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©2007 NamasteDirect, all rights reserved. | Updated May, 2006
News & Articles
Archive of Microcredit News Links:
Posted Monday, August 30, 2010
Uruguayan vendor Top Systems has recently signed with BBVA Foundation to provide the technology solution for the microfinance organisations affiliated to the foundation.
A brief narrative of the new debate about microfinance.
Providing quality assurance and implementation help as microfinance institutions grow.
Microfinance companies are increasingly adopting the securitisation model to raise capital.
Posted Friday, August 13, 2010
Grameen Foundation’s Camilla Nestor on the SKS IPO
The company’s $347 million stock issue is set hit the Indian stock market soon and a big part of its pitch to investors is that it is reaching out to help the very poor.
Buoyed by the warm response to the public issue of the country’s largest microfinance firm SKS Microfinance, two more prominent microfinance firm have expedited their listing plans.
Many of the world's largest and most successful microfinance organizations -- including India's SKS Microfinance, started life as nonprofit NGOs.
Posted Wednesday, August 04, 2010
SKS Microfinance Ltd.'s $347 million initial public offering of stock was subscribed 13.8 times after drawing strong investor demand
Although MFIs understand the potential of mobile banking, they have struggled to see how they can take advantage of it.
Muhammad Yunus (1940-) is a Bangladeshi economist best known for his role in the early microcredit movement of the 1970s, and his creation of the Grameen Bank, now one of the world leaders in microfin
Microfinance is proving to be an essential element of growth for poor or rural populations and their businesses.
Posted Wednesday, July 28, 2010
SKS Microfinance raised its initial public offering to as much as $344 million
Grameen Foundation and ThoughtWorks Partner to Extend Microfinance Technology Platform to Global Com
ThoughtWorks, Inc., the global leader in Agile methods of software development, today announced a global initiative to provide software engineering services for Grameen Foundation's Mifos platform.
The Bangladeshi anti-poverty banker Muhammad Yunus is to feature in an episode of The Simpsons.
Gradatim IT Ventures, is one of the leading Information Technology player in the microfinance space.
Posted Wednesday, July 21, 2010
“Investing here means placing money in the hands of poor women,” says Vikram Akula, founder and chairman of SKS Microfinance
The recent decision by its board to close a Seattle nonprofit Unitus and shift its resources to "other strategic areas" prompted Adam Sorensen, a microfinance consultant, to write a response questioni
Kenyan microfinance institutions have for a long time served the unbanked segments of the population despite several obstacles in their quest to access this niche.
Posted Thursday, July 15, 2010
Sam Daley-Harris founder of RESULTS, a citizen lobby on ending global poverty, and founder of the Microcredit Summit Campaign - discusses poverty.
Posted Wednesday, July 14, 2010
A Seattle-based nonprofit that invests in socially focused microfinance institutions in Latin America, announced that the cycle of its first $2 million microfinance investment fund has been completed.
Triple Jump, a Dutch microfinance investment manager, recently has provided a total of $8.5 million debt financing to three South American microfinance institutions.
SKS Microfinance Ltd., India’s largest microfinance company, plans to sell shares in its $250 million initial public offering from July 28 to July 30, according to a sale document obtained by Bloomber
Posted Thursday, July 08, 2010
Food for Thought Microcredit Loan Program
The global recession started in fall 2008 is proving an unprecedented perfect storm and the financial crisis has affected also the real economy, creating widespread social unrest.
Microfinance nonprofit Unitus is closing its Seattle headquarters and laying off more than 40 employees after almost 10 years of operation.
One of the major benefits of microcredit is the way it helps people survive emergencies and unexpected expenses.
Posted Sunday, June 27, 2010
Microfinance is going mainstream - as a result, the industry is likely to attract mainstream scrutiny from the press.
Water.org recently created a subsidiary, WaterCredit, that uses microfinance loans to support water and sanitation projects.
Microfinance institutions have to make sure their peers behave to protect the positive image of the industry.
The press take on the most recent raft of studies about microfinance caused heartburn among both microfinance promoters and academics, as Nicholas Kristof reported in his New York Times blog.
Posted Monday, June 21, 2010
Bill Gates, Melinda Gates, and Warren Buffett are asking the nation's billionaires to pledge to give at least half their net worth to charity, in their lifetimes or at death.
Sunny Mahant continues his work on reducing poverty and in India through education and literacy programs
MFTransparency, a non-governmental organization which promotes accurate and transparent pricing in the microfinance industry, recently expanded its work to Ecuador and Bolivia.
Taps flow for the poor and the credit goes to microfinance.
Posted Friday, June 04, 2010
As SKS Microfinance, India’s largest MFI, looks to sell shares to the public, its critics have been as unforgiving.
Microfinance Event Notice - Redwood City, CA
Nobel laureate Muhammad Yunus, speaking at the Fairmont Hotel here May 24, said he is increasingly wary of the direction the booming microfinance industry is taking.
Posted Tuesday, May 25, 2010
In an interview with Microfinance Focus, Gurcharan Das talked about his support for microfinance and the reason for joining SKS.
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