Sa-Dhan, an association of community development finance institutions in India will host a National Microfinance Conference in New Delhi on March 31, 2009. The conference is centered on the theme, ‘Microfinance Ecosystem: Equilibrium Between Growth & Effectiveness’.
One of the goals for…
Nirantara Community Services, Arohan, and Sanghamithra Rural Financial Services have been announced winners of Royal Bank of Scotland and PlaNet Finance’s India’s Microfinance Process Excellence Awards .
They were the third annual awards and the winners for the awards were selected from a pool of 67 nominees, which were…
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…
Madura Micro Finance has received an investment by Unitus Equity Fund to ramp up their offerings to women self help groups (SHGs) in rural India.
Madura Micro Finance will use UEF’s funding to increase its management bandwidth and institutional capacity as…
According to Mr Chu, “to roll back poverty rather than to merely alleviate it”, any solution needs to be able to reach massive numbers, deliver permanent results that can help many generations, provide continuous effort so it gets better and…
Badhri Jagannathan on 13 October, 2008 in UncategorizedIndia Post has inked an agreement with National Bank of Agriculture and Rural Development (NABARD) to facilitate micro-credit to women-run Self Help Groups (SHG) in eight states and north eastern states.
In this strategic partnership, India Post will lend the unparalleled reach it has…
The global credit crunch has led to a significant drop in fund flow to the microfinance sector. Banks, which are required to provide 32-40 percent of their loans to the priority sector (which includes rural credit), are the largest providers…
Here are two stories from Microcapital.org:
So, it looks as though many smaller MFIs will now become absorbed by the larger players as the microfinance sector is expected to enter into period of substantial consolidation within India. According to Microcapital.org,
The sector, which has lent close to…
Thumbs up: Obopay and Grameen Solutions partner together to provide microfinance services to clients. The initiative will be called the “Bank A Billion Initiative.”
The premise of the project is to provide access to basic financial services through cell phones, reducing the need…
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