Countries & RegionsMicrofinance in Serbia:
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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 18, 2012 - 4:05pm
from Global development: Poverty matters blog | guardian.co.uk
When the global financial crisis struck in 2008, the World Bank's social development unit and the Institute of Development Studies in the UK set out to examine in "real time" how around 3,000 people in 17 developing countries coped with the shock of higher food and fuel prices.The joint project has resulted ...
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March 15, 2012 - 11:32am
from MicroCapital
Telenor Pakistan Limited, a telecom operator in Pakistan with 28.5 million customers, recently announced that it will increase its focus on its mobile banking unit to face increased competition in the sector. In January, Telenor Pakistan’s mobile banking service, EasyPaisa, facilitated transactions totaling USD 3.5 million through 16,000 outlets which offer a variety of services such as microloans, bill payments and money transfers. Approximately two percent of Telenor Pakistan’s total ...
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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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December 27, 2011 - 10:03am
from MicroCapital
Asasah, a microfinance institution (MFI) in Pakistan, reportedly has announced that it will be utilizing Easypaisa, the branchless banking service of MFI Tameer Microfinance Bank Limited (TMFB) of Pakistan, as an option for borrowers to repay their loans [1]. Easypaisa is a joint venture of TMFB and Telenor Pakistan, a subsidiary of Norwegian mobile communications company Telenor Group. Easypaisa users are able to conduct financial transactions using mobile phones or by visiting an ...
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December 23, 2011 - 3:28pm
from MicroCapital
The European Fund for Southeast Europe (EFSE), a microfinance investment fund incorporated in Luxembourg, recently announced that the Small and Medium Business Credit Support (SMBCS), a subsidiary of the Central Bank of Armenia, will invest EUR 2 million (USD 2.6 million) in EFSE’s new Armenia Local Currency Facility. The facility, which is intended to support local-currency lending to small and medium-sized enterprises (SMEs) in the country, remains open to further donor funds from ...
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December 22, 2011 - 2:59pm
from MicroCapital
Mol Bulak Finance, a microfinance institution (MFI) in the Kyrgyz Republic, will receive a syndicated loan in local currency equivalent to USD 9 million arranged by the European Bank for Reconstruction and Development (EBRD), an international financial institution headquartered in London [1]. EBRD will provide USD 3 million of the principal while the Netherlands Development Finance Company (FMO in Dutch), a public-private partnership, will provide USD 6 million. The loan has been arranged ...
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December 7, 2011 - 1:14am
from MicroCapital
The European Fund for Southeast Europe (EFSE), a microfinance investment fund incorporated in Luxembourg, has reported to MicroCapital that it has made a loan equivalent to USD 13.4 million to Intesa Sanpaolo Banka, a commercial bank in Bosnia and Herzegovina.
Intesa Sanpaolo Banka is majority-owned by Intesa Sanpaolo Group, an Italian banking group formed from the merger of Banca Intesa and Sanpaolo IMI. It offers various products including loans to small and medium-sized ...
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August 27, 2011 - 2:58pm
from Mundo Microfinanzas
(Por Martín Páez Molina – Publicado en Microdinero) La publicación de The Handbook of Microfinance (World Scientific, Singapur, 2011), presentada por el Centre for European Research in Microfinance (CERMi), está llamada a ser uno de los acontecimientos editoriales del año para las microfinanzas.
Como ya informó este diario, se trata de un ...
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August 4, 2011 - 4:03pm
from MicroCapital
Boston Consulting Group, a US-based management consulting firm, recently released a study it conducted for Telenor Group, a Norwegian communications service provider with operations in 11 European and Asian markets, looking at what effect mobile financial services may have through the year 2020 [1]. The study, named “Socio-economic impact of mobile financial services,” considers five countries: Bangladesh, India, Malaysia, Pakistan and Serbia. Telenor Group’s fully owned subsidiary, ...
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July 8, 2011 - 5:03am
from MicroCapital
The European Fund for Southeast Europe (EFSE), a microfinance investment fund incorporated in Luxembourg, recently reported to MicroCapital that it has made debt investments worth a total of EUR 34 million (USD 49.7 million) in three banks that support micro-, small and medium-sized enterprises (MSMEs): Raiffeisen Banka Serbia, ProCredit Bank Macedonia and Mikrofin Banka Luka of Bosnia and Herzegovina.
In Serbia, EFSE is providing a long-term credit facility of EUR 25 ...
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July 6, 2011 - 10:49am
from Morocco Microfinance Blog
"Overall, mobile financial services can reduce financial exclusion by 5 percent to 20 percent through 2020 and increase gross domestic product (GDP) by up to 5 percent, with Pakistan, for instance, potentially seeing a 3 percent uplift," the study said.
It added that improved access to finance fostered entrepreneurship, new business creation and ...
MIX Recent Features
May 2, 2011 - 2:04pm
from MIX Recent Features
Насколько же сильно отразился всемирный экономический и финансовый кризис на микрофинансовом секторе в Восточной Европе и Центральной Азии (ЕЦА)?
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April 4, 2011 - 11:16pm
from AidData: The First Tranche
My day job is to teach courses on international relations at the College of William and Mary. I'm currently teaching a course called International Relations in Disciplinary Perspective. The idea is to look at similar issues (war, terrorism, trade, human rights, development, etc...) from multiple disciplinary perspectives. This allows students to make their own (informed) judgments about ...
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March 28, 2011 - 4:21pm
from Universal Postal Union blog
Guest contribution by Hans Boon
New initiatives are seen in South America: in Ecuador and Uruguay the Posts have entered into new partnership agreements with banks to mobilize small savings and collect or distribute payments, while Brazil’s ECT Correios has launched the selection process for the strategic partner of Banco Postal.
In Africa the developments in postal financial inclusion are on the fast lane: in ...
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