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Social Performace Management (SPM): A Necessity for Responsible Institutions

All organizations across the globe have been created for a noble cause which goes beyond the financial gains of the creators or promoters.  This cause is usually symbolized by the organization’s mission and constitutes the…

Acumen Fund lends $1 million to MFI GUARDIAN

Microfinance Focus, February 8, 2012: Social venture capital investor Acumen Fund has issued a $1 million loan to microfinance institution GUARDIAN (Gramalaya Urban And Rural Development Initiatives And Network) to finance water and sanitation needs…

Are Borrowing and Saving Complements or Substitutes?

In developed economies, households often use both savings and borrowings to produce large amounts of capital to buy fixed assets like houses and vehicles. House buyers, for example, make a down-payment from their savings and…

Mobile money: A game changer for financial inclusion

Analysts predict that by 2012, there will be over 6 billion mobile phone connections worldwide, with developing markets driving the growth; by 2015, Africa alone will have 265 million mobile phone subscribers.1 The mobile phone…

'Microcredit is No Magic Wand Against Poverty’

VALLADOLID, Spain, Nov 14, 2011 (IPS) - While microcredit remains the best tool available to address poverty it is no magic wand and can only be a part of the larger development process, say experts…

Microfinance banks to become agents of mobile banking

Sensitisation on the use of mobile banking as a means of transforming to cashless economy is ongoing in the microfinance sub-sector. Bunmi Lawson, managing director, Accion Microfinance Bank, in this interview with Hope Moses-Ashike, speaks…

The Hardest-Working People in Microfinance

Unless 10,000 people read this blog post in the next 15 days, I will be fired. So please read this post! If I hit the desired readership not only will I keep my job, but…

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By Lenfan Claudio for Finance Inclusive. Translation by Lauren Braniff. http://www.microfinancegateway.org/p/site/m/template.rc/1.26.17704/ microfinancegateway.org

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