Posts Tagged ‘microfinance credit bureau’

IFC and Tajikistan’s Microfinance Institutions launch Country’s First Credit Information Bureau

Microfinance Focus, April 30, 2010: World Bank’s financial arm, International Finance Corporation (IFC) in partnership with the National Bank of Tajikistan and the Swiss government, launched Tajikistan’s first private credit bureau yesterday, according to a press release. Six microfinance institutions, four commercial banks, and the Association of Microfinance Organizations of Tajikistan became shareholders of Credit Information Bureau in Tajikistan, which is considered as a long-awaited ... Full story

MFIN will not impact relevance of Sa-Dhan in Indian microfinance: Suresh Gurumani

Microfinance Focus, March 10, 2010: Microfinance Institutions Network (MFIN), the body of 31-member NBFC microfinance institutions in India, will not hit the relevance of Sa-Dhan in Indian microfinance sector,  clarified Suresh Gurumani, a board member of MFIN, in a recent interview with Microfinance Focus. He made it clear that the interests of NBFC-MFIs are different and MFIN would serve their purpose. "We are still members of ... Full story

Microfinance Institutions Network through Alpha invests Rs 2 Cr to set up credit bureau

Microfinance Focus, March 9, 2010: Microfinance Institutions Network (MFIN), a self-regulatory organization of 31 Indian NBFC - microfinance institutions, has invested in Alpha Micro Finance Consultants P Ltd (Alpha), which in turn will invest Rs. 2 Crore (INR 20 million) in setting up a credit bureau to improve credit risk management within the sector and ensure multiple borrowing and over indebtedness is checked. Working with CIBIL ... Full story
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