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.

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 ...

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 ...

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 ...

The Bill proposes to wholly discharge borrowers from making repayment of loans, including rate of interest, taken from unlicensed and unregistered microfinance institutions (MFIs). Law and ...