We have written about microinsurance before, including SKS’s Vikram Akula’s decision to develop a product for his customers. Now, Bajaj-Allianz and CARE India will be developing a product of their own. In an interesting partnership between the charity and a commercial…

One of the most recognizable names in Indian microfinance has decided to step down from his role as CEO. Vikram Akula, the visionary founder and leader of SKS Microfinance will step down.

Mr. Akula says that this change will allow him…

Here is your daily dose of headlines about innovative or anti-innovative ideas from around the country:

• Microfinance
  • ACCESS Development Services and Agency for Technical Cooperation and Development will work to build cooperation between Europe and India to assist 20 MFIs in the country.
  • SKS…

• Microfinance: SKS Microfinance is getting serious about microinsurance, by partnering with Bajaj Allianz to provide coverage to its members. Also, ACCESS Development Services will be providing intensive capacity building support to MFIs in India, and access to loans from European cjompanies. The…

The intent of the microfinance movement has been to build “financial systems that work for the poor majority.”  The involvement of international financial institutions undoubtedly enhances this cause, enabling the poor to better access financial services.

As it turns out, ING Microfinance Support…

From PSD Blog — World Bank Group:

A new health insurance plan will enable the poor in India to buy health insurance for less than 10 cents a month, and it will cover natural disasters including Tsunamis.

The new program is a…