Microfinance in Sri Lanka:
Key statistics, MFIs, networks, funders and service providers.
The latest articles about microfinance in Sri Lanka.
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May 24, 2012 - 2:40pm
from CGAP Microfinance Blog
Homogeneity is out; diversity is in. Moving clients to the center of the microfinance discourse is producing new data on who they are and how they use (or could use) financial services.
Financial inclusion means much more than simply having or not having a bank account: it goes beyond the mere availability of services to their adoption and usage. The recently published
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May 23, 2012 - 1:11pm
from Morocco Microfinance Blog
May 22
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May 18, 2012 - 1:25am
from Development Impact - News, views, methods, and insights from the world of impact evaluation
· Data from all 13 rounds of our Sri Lanka microenterprise survey, along with questionnaires and do files are now all up on Chris Woodruff’s website at Warwick.
· NGO Performance discusses the misuse of RCTs in saying the blindingly obvious …”They conclude that one project had a big ...
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May 4, 2012 - 6:25pm
from Reserve Bank of India Notifications
RBI/2011-12/533
A. P. (DIR Series) Circular No.116
May 04, 2012
To
All Category - I Authorised Dealer Banks
Madam / Sir,
Exim Bank's Line of Credit of USD 382.37 million to the
Government of the Democratic Socialist Republic of Sri Lanka
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May 3, 2012 - 1:46am
from David Roodman's Microfinance Open Book Blog
If you follow microfinance blogs, you probably know that the World Bank has released a big database called Global Findex. With muscular funding from the Gates Foundation, the World Bank ran an ambitious polling project to learn about what financial services people use and how they use them—or why they don’t. Some 150,000 people were interviewed in 148 countries. And that’s just the first round: the surveys will be repeated, the grant lasting 10 years.
It’s clear ...
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April 26, 2012 - 4:05pm
from MicroCapital
The International Finance Corporation (IFC), the private-investment arm of the World Bank Group, has partnered with Sri Lankan microinsurance company SANASA (Thrift, Credit and Cooperative Society in Sinhala) Insurance to “develop flexible, affordable, weather-based agricultural insurance products in Sri Lanka to minimize the impact of crop losses due to floods or droughts.” The project is expected to expand access to insurance for 15,000 small-scale farmers and raise awareness of the ...
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April 26, 2012 - 12:06pm
from Microfinance Africa
From Daily News
IFC, a member of the World Bank Group, is working with micro-insurance company SANASA Insurance to develop flexible, affordable, weather-based agricultural insurance ...
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April 26, 2012 - 2:38am
from Banking With The Poor Network: The Official Blog
Lump Sum Payment for Loss of Employment for Migrant Workers
Lanka ORIX Finance PLC has announced the expansion of its Worker Remittance business when it entered into a landmark partnership with a prominent global money transfer brand – Valutrans SPA. Lanka ORIX Finance has been providing convenient, secure and affordable money transfer channels to Migrant Workers in the Middle East and Europe, through Xpress Money and Money ...
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April 26, 2012 - 2:32am
from Microfinance Gateway News & Opinion
"Mexico's Credit Card"
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April 19, 2012 - 5:04am
from MicroCapital
Liberian Senate President Pro-Tempore Gbehzohngar Findley reportedly has disbursed LRD 600,000 (USD 8,100) to provide microloans for small-scale retailers in Liberia’s Grand Bassa County. Sources indicate that the funding is from Senator Findley’s personal funds rather than government coffers.
The money, disbursed evenly among sellers at six markets in Buchanan City, is the first part of a planned LRD 1.4 million (USD 18,000) revolving loan fund. The remaining money will be ...
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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, ...
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April 13, 2012 - 2:35am
from Development Impact - News, views, methods, and insights from the world of impact evaluation
Lots of links this week:
· David Roodman summarizes the new microfinance impact evaluation research at the CGAP blog.
· Capital ways to survive the worst –
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April 2, 2012 - 6:18pm
from BRAC Blog
The following is a post by Hilary Zetlen, who recently volunteered with BRAC Uganda's health program.
Somehow I managed to get from Rwanda to Zambia over the last week by a combination of boda, matatu, feet, bus, hitchhiking, and ferry, which is a subject for another entry - but now I finally have time to write a bit about ...
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April 2, 2012 - 4:12am
from Google news - microfinance
Microfinance in Sri Lanka- The Future?Microfinance FocusMicrofinance Focus, April 02, 2012: A new draft law of Microfinance has been made public. It provides for the establishment of an Authority (MRSA) for the purpose of licensing, regulation and supervision ...
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April 1, 2012 - 8:17pm
from Microfinance Focus
The New Draft Law on Microfinance& the Microfinance Regulatory and Supervisory Authority in Sri Lanka. A new draft law of Microfinance has been made public. It provides for the establishment of an Authority (MRSA) for the purpose of licensing, regulation and supervision of Microfinance Business among other things.
read more
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March 28, 2012 - 12:55pm
from Microfinance Nigeria
By Duru Nnamdi, This Day Live
The International Labour Organisation (ILO)’s Micro-insurance Innovation Facility has put the number of low income earners covered by various forms of micro-insurance products at 500 million.
It made this confirmation in its 2011 annual report that was released to the public recently.
The organisation observed that micro-insurance has expanded dramatically over the years, providing cover for 78 million low-income in the ...
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March 26, 2012 - 11:00am
from David Roodman's Microfinance Open Book Blog
*Yet Another Randomized Trial of Microcredit
The latest randomized study of the impact of microcredit has popped up on the web. Snarky blog post title notwithstanding, I very much welcome having yet another randomized test of microcredit—by my count, the fifth—because only after we test in a variety of forms and circumstances can we generalize with (cautious) confidence. We have been ...
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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 ...
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March 22, 2012 - 8:44am
from Banking With The Poor Network: The Official Blog
March 21, 2012: Sri Lanka’s SANASA Development Bank, a pioneer in microfinance has entered into an enterprise agreement with Microsoft to bring global standards to its Information Technology operations.
The agreement, in partnership with Millennium ESP, the enterprise and service provider business of Millennium IT, and a Microsoft managed partner will equip SANASA with innovative IT tools and technologies that will help them optimize their IT setup and secure a ...
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March 19, 2012 - 9:22am
from Development Impact - News, views, methods, and insights from the world of impact evaluation
“There is nothing in this book that needs to be confirmed by complex laboratory experiments. You have only to open the window or step into the street”, Hernando de Soto, The Other Path, p14., 1989.
Hernando de Soto famously argued that informality is costly for firms, and that informal firms would desperately like to formalize, but are hampered in doing so by the maze of red tape and complicated regulations they must go through in order to be formal. The result has been the ...
