Ghana Market Profile

November 26, 2014 - 4:14pm from Acumen Fund Blog
The Acumen Global Fellows are an incredibly diverse group of professionals dedicated to changing the way the world tackles poverty.  Over the past nine years, 86 Fellows have taken part in the fellowship which has truly transformed the way they see themselves and their careers. We asked three alumni to share what they learned during their fellowship year, how they’ve grown, and how the experience shaped who they are today. Applications for the Global Fellows Program are open ...
November 21, 2014 - 6:43pm from CGAP Microfinance Blog
Three pioneering insurance supervisors from Ghana, Pakistan and South Africa were asked to share their experience regulating inclusive insurance vis-à-vis the work of the A2ii and the IAIS, ahead of the upcoming A2ii, IAIS, CGAP Expert Symposium on proportional regulatory approaches in inclusive insurance markets. The author of this blog, Jonathan Dixon, is the Deputy Executive Officer for Insurance at the Financial Services Board, South Africa.
November 19, 2014 - 1:46pm from Microfinance Africa
The Ghana Microfinance Institutions Network (GHAMFIN) has attributed the failure of some Microfinance Institutions (MFIs) to the mismanagement of depositors’ funds as a result of inexperienced operators in the sector. GHAMFIN, which is the umbrella body of microfinance companies operating in the country, posits that the industry has been invaded by self-seeking and inexperienced agents who exploit the poor. The Chairman of the GHAMFIN Council, Mr Emmanuel Oduro Darko, told ...
November 18, 2014 - 1:49pm from Microfinance Africa
The Ghana Microfinance Institutions Network (GHAMFIN) is set to adopt a unified code of conduct as part of several measures to inject sanity into an industry that has seen several players collapse. According to GHAMFIN, more than 46 MFIs collapsed in 2013 alone due to bad managerial skills, poor product designs among others, which has prompted calls for measures to curtail the rapid failure of micro finance institutions (MFIs). The Chairman of GHAMFIN’s Council, Emmanuel O. ...
November 17, 2014 - 2:36pm from Google news - microfinance
Citifmonline
November 17, 2014 - 2:13pm from Google news - microfinance
Citifmonline
November 16, 2014 - 1:53pm from Google news - microfinance
GhanaWeb
November 12, 2014 - 8:14pm from Development Impact - News, views, methods, and insights from the world of impact evaluation
This is the second in our series of posts by students on the job market this year. Relaxing supply-side constraints is not always sufficient to ensure delivery of public services to poor and remote communities. It may be necessary to stimulate demand by exploiting local agents who can link the relevant parties. We thus see the use of intermediaries in a variety of sectors in development; for example through the use of agricultural extension agents (
November 10, 2014 - 11:09am from MicroCapital
MicroCapital: You will be speaking in a few days at European Microfinance Week. How will you describe the state of risk management within microfinance and where it fits in the broader context of the industry? Kevin Fryatt: In the last several years, we have seen a lot of focus on new technology and serving clients better through new product ...
November 9, 2014 - 6:33am from MicroCapital
The MasterCard Foundation, a Canadian nonprofit that aims to promote youth learning and financial inclusion in emerging markets, has partnered with the United Nations Capital Development Fund (UNCDF), a UN initiative to increase access to microfinance and other forms of investment capital for small businesses and individuals in developing countries, to expand the UNCDF Mobile Money for the Poor (MM4P) program. MM4P was started in 2012 to support branchless and mobile financial services ...
November 6, 2014 - 1:44pm from Microfinance Africa
The Managing Director of First Liberty Microfinance, Odeneho Affram Brempong III, has said mobilisation of cheap funds for operations by those in the microfinance business has become a challenge, threatening the survival of many in the industry. He attributed the dwindling fortunes of the industry to lack of confidence in the work of most microfinance firms as a result of some unfortunate events that befell the industry. He explained that because of this, microfinance firms ...
November 6, 2014 - 4:13am from Google news - microfinance
Low confidence affecting microfinance operationsGhanaWebThe Managing Director of First Liberty Microfinance, Odeneho Affram Brempong III, has said mobilisation ...
November 6, 2014 - 4:08am from Google news - microfinance
GhanaWeb
November 4, 2014 - 9:22am from MicroCapital
The Liberia Investing for Business Expansion (IBEX) program, a project of the United States Agency for International Development (USAID) that focuses on improving access to financial services for small and medium-sized enterprises (SMEs) by linking them with banks, provided clients in the agriculture, construction and trade sectors with access to loans totaling USD 860,000 from July to September 2014. The credit, in addition to advice and mentoring provided directly by IBEX, was intended ...
October 31, 2014 - 5:24am from MicroCapital
“The Next Stage of Financial Inclusion;” by D. Karlan; published by the Stanford Social Innovation Review; fall 2014; 9 pages; available at: http://www.ssireview.org/pdf/Fall_2014_The_Next_Stage_of_Financial_Inclusion_1.pdf This paper investigates the evolving role of nonprofit organizations in providing microcredit to people with low incomes. Dr Karlan argues that the role of nonprofit ...
October 31, 2014 - 4:36am from MicroCapital
CGAP (Consultative Group to Assist the Poor), a US-based nonprofit that aims to facilitate the expansion of financial access, and The MasterCard Foundation, a Canadian nonprofit that aims to promote youth learning and financial inclusion in emerging markets, recently awarded a total of USD 500,000 to the following four organizations: Freedom From Hunger, a US-based NGO operating in developing countries to alleviate poverty and hunger; IFMR Finance Foundation, an arm of India’s Institute ...
October 30, 2014 - 8:20am from Google news - microfinance
Goodnews Microfinance educate people of Laspyghana.comGoodnews Microfinance Limited, a financial service provider, on Wednesday educated the people La community in ...
October 30, 2014 - 2:32am from Google news - microfinance
GhanaWeb
October 29, 2014 - 4:56pm from Innovations for Poverty Action Blog
Heather Lanthorn   Editor’s Note: This is a guest post by Heather Lanthorn, a doctoral candidate at the Harvard School of Public Health, who worked on the SMS reminders for malaria study. After the data collection was complete, she conducted a qualitative follow-up which she explains below.     Most development interventions are carried out ...
October 24, 2014 - 1:08pm from Microfinance Africa
The employment of non-qualified personnel and poor liquidity management skills, due to inexperience are the factors militating against the effective performance of microfinance institutions in the country. The Deputy Head of Other Institutions Supervision Department at the Bank of Ghana (BoG), Mr K. S. Osei Bonsu, said this at the fifth annual general meeting of the Money Lenders Association of Ghana (MLAG) in Accra on the theme, “Managerial and liquidity ...