At present, there seems to be a consensus on the broad objectives of microfinance—outreach to low-income people and financial sustainability. Given these two objectives, MFIs need to address two ...

The next ten years present new opportunities, challenges, and possibilities, and with collective effort, I have no doubt that this institution will reach even greater heights,” he added.

Deputy Commissioner of Mysuru G. Lakshmikant Reddy convened a meeting of representatives of microfinance institutions operating in the Mysuru district and directed them to mandatorily register ...

I have been receiving a lot of invitations to attend seminars and conferences about how AI is revolutionizing the way we do things. Just last Feb. 27, I attended a highly engaging forum, “AI and ...

The Nigerian Navy Microfinance Bank has recorded financial growth, expanding from an initial capital of N20 million to N20 billion in assets within a decade.

Reefy Microfinance Enterprise Services has injected EGP 4bn in financing during 2024, pushing the company's total funding ...

Sonny Arguinzoni Sr., pastor and founder of Victory Outreach, which planted hundreds of churches in the United States and abroad, has died at age 85. Victory Outreach of Chino, California, which ...

The microfinance movement has been evolving over time in India. Starting off in the mid-1990s with the linkage of self-help groups (SHG) with banks and parallelly through specialised microfinance ...

LAPO Microfinance Bank on Tuesday, announced the appointment of Godwin Ehigiamusoe, as chairman of its Board of Directors, after retiring as the managing director of the bank in 2019. According to CBN ...

Before the market-wide correction began in September 2024, the microfinance industry — focused on lending to the ‘bottom of the pyramid’ —was already showing signs of stress. Listed microfinance NBFCs ...