Microfinance News Monitoring

Banking29 minutes ago EFCC Arraigns Man for Hacking Microfinance Bank to Move N700m

By Modupe Gbadeyanka One Mr Osaretin Osagiede has been brought before Justice Olukayode Ogunjobi of the Lagos State High Court sitting in Ikeja, over an alleged N700 million fraud. The suspect was arraigned on Friday, September 4, 2026, by the Lagos Zonal …

Citi, DEG extend over P1.5 billion to OnePuhunan

Keisha Ta-Asan - The Philippine Star September 9, 2026 | 12:00am MANILA, Philippines — Microfinance lender OnePuhunan has secured more than P1.5 billion from Citi and German development finance institution DEG to expand lending to Filipino women …

Funding skew deepens in microfinance

Kolkata: Funding concentration in the microfinance sector is getting skewed every quarter. Large microfinance companies accounted for 98.1% of the funds received by all non-banking financial company-microfinance institutions (NBFC-MFI) in the first quarter …

ASA Savings and Loans. . .

ASA Savings and Loans Limited, a microfinance and non-bank financial institution, has renovated the Nayagnia Community-based Health Planning and Services (CHPS) compound in the Kassena-Nankana Municipality. The company also donated medical equipment and …

Difficult time for microfinance business behind us, Q2 to see growth: IndusInd Bank MD

The difficult phase for the microfinance business is now behind us, with risks playing out favourably, and growth in the segment is expected to return from the second quarter onwards, IndusInd Bank MD and CEO Rajiv Anand has said. IndusInd Bank faced a …

Digital inclusion opens new frontiers for microfinance banks

Audio By Vocalize OYA Micro-Credit CEO Wycliffe Ochola receives the Digitally Fit Microfinance CEO of the Year award. [Courtesy] Digital inclusion is opening new opportunities for microfinance institutions to reach customers beyond the traditional banking …

FMO proposes $10m investment in Vietnamese microfinance institution TYM

Sh25.9 billion climate finance fund launched to boost East African farmers

Equity Bank Kenya Managing Director, Moses Nyabanda, and Dr Gérardine Mukeshimana, IFAD Vice President, during the signing ceremony of the Africa Rural Climate Adaptation Finance Mechanism (ARCAFIM) in Kigali, on the sidelines of the Africa Food Systems …

US$200M RURAL FINANCE BOOST! IFAD, Equity Group Launch Climate Fund for East Africa Farmers

Access to climate adaptation finance remains a significant challenge for smallholder farmers and rural businesses across Africa, with available capital often failing to reach those who need it most. To help bridge this financing and delivery gap, the …

Man in court for allegedly hacking bank system to steal N700m

The EFCC brought Osaretin Osagiede before a Lagos High Court on a three-count charge linked to an alleged N700 million fraud Prosecutors accused Osagiede and a second suspect, currently at large, of bypassing two-factor authentication on Ravenpay user …

EFCC Arraigns One Over N700m Fraud In Lagos 

    Joseph Bakare The Lagos Zonal Directorate 1 of the Economic and Financial Crimes Commission (EFCC) has arraigned Osaretin Osagiede before Justice Olukayode Ogunjobi of the Lagos State High Court sitting in Ikeja,  over an alleged N700 million fraud. …

Difficult time for microfinance business behind us, Q2 to see growth, says IndusInd Bank MD

New Delhi: The difficult phase for the microfinance business is now behind us, with risks playing out favourably, and growth in the segment is expected to return from the second quarter onwards, IndusInd Bank MD and CEO Rajiv Anand has said. IndusInd Bank …

Dutch development bank FMO to fund TYM with $10 million

The Dutch entrepreneurial development bank FMO is proposing $10 million financing for Tinh Thuong One Member Limited Liability Microfinance Institution (TYM). According to the disclosure on September 2, TYM is one of the largest microfinance institutions …

30 Million Users: FairMoney Bets On Digital Banking To Deepen Financial Inclusion In Nigeria

FairMoney has surpassed 30 million registered users in Nigeria, underscoring the growing adoption of digital financial services. The digital bank says it processes tens of thousands of loan applications daily, with eligible customers able to apply through …

US$200M ARCAFIM climate finance initiative targets 1.5 million East African farmers

EAST AFRICA – The Africa Rural Climate Adaptation Finance Mechanism, a US$200 million initiative, has been launched to provide climate-resilient loans to smallholder farmers and rural businesses across East Africa, with Equity Group committing US$90 …

COVA, Maviance Bring Auto Insurance Payments to Smobilpay Network in Cameroon

Digital insurance broker COVA and payments company Maviance added auto insurance to Cameroon’s Smobilpay network, opening another distribution channel for a market where insurers issued CFA288.7 billion in premiums in 2024. The companies announced the …

Equity, IFAD target farmers with Sh25.8bn climate financing

The International Fund for Agricultural Development (IFAD) and Equity Group have launched a $200 million (Sh25.8 billion) financing agreement for smallholder farmers and rural businesses in East Africa to help them adapt to effects of climate change. The …

Group unveils ethical finance products to deepen financial inclusion

Finance By Nana Musa A business group, Open Space, a financial technology company, has unveiled new Ethical Finance products aimed at promoting inclusion, transparency and shared prosperity. The Open Space Chief Executive Officer (CEO), Titus Ike, …

Credit bypassing Nigeria’s job creators — World Bank Official

The World Bank has said credit is bypassing the businesses that have the greatest potential to create jobs in Nigeria, urging the financial sector to redirect capital towards productive enterprises and infrastructure. This was the central highlight of the …

St. Jude House Launches “Hope Lives Here” Transitional Housing Campaign

Thieneman Construction Becomes First Founding Partner in Campaign to Help Survivor Families Secure Safe Housing CROWN POINT, IN, UNITED STATES, September 8, 2026 /⁨EINPresswire.com⁩/ -- St. Jude House, a shelter for domestic violence survivors, …

Houston Attorney Neeloy Azad Joins Discovery Team in Federal Lawsuit Challenging Texas Terrorist Designation of CAIR

HOUSTON, TX, UNITED STATES, September 8, 2026 /⁨EINPresswire.com⁩/ -- Houston civil rights attorney Neeloy Azad has joined the discovery team as a volunteer attorney in CAIR v. Abbott, Case No. 1:25-cv-01878, pending in the U.S. District Court for …

Dr. Okah “Justin” Anyokwu Highlights Mental Health and Recovery During National Recovery Month

Dr. Anyokwu emphasizes individualized care, ongoing support and the important role mental health can play throughout the recovery process. ATLANTA, GA, UNITED STATES, September 8, 2026 /⁨EINPresswire.com⁩/ -- ATLANTA, GA — September 8, 2026 — In …

New Study Finds Nearly Fourfold Gap in Maternal Mortality Rates Across U.S. States

Tennessee recorded the highest maternal mortality rate among 39 states with published data, nearly four times California’s rate. PHILADELPHIA, PA, UNITED STATES, September 8, 2026 /⁨EINPresswire.com⁩/ -- A new nationwide study published by Harden …

AntiNCII.org Launches Privacy Service for Victims of Image-Based Abuse

The independent project provides a confidential way for adults to create cases involving NCII while keeping original files on their own devices. LOS ANGELES, CA, UNITED STATES, September 8, 2026 /⁨EINPresswire.com⁩/ -- AntiNCII.org has launched as an …

HOPE, UNFAILING: POPE FRANCIS’S LAST BOOK, TO BE PUBLISHED IN ENGLISH IN FALL, 2026

Pope Francis' final thoughts - available in English for the first time this Fall 2026 GREENWICH, CT, UNITED STATES, September 8, 2026 /⁨EINPresswire.com⁩/ -- Hope, Unfailing, the final book written by Pope Francis will be published in English …

The Black Fairy Godmother Foundation Marks Domestic Violence Awareness Month With Its 11th Annual Purple Diamond Awards

Author and activist Shannon Watts delivers the keynote. Hosted by PIX11's Vanessa Freeman with a live performance by Grammy-nominated singer Shanice BLOOMFIELD, NJ, UNITED STATES, September 8, 2026 /⁨EINPresswire.com⁩/ -- October is Domestic …

Devon Spier Receives International Recognition Through the NYC Big Book Award®!

KITCHENER, ONTARIO, CANADA, September 8, 2026 /⁨EINPresswire.com⁩/ -- The NYC Big Book Award recognized Heart Map and the Song of Our Ancestors by Devon Spier in the category of Judaism as a Distinguished Favorite. The competition is judged by …

Chris Maddocks Joins Avalon as Senior Vice President of Digital

Senior nonprofit and agency executive brings broad experience across fundraising, marketing, and digital strategy to lead Avalon Digital. WASHINGTON, DC, UNITED STATES, September 8, 2026 /⁨EINPresswire.com⁩/ -- Avalon Consulting Group today …

Lâm Minh Chánh Named 2026 International Financial Education Instructor of the Year by the NFEC

DALLAS, TX, UNITED STATES, September 8, 2026 /⁨EINPresswire.com⁩/ -- The National Financial Educators Council (NFEC) has named Lâm Minh Chánh the 2026 International Financial Education Instructor of the Year. The recognition is awarded to educators …

Seven RNA leaders launch the European RNA Alliance

The new alliance provides researchers, biotech and pharma with a gateway to complementary European RNA technologies and scientific expertise. VIENNA, AUSTRIA, September 8, 2026 /⁨EINPresswire.com⁩/ -- A group of independent European RNA companies …

Damien Cain Wins 2026 InterContinental Music Award for 'Standarte'

The Ireland-based artist wins for a bilingual anti-war song exploring violence, belief, obedience and the human urge to follow. MOUNTMELLICK, LAOIS, IRELAND, September 8, 2026 /⁨EINPresswire.com⁩/ -- Ireland-based alternative rock and metal artist …

South Sudan: A Lifeline Under Pressure

Since 2014, the ICRC has evacuated more than 5,000 patients from across South Sudan for life-saving surgery, often aided by South Sudan Red Cross volunteers drawn from the communities they serve. The system that supports them — the aircraft, the medics …

ICRC president: Urgent steps needed to de-escalate hostilities in Middle East

Humanitarian action is critical to responding to the consequences of conflict, but it can never replace respect for international humanitarian law and political commitment to de-escalate. If the fighting continues, we fear it will lead to more deaths and …

New Self-Help book, The Human Language by Penny Newton-Hurley

Develop psychological safety & improve relationships. Launching The MECAnism, a practical framework DALLAS, TX, UNITED STATES, September 7, 2026 /⁨EINPresswire.com⁩/ -- About the Book Non-Fiction, Self-Help, Business, Parenting, Mind/ …

CRIS ELI BLAK’S DOMINANT ANIMALS CONFRONTS MACHISMO AND GENERATIONAL TRAUMA THROUGH A PUERTO RICAN FAMILY STORY

Acclaimed Latino family drama returns to Teatro LATEA for three performances during Hispanic Heritage Month, October 2–4 NEW YORK, NY, UNITED STATES, September 8, 2026 /⁨EINPresswire.com⁩/ -- What happens when the emotional walls intended to …

Lâm Minh Chánh được National Financial Educators Council vinh danh là Giảng viên Giáo dục Tài chính Quốc tế của Năm 2026

HOCHIMINH CITY, VIETNAM, September 7, 2026 /⁨EINPresswire.com⁩/ -- National Financial Educators Council đã vinh danh Lâm Minh Chánh là Giảng viên Giáo dục Tài chính Quốc tế của Năm 2026. Danh hiệu này được trao cho các nhà giáo dục thể hiện tác động nổi bậ …

Sunny Glen Children’s Home Invites Supporters to Leave a Legacy of Hope During National Make-A-Will Month

A planned gift can help carry Sunny Glen’s mission forward for children and families for generations to come TX, UNITED STATES, September 7, 2026 /⁨EINPresswire.com⁩/ -- The impact a person leaves behind is not always measured by what they give …

Anja Health Makes Cord Blood, Cord Tissue & Placenta Banking an Employee Benefit and Invites Other Employers to Join In

Anja Health is offering stem cell banking as an employee benefit and inviting employers to bring cord blood, cord tissue and placenta banking to their teams. LOS ANGELES , CA, UNITED STATES, September 7, 2026 /⁨EINPresswire.com⁩/ -- Welcoming a …

Stefano Podini Reaffirms FIGH Vision: 'High-Level Competition Requires a Professional Mindset Before Numbers'

Following the Mediterranean Games Taranto2026, Learning from Winning Disciplines Is Key to Transformation the Italian Handball Federation (FIGH). TARANTO, ITALY, ITALY, September 7, 2026 /⁨EINPresswire.com⁩/ -- More than a competitive showcase …