Microfinance

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)

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

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

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)

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 …

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 …

Microfinance group launches program to help low-income, minority-owned businesses

After funds were disbursed this summer, recipients of LEND’s Entrepreneurship Support Program have expanded their outreach, using microfinance to …

Small Business

The power of conversation

Lots of us want to change the world, but it seems like a big dream, right? For one University of Melbourne student, striking up a conversation on …

University of Melbourne

$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

Snapshots of Myanmar's flourishing microfinance market

YANGON -- Ever since Myanmar began transitioning to civilian rule in 2011 and opening up its borders, investor money and advanced technology has been …

Asia

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

Liberia: Sen. Prince Y. Johnson - 'I Killed for Reason, but Am New in Christ'

Senator Prince Johnson on the campaign trail (file photo).<p>Monrovia — The once dreadful warlord Prince Y. Johnson, now a senator and a preacher, does …

Liberia

Indonesia's sharia financial committee focuses on boosting real sector

The National Committee for Sharia Finance (KNKS) is focusing on boosting the real sharia sector instead of developing sharia finance products in a …

Sharia

How some jobs come to be associated with a gender (and why this hurts men too)

Why do we consider some occupations 'male' and other 'female'?<p>“I’m not bossy, I’m the boss.”<p>So proclaims Beyoncé in a video in support of the …

Gender

Top 200 Internet of Things Prototypes from the “Touch IoT with SAP Leonardo” Prototype Challenge | SAP Blogs

Winners<p><b>Aoife O’Dwyer</b> | <b>Mushroom Farm Manager</b> | PDF | Video | BUILD | Kiva entrepreneur: Kenya ECLOF <b><br>Vivek Krishnadas</b> | <b>Diabetes Care</b> | PDF | Video | …

SAP SE

Bharat Financial Inclusion Posts Rs 37 Crore Loss In Q1 FY18

Bharat Financial Inclusion Ltd (BFIL) on said it has reported a loss of Rs 37 crore for the quarter ended June 30 against Rs 236 crore profit during …

India

The enduring reason you believe all nurses are women

“I’m not bossy, I’m the boss.”<p>So proclaims Beyoncé in a video in support of the #banbossy campaign. The campaign highlights how when little boys take charge, they’re often praised for being a “leader.” But when little girls do, they’re more likely to be scolded for being too “bossy.”<p>And it matters …

Gender

Expansion plan set for BPI’s micro finance bank

Bank of the Philippine Islands unveiled an aggressive expansion plan for its micro finance bank, which was launched yesterday.<p>The Ayala …

Philippines

How Emerging Markets And Blockchain Can Bring An End To Poverty

Back in 2015, Forbes featured an interview with William Blair partner Brian Singer on how bitcoin will end world poverty. According to Singer, the growing access to the internet through affordable devices could enable particularly those from emerging markets to use a cheaper payment system with a …

Bitcoin

How a job acquires a gender (and less authority if it's female)

“I’m not bossy, I’m the boss.”<p>So proclaims Beyoncé in a video in support of the #banbossy campaign. The campaign highlights how when little boys take …

Gender

On The ESG Horizon -- Achieving A Global Standard

ESG integration was once a topic left to the public relations department of the average organization. Now that institutional investors are seeing how responsible integration positively affects a company’s valuation, talks of mandatory government regulation around the world are increasing.<p>“The pace …

Entrepreneurship

Microfinance - 'it has symbolic value'

Essma Ben Hamida, co-founder of Tunisian microcredit institution Enda, was present when Ivanka Trump helped launch a loan program for women at the …

G20

Annapurna Microfinance Raises Rs 61 Cr from Bamboo Capital Partners, BIO and Oikocredit

Annapurna has experienced significant growth in its loan portfolio and operations over the last 3 years whilst maintaining excellent portfolio …

Venture Capital

How Equitas survived the MFI crisis to become a small finance bank

Diversification and best practices helped Vasudevan PN's firm keep its head above water in 2010. Now, as a small finance bank, it is in an exciting, …

FinTech

Why Bankers Won't Go Anywhere Near Small Farmers

A miller, a trader and a farmer walk into a bank. Each carries the receipt for a bag of wheat worth ₹20. The miller walks out with a loan of ₹16, the …

Agriculture

Why do you think of nurses as women and firefighters as men?

“I’m not bossy, I’m the boss.”<p>So proclaims Beyoncé in a video in support of the #banbossy campaign. The campaign highlights how when little boys take …

Gender

Yes, microlending reduces extreme poverty

A small boost in microlending to the developing world could lift more than 10.5 million people out of extreme poverty. That’s one conclusion of my …

Poverty

An All-In-One Platform Designed With Cambodia's Microfinance Pros In Mind

Before he cofounded Morakot, a banking and loan management platform for microfinance institutions (MFIs) in Cambodia, Sophorth Khuon worked in microfinance himself. So he knew firsthand the challenges MFIs face when it comes to loan distribution and management.<p>“Less than 5% of microfinance …

Entrepreneurship