Countries & RegionsMicrofinance in Montenegro:
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May 11, 2012 - 5:03am
from MicroCapital
The European Fund for Southeast Europe (EFSE) has reported to MicroCapital that it has made of the following amounts in support of microfinance during April 2012: USD 10 million to Ineco Bank of Armenia, USD 7 million to Megabank of Ukraine and approximately USD 6.66 million to Partner MikroKreditna Fondacija Tuzla of Bosnia and Herzegovina.
For the year 2011, Ineco Bank reported to the US-based nonprofit Microfinance Information Exchange (MIX) total assets of USD 230 million, a ...
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April 28, 2012 - 5:01am
from MicroCapital
DIMOCO (Direct Mobile Communications), an Austria-based mobile technology company, recently announced that it has expanded its billing services to Albania, Montenegro, Bosnia-Herzegovina and Kosovo, bringing to 23 the number of countries in which it offers mobile billing services. Content providers in these four countries can now bill users immediately for digital content they access via mobile phone. According to DIMOCO chief executive officer Gerald Tauchner, mobile payment is becoming ...
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March 2, 2012 - 5:03am
from MicroCapital
Azerbaijani microfinance institution AccessBank has announced that it will be offering insurance policies for vehicle owners. The service was established in connection with a new law in the Azerbaijan Republic regarding mandatory insurance of vehicle owners’ third-party liability. The policies will be offered through three undisclosed insurance companies in the country. Depending on the vehicles’ engine size, the cost of insurance may range from AZN 50 (USD 64) to AZN 250 (USD 318) for ...
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January 26, 2012 - 10:12pm
from MicroCapital
Rural Impulse Fund II, which is managed by Belgium’s Incofin Investment Management, and Triple Jump’s ASN-Novib Microkredietfonds, have acquired an equity stake in Azercredit, an Azerbaijani microfinance institution (MFI) with a rural focus. While the amounts paid and the sizes taken have not been made public, Incofin IM and Triple Jump will have seats in Azercredit’s board of directors.
Azercredit was initially created in 1996 as a program of World Vision, a US-based worldwide ...
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January 10, 2012 - 5:03am
from MicroCapital
The European Fund for Southeast Europe (EFSE), a microfinance investment fund incorporated in Luxembourg, has reported to MicroCapital that it has made loans to the following institutions: USD 15 million to AccessBank of Azerbaijan, the equivalent of USD 649,000 to Kreditimi Rural I Kosoves (KRK) of Kosovo, the equivalent of USD 5.27 million to Byblos Bank Armenia and approximately USD 3.89 million to Alter Modus of Montenegro. The loan to Byblos Bank was disbursed in two tranches: a ...
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September 9, 2011 - 5:52pm
from Center for Financial Inclusion Blog
> Posted by Adriana Magdas
Couple at store in Nepal.
In celebration of its 3rd anniversary, the Center for Financial Inclusion is organizing an after-hours event at its Washington, DC office. Guests can view a photo exhibit demonstrating disability inclusion in countries ...
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July 4, 2011 - 7:16am
from MicroCapital
The European Fund for Southeast Europe (EFSE), a microfinance investment fund incorporated in Luxembourg, agreed to loan USD 10 million loan agreement to Araratbank at EFSE’s recent annual meeting in Armenia. Araratbank is an Armenian bank that serves micro-, small and medium-sized enterprises; corporations; and retail customers. With EFSE’s loan, Araratbank plans to provide sustainable, long-term financing to MSEs, with a particular emphasis on those outside Yerevan, Armenia’s capital, ...
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June 29, 2011 - 2:33pm
from Global development: Poverty matters blog | guardian.co.uk
Some 70% of households in eastern Europe and central Asia said they had to cut back spending on basic foods and healthcare because of the global economic crisis, according to a report published on Wednesday.The
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May 5, 2011 - 7:58am
from Center for Financial Inclusion Blog
> Posted by Rosita Najmi
Visitors view original photo exhibit on UN International Day of Persons with Disabilities, December 3, 2010. (USAID)
The Center’s program on Financial Inclusion for Persons with Disabilities is honored to host a photo exhibit, “USAID and Inclusive Development: Mainstreaming Disability in the Millennium Development Goals: ...
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