Tanzanian microbankers visit Philippines
January 31, 2012 by Microfinance Africa
// From The Philippine Star Tanzanian development bankers were in the Philippines to observe microfinance and microinsurance in action. Representatives from the Cooperatives Rural and Development Bank Microfinance Services Company Ltd. (CRDB) of Tanzania were the guests of the Rural Bankers Association of Philippines–Microenterprise Access...
Uganda: Rural Women’s Banks Ease Tough Times
January 31, 2012 by Microfinance Africa
// By Wambi Michael, Inter Press Service For most Ugandan women, obtaining a commercial loan to start a business has been very difficult. Many do not have the required collateral of land title deeds and many cannot afford the interest rates charged by commercial banks. But six women-led rural banks have begun changing the lives of women in rural...
Ké Concepts goes Multilingual: CreditEase launches in Portuguese
January 31, 2012 by Microfinance Africa
Ké Concepts Press Release Established in 1998, Letshego Holdings has grown from being a consumer lending entity to the fully fledged financial services company it is today. With a market presence in six African countries, Letshego Holdings sought to add Mozambique to their collective thereby highlighting their need for an innovative and like-minded...
Zambia: Professional Life Assurance launches Bantu Bonse
January 30, 2012 by Microfinance Africa
By Kalonde Nyati, Zambia Daily Mail PROFESSIONAL Life Assurance has launched a micro insurance product that is meant to cover people in the low-income bracket. The product called Bantu Bonse is an insurance policy that will cover people at the bottom of the lowest pad and will offer financial protection even at death. Professional Life Assurance...
Tanzania: Local insurance company sustains focus on microfinance institutions
January 30, 2012 by Microfinance Africa
From The Citizen Arusha. Alliance Life Assurance has continued to target community-based microfinance institutions in its bid to extend coverage of life assurance to Tanzanians. The local insurance firm entered into contract with Fahari Yetu Saccos in Arusha over the weekend giving an opportunity for members of the saccos to benefit on the life insurance. Last...
Nigeria: Using insurance as a hedge for current economic challenges
January 30, 2012 by Microfinance Africa
// By Rosemary Onuoha, Vanguard With a population of 150 million, over 70 per cent of Nigerians have little or no from of insurance cover. And in the face of growing insecurity and economic challenges in the country, experts are suggesting that bridges must be built between the insurance sector and the greater society to put faith in the products...
Indian govt may table micro-finance Bill in upcoming Budget Session in March
January 29, 2012 by Microfinance Africa
From Contify Banking New Delhi: The Indian government is likely to introduce the Micro Finance Institutions (MFI) Bill in the upcoming Budget Session of Parliament in March, which makes it compulsory for all micro-finance institutions to register with the Reserve Bank of India (RBI) and mandates them to have minimum net-owned funds of Rs 500,000, The...
Nigeria: Cashless Lagos and its many challenges
January 29, 2012 by Microfinance Africa
// By Udeme Clement, Vanguard Cashless Lagos initiative of the CBN is on course notwithstanding the challenges. Banks have commenced the enforcement of cashless policy of the Central Bank of Nigeria (CBN), which commenced on January 1, 2012, in Lagos State. While some new banks reject individual cheques above N150, 000 withdrawal limits, others...
Launch of Ghana, Zambia and Tanzania Pricing Data by MFTransparency
January 28, 2012 by Microfinance Africa
On January 27, 2012 MFTransparency will unveil the microloan pricing data collected as part of the Transparent Pricing Initiatives in Ghana, Zambia and Tanzania. Concluding months of research and analysis, MFTransparency will present transparent prices for microloans offered in Ghana, Zambia and Tanzania, information never before available. Ghana,...
Deputy Chief Executive Officer (CEO), DRC
January 28, 2012 by Microfinance Africa
Deputy Chief Executive Officer (CEO), DRC Location: Democratic Republic of Congo (DRC) Job Code: 944 No of openings:1 Description FINCA International, one of the world’s leading microfinance institutions, provides financial services to more than 900,000 clients through 21 wholly-owned and operated subsidiaries in Africa, Eurasia, Latin America...




