Posts Tagged ‘microenterprise’

Microfinance Focus, Sep 1, 2010: International Finance Corporation (IFC), the financial arm of World Bank increased its investments in Sub-Saharan Africa to $2.4 billion during the fiscal year 2010 from $1.8 billion a year earlier. It was the first time IFC's annual investments surpassed $2.0 billion in the region. IFC mobilized an additional $1.1 billion from other investors and approved 40 new Advisory Services projects ... Full story

Microfinance Focus, Aug 12, 2010: Calvert Foundation President and CEO Shari Berenbach have announced her exit from Calvert Foundation after more than 13 years of service. Ms. Berenbach is leaving Calvert Foundation to lead microenterprise development at USAID, where she will oversee work in over 60 countries around the world. During her tenure she helped to popularize impact investing, and growing the organization from a staff ... Full story

Microfinance Focus, June 4, 2010: With a joint mission of fostering the growth of creative economy, The Institute for Arts Entrepreneurship (IAE) and Gorilla Tango Financial have yesterday announced a strategic partnership to provide up to $10,000 of financing to qualified creative enterprise start-ups, small or medium businesses that have successfully completed The IAE's 2-week business plan development workshop known as Creative Enterprise Boost Camp.  The ... Full story

Microfinance Focus, June 3, 2010: World Bank’s financial arm, International Finance Corporation (IFC) will invest$10 million in preferred shares of Bancamia, a microfinance institution in Colombia. The investment is for supporting the expansion of this microfinance institution and helping to increase access to financial services for microenterpreneurs in the country. IFC’s new investment in Bancamia follows two previous loans of $4.1 million disbursed to Corporacion ... Full story

Microfinance Focus, June 3, 2010: Microfinance News Synopsis brings a compilation of industry headlines broadcasted by other news media from across the world. RBI pushes financial inclusion: To give a boost to the financial inclusion drive started by the banks, the Reserve Bank of India (RBI) has constituted four working groups that will help identify issues and suggest probable solutions in different areas of operations. The ... Full story