Countries & RegionsMicrofinance in Rwanda:
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May 25, 2012 - 8:01am
from MicroCapital
According to figures attributed to the National Bank of Rwanda, the country’s central bank, non-performing loans owed to microfinance institutions (MFIs) rose from RWF 3.6 billion (USD 5.8 million) in 2010 to RWF 4.2 billion (USD 6.8 million) in December 2011.
MFI clients’ reported lack of understanding of the costs of borrowing and interest is due to the of many MFI clients to understand their loan agreement has been cited as contributing to the problem. According to Jessica ...
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May 24, 2012 - 10:38pm
from Acumen Fund Blog
Seen & Heard Around Acumen Fund
What you might be missing
May 2 – May 24, 2012
Seen & Heard is a collection of recent headlines in the news about our world, our work, and the spaces and places in between. In each post, we also share a list of job openings at Acumen Fund and in our sector. Seen & Heard ...
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May 24, 2012 - 9:01pm
from Microfinance a Working Solution to Global Poverty
Last Friday, agricultural finance took center stage at the
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May 24, 2012 - 4:21pm
from Mobile Money for the Unbanked
The 2011 Global Mobile Money: service in which the mobile phone is used to access financial services. '>mobile money Adoption Survey allowed us to identify 8 fast-growing mobile money services that are following the path of M-PESA in Kenya. Six of these 8 services are in East Africa, and after Kenya, Tanzania, and Uganda, the mobile money wave is now reaching Rwanda.
In this blog post, we feature MTN MobileMoney in Rwanda, one ...
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May 23, 2012 - 12:51pm
from Microfinance Nigeria
LONDON – 22 May, 2012 — Improving the lives of 3.5 million children per year from the world’s poorest regions is at the heart of a new three-year strategy published by microfinance not-for-profit organisation, VisionFund International.
Working in partnership with World Vision, the global Christian relief, development and advocacy organisation, VisionFund will continue to work globally with a new ‘big push’ strategy which focuses more intently on Africa and Asia.
Scott Brown, ...
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May 22, 2012 - 8:28pm
from Microfinance Africa
LONDON – 22 May, 2012 — Improving the lives of 3.5 million children per year from the world’s poorest regions is at the heart of a new three-year strategy published by microfinance not-for-profit organisation, VisionFund International.
Working in ...
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May 22, 2012 - 11:07am
from Mobile Money Africa
DIAS NYESIGA THE NEW TIMES It is praised as one the most successful stories on carrying out financial transactions. It has also emerged as an effective tool to fight poverty, transforming lives of thousands of Rwandans-mainly rural farmers who lack access to formal banking services. The recent upgrade to the mobile commerce platform now enables
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May 22, 2012 - 9:00am
from Acumen Fund Blog
Below is the full-text of Jacqueline Novogratz’s Commencement Address given at Gettysburg College on May 20, 2012.
Thank you, President Riggs.
David, you’re a hard act to follow. In the past 24 hours as I was listening to your classmates speak, I was thinking that I finally have a sense of what it means to be “Gettysburg Great.” I am so honored to be with you and so honored to be receiving this degree with Karl Mattson who’s such a wonderful person. And I am ...
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May 22, 2012 - 5:19am
from Microfinance Gateway News & Opinion
Jordan: “Microfund for Women beneficiaries’ families to be included in health coverage”
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May 21, 2012 - 7:22pm
from Microfinance Africa
By Dias Nyesiga, The New Times
THE rising default rate by clients of Microfinance Institutions (MFIs) is a result of lack of financial education on the side of clients, according to industry experts.
MFI clients are reportedly challenged with lack of knowledge ...
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May 21, 2012 - 7:22pm
from Microfinance Nigeria
By Dias Nyesiga, The New Times
THE rising default rate by clients of Microfinance Institutions (MFIs) is a result of lack of financial education on the side of clients, according to industry experts.
MFI clients are reportedly challenged with lack of knowledge on the cost of borrowing, determining interests due to their inability to interpret terms and conditions of their loan agreements.
“Terms and conditions are not clearly explained to them, so ...
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May 21, 2012 - 12:35pm
from Microfinance Nigeria
From Insurance in Nigeria
The rise and growth of microinsurance in developing parts of the world can play a central role in the empowerment of women, according to Mark Byrne, founder and chairman of investment vehicle Haverford.
Upwards of 80% of all microinsurance products have so far been distributed in favour of the male population in the developing world, but Mark Byrne, founder and chairman of investment vehicle Haverford, said developing and promoting ...
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May 21, 2012 - 12:34pm
from Microfinance Africa
From Insurance in Nigeria
The rise and growth of microinsurance in developing parts of the world can play a central role in the empowerment of women, according to Mark Byrne, founder and chairman of investment vehicle Haverford.
Upwards of 80% of all microinsurance ...
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May 21, 2012 - 6:56am
from Mobile Money Africa
BERNA NAMATA THE EASTAFRICAN BANKS IN Rwanda are turning to mobile phones in an effort to improve service delivery and cut costs as competition intensifies It is now possible to pay electricity bills, top up airtime, order cheque books, pay DSTV bills and transfer money using a mobile phone. This is in sharp contrast to
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May 17, 2012 - 12:47pm
from Microfinance Nigeria
By Favour Nnabugwu, Vanguard
National Insurance Commission, NAICOM, has condemned the expansion drive of the country’s insurance companies in foreign countries over and above their spread in the country, at the expense of the nation’s untapped market such as micro-insurance.
The commission was particularly peeved by those companies that cannot boast of 10 offices in Nigeria but have offices in other countries such as Rwanda, Ghana, Gambia, Cameroon, Uganda ...
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May 16, 2012 - 12:47pm
from Microfinance Africa
By Favour Nnabugwu, Vanguard
National Insurance Commission, NAICOM, has condemned the expansion drive of the country’s insurance companies in foreign countries over and above their spread in the country, at the expense of the nation’s untapped market such as ...
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May 11, 2012 - 2:13am
from Microfinance a Working Solution to Global Poverty
I recently returned from a week-long Insight Trip to Rwanda with a group of Women\’s Opportunity Network (WON) supporters from the U.K. and the U.S. We traveled in Kigali and to rural villages, visiting with clients and local staff, attending Trust Group meetings, and getting to know how ...
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May 8, 2012 - 4:46pm
from Kiva.org
Raise your hand if you (or your parents) have an outstanding student loan. Okay, now put your hand down -- people are starting to stare.Probably about two-thirds of you raised your hand if you went to college in the United States. That means that two-thirds of you are accustomed to the excruciating realization that, after years of monthly ...
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April 26, 2012 - 2:17pm
from Global development: Poverty matters blog | guardian.co.uk
For far too long, dictators and warlords who have inflicted extensive atrocities on the African people have gone unpunished. This is true when one looks at the scale of crimes against humanity committed across the continent in the recent past in places such as Sudan, Rwanda, the Democratic Republic of the Congo, Liberia and Sierra ...
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April 23, 2012 - 2:18pm
from Global development: Poverty matters blog | guardian.co.uk
Every child should have a fifth birthday, says USAID, which has launched a campaign to excite all of us about the real potential for keeping young children alive and well – together with pictures of some famous children who made it beyond the age of five.A solemn-faced child on a tricycle is Margaret Chan, who grew up to become ...
