Countries & RegionsMicrofinance in Mongolia:
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May 16, 2012 - 2:35pm
from MicroCapital
The Small Enterprise Education and Promotion (SEEP) Network, an association of microfinance institutions (MFIs) and non-governmental organizations (NGOs) headquartered in Washington DC, is launching the planning phase of its Global Savings Campaign. In conjunction with Citigroup Foundation, the charitable branch of US-based financial services provider Citigroup, the initiative aims to provide widespread access to savings services as well as reducing transaction costs for MFIs.
The ...
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May 11, 2012 - 5:06am
from MicroCapital
Wokai, a US-based online fundraiser for Chinese microfinance institutions (MFIs), has announced that it will shutdown operations due to “a failed search for a new CEO in combination with funding obstacles.” Wokai will not be accepting new contributions, and the nonprofit plans to distribute its existing capital to field partners the Association for Rural Development of Yilong County (ARDY) in the Chinese province of Sichuan and Chifeng Zhaowuda Women’s Sustainable Development Association ...
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May 3, 2012 - 4:01am
from Microenterprise Access to Banking Services
Philippine Daily Inquirer – The Philippines is considered one of the laggards in the Asia-Pacific region in the area of financial services reach, ranking only 12th out of 15 countries in terms of the proportion of working-age population who have accounts with banks or other financial institutions.
Results of a regional survey, done recently by various institutions including the US Agency for International Development, showed that only 26.56 percent of Filipinos ...
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May 2, 2012 - 1:36pm
from myKRO
Below is the full text of the email that Wokai sent out today (also is currently on their home page):
Dear Wokai Contributors,
We regret to tell you that we are starting the process of winding down Wokai and concluding operations.
Wokai has been actively searching for a new CEO to take the organization to the next level in China. However, as of our application deadline, no clear candidate came to the fore. In ...
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May 1, 2012 - 2:44pm
from Microfinance Focus
Citi’s London-based Environmental Products Trading and Origination team, working with Citi Microfinance, has agreed to purchase 1.17 million metric tonnes of carbon credits over the next seven years from Seattle-based social enterprise MicroEnergy Credits. This deal also combines microloans in Mongolia with the sale of carbon credits on the European Union Emissions Trading Scheme (EU ETS).
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May 1, 2012 - 5:20am
from MicroCapital
Citi Microfinance, a subsidiary of US-based Citibank that supports microfinance institutions (MFIs), and Citibank’s Environmental Products Trading and Organization Team recently announced a plan to buy 1.17 million metric tons of carbon credits from MicroEnergy Credits (MEC), a US-based for-profit firm that assists MFIs in launching clean-energy lending programs. The purchase will take place over seven years and the credits will be generated through reductions of greenhouse gas emissions ...
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April 27, 2012 - 6:01am
from Google news - microfinance
SunHerald.comCiti to Purchase 1.17 Million Tonnes of Carbon Credits in Innovative ...
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April 23, 2012 - 6:32pm
from Kiva.org
“My hope is that each day before I go to bed, I play a small part in improving the lives of five strangers somewhere around the globe.” City: Oak Bluffs, MA Language: English Team: Only the Loanly Time with Kiva: Since August 2011 Outstanding ...
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April 11, 2012 - 7:12am
from CGAP Microfinance Blog
The most rapidly obsolescing part of my book, Due Diligence, is chapter 6, which reviews the statistical evidence of the impact of microfinance on poverty. Since I put the text to bed, working papers have appeared that test microcredit in
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March 26, 2012 - 11:00am
from David Roodman's Microfinance Open Book Blog
*Yet Another Randomized Trial of Microcredit
The latest randomized study of the impact of microcredit has popped up on the web. Snarky blog post title notwithstanding, I very much welcome having yet another randomized test of microcredit—by my count, the fifth—because only after we test in a variety of forms and circumstances can we generalize with (cautious) confidence. We have been ...
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March 20, 2012 - 5:36am
from Google news - microfinance
MyBroadbandFacebook-style microfinance ...
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March 16, 2012 - 1:00pm
from David Roodman's Microfinance Open Book Blog
The author sent me a draft for comment. You can see from the cover why the publisher was interested. I’ll withhold final judgment on the text until I’ve seen the final version. The draft concerned me—as with Milford Bateman’s book, at least as much for the manner of argument as the conclusions.
The title doesn’t quite make sense. What would a microfinance heretic confess? That he’d fabricated his heresy? The idea is more like: Heretical Confessions of a ...
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March 15, 2012 - 1:00pm
from David Roodman's Microfinance Open Book Blog
Larry Reed of the Microcredit Summit Campaign has a letter to the editor in the Washington Post about my piece last ...
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March 8, 2012 - 8:18am
from CGAP Microfinance Blog
Today, March 8, marks International Women’s Day. Now an official holiday in 27 countries and supported by global organizations such as the United Nations and African Development Bank, IWD has been observed since the early 1900s and provides an ...
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March 5, 2012 - 1:00pm
from David Roodman's Microfinance Open Book Blog
For almost three years, I’ve been citing a single randomized study suggesting that microsavings does good. By Pascaline Dupas and Jonathan Robinson, it found that offering a savings account to market vendors in Kenya increased their investment, income, and spending on average. The account was a commitment savings account, meaning that it was expensive or impossible ...
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February 27, 2012 - 3:48pm
from Development Impact - News, views, methods, and insights from the world of impact evaluation
What are the best things ordinary people living in rich countries can do to help poor people living in developing countries? This is the question the editors of Christianity Today assigned to me for a special issue this month on world poverty. It is a question many people like my parents worry about, people who would like to give ...
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January 23, 2012 - 2:38am
from Development Impact - News, views, methods, and insights from the world of impact evaluation
I’ve been meaning to read for the last month this new paper by Orazio Attanasio and co-authors, which is the latest in the still small number of studies to carry out a randomized experiment to measure the impact of microfinance. David Roodman was quick to give his thoughts on it in this post, but I thought I’d also ...
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January 19, 2012 - 12:46am
from Kiva.org
It’s a new year, which means it’s time to look back and reflect on all that we have been able to accomplish together in the year that’s passed. It has been an extremely busy year of learning and growth, a year of many exciting firsts, meaningful milestones and inspiring numbers! Here are just some of the great things that we hope everyone will remember, and celebrate, about 2011...Exciting Firsts...We introduced
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January 16, 2012 - 4:16pm
from MicroCapital
The Netherlands Development Finance Company (FMO in Dutch), a public-private partnership, has signed an agreement to loan the equivalent of USD 10 million to Vision Banco, a microfinance institution (MFI) in Paraguay [1]. The four-year loan will be used to finance micro- and small enterprises in Paraguay. Half of the USD 10 million will be provided in local currency, and half will be provided in USD.
As of September 2011, Vision Banco reported USD 652 million in total assets, a ...
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January 6, 2012 - 4:41pm
from Financial Access Initiative Blog
Since the assignment for a round-up of the year from my perspective was broad, I’m going to take full advantage, stretching this to financial access from microfinance and adding a few things which have a somewhat tenuous connection to this year. I’ve tried to mainly stick with writing about events, rather than events themselves (no doubt revealing my personal biases), but a few events snuck through.
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