Peru Market Profile

July 2, 2015 - 6:32pm from Center for Financial Inclusion Blog
> Posted by Jeffrey Riecke, Senior Communications Associate, CFI GSMA’s Mobile Money for the Unbanked (MMU) program recently released the report ‘Mobile ...
June 30, 2015 - 2:55pm from Center for Financial Inclusion Blog
> Posted by Elisabeth Rhyne, Managing Director, CFI #478613226 / gettyimages.com I recently attended the annual meeting of the Microfinance Network (MFN), which was hosted by the Alexandria Business Association in Alexandria, Egypt. MFN is a global network of some of the largest and leading microfinance institutions, and its ...
June 25, 2015 - 8:20am from BRAC Blog
This blog was originally posted on 59 minutes of development and  Next Billion.   Since January, when six randomised control trials were published ‘definitively’ stating that microcredit is not a viable poverty alleviation tool, microfinance has ...
June 25, 2015 - 8:06am from Accion Ambassadors
My first week as an Accion Ambassador went by in a flash, but being assigned to Accion’s partner Akiba Commercial Bank in Tanzania has already resulted in a number of first experiences for me. It is my first time in Dar es Salaam, in Tanzania, and in Africa. My first time on the Indian Ocean, and in a city with a large Muslim population (a fact that greatly adds to its diversity). And last, but not least, the first time I had to deal with a significant time difference from my home in the ...
June 22, 2015 - 4:07pm from Center for Financial Inclusion Blog
> Posted by Center Staff What’s happening this week in the world of financial inclusion? Check out the second issue of our new weekly online magazine, the Financial Inclusion 2020 News Feed. In case you missed the inaugural issue, each Monday the FI2020 News Feed will bring you the big news in financial inclusion. We’ll pull from all over to spotlight great new stories, initiatives, ...
June 4, 2015 - 5:50am from BRAC Blog
This blog was originally posted on the Center for Financial Inclusion Blog.   Microfinance clients at a village organisation meeting in Rajshahi This month, the results from six ...
June 1, 2015 - 9:39pm from Center for Financial Inclusion Blog
> Posted by Shameran Abed, Director, BRAC Microfinance Program Shameran Abed, BRAC’s Director of Microfinance, joined the Microfinance CEO Working Group in January. He joins the Working Group’s efforts to support the positive development of the microfinance industry and brings tremendous insight into the ...
June 1, 2015 - 7:26pm from MicroCapital
During the year ending December 2014, the Impulse Microfinance Investment Fund (Impulse Fund), which is managed by Belgium’s Incofin Investment Management (Incofin), sold its equity stakes in India-based Grameen Koota and the Mexican operations of El Salvador-based Apoyo Integral Inversiones, according to a recent announcement by Incofin. Whilst the Impulse Fund sold its stake of about 10 percent in Grameen Koota to a fund specializing in microfinance, its participation in the Mexican ...
June 1, 2015 - 2:51pm from MicroCapital
“A multifaceted program causes lasting progress for the very poor: Evidence form six countries;” published by Science, 15 May 2015, available at http://www.sciencemag.org/content/348/6236/1260799.full This study reports that a multifaceted “graduation” program generated improvements in the wellbeing of the “poorest of the poor.” The program provides families with a free productive asset, such as a ...
May 16, 2015 - 5:03am from MicroCapital
The International Finance Corporation (IFC), a member of the US-based World Bank Group that offers financial services to businesses and governments in developing countries with the aim of increasing economic growth, recently announced that it has lent USD 40 million to Banco Internacional, a commercial bank in Ecuador. The aim of the loan is to facilitate on-lending to small and medium-sized enterprises (SMEs). An unspecified portion of the loan will be dedicated to women-owned ...
May 13, 2015 - 5:15am from MicroCapital
During April 2015, Austria’s C-Quadrat Asset Management disbursed from its Dual Return Funds local-currency loans totaling USD 1.25 million to unspecified microfinance institutions (MFIs) in Armenia and Ghana. Of the total, USD 500,000 was lent to the MFI headquartered in Accra, Ghana, which was founded in 2007 and provides services to micro-, small, and medium-sized enterprises (MSMEs). C-Quadrat Asset Management oversees two funds, Dual Return Fund – Vision Microfinance and Dual ...
May 11, 2015 - 1:01pm from MicroCapital
Event Name: Webinar: Data Driven Social Performance Management Event Dates: English-language webinars will be held on May 26, 2015, at 7:00 AM Eastern US Time and May 27, 2015, at noon Eastern US Time. A Spanish-language version of the webinar will be held on May 28, 2015 at noon Eastern US Time. Event Location: Online Event Summary: The hour-long session will feature a new tool available on the website of the US-based nonprofit Microfinance Information Exchange ...
May 9, 2015 - 1:45pm from MicroCapital
“Aging and Financial Inclusion: An Opportunity;” published by HelpAge International and Accion’s Center for Financial Inclusion; 2015; 40 pages; available at https://centerforfinancialinclusionblog.files.wordpress.com/2015/02/aging_and_financial_inclusion_an_opportunity.pdf This report highlights various barriers and opportunities in providing financial ...
May 6, 2015 - 3:49pm from Microfinance Africa
Micro-insurance is a new concept where premium is set in such a fashion that the low-income people can afford to pay it and get the benefit of insurance services. But then micro-insurance has been receiving less attention as an inclusive financial service for the poor and low-income people. Many developing and under-developed countries have already introduced micro-insurance. Some countries, such as Brazil, Peru, India and the Philippines have incorporated micro-insurance in their ...
May 6, 2015 - 2:33pm from Center for Financial Inclusion Blog
> Posted by Elisabeth Rhyne, Managing Director, CFI Since 1992, when Accion created BancoSol in Bolivia, the first private commercial bank dedicated to microfinance, Accion’s aim has been to create a financially inclusive world, primarily through building financial institutions that serve the base of the pyramid. Accion has contributed to the birth, growth, or strengthening of 66 microfinance institutions in 34 countries, which ...
May 4, 2015 - 10:08pm from Acumen Fund Blog
Acumen today announced its expansion to support social entrepreneurship in Latin America. The pioneer in impact investing will be headquartered in Bogotá and will invest in innovative entrepreneurs and enterprises in Colombia and Peru to drive faster, sustainable solutions to poverty and create new paths forward to tackle economic inequality. While extreme poverty in Latin America has declined by half, more than 80 million people still live ...
April 27, 2015 - 4:29pm from Center for Financial Inclusion Blog
> Posted by Nelly Agyemang-Gyamfi, Program Coordinator, CFI On the 6th of April, 68 financial inclusion stakeholders from 23 countries across the globe arrived in (a thankfully snowless) Boston to commence the 10th annual HBS-Accion Program on Strategic Leadership in Inclusive Finance. Over the past decade, the deeply immersive, week-long program has trained ...
April 15, 2015 - 4:00pm from The Microfinance Research Blog
We don’t write blogs purely for ourselves — we write them to be read. For people who live far from family and friends, blogs serve twin readerships: they give the intrepid traveler a simultaneous way to chronicle travels for a broad audience and update those back at home. We love following the worldly adventures of these four expats and nomads, and we’re sure their friends appreciate the virtual lifeline, too!
April 13, 2015 - 4:49pm from Center for Financial Inclusion Blog
> Posted by Elisabeth Rhyne, Managing Director, CFI The following post was originally published on the MasterCard Center for Inclusive Growth blog. Reaching full financial inclusion by 2020 will require supportive policies in every country around the globe. The Economist Intelligence ...
March 30, 2015 - 3:13pm from Center for Financial Inclusion Blog
> Posted by the Platform for Inclusive Finance (NpM) How has the microfinance industry leveraged regulation and supervision to safeguard client wellbeing? In priority areas like over-indebtedness, acceptable pricing, and transparency, what progress has been made to ensure that institutions are operating responsibly? And in cases where regulatory actions have been taken, how have they been implemented? A recent research project conducted by EY and the Platform for ...