In Pakistan, micro finance
is proving popular amongst the growing SME sector; SMEDA, the country's SME development authority, calculates that nearly 90% of companies are SMEs, most of them operating in the informal sector, so the demand for micro finance
is also growing.
To get the business off to a strong start, Centrum has executed definitive agreements to acquire the micro finance
business of FirstRand Bank India (FRBI).
Karachi -- Buksh Foundation partners with KIVA Micro Finance
for supporting micro entrepreneurs in meeting development sector goals and alleviating poverty in the country.Buksh Foundation has partnered with KIVA Micro Finance
; a USA based nonprofit organization, operating with a global network of channeling to mobilize funding and relieve poverty, for empowering people around the world.
The most frequent question asked by people to micro finance
practitioners is: "Do your borrowers pay back?
The NDIC boss, who spoke at the ongoing Kaduna International Trade Fair in Northern Nigeria, added that a total of 2.5 billion Naira (US$ 17 million) had been paid to depositors of the 103 closed Micro Finance
Banks (MFBs) last December.
But while the property and mortgage unit suffered, Trustco's two other units--Micro Insurance and Technology, and Micro Finance
and Education--recorded positive margins.
"We have seen a gradual increase in the livelihood of the productive families and the small business owners who have been aware and utilize the facilities of the Islamic micro finance
. It is our aim to reach out and create more awareness among the people of Bahrain," she said.
The meeting brought together General Director of Development and Employment Fund, as well as representatives of the network of microfinance companies in Jordan (Tanmeyeh),National Microfinance Bank Alwatani ) , Microfund for Women, Jordan Microcredit (Tamweelcom), Ahli Microfinance Company, the Middle East Micro- credit company, Foundation for International Community Assistance (FINCA ) Jordan, the Cairo Amman Bank, Al Amin Micro Finance
Company and the UNRWA's microfinance department.
Haldane McCall has made a EUR2m (USD2.6m) offer to take a 60% stake in one of Nigeriaa[euro](tm)s top micro finance
banks licensed to operate across the country.
The objectives of the study are: 1) to analyze the pattern of socio--economic and educational status of SHGmembers, 2) to investigate the economic profile of SHG members, 3) to evaluate the impact assessment of micro finance
through credit and asset structure, 4) to measure the role of NGOs for implementation of micro finance
, and 5) to augment the strategy for better implementation of micro finance
So for once, the speculation over what was discussed at the summit may not be just hearsay but could hopefully be an indicator that announcements regarding micro finance
initiatives could be made by as early as Easter time.
Pompano Beach, FL, November 13, 2010 --(PR.com)-- Star Knowledge Technology Alliance Team LLC, a global software and solution services provider announced the availability of MF Core Micro Finance
Software Solution 2.0 for implementation and deployment worldwide.