Global Banking News-October 16, 2017--Xiaomi and Shunwei Capital invest in micro-lender
JIMU Group's wholly-owned subsidiaries include Jimubox, JimuTimes, an offline consumer loan origination business, and JimuXD, a micro-lender
that is licensed to directly fund consumer loans online, nationally.
The Reserve Bank last year granted in-principle nod to micro-lender
Bandhan and infra lender IDFC to enter universal banking fray.
Yunus, who is challenging the tax bill, was removed as head of the micro-lender
Grameen Bank that he founded in 2011, in a move widely seen as orchestrated by Hasina.
Partnering with Accion, the nation's largest nonprofit micro-lender
, Sam Adams has provided more than 310 loans to small businesses totaling more than $2.7 million since the program's inception in 2008, including $150,000 to 16 Denver-area businesses in the past three years.
A representative from SBA micro-lender
, Pathway Lending, will also be on site at the Kingsport Chamber of Commerce on Tuesday, August 13, 2013 and Wednesday, August 14, 2013, from 8 a.m.
The IFC is to work with German and French partners, as well as Cambodia-based ACLEDA Bank, to help the micro-lender
, ACLEDA MFI Myanmar, begin operations this year.
(www.accion.org) is a global, nonprofit micro-lender
dedicated to creating economic opportunity by connecting people to the financial tools they need to improve their lives.
He clarified that the jump rather than transforming into a specialized bank and then into commercial bank by adding, "Despite the fact that we are a micro-lender
, we have already provided the services that a commercial bank can provide and that's why we aim to be a commercial banking entity."
Laborde was director of community finance at Mexican micro-lender
FinComun, followed by a stint implementing sustainable, lair-trade coffee production in Mexico.
We have only one micro-lender
, Northern Community Investment Corp., which operates in northern New Hampshire and Vermont.
* Letshego is a well-established pan-African micro-lender
listed on the Botswana Stock Exchange that provides micro-loans in Botswana, Swaziland, United Republic of Tanzania, Uganda, Namibia, Zambia and Mozambique.