Posts Tagged ‘microfinance institution’

Microfinance Focus, Sep 22, 2010: Oikocredit one of the world’s largest sources of private funding to the microfinance sector has recently made an equity deal with Georgian microfinance institution Bank Constanta, buying 13% stake in it for an undisclosed amount. This deal makes Oikocredit the bank's first foreign shareholder. Constanta has already received five Oikocredit loans since 2005, totalling around EUR 4.5 million. Constanta operates primarily ... Full story

Microfinance Focus, Sep 8, 2010: The Inter-American Development Bank has today announced two microfinance institutions from the Dominican Republic and Bolivia, respectively, and a renewable energy company in Nicaragua as this year's winners of its annual awards which is presented to organizations offering outstanding services to microenterprise in Latin America and the Caribbean. Banco  de Ahorro y Crédito ADOPEM S.A. of the Dominican Republic is the ... Full story