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About 739 results for "microfinance institutions network"

Satin Creditcare raises $10 million through ECB route

CHENNAI: Micro finance institution Satin Creditcare Network has raised $10 million through the ECB (external commercial borrowing) route. This ECB loan has a tenor of eight years and was sanctioned and disbursed by US-based lender World Business ... Times of India, 1 week ago

Mfin looking at RBI approval for small finance banking licence

Microfinance Institutions Network (Mfin) is looking at early clearance of small finance banking licence by the RBI to improve people's access to micro credits. The timely approval will enable basic banking services to reach people in a much more ...
 Hindu Business Line3 days ago MFIs see hurdles to turn into small finance banks  Financial Chronicle1 month ago Small finance banks: Gold loan firms, MFIs seem keen on licence  Sify2 months ago Finance: Egypt's small borrowers have big potential  The Africa Report2 months ago

Turning small could be the big move for MFIs

With the Government stepping on the pedal to make the country financially empowered, the role of microfinance institutions (MFIs) is set to evolve. While they have been torchbearers of financial inclusion over the past decade, recent guidelines from ...
 Hindu Business Line3 weeks ago FINCA Holding USA launches microfinance bank operations  Business Day Nigeria1 month ago MFIs need proper supervision  Graphic Ghana2 months ago Plans to sanitise microfinance operations underway  GhanaWeb2 months ago

First Liberty Micro-finance holds meeting with customers

The First Liberty Micro-Finance Limited, a non-banking financial institution, has held a meeting with its customers in the Brong-Ahafo Region to review its operational activities in 2014. The meeting held in Sunyani and attended by about 500 ...
 GhanaWeb2 weeks ago 12th Annual European Microfinance Network 2015  NextBillion.net1 month ago Rwanda: Micro-Finance Firms Tipped On Regional Businesses  AllAfrica.com1 month ago Micro-Finance Firms Tipped On Regional Businesses  Individual.com1 month ago

Gamfinet Enhances Capacity of Members

By Cherno Omar Bobb The Gambia Microfinance Network (GAMFINET), the umbrella organisation for microfinance institutions (MFIs) in The Gambia, recently organized a five-day training course for members at the GAFNA conference hall. The training ...
 AllAfrica.com1 month ago Gamfinet Ends Training On Monitoring & Evaluation  AllAfrica.com1 month ago

Investors lap up microfinance cos, may pump in over $1 bn in 2015

MUMBAI: Microfinance institutes in the country have seen deals worth $500 million (Rs 3,000 crore) in the last seven lion (about or so months, indicating a strong revival of investor interest in the sector five years after it was hit by a policy ...
 Economic Times6 days ago

MFIs scout for domestic equity ahead of bank licence

Microfinance Institutions (MFIs), which have been keen contenders of small bank licence from the Reserve Bank of India (RBI), are faced with a roadblock in complying with norms related to domestic equity holding. The RBI norms do not allow foreign ...
 Sify1 month ago After founder Vikram Akula, SKS to seek small bank licence  Economic Times3 weeks ago EIB extends a € 50 million SME support credit line to Equity Bank  Kenya Broadcasting Corporation1 month ago
Calcutta Telegraph

MFIs' gross loan portfolio rose 47% in Q2 FY15

The aggregate gross loan portfolio of microfinance institutions (MFIs) grew 47 per cent to Rs 28,810 crore in the second quarter ended on September 30, 2014 against the same period a year ago, according to data compiled by industry body Microfinance ...
 VC Circle2 months ago Microfinance sees rapid loan growth  Calcutta Telegraph3 weeks ago Gross loan portfolio of MFIs up 47% in Q2  Hindu Business Line2 months ago Indian MFIs gross loan portfolio rose 47% in Q2 FY15  NextBillion.net2 months ago

PMN for setting up of Financial Sector Ombudsman Office

January 06, 2015 Pakistan Microfinance Network (PMN) has recommended setting up of an independent Financial Sector Ombudsman Office to effectively deal with the genuine grievances and complaints of the general public to have a win-win ...
 Business Recorder3 weeks ago

Ujjivan close to raising Rs 600 crore

Bengaluru-based Ujjivan Financial Services, a highly regarded microfinance institution (MFI), is expected to close its largest private equity funding round of around Rs 600 crore very soon. According to information available from multiple ...
 Smart Investor1 month ago
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