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mercredi 22 février 2012

Symbiotics NewsWatch #198, 21 February 2012

              Feb. 20
China: Number of China's Micro-Lenders Rise 64 Percent               
China's micro-credit sector witnessed explosive growth last year as the government encouraged lenders to provide more loans to small and micro-sized enterprises. The number of micro-credit companies rose 63.81 percent year-on-year to reach 4,282 by the end of December, the People's Bank of China, or the central bank, said in a statement on its website.
Source: CRIenglish.com


              
              Feb. 18
Pakistan: PMN, PPAF Launch Joint Initiative to Map Microfinance Markets              
The Pakistan Poverty Alleviation Fund (PPAF) and Pakistan Microfinance Network (PMN) have jointly launched an initiative called MicroEYE to map the competitive environment of microfinance markets in the country.
Source: Daily Times


               
              Feb. 16
Client Protection in Microfinance: The Smart Campaign Enlists Donors and Investors              
In the last year, at least ten major microfinance investment funds managing more than $2 billion have integrated client protection assessment into their due diligence and reporting. Social investors are playing an important role here, as they seek to hold their investee MFIs accountable for good practices.
Source: Foundation Center


               
              Feb. 16
Mexico’s National Council for Financial Inclusion              
Over the last few years, the Mexican financial system has been moving toward a more inclusive financial system by expanding access to and usage of financial services. Mexico will continue working at the international level to promote financial inclusion.
Source: CGAP


               
              Feb. 16
India: Commercial MFIs Can Make Markets Work for the Poor              
Commercial microfinance institutions (MFIs) are an exemplification of making markets work for the poor. Are they indeed? A recent piece of research, comparing the lending performance of for-profit MFIs with not-for-profit MFIs, shows that though for-profit MFIs serve close to three-quarters of the market, the evidence does not seem to indicate that these MFIs lend indiscriminately when compared to their peers.
Source: The Economic Times


               
              Feb. 15
The Lessons of Microfinance History              
The new microfinance practitioners may have largely forgotten the history, but they have taken inspiration from the past more than they realize….And they have repeated the successes at least as much as any failures.
Source: CAGP


               
              Feb. 14
What Ails Microfinance?              
In the post-implosion analysis of the microfinance sector in Andhra Pradesh, one entity came out virtually unscathed—the idea that microfinance is basically a force for good. The argument was that microfinance has the potential to alleviate poverty and empower people, and the real problem is with a few unscrupulous or greedy microfinance organisations. The solution therefore was better regulations—such as capping the interest rates and increasing transparency.
Source: Forbes India

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