Countries & RegionsMicrofinance in Tunisia:
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May 24, 2012 - 6:00am
from Global development: Poverty matters blog | guardian.co.uk
As the presidential election process gets under way in Egypt this week, an equally important debate has been going on in London about new ways to bring about the country's economic development.Together with Tunisia, Egypt has been chosen as a new area of operation for the multilateral European Bank for Reconstruction and Development ...
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May 21, 2012 - 6:44am
from Mobile Money Africa
MFW4A.ORG The Tunisian Mail (La Poste Tunisienne) has entered a partnership with mobile phone operator Tunisiana to launch a new mobile banking service in Tunisia. The Tunisian Mail (La Poste Tunisienne) has entered a partnership with mobile phone operator Tunisiana to launch a new mobile banking service in Tunisia. Called Mobiflouss, it is a new
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May 9, 2012 - 3:11pm
from MicroCapital
UK-based financial services company HSBC (formerly known as the Hongkong and Shanghai Banking Corporation), Dubai-based microfinance investor Grameen-Jameel and Bankers without Borders (BwB), a program of the US-based Grameen Foundation, are partnering to provide financial and technical expertise to microfinance institutions (MFIs) in the Middle East and North Africa. Starting in 2012, HSBC staff based in the United Arab Emirates (UAE) will be deployed to provide technical assistance to ...
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May 8, 2012 - 2:14pm
from MicroCapital
The International Finance Corporation (IFC), the private-investment arm of the World Bank Group, is sponsoring a series of workshops for small and medium-sized enterprises (SMEs) in Egypt “on how to implement sound corporate governance standards to improve their performance, increase access to finance and foster sustained growth.” The program is intended to increase the development SMEs, which some consider a major component of the Egyptian economy. The workshops are partially supported ...
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April 25, 2012 - 1:42pm
from MicroCapital
Grameen-Jameel Microfinance Limited, a joint venture of the US-based Grameen Foundation and the UK-based Abdul Latif Jameel Foundation, reportedly has provided a loan of USD 1.5 million to the Jordan Micro Credit Company (Tamweelcom), a Jordan-based microfinance institution (MFI). The investment is expected to fund loans to approximately 4,000 micro-entrepreneurs inJordanover an unspecified timeframe. Grameen-Jameel made its first loan to Tamweelcom in 2008 in the amount of USD ...
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April 3, 2012 - 8:41pm
from BRAC Blog
By Rod Dubitsky, Board Member, BRAC USA
In this highly partisan political season, where economic calamity is deemed inevitable if the wrong party is elected, “The Coming Prosperity” is a refreshing new entrant on the bookshelf. It is a book at odds with political rhetoric, but squares nicely with emerging global trends. The argument, in a ...
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March 20, 2012 - 1:42pm
from Microfinance Africa
By Kwesi Acquah, Myjoyonline.com
Investopedia, an investment dictionary website, defines microfinance as “A type of banking service that is provided to unemployed or low-income individuals or groups who would otherwise have no other means of gaining financial services. Ultimately, the goal of ...
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March 14, 2012 - 6:47pm
from Private Sector Development Blog
The historic changes in Tunisia since the Arab Spring revolution of last year have opened many new opportunities – notably the potential to revitalise a dynamic and entrepreneurial private sector. Technology and social media played an important role in bringing about the revolution. So it is logical to expect that information and communication technologies (ICTs) will continue to be important in the post-revolutionary phase of Tunisia’s development. But to find out ...
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February 27, 2012 - 2:00pm
from myKRO
Mobile Banking is growing significantly, so I love hearing about new launches that help mobile microfinance. Recently, Creova, a French company launched a Mobile Money Solution in North Africa:
“Creova (http://www.creova.com), a leader in developing Mobile Money solutions, has announced the launch of the first Mobile Payment service in North Africa, the mdinar®. The mdinar® is an m-Wallet service deployed by Creova, through its local service provider Viamobile, in Tunisia in ...
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February 24, 2012 - 11:16am
from Mobile Money Africa
Creova, a leader in developing Mobile Money solutions, has announced the launch of the first Mobile Payment service in North Africa, the mdinar©. The mdinar© is an m-Wallet service deployed by Creova, through its local service provider Viamobile, in Tunisia in partnership with the Banque Internationale Arabe de Tunisie (BIAT), ENDA Inter-Arabe (a leading microfinance
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February 21, 2012 - 10:00am
from CGAP Microfinance Blog
The interconnected nature of today’s world makes instability and conflict—even in distant corners of the world—a much greater threat to global security. And despite a rise in global wealth, we all know far too well that ...
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February 9, 2012 - 11:03am
from Global development: Poverty matters blog | guardian.co.uk
It is the talk of the cafes in Kasserine, a town set in an arid plain overlooked by the Jebel ech Chambi mountain that separates Tunisia from Algeria. A year ago, as Tunisia rose up against the regime of Zine al-Abidine Ben Ali, the town's young ...
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February 2, 2012 - 2:00pm
from CGAP Microfinance Blog
For the Arab World, 2011 was historic. The Arab Spring, ignited in Tunisia, quickly spread to Egypt, Libya, Syria and other Arab countries. The year brought much hope and a sense of opportunity as Arabs from the Atlantic Ocean to the Arabian Gulf saw the possibility of a future without dictatorship, corruption and hypocrisy – the reasons ...
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February 1, 2012 - 9:18pm
from Microfinance Focus
Microfinance Focus, February 2, 2012: International Finance Corporation (IFC) may lend a local currency loan of up to 10 million Tunisian dinar ($7 million) of up to 5 years to support microfinance activities of ENDA Inter-Arabe, a private microfinance institution in Tunisia.
Together with the loan, IFC is working on an Advisory Services package with ENDA, focusing on risk management and institution building.
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January 5, 2012 - 9:07pm
from MicroCapital
SANAD Fund for MSME, a Luxembourg-based investment fund, has invested in Lebanon for the first time with a USD 5 million loan to BLC Bank sal, a Lebanese commercial bank. The loan will allow BLC to expand its lending to small and medium-sized enterprises.
SANAD Fund for MSME (SANAD) provides medium- and long-term debt and equity financing to commercial banks, microfinance institutions (MFIs) and other financial institutions in the Middle East and North Africa (MENA) with the intent ...
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December 29, 2011 - 9:05am
from MicroCapital
Grameen-Jameel, a joint venture of the US-based Grameen Foundation and the UK-based Abdul Latif Jameel Foundation, recently announced in its first “partners’ meeting” that it has reached 1.5 million clients through its partner microfinance institutions (MFIs) [1]. Grameen-Jameel, which deems itself a “social business,” supports MFIs by providing loans for early-stage MFIs and guarantees for MFIs seeking to access local-currency commercial loans. As of November 2010, Grameen-Jameel ...
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December 20, 2011 - 6:04pm
from Creating a World Without Poverty
Alex Counts is president, CEO and founder of Grameen Foundation, and author of several books, including Small Loans, Big Dreams: How Nobel Prize Winner Muhammad Yunus and Microfinance are Changing the World.
Last week I had the pleasure of visiting the historic city of Istanbul for the first time, on the occasion of the ...
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December 20, 2011 - 7:00am
from Global development: Poverty matters blog | guardian.co.uk
Last year, the price of global food floated high as ever. That's bad news for most of us, but not for those who trade commodities. In fact, 2011 was a great year for the traders, who thrive on bad news, currency woes, drought, flood, freeze, fire and all other manifestations of imminent apocalypse.2011 ...
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December 19, 2011 - 4:00pm
from CGAP Microfinance Blog
As spring turned to summer and now winter, the uprisings in the Middle East and North Africa continue. At first the euphoria was widespread as Arabs across the region began to see a future for the first time without dictatorship, corruption, and hypocrisy. Nearly one year after Mohammed Bouazizi’s self-immolation on December 17 in Tunisia, the ...
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December 19, 2011 - 1:45pm
from Global development: Poverty matters blog | guardian.co.uk
What you make of 2011 depends on your vantage point. The year's events look completely different depending on whether you are sitting at the bottom or the top, in the old north or the old south.From the bottom, this was a year of protest and revolution, toppling tyrants and throwing up new governments in Tunisia, Egypt, Libya ...
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