Countries & RegionsMicrofinance in Namibia:
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May 16, 2012 - 10:00am
from Global development: Poverty matters blog | guardian.co.uk
Years after debt campaigners succeeded in persuading the International Monetary Fund (IMF), World Bank and G8 to abolish debts worth billions of dollars owed by developing countries, figures show total external debts are once again on the increase.Data in the World Bank's
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March 2, 2012 - 7:00am
from Global development: Poverty matters blog | guardian.co.uk
There is rarely anything illegal about African governments selling off large chunks of land to local or international investors. Frankly, investors wouldn't get involved if domestic and international laws did not protect ...
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February 24, 2012 - 4:09pm
from MicroCapital
Vimo Sewa, a woman’s insurance cooperative in India promoted by the nongovernmental organization Self Employed Women’s Association (SEWA), has partnered with L&T Insurance, an Indian insurance company, to become L&T’s first microinsurance agent. The cost of the insurance will range from INR 50 (USD 1) to INR 730 (USD 14) per year and coverage can protect against illness, loss of wages and death. The range of coverage amounts is not available. The partners also plan to add cattle ...
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January 30, 2012 - 5:20pm
from Mobile Money Africa
The Development Bank of Namibia (DBN) says that MobiPay, a recipient of DBN finance, is simplifying and improving life for Namibians and their communities by developing transaction systems for mobile devices. The dream of establishing MobiPay was born when partners in Aantu Investments, Amos Shiyuka, Claus Deckenbrock, Sedrick van Turah and Dee Sauls, saw similar
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December 21, 2011 - 11:26pm
from Kiva.org
By Daniel Hinds, Review and Translation Program Intern"It was devastating ... to think about a person who had no access to education."City: Buenos Aires, ArgentinaLanguages: Spanish and PortugueseTeam: Latino LinguistsTime with Kiva: Since December of 2008, almost 3 years ago!How ...
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September 21, 2011 - 11:35pm
from Microfinance a Working Solution to Global Poverty
Today’s afternoon plenary session at the 2011 Clinton Global Initiative opened with a Students of the World documentary on Opportunity International’s Banking on Education initiative, ...
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September 12, 2011 - 7:12pm
from Microfinance Nigeria
Brian Benza, Mmegi Online
Civil servants, microlenders and mobile phone companies are set to emerge the biggest losers from a recent decision to withdraw the government as the “clearing agent” for credit arrangements between the three parties.
Already, preliminary estimates indicate more than P67 million on a monthly basis going out from civil servants to microlenders and cellphone providers will be affected by the move.
Government has said it will no ...
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August 12, 2011 - 3:24pm
from Global development: Poverty matters blog | guardian.co.uk
Months before the UN officially declared famine in Somalia, on 20 July, much of the eastern African press was already reporting looming drought and growing food insecurity. Now, the failure of government to respond to warning signs has become a dominant theme."The apathy by the government is despicable as it has been clear that there was going ...
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July 20, 2011 - 4:46pm
from Mobile Money Africa
Kim Dancey, Strategic Legal Advisor, FNB eWallet Solutions
With an estimated 300 million mobile phone subscribers in Africa, USA and UK development agencies have noted that of the new technologies offering improvements to remittance services and reductions in transaction costs, mobile phones hold the greatest promise for Africa. Remittances, the money sent home by migrant workers, has gained much attention recently as an increasingly important source of income to ...
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July 12, 2011 - 6:24am
from MFW4A - Newsfeed
"This package will strengthen EIB investments in microfinance companies and institutions that provide retail financial services to small businesses or micro-enterprises in beneficiary countries," EIB was quoted as saying by the APS news agency.The agreement includes technical assistance, support and training in the fields of accounting, administration and risk management, as well as sound governance for microfinance institutions.A total of 48 ...
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June 22, 2011 - 5:03pm
from Mobile Money Africa
Winile Mavuso
FIRST National Bank (fnb) Swaziland, cellphone banking has been a resounding success with a 473% growth.
This service allows clients to transfer money from one account to another using their cell phones. It was received with great enthusiasm by the locals as evident during the Simunye Fun Fair last year, where a substantial number of clients registered to access the service.
FNB said on Monday that ...
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June 15, 2011 - 8:39pm
from Microfinance Nigeria
By Simon Meadows, Optimist News
A world record-breaking attempt for the longest line of pennies is to help poor women in Africa start their own businesses.
The Guinness World Record for the longest line of coins ever laid is currently held by Fort Scott in Kansas, USA who laid a staggering 3,406,234 pennies or 40.32 miles.
The Microloan Foundation needs 4,000,000 pennies so it can break the 50 mile barrier at Chiswick Community School in West ...
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June 15, 2011 - 2:54pm
from Global development: Poverty matters blog | guardian.co.uk
Africa, notoriously, has the worst roads in the world because its extremes of sun and rain bake them dry or leave them cratered and impassable for months at a time. The whole continent, which is physically larger than China, western Europe, India and the US together, still only has ...
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June 14, 2011 - 2:49pm
from Mobile Money Africa
Ravesh Ramlakan .
CEO, FNB Cellphone Banking Solutions.
“Cellphones will change our lives as much or more as television did” – Alan Knott-Craig, Vodacom Managing Director
In the early 90s it hit our shores – one minute we were talking with it, the next we were sending each other messages with it. Once you had it, you couldn’t live without ...
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June 14, 2011 - 1:16pm
from Global development: Poverty matters blog | guardian.co.uk
Inclusion was the big theme of the African Development Bank annual meeting in Lisbon last week, an acknowledgement that impressive economic growth numbers don't tell the whole story.As the president of the AfDB, Donald Kaberuka, acknowledged at the start of proceedings, the bank had got it wrong in Tunisia ...
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June 3, 2011 - 2:52pm
from Microfinance Nigeria
From Namibia Economist
Kongalend Financial Services and Hollard Life last week announced their plans to launch affordable, innovative and cost-effective insurance solutions in the country, the first of which is the Kongalend Burial and Lifestyle Plan.
The initiative will utilise Hollard’s underwriting capacity to offer insurance where underwriting capacity was a major constraint on market development, previously.
The partnership sees the two ...
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June 3, 2011 - 1:59pm
from CGAP Microfinance Blog
This post is the next in a special blog series on savings. We look forward to your comments in the coming weeks.
Toward the end of the 19th century, postal services began to contribute to the development of a savings culture in many of today’s industrialized countries. And they are playing a similar role in developing and emerging countries at the dawn of the 21st century.
A ...
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May 18, 2011 - 1:29pm
from MFW4A - Newsfeed
This is according to Mariental Urban Constituency Councillor in the Hardap Region Barakias Namwandi, who urged the organisations to provide loans for less sizable companies, the Namibian reports.He said changes need to be made if the country's economy is to grow, adding that banks are not doing enough to help the situation.Mr Namwandi described SMEs as being "the backbone of the economy".He stated: "We would like to see more money ...
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