Peruvian Bank to Boost Loans to Women Microentrepreneurs
Lima, Peru, August 30, 2010 - Banco de la Microempresa S.A. or Mibanco will increase microfinancing to women entrepreneurs in Peru with the equivalent of $36 million in Peruvian soles provided by the IDB’s syndicated loan...[more]
Monthly Commentary July
In July the Fund invested 1.5 Mio USD in the form of direct loans to MFIs from Georgia and Ecuador. Some deals totaling 7.5 Mio USD were booked for later disbursement during the next months. By the end of July the Fund registered...[more]
Monthly Commentary June
In June the fund remained almost fully invested in microfinance (86 %). We booked a few new deals for later disbursement in the coming months. The Fund’s total microfinance investment portfolio yield was 8.4% p.a., and a modified...[more]
The New York Times: With Impact Investing, a Focus on More Than Returns
The very phrase “impact investing” sounds rapacious, but it is an emerging hybrid of philanthropy and private equity that proponents say is about to become more widespread. It is also something that has some very rich people...[more]
Symbiotics: Nigeria - The Hidden Merits of Microfinance
Abuja, Nigeria, April, 05 2010 - In Nigeria, only about 35% of the economically active population has access to formal financial services, according to the Microfinance Policy, Regulatory and Supervisory Framework for Nigeria,...[more]
Financial Times: The bigger picture for microfinance
Mercedes Canalda de Beras-Goico faces a balancing act familiar to many leaders of growing businesses: how to manage rapid expansion while staying close to her core clients. Unlike most business leaders, however, her largely...[more]
Symbiotics: United States - Muhammad Yunus replies to 10 questions related to microfinance and current global issues.
Do you think it is ethical to charge the poor interest and make a profit out of it? —Hasan Iqbal, Sundsvall, Sweden In Bangladesh, Grameen Bank charges the lowest rate among all microcredit programs, and yes, we make a profit....[more]