The theme of this year's competition was the provision of microfinance
services in post-disaster, post-conflict areas, and in fragile states.
There are more than 300 Islamic microfinance
institutions (IMFIs)working in 32 countries of the world but funding has always been a critical issue in the Islamic microfinance
Apna Bank (former Network Microfinance
Bank) was a district based microfinance
bank (MFB) operating in Karachi with five branches, said SBP statement here on Wednesday.
The central bank of Kenya has given its approval for Choice Microfinance
Bank to conduct microfinance
business in Kenya.
CEO Working Group has worked hard to foster a diverse, collaborative and honest platform for advancing our industry's mission to reach the 2.
Bank seeks to offer simple yet effective financial services to MSMEs that have limited or no access to formal banking services" said Zine Otmani, Managing Director, La Fayette Microfinance
The facility is expected to graduate smaller MFBs/ MFIs to avail credit lines from commercial banks/ DFIs for onward lending to microfinance
clients, says a statement issued here Wednesday.
The minister praised, when she launched Tuesday at the Sudanese Banks' Union Hall which a study prepared by the Women and Family Department at the ministry in collaboration with the United Nations on the Policies and Social Impacts of Microfinance
on Women, the role of the institutions working in the field of microfinance
BEIRUT: The launch Wednesday of a new microfinance
association that gathers non-governmental organizations and financial institutions under one umbrella will minimize cross-lending practices in this sector, microfinance
experts said Wednesday.
Having heard about the Al-Amal Microfinance
Bank (AMB), which was established in 2009 to run micro enterprises, Bashir Al-Haj headed for one of the AMB's branches in Sana'a with the hope of getting a loan.
Across countries and methodologies, microfinance
is most likely to have a short-term positive effect; regionally, the most positive impacts are seen in Africa.
2% of the MENA region's gross domestic product, and lending by microfinance
providers reaches only 1.