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Published on 17:34 GMT

From Microfinance to Mutual Aid—Moving Resources to People, Not Banks

Credit: Francisca Espina Have you ever heard of the classic Brothers Grimm tale, “The Golden Goose”? It begins with one person touching the magical golden goose, and from that moment, the person becomes bound to it, unable to break free. In their desperate …

Source: The Nonprofit Quarterly - Center-left
Published on Mar 11, 2025

Is India’s largest microfinance player facing a deeper crisis?

For microfinance institutions (MFI), history suggests that holding ‘the largest microfinance’ tag can be fleeting.SKS Microfinance was once the largest MFI, but the 2010 Andhra Pradesh microfinance crisis crippled its business. Bandhan Microfinance was the …

Source: The Indian Express - Center-left
Published on Mar 11, 2025

Rising bad loans hit India's microfinance sector but govt won't step in now: MoS Finance

SUMMARY Maharashtra Finance Minister Ajit Pawar presented the first Budget of the newly formed Mahayuti government. It is his 11th Budget in the Assembly. The size of the Budget is over ₹7 lakh crore with focus on women, infrastructure, jobs and promoting …

Source: CNBC-TV18 - Center-left
Published on Mar 11, 2025

Arcil acquires Ujjivan SFB’s stressed microfinance loans aggregating ₹365.5 crore for ₹34.26 crore

Asset Reconstruction Company (India) Ltd (Arcil) has acquired Ujjivan Small Finance Bank’s non-performing and written-off loans from its microfinance portfolio aggregating ₹365.5 crore for ₹34.26 crore. This translates into a steep 94 per cent haircut for …

Source: The Hindu Business Line - Neutral
Published on Mar 11, 2025

No proposal for relief to microfinance sector due to NPAs

The microfinance sector is showing signs of stress and credit to the sector has moderated in this financial year owing to the Reserve Bank of India' pre-emptive measures to address the risks in the system, minister of state for finance Pankaj Chaudhary …

Source: The Economic Times - Label Pending
Published on Mar 8, 2025

FRA raises microfinance loan cap to EGP 266,000

The Financial Regulatory Authority (FRA), under the leadership of Mohamed Farid, has issued two pivotal decisions, No. 17 and 18 of 2025, aimed at addressing economic shifts and furthering the implementation of the Unified Insurance Law. These decisions …

Source: Daily News Egypt - Pro-Government
Published on Mar 8, 2025

The microfinance market has shrunk

Tbilisi (GBC) - The network of microfinance organizations (MFOs) has expanded. It has been growing steadily by 7-8% annually, although at the beginning of the year it suddenly decreased by 1,000 staff, as the largest employer, Crystal, received a microbank …

Source: Georgian Business Consulting - Neutral
Published on Mar 7, 2025

88% protection gap persists despite growth in microinsurance coverage: MiN

Despite strong growth in microinsurance, an 88% protection gap remains, with 9 out of 10 people globally remaining unprotected from rising risks – including climate change, health crises, disasters, conflict, and nature loss – according to a recent report …

Source: Reinsurance News - Neutral
Published on Mar 7, 2025

Karnataka’s microfinance woes, government aims at regulation and nuanced reforms

The microfinance sector in Karnataka has long been a double-edged sword, offering quick credit without the hassle of collateral or credit score requirements, while also exposing borrowers to coercive collection practices. The Karnataka government recently …

Source: The Hindu Business Line - Neutral
Published on Mar 7, 2025

Microinsurance expands to cover 344m globally in 2024

The Philippines was amongst the top countries with a high penetration rate. Microinsurance’s role to aid low-income families expanded in 2024, with 344 million people across 37 countries being covered by microinsurance, up 3.9% 2023, according to the …

Source: Insurance Asia - Neutral
Published on Mar 7, 2025

Bill to regulate microfinance lending tabled

The Karnataka government tabled the Karnataka Micro Loan and Small Loan (Prevention of Coercive Actions) Bill, 2025, in the legislative assembly on Thursday. The proposed legislation seeks to provide relief to borrowers by discharging loans taken from …

Source: Hindustan Times - Uncategorized
Published on 17:20 GMT

New insurance plan shields Kenyan migrant workers as Labour reforms take shape

Caption Every year, dozens of Kenyan migrant workers die or get stranded abroad with no structured way to return home. Families are left begging online for funds. An insurance company has launched a new package targeting Kenyans seeking employment abroad …

Source: The Standard - Uncategorized
Published on 17:45 GMT

‘Retail credit growth continues to moderate across most products’: TransUnion CIBIL CEO

Bhavesh Jain, MD & CEO, TransUnion CIBIL, a leading credit information company, says the slowdown in consumer credit demand, coupled with a decline in loan originations by lenders, has resulted in a cooling of overall retail credit growth. In an …

Source: The Indian Express - Center-left
Published on 19:20 GMT

Canary Point Holdings Inducts New Board Members, Sets Sights on Commercial Banking Expansion

Canary Point Holdings Limited, a prominent Nigerian financial services group, has announced an ambitious five-year strategic plan aimed at restructuring its operations to enhance productivity and profitability, with the ultimate goal of evolving into a …

Source: Nairametrics - Neutral
Published on 20:56 GMT

Rising temperatures threaten the future of banana farming

Many of us enjoy a banana without a second thought, but new research suggests that rising global temperatures could make this simple pleasure harder to come by. Researchers have determined that large parts of Latin America and the Caribbean could be unable …

Source: Earth.com - Neutral
Published on 22:53 GMT

IWD: Experts inspire Lagos girls, highlight diverse career paths

Female students in Lagos State have been urged to be purpose-driven to achieve excellence in their chosen pursuits. These insights were shared by experts during a mentorship programme organised by a Non-Governmental Organisation, The Executive Woman, in …

Source: Punch - Uncategorized
Published on 16:32 GMT

LAWFF 2025 Cohort: 32 women agripreneurs shortlisted from 1,154 nominations

From Sola Ojo, Abuja In a groundbreaking move, the Leading African Women in Food Fellowship (LAWFF) has announced its 2025 cohort of 32 outstanding women agripreneurs from 11 African countries. Since 2019, LAWFF has impacted over 4,350 young entrepreneurs …

Source: The Sun Nigeria - Uncategorized
Published on 17:08 GMT

How the Most Resilient Companies Adapt to Disruption

Global risks are rising, and many companies are struggling with how to adapt. The World Economic Forum’s 2025 Global Risks Report makes it clear that challenges like escalating global tensions and conflicts, climate change, economic instability and supply …

Source: INSEAD Knowledge - Label Pending
Published on 21:29 GMT

A year of transformation: Osidi’s leadership and FMBN’s journey towards affordable housing

When Shehu Usman Osidi assumed leadership as the Managing Director/Chief Executive of the Federal Mortgage Bank of Nigeria (FMBN) in February 2024, following his appointment by President Bola Ahmed Tinubu, expectations were high. His mandate was clear— …

Source: Business Day - Neutral

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Published on March 12, 2025 - 14:00 GMT

Sustainable Finance Market Poised to Surpass $22 Trillion by 2031 | Industry Trends, Growth & Forecast

Sustainable Finance Market Poised to Surpass $22 Trillion by 2031 | Industry Trends, Growth & Forecast NEW CASTLE, DE, UNITED STATES, March 12, 2025 /⁨EINPresswire.com⁩/ -- According to the report published by Allied Market Research, the …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on March 12, 2025 - 21:30 GMT

Algoma Steel Group Reports Financial Results for the Three and Nine Months Ended December 31, 2024

Calendar Fourth Quarter Results In-Line with Previously Announced Expectations Reaffirmed Outlook on Transformative Electric Arc Furnace (EAF) Project, Including First Arc in April SAULT STE. MARIE, Ontario, March 12, 2025 (GLOBE NEWSWIRE) -- Algoma Steel …

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Published on March 12, 2025 - 21:06 GMT

Central 1 reports fourth quarter and fiscal 2024 financial results

VANCOUVER, British Columbia, March 12, 2025 (GLOBE NEWSWIRE) -- Central 1 Credit Union (Central 1) today reported its 2024 fourth quarter and year end performance reflecting strong financial results, including total revenue of $302.9 million for the year, …

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Published on March 12, 2025 - 20:10 GMT

Global Credit Union and First Financial Northwest, Inc. Announce Receipt of Final Regulatory Approval for Transaction

ANCHORAGE, Alaska and RENTON, Wash., March 12, 2025 (GLOBE NEWSWIRE) -- Global Federal Credit Union (“Global”) and First Financial Northwest, Inc. (the “Company”) (NASDAQ GS: FFNW), the holding company for First Financial Northwest Bank (the “Bank”), …

Distribution channels: Banking, Finance & Investment Industry, Companies ...

Published on March 12, 2025 - 20:00 GMT

ContextLogic Inc. Reports Fourth-Quarter and Fiscal Year 2024 Financial Results

OAKLAND, Calif., March 12, 2025 (GLOBE NEWSWIRE) -- ContextLogic Inc. (Nasdaq: LOGC) (“ContextLogic,” the “Company,” “we” or “our”) today reported its financial results for the quarter and fiscal year ended December 31, 2024. Company Update During 2024, …

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Published on March 12, 2025 - 21:42 GMT

Arra Finance Highlights Success of Subprime Auto Loan Financing Solutions Platform

IRVING, Texas, March 12, 2025 (GLOBE NEWSWIRE) -- Arra Finance LLC (“Arra” or the “Company”), a subprime indirect auto finance company, today celebrates significant progress successfully relaunching and leveraging its scalable originations system, …

Distribution channels: Banking, Finance & Investment Industry, Media, Advertising & PR ...
Published on March 12, 2025 - 20:05 GMT

Urgently Announces Fourth Quarter and Full-Year 2024 Financial Results

VIENNA, Va., March 12, 2025 (GLOBE NEWSWIRE) -- Urgent.ly Inc. (Nasdaq: ULY) (“Urgently”), a U.S.-based leading provider of digital roadside and mobility assistance technology and services, today reported financial results for the fourth quarter and full- …

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Published on March 12, 2025 - 14:00 GMT

Save Up to 50 % Off with IBN Technologies Smart Finance and Accounting Outsourcing Solutions, USA

Save up to 50% on finance & accounting outsourcing with IBN Technologies USA. Streamline operations, cut costs & stay compliant! MIAMI, FL, UNITED STATES, March 12, 2025 /⁨EINPresswire.com⁩/ -- In today’s fast-paced business environment, …

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Published on March 12, 2025 - 22:02 GMT

Pinpoint Management Launches “AI-Driven Leadership: The Next Era Series” to Transform Business Growth

New Webinar Series Equips Leaders with AI-Powered Strategies to Scale, Innovate, and Empower Their Teams SALT LAKE CITY, UT, UNITED STATES, March 12, 2025 /⁨EINPresswire.com⁩/ -- Pinpoint Management, a leader in business consulting and operational …

Distribution channels: Banking, Finance & Investment Industry, Building & Construction Industry ...
Published on March 12, 2025 - 21:46 GMT

Enkopa Lab Japan Launches To Empower Japanese Firms Entering African Markets

Enkopa Lab Japan, a boutique advisory firm, has been launched in Tokyo by the San Francisco based management consultancy firm Laurendeau & Associates. TOKYO, JAPAN, March 12, 2025 /⁨EINPresswire.com⁩/ -- Enkopa Lab Japan, a boutique advisory …

Distribution channels: Banking, Finance & Investment Industry, Electronics Industry ...
Published on March 12, 2025 - 21:21 GMT

MCA Justice Hits Major Milestone: 1,000+ Businesses Freed from Predatory MCA Payments

MANHATTAN, NY, UNITED STATES, March 12, 2025 /⁨EINPresswire.com⁩/ -- MCA Justice, a leading firm in MCA debt relief, proudly announces a major milestone: successfully assisting over 1,000 businesses in reducing high-interest Merchant Cash Advance ( …

Distribution channels: Banking, Finance & Investment Industry ...
Published on March 12, 2025 - 19:50 GMT

Inertia Resources, Inc. Expands Energy Management Services in Houston, Appoints Rick Douglas as Regional Director

HOUSTON, TX, UNITED STATES, March 12, 2025 /⁨EINPresswire.com⁩/ -- Inertia Resources, Inc., one of the fastest-growing energy brokerage firms in the United States, is expanding its presence in Houston and Southern Texas communities, bringing …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on March 12, 2025 - 19:38 GMT

SPECTRAFORCE Named One of SIA’s 2025 Best Staffing Firms to Work For

Minority-owned staffing firm builds excellent relationship-driven culture. RALEIGH, NC, UNITED STATES, March 12, 2025 /⁨EINPresswire.com⁩/ -- SPECTRAFORCE, an innovative workforce solutions firm, is proud to announce that it has been recognized as …

Distribution channels: Banking, Finance & Investment Industry, Companies ...
Published on March 12, 2025 - 19:30 GMT

Sókn Engineering Looking to Expand its Board of Directors to Drive the Future of AI-Powered Commodities Trading

WHITEFISH, MT, UNITED STATES, March 12, 2025 /⁨EINPresswire.com⁩/ -- Sókn Engineering, a trailblazing software company transforming commodities trading through advanced predictive analytics, is seeking to strengthen its Board of Directors with the …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on March 12, 2025 - 19:13 GMT

KEY Difference is Turning Blockchain into Real-World Solutions with its Latest Investments

DUBAI, UNITED ARAB EMIRATES, March 12, 2025 /⁨EINPresswire.com⁩/ -- KEY Difference, a global leader in Web3 growth and strategic ecosystem development, is at the forefront of supporting founders who bridge blockchain with real-world impact. While …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on March 12, 2025 - 19:00 GMT

7 Digit Dental Marketing Delivers $2.5 Million Boost in New Dental Patient Revenue

7 Digit Dental Marketing 370% boost in patient inquiry calls, 360% surge in organic production, 735% increase in organic website traffic, $2.5 million increase. NEW YORK, NY, UNITED STATES, March 12, 2025 /⁨EINPresswire.com⁩/ -- 7 Digit Dental …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on March 12, 2025 - 19:00 GMT

Refund/Policy Abuse Remains the Top Fraud Threat, While Real-Time Payment Fraud Surges to Second Place

Refund/Policy Abuse remains the top fraud threat, while Real-Time Payment Fraud surges to second place in MRC’s 2025 Global eCommerce Payments and Fraud Report. REDMOND, WA, UNITED STATES, March 12, 2025 /⁨EINPresswire.com⁩/ -- The Merchant …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on March 12, 2025 - 18:58 GMT

BetterLifeQuotes.com Provides Free Access to an Online Life Insurance Marketplace With Instant Quotes & No Medical Exams

BetterLifeQuotes.com is the leading life insurance marketplace offering instant, no-medical-exam policies from 30+ top-rated providers—100% free and private. HOUSTON , TX, UNITED STATES, March 12, 2025 /⁨EINPresswire.com⁩/ -- BetterLifeQuotes.com: …

Distribution channels: Banking, Finance & Investment Industry, Building & Construction Industry ...
Published on March 12, 2025 - 18:46 GMT

Partner Real Estate Appoints Louis Ding as Regional Vice President, Strengthening Industrial and Logistics Market

LOS ANGELES, CA, UNITED STATES, March 12, 2025 /⁨EINPresswire.com⁩/ -- Partner Real Estate has announced the appointment of Louis Ding as Regional Vice President, reinforcing its leadership in the competitive Los Angeles industrial and logistics …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on March 12, 2025 - 18:18 GMT

BetterLifeQuotes.com Provides Free Access to an Online Life Insurance Marketplace With Instant Quotes & No Medical Exams

BetterLifeQuotes.com is the leading life insurance marketplace offering instant, no-medical-exam policies from 30+ top-rated providers—100% free and private. LOS ANGELES, CA, UNITED STATES, March 12, 2025 /⁨EINPresswire.com⁩/ -- BetterLifeQuotes. …

Distribution channels: Banking, Finance & Investment Industry, Building & Construction Industry ...
Published on March 12, 2025 - 17:24 GMT

Celiveo Unveils 'The Ultimate Guide to Microsoft Universal Print' for Enterprise Clients

Celiveo release "The Ultimate Guide to Microsoft Universal Print," a resource empowering clients with in-depth insights into Microsoft’s cloud print solution. MERIDIAN, ID, UNITED STATES, March 12, 2025 /⁨EINPresswire.com⁩/ -- Celiveo, a …

Distribution channels: Banking, Finance & Investment Industry, Healthcare & Pharmaceuticals Industry ...
Published on March 12, 2025 - 17:09 GMT

Palisade Capital Management, LP Renews Lease at One Bridge Plaza in Fort Lee, NJ

FORT LEE, NJ, UNITED STATES, March 12, 2025 /⁨EINPresswire.com⁩/ -- Palisade Capital Management, LP, a registered investment adviser with approximately $4 billion of assets under management, is pleased to announce the renewal of its lease at One …

Distribution channels: Banking, Finance & Investment Industry, Real Estate & Property Management ...
Published on March 12, 2025 - 17:00 GMT

Pioneers of the Middle East: Groundbreaking Business Documentary Series to be published on AlJazeera.com

DUBAI, UNITED ARAB EMIRATES, March 12, 2025 /⁨EINPresswire.com⁩/ -- Acumen International Media begins a new initiative, Pioneers of the Middle East, which is an in-depth exploration of the region's influence on global business and international …

Distribution channels: Automotive Industry, Banking, Finance & Investment Industry ...
Published on March 12, 2025 - 16:40 GMT

BetterLifeQuotes.com Provides Free Access to an Online Life Insurance Marketplace With Instant Quotes & No Medical Exams

BetterLifeQuotes.com is the leading life insurance marketplace offering instant, no-medical-exam policies from 30+ top-rated providers—100% free and private. MIAMI, FL, UNITED STATES, March 12, 2025 /⁨EINPresswire.com⁩/ -- BetterLifeQuotes.com: …

Distribution channels: Amusement, Gaming & Casino, Banking, Finance & Investment Industry ...
Published on March 12, 2025 - 16:39 GMT

Stewardship of History: Rare Homeownership Offering comes with a Piece of Newark's Past in Forest Hill District

Original 1920s Colonial-Revival Home was center of Diplomacy & Education in Mid-20th Century NEWARK, NJ, UNITED STATES, March 12, 2025 /⁨EINPresswire.com⁩/ -- The adage “with great power comes great responsibility” takes on profound …

Distribution channels: Banking, Finance & Investment Industry, Building & Construction Industry ...
Published on March 12, 2025 - 16:30 GMT

Takaful Insurance Market Set to Generate $97.17 Billion by 2030 | Industry Trends, Growth & Forecast

Takaful Insurance Market Set to Generate $97.17 Billion by 2030 | Industry Trends, Growth & Forecast NEW CASTLE, DE, UNITED STATES, March 12, 2025 /⁨EINPresswire.com⁩/ -- According to the report published by Allied Market Research, the global takaful …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on March 12, 2025 - 16:26 GMT

BIOMED EXPO LOS ANGELES 2025

BIOMED EXPO LOS ANGELES 2025 BIOHACKING EXPO/ CONFERENCE IN HEALTH, SCIENCE & TECHNOLOGY APRIL 4-6, 2025, Sonesta Los Angeles Airport LAX LOS ANGELES, CA, UNITED STATES, March 12, 2025 /⁨EINPresswire.com⁩/ -- BIOMED EXPO LOS ANGELES …

Distribution channels: Aviation & Aerospace Industry, Banking, Finance & Investment Industry ...
Published on March 12, 2025 - 15:40 GMT

BOOM Hits $2B AUM, Reinvests Surging Profits to Expand into Digital Assets

HONG KONG, March 12, 2025 /⁨EINPresswire.com⁩/ -- BOOM, Hong Kong’s leading online investing service for high-net-worth individuals, has surpassed $2 billion in assets under management (AUM) and is on track to generate over 200% growth in profits …

Distribution channels: Banking, Finance & Investment Industry ...