Countries & Regions

Microfinance in Uganda:

May 25, 2012 - 3:00pm from Kiva.org
If you've ever managed a large group of people, you know how hard it is to both listen to everyone's needs and understand what is best for the group as a whole. Now think about the many complex challenges faced by the poor around the world, and you can see how difficult it is for microfinance institutions (MFIs) in developing countries to move beyond a ...
May 25, 2012 - 11:38am from Mobile Money Africa
Maureen Nakigozi Ugandapicks Following reports that MTN Uganda had fired eight employees over a sh14b loss which was caused by Mobile money fraud, the head of public access and mobile money Richard Mwami has sued the company over unfair dismissal. Mwami was sent out of office on April 25, 2011 after fraud was detected .He
May 25, 2012 - 11:04am from Mobile Money Africa
BY JEFF MBANGA The Observer Suspense account manipulated MTN Uganda explains scam Crafty MTN Uganda staff manipulated the mobile money suspense account –where cash from poorly executed transactions is kept – and stole up to Shs 15 billion, The Observer has established. News of the scam broke only on Wednesday but top managers have known
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 ...
May 24, 2012 - 9:01pm from Microfinance a Working Solution to Global Poverty
Last Friday, agricultural finance took center stage at the
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 ...
May 24, 2012 - 11:01am from Mobile Money Africa
A top manager at MTN Uganda is the first high-profile victim to lose his job following a mobile money scam, one of the biggest corporate frauds in Uganda in the recent days. Although the scam did not directly affect customers, it exposed the level of risk to both the customers and operators.
May 23, 2012 - 5:09pm from Kiva.org
This post is by Mary Lynn Halland, a long-time Kiva lender who took her daughter to Nepal to see the power of microfinance firsthand. This post is part of a May guest series honoring mothers, women and the lenders who help them build brighter futures."Everyone can help." That was the life lesson I was hoping to impart to my daughter when we joined Kiva in 2007.Even better, Kiva lets you help other people without giving them anything -- just lending them a few dollars. ...
May 22, 2012 - 12:15pm from Microfinance Nigeria
WASHINGTON, FRANKFURT, Germany and ATLANTA, May 21, 2012 /PRNewswire via COMTEX/ — Investment in Musoni Kenya will Expand Access to Financial Services Grameen Foundation, KfW and CARE’s Access Africa Fund announced they have each purchased a 25 percent stake in Musoni Kenya, the first microfinance institution to provide financial services to the poor entirely via mobile phones. Based in Nairobi, Kenya, it provides microloans largely to people who are underserved by the formal ...
May 22, 2012 - 12:11pm from Microfinance Africa
WASHINGTON, FRANKFURT, Germany and ATLANTA, May 21, 2012 /PRNewswire via COMTEX/ — Investment in Musoni Kenya will Expand Access to Financial Services Grameen Foundation, KfW and CARE’s Access Africa Fund announced they have each ...
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 ...
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 ...
May 21, 2012 - 12:23pm from Microfinance Nigeria
By Emmanuel Opio, Daily Monitor Vendors in Lira District have sued the Microfinance Support Centre (MSC) after a contract they signed for a Shs176.4 million loan, was cancelled. The 4,800 vendors now want the High Court in Lira to compel the government-owned centre to pay them Shs41 million for breach of a contract they signed through a Memorandum of Understanding. According to the MoU signed on August 12, 2011 by the vendors headed by James Okello of ...
May 21, 2012 - 12:20pm from Microfinance Africa
By Emmanuel Opio, Daily Monitor Vendors in Lira District have sued the Microfinance Support Centre (MSC) after a contract they signed for a Shs176.4 million loan, was cancelled. The 4,800 vendors now want the High Court in Lira to compel the government-owned ...
May 21, 2012 - 12:00am from Symbiotics Group Press Releases
Regmifa successfully attains the USD 50 million mark reaching more than 112,000 borrowers, 91% of which micro-, small and medium enterprises (MSMEs). The Regional MSME Investment Fund for Sub-Saharan Africa S.A., SICAV-SIF (REGMIFA) celebrates its second anniversary with good performance results in 2011 and promising prospects for 2012. Development Finance Institution (DFI) investors have  created a successful track record for crowding ...
May 18, 2012 - 3:50pm from Acumen Fund Blog
Editor’s Note: This blog was originally posted on Tamsin Chislett’s blog on Thursday, May 18. Acumen Fund’s East Africa Fellows visited some of our organic cotton farmers yesterday. It took a while to get to the village, not least because a truck driver had broken down on a narrow road ahead of us, locked up ...
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 ...
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 ...
May 15, 2012 - 1:08pm from Global development: Poverty matters blog | guardian.co.uk
George Mungai is an unlikely TV star. The softly spoken farmer and father of six lives in a tidy compound of houses, all wood and corrugated iron, among the cool, misty hills outside Nairobi. But thanks to Shamba Shape-Up, a reality show that does for Kenyan farms what Extreme ...
May 14, 2012 - 8:36pm 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. I first met Isobel Coleman, Senior Fellow for U.S. Foreign Policy and Director of the Civil Society, Markets and ...

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