HomeMicrofinance

Microfinance

ACCION Microfinance China to Receive $1M Investment from IFC

ACCION International, a global microfinance organization, is to receive a $1m investment from IFC to strengthen the operations of its Chinese affiliate ACCION Microfinance...

PerMicro Raises €4M

PerMicro, an Italian financial institution that focuses on micro-credit, has raised €4m in capital.The increase was subscribed by the existing shareholders including Oltre Venture,...

European Progress Microfinance Facility to Support Entrepreneurship and Employment in the EU

The European Union is setting up a new initiative aimed at supporting entrepreneurship and employment for groups that need it most in the current...

EFSE to Provide Additional €900M to Support Micro and Small Enterprises

At a press conference held today in Skopje, FYR Macedonia, the European Fund for Southeast Europe (EFSE), announced that, over the next five years,...

Belstar Investment and Finance Receives $900,000 Investment from NMI

Belstar Investment and Finance, a microfinance institution operating principally in the Southern Indian states of Tamil Nadu and Pondicherry, has received an investment...

EIB to Support US$150M Microfinance Fund for Africa

The European Investment Bank (EIB) has committed US$15m in REGMIFA, a US$150m microfinance fund targeting small enterprises in sub-Saharan Africa. EIB will also provide...

EFSE Agrees €25M Loan to Banca Intesa a.d. Belgrade to Support Serbian SMEs

The European Fund for Southeast Europe (EFSE), a microfinance investment fund, agreed a €25m senior loan to Banca Intesa a.d. Belgrade, Serbia. The loan...

Angel Acquisition Corp. Launches Microfinance Social Network

Angel Acquisition Corp. (OTCBB: AGEL) has opened a new micro-lending division of its company called Angels In Action. Angels In Action is a new...

Elevar Raises US$70M Equity Fund

Investment management company Elevar has raised a $70m equity fund to invest in growth companies expanding the reach of microfinance and other essential services...

EU Member States Agree on Microfinance Facility

The European Investment Bank (EIB) Group and the European Commission are launching an initiative to support microfinancing in EU Member States.The facility, which combines...

EIF, €315M of Additional Guarantees for EU SMEs Financing

The European Investment Fund (EIF) is prolonging its existing agreements with European banks, microfinance providers and guarantee institutions, resulting in an extra €315m of...

India, Aavishkaar Goodwell Invests in Shre Pathrakali Finance

Aavishkaar Goodwell, a specialized equity fund dedicated to supporting Indian Micro Finance Institutions, (MFIs) has recently completed a minority investment in Shre Pathrakali Finance...

THE DAILY NEWSLETTER - SIGNUP

Other