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Triodos Launches New Ethical Investment Funds
April, 30 2013
The Netherlands - Green banking specialist Triodos Bank yesterday launched two new Socially Responsible Investment (SRI) Funds, dubbed the Sustainable Pioneer Fund and the Sustainable Equity Fund ...
Microlending: Getting Too Big to Work?
April, 29 2013
Global - The lesson for lenders is that they need to develop more effective strategies to contend with patriarchy and avoid drifting away from their mission ...
London Promotes Social Impact Fund
April, 28 2013
United Kingdom - The City of London Corporation has made its first forays into social impact investments, in an effort to catalyse development of the nascent asset class ...
Banishing Poverty Through Banking
April, 24 2013
Global - There's growing acknowledgement that access to financial services could have a big impact in reducing poverty, but how should it be done? ...
Islamic Microfinance Market Size Touches $1 Billion
April, 17 2013
Global - The Islamic microfinance industry is rapidly progressing due to its superior performance for poverty alleviation, according to the CEO of AlHuda Centre of Islamic Banking and Economics (CIBE) ...
IFC, Others Invest $20m In Ghanaian Microfinance Bank
April, 17 2013
Ghana - The International Finance Corporation, the German Investment and Development Corporation, and the African Capitalisation Fund have together invested about GH¢46 million ($20 million) into one of Ghana’s leading microfinance banks, UT Bank ...
Kenya: Micro Lenders’ Deposits Rise To Sh7bn
April, 16 2013
Kenya - Microfinance institutions that got Central Bank of Kenya’s approval to collect customer deposits have raised nearly Sh7 billion in about two years, the lenders’ financial statements for 2012 show. ...
Luxembourg: LuxFLAG Now Labels Thirty Two Funds
April, 02 2013
Luxembourg - Twenty five Microfinance Investment Vehicles (MIVs) have been granted the LuxFLAG Microfinance Label as of March 2013, representing approximately USD 3.83 billion in assets under management ...
India: IFC to Lend Up to $11M to Pune-Based Suryoday Microfinance
April, 02 2013
India - International Finance Corporation (IFC), the private sector investment arm of the World Bank, is planning to make a quasi-equity and senior debt investment of up to $11 million (Rs 60 crore) through ECB route in Suryoday Microfinance Private Ltd, a Pune-based micro finance institution operating as a non banking finance company ...
Cambodian Microfinance Lender Opens in Myanmar
April, 01 2013
Myanmar - Cambodian microfinance lender Acleda opened a wholly owned subsidiary in Myanmar on March 25, although the company has been operating since February 18, an official said ...