Microfinance

End repeat payday loans, urges rescue loan boss Robert Choy

All around the world, governments are regulating payday lending in a bid to end cycles of high-interest debt.<p>Rescue lender Robert Choy wants laws to …

Mortgages

Microlending Trends As Startups Look to Blockchain for Loans

A new of wave startups believe blockchain can help microfinance deliver on lofty promises.<p>Billed as a silver bullet that could lift the poor out of …

FinTech

The Role of Impact Investing in Your Portfolio | Investopedia

Two weeks ago, I trekked to an unlikely hub of social impact activity: Washington, DC. I was delighted to spend two days with some remarkable and …

Finance

Leading Pakistani companies preticipate in 5th world Halal Summit

ISLAMABAD, Dec 4 (APP):The 5th Halal Exhibition was held at Istanbul along with the world Halal conference.<br>The event was held in pursuance of the …

B2B

Info Studio Reaches Global Markets with Oracle Cloud Platform

Oracle Customer Success — Info Studio d.o.o.<p>Info Studio Reaches Global Markets with Oracle Cloud Platform<p>The Oracle Cloud Platform enabled us to …

Cloud Computing

Rwandans Turn to Microlenders As Banks Tighten Rules

[East African] The number of borrowers from Rwandan commercial banks has dropped, as customers migrate to microfinance institutions to avoid the …

Banking

Financial experts for promoting MSMEs

ISLAMABAD, Nov 23 (APP):Financial experts here on Thursday stressed the need for promoting microfinance and small and medium enterprises (MSME) for …

FinTech

Home Credit India seals consumer durable loan securitisation

Non-banking financial company Home Credit India Finance Pvt. Ltd, which is part of The Netherlands-based Home Credit BV, has raised Rs 153 crore …

Mortgages

How the Internet of Things is disrupting insurance

New technologies are influencing the shape of the insurance sector. This ranges from smart burglar alarms to big data analytics to offer …

Internet of Things

Yemen Emergency Crisis Response Project Fast Fact Sheet - Sept 2017

Fast Fact Sheet - Sept 2017<p>The 24-month Emergency Crisis Response Project (ECRP) aims to mitigate the impact of the current crisis on local …

Yemen

Chinese internet giant Baidu’s micro loan unit seeks 786m yuan through asset-backed notes

Baidu’s micro finance unit has applied for a quota to raise up to 4 billion yuan (US$602 million) through issuing a form of securitisation, called …

News (China)

BRIEF-Centrum Group to buy FirstRand Bank's micro finance business

Nov 1 (Reuters) - Centrum Group:<p>* Co gets license for micro finance; to buy FirstRand Bank India's micro finance business

Finance

India ECB, FCCB and RDB data for September 2017

Oct 26(Reuters) - The following is data on external commercial borrowings (ECB) and foreign currency convertible bonds (FCCB) and Rupee Denominated …

India

Congo-Kinshasa:Kinshasa Named As Worst Megacity for Working Women

[Thomson Reuters Foundation] Kinshasa -Most women in Kinshasa work in small, informal businesses or agriculture and many live on the city outskirts …

Banking

IndusInd Bank announces takeover of micro finance lender Bharat Financial Inclusion

Indusind Bank has announced the takeover of micro finance lender Bharat Financial Inclusion Ltd in Mumbai on Saturday. Chairman of the bank, R. …

Business (India)

Microfinancing Pakistan's female entrepreneurs

As low-income business owners turn to small loans, experts cast doubt over the impact of the microfinance industry.<p><b>Lahore, Pakistan -</b> Zeenat Afza saw her whole world come crashing down when her husband, who worked in Saudi Arabia as a tailor, died of lung cancer in 2006.<p>However, buried in 1.75 …

Philanthropy

Mayken's story: How I regained my independence

Last year Mayken Miller found herself with nothing but a suitcase of clothes and some basics to furnish a flat for her and her son. She had sold her car to fund her escape from a ten year relationship of financial, emotional and psychological abuse. After leaving, Mayken secured a part time job and …

Emotions

Ensuring that “impact” stays in “impact investing”

As an insider to India’s impact investing scenario for over a decade now, I have developed my own beliefs on the sector. McKinsey India’s recent …

Philanthropy

The inventor of microfinance has an idea for fixing capitalism

Muhammad Yunus won the Nobel peace prize for inventing microfinance, the practice of lending small sums at a low interest to allow people to start businesses. And yet he’s not a fan of capitalism. “Because of its total focus on money-making, [it] has become greed-oriented,” he says.<p>The belief that …

Big Ideas

Fin24.com | Zim's Brainworks Limited to list on JSE

Investment company Brainworks Limited has been granted a listing on the main board of the JSE, becoming the first Zimbabwean company to have a …

Business (South Africa)

ICRA ratings for Indian debt instruments-Oct 3

Oct 3 (Reuters) - Below are the ratings awarded by Investment Information Credit Rating Agency Ltd. (ICRA (NS:ICRA)) for local debt instruments as of …

India

Brainworks' listing offers unique window of opportunity

JOHANNESBURG - Diversified investment holding company Brainworks is set to make its primary listing on the JSE on October 13 and it is expecting to …

Finance

BRIEF-RBI says applicable average base rate charged by NBFC-MFIs for qtr beginning Oct 1 will be 9.06 pct

Sept 29 (Reuters) - Reserve Bank of India:<p>* RBI - applicable average base rate to be charged by NBFC - micro finance institutions to their borrowers …

Reserve Bank of India

CARE ratings for Indian debt instruments-Sep 26

Sep 26 (Reuters) - Below are the ratings awarded by Credit Analysis and Research Ltd. (CARE) for local debt instruments as of September 25, 2017. …

Military

Featured photo: Investing in water and sanitation to transform lives | OPIC : Overseas Private Investment Corporation

In India, a woman collects clean water thanks to the work of WaterEquity, a new OPIC partner that supports microfinance institutions working to …

$26 Million: Ethereum Microfinance Startup Everex Closes ICO

Ethereum-focused startup Everex has raised $26 million in an initial coin offering (ICO) to develop microfinance and remittance services.<p>The …

Bitcoin

New microfinance initiative worth $2.8m launched in Egypt

<b>Egypt’s microfinance segment is gaining new momentum thanks to central bank and government initiatives.</b><p>In August state-owned investment bank NI …

FinTech

Don't expect the Grameen Bank's microfinance model to pay off for Australians

The Grameen Bank, a pioneer in lending to the financially vulnerable in the developing world, is partnering a community bank in rural New South …

Banking

The Long Game: How Developing Countries Can Get Microfinance Right

In developing economies such as Myanmar, microfinance is often viewed as a means for lifting people out of poverty. As of 2015, small and medium enterprises (SMEs) comprised 99% of the country’s businesses, and many of those are micro-businesses.<p>Microfinance is often cited as an essential tool in …

FinTech

Transforming microfinance through digital technology in Malaysia

Today, smartphones are used by more than half the world. By 2020, this number will reach 6.1 billion. Mobile-based digital technology presents a huge …

FinTech