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lundi 13 février 2012

Symbiotics NewsWatch #196, 07 February 2012

Feb. 06Financially Inclusive Ecosystems: The Roles of Government Today

Financial inclusion today is about financial markets that serve more people with more products at lower cost. A concerted effort by all stakeholders capitalizing on an unprecedented level of government interest and market innovation may make full financial inclusion a reality.
Source: CGAP
Feb. 06India: SKS Microfinance Securitizes More Loans


SKS Microfinance Ltd. Monday said it has securitized one of its loan portfolios for 2.43 billion rupees ($50 million) via a rated pool assignment transaction, a move which could possibly help the struggling microlender restore investor confidence about loan quality.
Source: The Wall Street Journal

Feb. 06Unitus Seed Fund Launches with Three Social Enterprise Investments

Unitus Labs, an international non-profit focused on reducing global poverty through economic self-empowerment, is launching today the Unitus Seed Fund, a new seed stage venture fund that invests in Indian startup businesses with potential for large-scale poverty impact.
Source: PR Web

Feb. 03MiGroF Closes 2011 with US$85mn in Loans to Microfinance Institutions

Microfinance growth fund MiGroF closed last year with some US$85mn in loans to microfinance institutions (MFIs) in Latin America, BlueOrchard Finance's regional manager Yolanda Chenet told BNamericas.
Source: Business News Americas

Feb. 02Cambodia: MFIs Still Seeing Significant Growth

Outstanding loans and deposits in 28 of Cambodia’s microfinance institutions rose between 30 and 40 per cent year-on-year in 2011, official data from the Cambodian Microfinance Association indicated.
Source: The Phnom Phen Post

Feb. 01India: Ujjivan Raises $25 million in Equity Financing

Ujjivan Financial Services raised Rs 127.9 crore ($25 million) in its fifth round of equity financing, the Bangalore-based microfinance company announced on Wednesday.
Source: The Economic Times

Feb. 01Think Again: Microfinance

Small loans probably won't lift people out of poverty or empower women. But that doesn't mean they're useless.
Source: Foreign Policy

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