Posts Tagged ‘microfinance institutions’

Microfinance Focus, Oct 29, 2010: The Andhra Pradesh government has formed Implementation, Legal, Capacity Building and IT committees for microfinance institutions in the state. These four committees would work to improve the credit flows to self help groups and also put in place an IT system for efficient implementation of the ordinance as reported by media. According to rural development department principal secretary R Subhramanyam, the ... Full story

Microfinance Focus, June 29, 2010: Rockefeller Foundation will be funding the data sharing between the Microfinance Information Exchange (MIX) and the Global Impact Investing Network (GIIN) to develop a structured data feed that will enable the GIIN Impact Reporting and Investment Standards (IRIS) initiative to access financial and social performance data from more than 1,800 microfinance institutions (MFIs) currently reporting to MIX. Data exchange will ... Full story

By Sourendra Nath Ghosal, Microfinance Focus , June 16, 2010 : In recent years the most discussed and debated question on micro-financing is the rate of interest charged from their disadvantaged borrowers. Mostly these institutions are accused of charging very high rate of interest almost akin to moneylenders. It is true that these institutions charge much higher rate of interest as compared to banks and ... Full story

Microfinance Focus, May 10, 2010: Babuben, a middle aged woman runs a small grocery shop in  South Bangalore, India. In spite of sitting in a microfinance hub and surrounded by neighbours who have found a way out of poverty with the help of microfinance, she still chooses to stay away from it. Babuben rather preferred ... Full story

By Asma Azmi, Microfinance Focus , March 19, 2010: The high rate of  interest rates of microcredit have been under the microscope of industry analysts for quite some time. A recent report by Mix Market analyses the methodology proposed by Dr. Yunus and its shortcomings for evaluation of microcredit interest rates, in his book ‘Creating a World Without Poverty’. The proposed methodology categorizes microfinance institutions into zones ... Full story

By Naagesh Naaraayana Microfinance Focus, Jan. 4, 2010: With more than Rs. 1,000 crore capital inflow into the microfinance sector in 2009, new avenues to raise funds have come under scrutiny of microfinance institutions to meet the demand for rapid expansion that the sector is witnessing in the last two years despite the global financial ... Full story

Microfinance Focus, Nov 21, 2009: Microfinance Institutions operating in Eastern Europe and Latin America could be hit by the economic slowdown in 2009-2010, said a special report "Microfinance through the crisis" released by Fitch Ratings. The timing and speed of MFIs' recovery from the global economic downturn will vary depending on their operating and regulatory environment, but also institution-specific factors, said the report. "Fitch-rated MFIs have ... Full story

MicrofinanceFocus, July 23, 2009: BRAC, a non-profit organisation, is leading a $15 million initiative to rebuild war-torn communities in Sierra Leone and Liberiaon on a long-term sustainable strategy, including microfinance, with support from the Soros Economic Development Fund, Open Society Initiative for West Africa, Omidyar Network and Humanity United, said a statement on Wednesday. The two-year pilot program is being funded through a combination of grants and equity. BRAC is also negotiating to raise additional debt capital to finance the loan portfolio. Full story