Countries & RegionsMicrofinance in Philippines:
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May 22, 2012 - 12:15pm
from Microfinance Nigeria
WASHINGTON, FRANKFURT, Germany and ATLANTA, May 21, 2012 /PRNewswire via COMTEX/ — Investment in Musoni Kenya will Expand Access to Financial Services
Grameen Foundation, KfW and CARE’s Access Africa Fund announced they have each purchased a 25 percent stake in Musoni Kenya, the first microfinance institution to provide financial services to the poor entirely via mobile phones. Based in Nairobi, Kenya, it provides microloans largely to people who are underserved by the formal ...
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May 22, 2012 - 12:11pm
from Microfinance Africa
WASHINGTON, FRANKFURT, Germany and ATLANTA, May 21, 2012 /PRNewswire via COMTEX/ — Investment in Musoni Kenya will Expand Access to Financial Services
Grameen Foundation, KfW and CARE’s Access Africa Fund announced they have each ...
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May 21, 2012 - 3:21am
from Microfinance Gateway News & Opinion
India: "MFIs find relief in loan securitisation"
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May 18, 2012 - 8:50am
from RemittancesGateway
Remittances to the Philippines again rose in March to $1.7 billion—up by 5 percent from the $1.62 billion reported in the same month last year, according to the Bangko Sentral ng Pilipinas.
This brought ...
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May 18, 2012 - 8:50am
from RemittancesGateway
Remittances to the Philippines again rose in March to $1.7 billion—up by 5 percent from the $1.62 billion reported in the same month last year, according to the Bangko Sentral ng Pilipinas.
This brought ...
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May 16, 2012 - 12:57pm
from Microfinance Africa
By William Pesek, Today Online
The iPhone has become a symbol of something Steve Jobs never envisioned: Chinese sweatshops.
Any of us ...
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May 14, 2012 - 12:35pm
from CGAP Microfinance Blog
Offering financial products that enable poor clients to purchase clean, low-carbon alternatives to kerosene, firewood and other ...
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May 14, 2012 - 6:00am
from Global development: Poverty matters blog | guardian.co.uk
I was recently sent a new film by an old friend, Hollman Morris. Morris was once the bete noire of the Colombian political class. His searing and powerful attacks on the role of the state in violence and displacement prompted the country's former president, Álvaro Uribe, to describe him as a ...
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May 13, 2012 - 5:01am
from MicroCapital
The International Finance Corporation (IFC), a member of the World Bank Group that supports private-sector development, and MasterCard Foundation, a Canada-based foundation that focuses on microfinance end education, recently announced a USD 37.4 million partnership to increase access to financial services in Sub-Saharan Africa. The project will aim to help microfinance institutions (MFIs) expand into new regions and develop new products with low-cost delivery channels such as mobile ...
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May 9, 2012 - 8:50pm
from MicroCapital
The International Finance Corporation (IFC), the private-investment arm of the World Bank Group, has partnered with mobile-oriented Philippine bank BPI Globe BanKO “to develop microfinance that would help smaller businesses afford clean energy and energy-saving systems.” The two-year program is intended to provide loans for investments that decrease energy costs and improve profitability for small businesses.
As of 2011, BPI Globe BanKO had authorized capital of PHP 1.8 billion ...
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May 9, 2012 - 3:11pm
from MicroCapital
UK-based financial services company HSBC (formerly known as the Hongkong and Shanghai Banking Corporation), Dubai-based microfinance investor Grameen-Jameel and Bankers without Borders (BwB), a program of the US-based Grameen Foundation, are partnering to provide financial and technical expertise to microfinance institutions (MFIs) in the Middle East and North Africa. Starting in 2012, HSBC staff based in the United Arab Emirates (UAE) will be deployed to provide technical assistance to ...
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May 9, 2012 - 2:48am
from Google news - microfinance
MICROCAPITAL BRIEF: Nominations Open for Paeng Awards to be Given to Five ...MicroCapitalThe Rafael B Buenaventura Microfinance Resource Center Foundation (RBB Foundation), an institution in ...
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May 9, 2012 - 2:33am
from MicroCapital
The Rafael B Buenaventura Microfinance Resource Center Foundation (RBB Foundation), an institution in the Philippines that aims to develop sustainable microfinance through capacity building, will honor five microfinance institutions (MFIs) for their pioneering initiatives and exemplary work in its first awards ceremony on November 30, 2012. The award for Outstanding Microfinance Institutions, also known as the “Paeng” awards, will be given in memory of Rafael B Buenaventura, former ...
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May 7, 2012 - 4:15pm
from Google news - microfinance
Wanted: Best microfinance institutionPhilippine StarMANILA, Philippines - The Rafael B. Buenaventura Awards for Outstanding Microfinance Institutions (Paeng Microfinance Awards) will honor five microfinance institutions (MFIs) for their ...
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May 7, 2012 - 2:55pm
from MicroCapital
Bangko Sentral ng Pilipinas (BSP), the central banking authority of the Philippines, has announced it is considering strengthening its Special Program for Rural Banks (SPRB), which lays out guidelines for assisting “distressed” rural banks. Currently, such banks may take on strategic partnerships with fellow rural banks only. BSP Governor Amando M Tetangco Junior reportedly said BSP is looking at enlarging the pool of possible third-party investors to include non-rural banks and thrift ...
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May 7, 2012 - 2:50pm
from RemittancesGateway
The Philippine peso reached a 12-week high on speculation funds sent home by Filipinos working abroad are increasing. Bonds rose.
Remittances account for about 10 percent of the $200 billion economy, and inflows usually accelerate before the opening of the regular school term in June. They quickened to a 6.9 percent ...
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May 7, 2012 - 2:50pm
from RemittancesGateway
The Philippine peso reached a 12-week high on speculation funds sent home by Filipinos working abroad are increasing. Bonds rose.
Remittances account for about 10 percent of the $200 billion economy, and inflows usually accelerate before the opening of the regular school term in June. They quickened to a 6.9 percent ...
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May 4, 2012 - 12:30pm
from AidData: The First Tranche
The annual InterAction Forum took place earlier this week, bringing together key players in international development to discuss a wide range of issues related to development and humanitarian work. In the opening plenary, Maria Otero, Undersecretary of Civilian Security, Democracy and Human Rights at the State Department, and Don Steinberg, USAID ...
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May 3, 2012 - 10:00am
from CGAP Technology Blog
This is the fifth and final post in our series on remittances and branchless banking. You can read the first four posts here. So far, we have highlighted the emerging success factors and challenges featured in our 2012 landscaping exercise. Paolo Baltao from Globe’s GCASH shared with us the lessons learned over a period of eight years during which time he led one of the first ...
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May 3, 2012 - 7:00am
from Acumen Fund Blog
We are proud to announce the Class of 2013 Global Fellows, a group that represents eight countries, speaks 11 languages, and brings a depth of global experience ranging from software engineering at Google to directing operations at a fashion house in Saudi Arabia. This dedicated cohort is the latest addition to a growing network of individuals bringing a new ...
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