Countries & Regions

Microfinance in Nepal:

May 24, 2012 - 5:03am from MicroCapital
The Royal Monetary Authority (RMA) of Bhutan, the country’s central bank, reportedly is finalizing a Financial Inclusion Policy (FIP) to enhance the country’s microfinance sector. The policy is intended to assist in enhancing the agriculture sector, which provides livelihood to approximately 60 percent of the country’s population. Details on the policy, which was introduced in April of this year, have not been released. There reportedly are four regulations set to be approved to ...
May 23, 2012 - 5:09pm from Kiva.org
This post is by Mary Lynn Halland, a long-time Kiva lender who took her daughter to Nepal to see the power of microfinance firsthand. This post is part of a May guest series honoring mothers, women and the lenders who help them build brighter futures."Everyone can help." That was the life lesson I was hoping to impart to my daughter when we joined Kiva in 2007.Even better, Kiva lets you help other people without giving them anything -- just lending them a few dollars. ...
May 16, 2012 - 5:03pm from The Ladder
By Julia Stevens and Li Zou, Center for Social DevelopmentCross posted on YouthSave.orgOn April 17, 2012, a Symposium on International Research and Innovation at Washington University in St. Louis highlighted the experiences and insights of the international research partners in YouthSave. The event, which was hosted by the
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 ...
April 30, 2012 - 1:58pm from The Ladder
The YouthSaveConsortium is pleased to announce that on April 25th, the BankofKathmandu (BoK) launched its “BoK Chetanshil Yuwa Bachat Yojana (CYBY)” (meaning ‘Conscientious Youth Savings Plan’) – a savings account tailored for low-income youth aged 10 to 22. The ...
April 20, 2012 - 1:49pm from MicroCapital
Beema Samiti, Nepal’s insurance regulatory authority, reportedly has announced that a microinsurance program is expected to be extended to individuals and microenterprises in Nepal in May 2012 by private insurers. The product will cover up to NPR 100,000 (USD 1,200) against accidents and loss of livestock, crops, and life. Regulators are encouraging insurance companies to also insure microenterprises for “water mills, tea shops, rickshaws and vending carts” and will monitor the ...
April 19, 2012 - 1:50am from Microfinance Gateway News & Opinion
Philippines: “Insurer reports high take-up of microinsurance products”
April 16, 2012 - 4:59pm from MicroCapital
The Sri Lankan government recently released a new draft law to regulate microfinance, which would establish a Microfinance Regulatory and Supervisory Authority (MRSA) run by a five-person board of directors. The goal of MRSA is to “strengthen and develop and quantitatively improve the Microfinance business, to ensure its integrity and transparency, to maintain the confidence of stakeholders in the business, and minimize losses by establishing and enforcing standards of accounting, ...
April 14, 2012 - 2:53pm from Microfinance Africa
From The Himalayan Times KATHMANDU: The insurance regulatory authority is planning to start the much ...
April 13, 2012 - 5:16pm from Kiva.org
In addition to loans, many of our field partners go above and beyond by offering their clients additional services and support. To encourage these wraparound services, we established a Social Performance team here at Kiva and awarded these partners with badges corresponding to key areas of support. This series is designed to share stories ...
April 11, 2012 - 5:16am from MicroCapital
By Dr. Linda Mayoux, Consultant for Hivos and Oxfam Novib UK, November 2011, 20 pages, available at: http://www.genfinance.info/documents/MyPubs/Women%20are%20Useful%20to%20Microfinance_final.pdf This report introduces methods for promoting women’s empowerment as a strategy for increasing the long-term financial sustainability of microfinance institutions (MFIs). It introduces points of entry for gender equality and empowerment as well as innovation in policies, product design, ...
April 6, 2012 - 8:21pm from The Ladder
 By Rani Deshpande, Save the ChildrenCross-posted on YouthSave.orgWhen considering how to reach kids with financial capability programming, schools – an aggregation point for hundreds, sometimes thousands of young people – seem like an obvious place to start.  However, as YouthSave’s programs in Colombia and Nepal have learned, determining how to successfully work with schools to deliver financial capability programming requires almost as much ...
April 5, 2012 - 10:03pm from MicroCapital
Nepal Rastra Bank (NRB), the central bank of Nepal, reportedly has announced that financial institutions will be allowed to open new branches in the capital of Kathmandu “only after they open a branch outside Kathmandu and one in any of the 30 districts recognised by NRB as deprived of any banking facility” [1]. NRB also will provide interest free loans to banks that open branches in remote areas [1]. The size limit of such loans has not been disclosed. As of 2012, approximately 60 ...
April 2, 2012 - 10:51pm from MicroCapital
Australian micropayment service provider Mobile Handset Initiated Transactions (mHITs) announced that it has partnered with micropayment service provider GCash to deploy an “international remittance corridor to the Philippines” that allows account holders in Australiato send funds to mobile wallet users in the Philippines [1]. Recipients do not need a bank account or transfer agent to use the service [1]. As MicroCapital reported in March 2012,
March 28, 2012 - 7:20pm from MicroCapital
Australian micropayment service provider Mobile Handset Initiated Transactions (mHITs) has reportedly announced that it has added “an international mobile remittance corridor” that allows account holders to send funds to mobile wallet users inGhana[1]. Recipients do not need a bank account to use the service [1]. Remittance services from mHITs may be used to send money from Australia to the Philippines, Ghana and Nepal[2]. Senders incur a fee of AUD 10 (USD 10.5) plus 5 percent of ...
March 23, 2012 - 2:23pm from Global development: Poverty matters blog | guardian.co.uk
Saferworld's Ivan Campbell kicked off a panel discussion on Thursday about China's role in conflict-affected countries with a quote from a government official in South Sudan. "If a man is thirsty, he needs to drink, no matter where the water comes from. China is ready to do things straight away … when the west gives some ...
March 21, 2012 - 9:23pm from David Roodman's Microfinance Open Book Blog
One contention in my work is that the new, experimental microfinance impact studies are more reliable than the older, non-experimental ones, not to the individual success stories on microfinance web sites. A working paper by Ram Rajbanshi, Meng Huang, and Bruce Wydick speaks to this thesis in an interesting way. To whet your appetite for my pedagogic ...
March 16, 2012 - 4:01pm from Center for Financial Inclusion Blog
> Posted by Meghan Greene Today marks the first annual celebration of International ChildFinance Day, an initiative launched by Child & Youth Finance International (CYFI). Child & Youth Finance International is a collaborative effort among banking networks, NGOs, multilaterals, private sector partners, and academics to build a movement toward appropriate financial products and services that help ...
March 15, 2012 - 3:57pm from AidData: The First Tranche
The Hudson Institute recently published figures for the 2011 Index of Global Philanthropy and Remittances, which AidData has posted on its Research Datasets page.  The Hudson Institute's dataset contains figures for total official and estimated private flows from 1991-2009, including remittances, private investment, and philanthropy. It also provides ...
March 15, 2012 - 7:00am from Global development: Poverty matters blog | guardian.co.uk
Sixteen months ago, Delhi-born Ashmeet Kapoor returned to India with a wish to make a difference. The 26-year-old graduate, who had recently completed his masters in innovation management and entrepreneurship at Brown University in the US, knew he wanted to improve the lives of India's rural poor in some way."I wanted to work to ...

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