Microfinance Focus, December 5, 2012: According to the CGAP's Cross-Border Funder Survey, international funding for microfinance reached at least US$25 billion in 2011. The total amount committed continues to increase, though at a slower rate in the past two years: average annualized growth decreased from 17 percent per year between...
Microfinance Focus, December 03, 2012: Azerbaijan’s leading microfinance bank, AccessBank, received 10 million dollars through MSME Bonds, Symbiotics’ impact bond issuance platform, on November 20, 2012. The platform offers standardized electronically-traded syndications for fixed income investors. The transaction was offered by Symbiotics to...
Microfinance Focus, November 30, 2012: Accion, a private, nonprofit organization working in bringing financial services to the underserved, announced that its Frontier Investments Group along with Saama Capital, an India venture focused investment firm, has invested US$4 million in Shubham Housing Development Finance Company. With...
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