Microfinance News Monitoring

Ukrainiansʼ debts on microloans increased 1.7 times over the year

Ukrainians signed over 8.3 million loan agreements for a total amount of UAH 51.69 billion in 2024. Although the number of signed agreements remained almost unchanged compared to 2023, the volume of loans increased by as much as 27%. Such data is provided …

India’s microfinance bubble grew 2,100%. Now a bust looms

Microfinance Leader “Crystal” Set to Launch New Products Within Three Months, Says Mariam Nanava

Microfinance organization Crystal, which recently obtained a microbank license, is preparing to launch a suite of new products and services over the next three months. Mariam Nanava, Head of the Product Development Department at Crystal, shared the company …

Microfinance lenders attract fresh equity investment with turnaround hopes

Investors across the spectrum have renewed their interest in India's microfinance space, displaying confidence in the sector's turnaround ability from the recent setbacks. Two lenders have raised equity capital in March alone, while at least …

Microfinance companies target larger loans for better asset quality

Even financiers to the bottom of the economic pyramid are upsizing, allocating disproportionate time and energy to loans of ₹50,000 and above, as bankability outweighs social responsibility on the decision matrix through a season of evident stress for the …

Karnataka’s organised microfinance sector grapples as defaults surges post new ordinance

Karnataka’s organised microfinance institutions (MFIs) are grappling with the fallout from recent suicides, as their cumulative loan books have contracted from ₹42,000 crore in March 2024 to ₹34,000 crore managed by MFIs, excluding microfinance loan books …

Fines to T228 million issued to microfinance organizations in Kazakhstan

Astana. April 1. KazTAG – More than 600 inspections of microfinance organizations were conducted and 687 fines in the amount of T228 million were imposed in 2024, reports the Agency of the Republic of Kazakhstan for Regulation and Development of the …

Federal Bank taps Kaleidofin to optimise microfinance loan portfolio

By Gloria Methri Today Credit Risk Assessment Credit Risk Management Debt Capital Federal Bank, a private sector bank based in India has partnered with Kaleidofin Private Limited to implement its risk infrastructure product ‘ki view’ powered by ‘ki score’. …

‘Loans to small/marginal farmers likely to slow as microfinance disbursements stall’

Lending to small and marginal farmers and weaker sections is expected to be a challenge, especially for private banks in the next fiscal owing to a lack of growth in disbursements in the microfinance business which generates this form of credit, according …

Nobel Laureate touts ‘Three Zero’ theory

Muhammad Yunus offers advice to young generation on building a better world PUBLISHED : 4 Apr 2025 at 20:06 The “Three Zero Theory” is a path for the younger generation to a sustainable new civilisation, says Professor Muhammad Yunus, a Nobel Laureate …

Ecobank Cameroon Approves CFA1bn Capital Boost for Pan-African Savings and Loans

(Business in Cameroon) - Ecobank Cameroon’s shareholders approved a capital increase of CFA1 billion for Pan-African Savings and Loans during their general meeting on March 28, 2025. This microfinance institution, categorized as a second-tier financial …

Inclusive banking: Vishal Tulsian

Financial technology (fintech) can be expensive and inaccessible to those at the bottom of the financial ladder, especially in Asia, where it’s largely viewed as a luxury bringing nonessential, incremental benefits. But the President Director and CEO of …

Afghanistan: Communities still endangered by mines and unexploded ordnance

With the ICRC’s support, ARCS volunteers successfully made 243,000 people—149,000 children, 46,000 men, and 48,000 women – aware of the risks associated with explosive hazards last year in five UXO-contaminated regions. Additionally, 301 community leaders …

PointsKash partners with Discover Network for loyalty rewards

Photo: Adobe Stock (Generated with AI) April 4, 2025 Fintech company PointsKash Inc. has entered into an agreement with Discover Network to offer prepaid loyalty rewards debit cards to its customers, according to a press release. The cards will be issued …

Prakash and Kamal Hinduja: Driving Social and Environmental Change

Philanthropic work plays a key role in addressing the most important challenges faced by societies around the world. Through devoted initiatives, many individuals and organizations continue to work toward effecting meaningful change in various areas of …

The court found the former owner of the SIBES bank guilty of embezzlement of funds from a credit institution

AK&M 04 April 2025 17:13 The Central District Court of Omsk found Anatoly Pritula, the former owner and chairman of the Board of Directors of SIBES Omsk Bank, and his accomplice Avtandil Sariev guilty of embezzling 56 million rubles from a credit …

My Dad Disowned Me Because I Stopped Paying Black Tax

Black tax is part and parcel of Nigerian society, but what happens when a child decides enough is enough? In this story, Jola* (27) shares how her overwhelming need to please her barely present father pushed her into a black tax cycle. In 2024, some …

Opinion: Delusion Is Dangerous: What Bangladesh And Yunus Must Understand

Mohammad Yunus, the Nobel Prize winner, was in China recently, and in an exercise best characterised as one of supreme oratory acrobatics, he wove Northeast India into a narrative that reduces Bangladesh to the exclusive guardian of the Bay of Bengal. If …

As consumers drown in debt, is it time for India to allow individuals to go bankrupt?

While the aspirational middle class is rising and is now open to spending and consuming more and more, it is happening on the backs of debt. A recent survey has shared alarming data of how over 68% Indian borrowers are under debt trouble, with several …

National Tax Lien Association Announces Florida Tax Certificate Auctions, Projecting $1.5 Billion for Local Budgets

Florida tax certificate auctions to raise $1.5B for local services, offering fair returns for investors and flexible repayment options for taxpayers. JUPITER, FL, UNITED STATES, April 4, 2025 /⁨EINPresswire.com⁩/ -- The National Tax Lien …

Eltropy Named Winner in 2025 Inc. Regionals and FinTech Breakthrough Awards

Leading AI-powered conversations platform recognized for exceptional growth and innovation in digital financial services SANTA CLARA, CA, UNITED STATES, April 4, 2025 /⁨EINPresswire.com⁩/ -- Eltropy, the pioneering AI-powered conversations …

Calsoft and StreamNative Join Forces to Optimize Cost and Performance in Real-Time Data Streaming

Calsoft and StreamNative Partner to Realize Next-Gen Solutions for Seamless and Scalable Kafka Workloads SAN JOSE, CA, UNITED STATES, April 4, 2025 /⁨EINPresswire.com⁩/ -- Calsoft, a leading digital engineering services provider, has partnered …

Texas Companies Boost Financial Efficiency with IBN Technologies' Offshore Bookkeeping Services and Save Up to 70%

Texas businesses cut costs by up to 70% with IBN Technologies' offshore bookkeeping services, boosting efficiency and compliance. MIAMI, FL, UNITED STATES, April 4, 2025 /⁨EINPresswire.com⁩/ -- Effective financial management is essential for …

Outsourced Bookkeeping Services Empower Kentucky Businesses with Up to 70% in Operational Cost Savings

Outsourced bookkeeping services by IBN Technologies help Kentucky SMEs cut costs, improve cash flow, and drive financial growth. MIAMI, FL, UNITED STATES, April 4, 2025 /⁨EINPresswire.com⁩/ -- The achievement of long-term company success requires …

How DSA Ecommerce Drives Success with Data-Driven Strategies for Amazon and Walmart Sellers

DSA Ecommerce leverages data-driven strategies to help sellers optimize their operations, enhance their visibility, and drive sales on Amazon and Walmart NEW YORK , NY, UNITED STATES, April 4, 2025 /⁨EINPresswire.com⁩/ -- In today’s highly …

ACHS Promotes Amanda Sparks to Director of Student Accounts & Business Operations

ACHS promotes Amanda Sparks to Director of Student Accounts & Business Ops, recognizing her leadership in financial services and commitment to student success. PORTLAND, OR, UNITED STATES, April 4, 2025 /⁨EINPresswire.com⁩/ -- The American …

IBN Technologies Offers Offshore Bookkeeping to New Jersey Firms, Saving Up to 70% on Operational Accounting Costs

Offshore Bookkeeping Services Help New Jersey Firms Slash Costs by 70% and Streamline Financial Processes. MIAMI, FL, UNITED STATES, April 4, 2025 /⁨EINPresswire.com⁩/ -- In New Jersey, financial management is more crucial than ever for companies. …

IBN Technologies Expands Outsourced Bookkeeping Services to Support Kentucky Growing Business Sector

Experience cost-effective Outsourced bookkeeping Services that brings accuracy, efficiency, and transparency to your business finances. MIAMI, FL, UNITED STATES, April 4, 2025 /⁨EINPresswire.com⁩/ -- Small and mid-sized businesses in Kentucky are …

Bookkeeping Solutions in Kentucky Just Got Smarter — Here’s What’s Behind the Shift

IBN Technologies offers expert bookkeeping solutions to Kentucky businesses, cutting operational costs and improving financial clarity. MIAMI, FL, UNITED STATES, April 4, 2025 /⁨EINPresswire.com⁩/ -- A major shift is underway in how Kentucky-based …

Streamline Finances with Outsourced Bookkeeping Services Offer Delaware SMEs Up to 70% Savings and Long-Term Growth

Outsourced bookkeeping by IBN Technologies helps Delaware SMEs cut costs by up to 70% while boosting financial stability. MIAMI, FL, UNITED STATES, April 4, 2025 /⁨EINPresswire.com⁩/ -- Effective financial oversight is a cornerstone of sustainable …

Howard’s Appliances Joins S5 Equity, Ushering in a New Era of Growth and Innovation

Acquisition ensures Howard’s legacy thrives, securing its future as a leading home appliance and mattress retailer CITY OF INDUSTRY, CA, UNITED STATES, April 4, 2025 /⁨EINPresswire.com⁩/ -- Howard’s Appliances, Inc., a trusted home appliance …

IBN Technologies Expands Scalable Outsourced Bookkeeping Services to Tennessee Business Community

Utilize the outsourced bookkeeping services from IBN Technologies to achieve real-time financial transparency and save up to 70% on operating expenses. MIAMI, FL, UNITED STATES, April 4, 2025 /⁨EINPresswire.com⁩/ -- In today’s fast-moving and …

Nonprofit Alliance of Consumer Advocates saves PA Homeowner from a Foreclosure Trustee Sale with No Fee Assistance

GREENCASTLE, PA, UNITED STATES, April 4, 2025 /⁨EINPresswire.com⁩/ -- After enduring heartbreaking loss and financial hardship, Tami Maple of Greencastle, PA, has successfully saved her home from foreclosure—thanks to the assistance of the …

Balfour Capital Welcomes Andrei Babenko as Senior Wealth Manager

Hedge Funds, Investments, Trading YVERDON-LES-BAINS, SWITZERLAND, April 4, 2025 /⁨EINPresswire.com⁩/ -- Balfour Capital Group Appoints Andrei Babenko as Strategic Advisor, Advancing Global Leadership in FinTech and Capital Markets Innovation …

The Bold Move New York Startups Are Making with Outsourced Bookkeeping Services to Cut Costs for Good

New York SMBs can save up to 70% with IBN’s outsourced bookkeeping, driving smarter financial management in 2025. MIAMI, FL, UNITED STATES, April 4, 2025 /⁨EINPresswire.com⁩/ -- As the financial year transitions in the United States, IBN …

Balfour Capital Welcomes Jenny Le Nguyen as Senior Wealth Manager

Hedge Funds, Investments, Trading YVERDON-LES-BAINS, SWITZERLAND, April 4, 2025 /⁨EINPresswire.com⁩/ -- Balfour Capital Group Welcomes Jenny Le Nguyen to Strategic Leadership Circle, Expanding Global Reach and Cultural Investment Portfolio …

Balfour Capital Welcomes Ibrahim Itani as Senior Wealth Manager

Hedge Funds, Investments, Trading YVERDON-LES-BAINS, SWITZERLAND, April 4, 2025 /⁨EINPresswire.com⁩/ -- Balfour Capital Group Appoints Ibrahim Itani to Bolster Private Banking Leadership and Global Market Reach Balfour Capital Group (BCG), a …

Bookkeeping Solutions Winning Tennessee Business Owners Place in Eliminating Costly Mistakes Once and For All

More than software—we provide hands-on bookkeeping support that ensures accuracy, compliance, and insight. MIAMI, FL, UNITED STATES, April 4, 2025 /⁨EINPresswire.com⁩/ -- Tennessee businesses are taking control of their finances by addressing …

IBN Technologies Revolutionizes Outsourced Bookkeeping Services for Connecticut’s Small and Mid-Sized Firms

Achieve financial clarity and reduce overhead with IBN Technologies outsourced bookkeeping services. MIAMI, FL, UNITED STATES, April 4, 2025 /⁨EINPresswire.com⁩/ -- As Connecticut’s business landscape rapidly evolves amid economic shifts and …