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Published on 00:32 GMT

Microfinance needs structural reforms

By Jagriti Bhattacharyya Microfinance has been the darling of international development and viewed as a tool for poverty alleviation for long. Pioneered by Nobel-Prize-winning Bangladeshi economist Muhammad Yunus in 1976, microfinance began with lending …

Source: Financial Express - Neutral
Published on Mar 13, 2025

Global Microfinance Market Poised for Growth, Projected to Expand at 10.8% CAGR Through 2030

Global Microfinance Market Poised for Growth, Projected to Expand at 10.8% CAGR Through 2030 NEW CASTLE, DE, UNITED STATES, March 13, 2025 /⁨EINPresswire.com⁩/ -- Microfinance is a type of financial service provided to people looking to lend money …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on Mar 13, 2025

Business News | ICRA Flags Rising Risks in Unsecured Securitised Pools; Collections of Microfinance Dropped to 90% in Q3 ...

New Delhi [India], March 13 (ANI): The collection efficiency trend for unsecured asset classes, such as microfinance loans, personal loans and unsecured SME loans, has seen weakening performance in the last few months, rating agency ICRA said on Thursday. …

Source: Latestly - Uncategorized
Published on Mar 13, 2025

ICRA flags rising risks in unsecured securitised pools; collections of microfinance dropped to 90% in Q3 FY25

The collection efficiency trend for unsecured asset classes, such as microfinance loans, personal loans and unsecured SME loans, has seen weakening performance in the last few months, rating agency ICRA said on Thursday. The weak collections in the …

Source: The Economic Times - Label Pending
Published on Mar 12, 2025

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

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

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

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 12, 2025

NMDFC disbursed over ₹2,347 cr concessional credit in 3 years for minorities: Govt in LS

New Delhi, The National Minorities Development and Finance Corporation has disbursed concessional credit to the tune of ₹2,347.15 crore during the last three years, thereby providing benefits to over 5.50 lakh eligible people from minority communities, the …

Source: Hindustan Times - Uncategorized
Published on Mar 11, 2025

DPDB Kohima meeting reviews developmental schemes

DC Kohima, Kumar Ramnikant, IAS, chairing the Kohima DPDB meeting held at DPDB Hall, Kohima. (DIPR Photo) Kohima, March 11 (MExN): The monthly Kohima District Planning & Development Board (DPDB) meeting was held at the DPDB Hall, Kohima, on March 11 …

Source: The Morung Express - Label Pending
Published on Mar 11, 2025

Davodani MFB Grows Balance Sheet To Over N10bn Through New Business Strategies

With over a decade of banking service experience, Davodani Micro Finance Bank (MFB) based in Lagos has grown its business from N5.4m negative balance sheet when it was acquired from CALM Micro Finance Bank to a whopping N10 billion where it is now. This …

Source: Daily Independent - Label Pending
Published on Mar 11, 2025

Sectoral Storm: Navigating Energy, Cocoa and Financial Turbulence in Ghana

Ghana’s 2025 budget does more than chart a course for fiscal consolidation; it confronts head‑on the sector-specific challenges that have long undermined the country’s economic potential. Amid a backdrop of soaring energy shortfalls, a faltering cocoa …

Source: News Ghana - Uncategorized
Published on Mar 11, 2025

Amid much debate…: Micro Fin Ordinance passes Assembly test

Bengaluru: The Karnataka Micro Loan and Small Loan (Prevention of Coercive Actions) Ordinance, 2025 that awards 10-year rigorous jail imprisonment, imposition of Rs. 5 lakh fine, action against black money and immunity against the harassment of money …

Source: Star of Mysore - Center-right
Published on Mar 11, 2025

Prof George Domfeh Touts Ken Ofori-Atta’s Contribution to Ghana’s Economic Development

As Ghana’s Finance Minister for seven years and one of the long serving finance ministers in the history of Ghana since independence, Ken Ofori Atta has played a major role in shaping and growing the country’s economy. In spite of the obvious global …

Source: New Crusading Guide - Label Pending
Published on Mar 10, 2025

The domino effect: How continuing fall in the secondary market is impacting IPO activity

The domestic stock market has been reeling under heavy selling pressure for the past few months. Benchmark indices, Sensex and Nifty, have lost nearly 13 per cent from their peaks touched in September last year, eroding nearly Rs 79 lakh crore of investors …

Source: The Indian Express - Center-left
Published on Mar 8, 2025

Mokokchung celebrates women’s day with focus on economic empowerment

Participants, along with Mokokchung Municipal Council councillors and Nagaland State Cooperative Bank officials, at the International Women’s Day celebration held at the MMC conference hall, Mokokchung, on March 8. (Morung Photo) Morung Express News …

Source: The Morung Express - Label Pending
Published on Mar 13, 2025

Specials | Mar 13, 2025 | 24 min read SATYA MicroCapital Limited Advances its Vision of Serving 10 mn Households by 2030

Others Specials Noida (Uttar Pradesh) [India], March 13: SATYA MicroCapital Limited, NBFC-MFI for micro entrepreneurs, has announced its vision to serve 10 million households by 2030. The target aligns with its vision of fostering entrepreneurship and …

Source: Ahmedabad Mirror - Neutral

03 days 21:36:54

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Published on March 13, 2025 - 23:08 GMT

African Calendar LLC Unveils First-Ever Igbo Calendar to Revive Africa’s Lost Heritage and Unite the Diaspora

HUNTINGTON BEACH, CA, UNITED STATES, March 13, 2025 /⁨EINPresswire.com⁩/ -- African Calendar LLC passionately announces the launch of the African Igbo Calendar, designed by Udee Onyioha, that takes into account the rich history, groundbreaking …

Distribution channels: Culture, Society & Lifestyle, Education ...
Published on March 13, 2025 - 15:29 GMT

Data Center Construction Market to Hit $58.33 Billion By 2030, Building the Future of Data Center Infrastructure

The Data Center Construction Market is expanding rapidly, driven by growing cloud adoption, AI advancements, and increasing data storage demands. LOS ANGELES, CA, UNITED STATES, March 13, 2025 /⁨EINPresswire.com⁩/ -- According to a new report …

Distribution channels: Technology ...

Published on March 13, 2025 - 12:04 GMT

Outsourced CFO: Budget 2025 A Mixed Bag for Businesses In South Africa

Strategic planning essential as VAT hikes, infrastructure investments offer both challenges and opportunities for South African businesses in Budget 2025. CAPE TOWN, SOUTH AFRICA, March 13, 2025 /⁨EINPresswire.com⁩/ -- The 2025 Budget Speech, …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on March 13, 2025 - 22:55 GMT

President Cyril Ramaphosa: Eight South Africa - European Union Summit

Your Excellency, President Costa, Your Excellency, President von der Leyen, Your Excellencies Ambassadors of the European Union and South Africa, Members of the European Union and South African delegations, Good afternoon, It is a great pleasure to welcome …

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Published on March 13, 2025 - 19:26 GMT

Ilham Aliyev received Secretary-General of UN Conference on Trade and Development

AZERBAIJAN, March 13 - 13 March 2025, 16:52 On March 13, President of the Republic of Azerbaijan Ilham Aliyev received Rebeca Grynspan, Secretary-General of the United Nations Conference on Trade and Development (UNCTAD). Rebeca Grynspan congratulated …

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Published on March 13, 2025 - 14:03 GMT

Urology Care Foundation Announces 2025 Humanitarian Recognition Awardee

BALTIMORE, March 13, 2025 (GLOBE NEWSWIRE) -- The Urology Care Foundation (UCF), the world's leading nonprofit urological health foundation and the official foundation of the American Urological Association, is pleased to announce Mahesh Desai, MD, …

Distribution channels: Media, Advertising & PR ...
Published on March 13, 2025 - 12:57 GMT

Basic Education briefs National Council of Provinces on budget shortfall

The Minister of Basic Education (DBE) has informed the National Council of Provinces (NCOP) that an estimated R129 billion is required to address the critical infrastructure backlog currently affecting schools across the country. This urgent need for …

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Published on March 13, 2025 - 23:36 GMT

Amazing Love Movement Weekend Honors Teachers at Comedy Show with Omar Gooding and Benefit Youth at All-Star Zoom-a-Thon

His Love is Amazing Founder Apostle Mardia Scott Launches Events Sponsored by Humanitarian Bill Whittle to Uplift the Baton Rouge Community on March 15-16. BATON ROUGE, LA, UNITED STATES, March 13, 2025 /⁨EINPresswire.com⁩/ -- The Amazing Love …

Distribution channels: Culture, Society & Lifestyle, Education ...

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Published on March 13, 2025 - 23:08 GMT

African Calendar LLC Unveils First-Ever Igbo Calendar to Revive Africa’s Lost Heritage and Unite the Diaspora

HUNTINGTON BEACH, CA, UNITED STATES, March 13, 2025 /⁨EINPresswire.com⁩/ -- African Calendar LLC passionately announces the launch of the African Igbo Calendar, designed by Udee Onyioha, that takes into account the rich history, groundbreaking …

Distribution channels: Culture, Society & Lifestyle, Education ...
Published on March 13, 2025 - 22:16 GMT

The GRO Foundation Is Bringing Uganda’s Forests Back

The GRO Foundation is restoring Uganda’s forests—255M trees, 138M tons of CO₂ captured, and livelihoods rebuilt for a sustainable future. KAMPALA, UGANDA, March 13, 2025 /⁨EINPresswire.com⁩/ -- The land remembers. It remembers the forests that …

Distribution channels: Banking, Finance & Investment Industry, Education ...
Published on March 13, 2025 - 20:24 GMT

Italian American One Voice Coalition Raps Saturday Night Live for Pattern of Bigoted Italian Slurs

NORTHVALE, NJ, UNITED STATES, March 13, 2025 /⁨EINPresswire.com⁩/ -- The Italian American One Voice Coalition (“IAOVC”), the nation’s largest independent Italian American anti-bias organization, is calling out Saturday Night Live (“SNL”) for …

Distribution channels: Culture, Society & Lifestyle, Education ...
Published on March 13, 2025 - 19:56 GMT

Seminole Hard Rock Hotel & Casino Hollywood and The Pride Center at Equality Park Announce Drag Brunch on June 1

The Pride Center Honors to Recognize Ana Navarro, Co-host of ABC’s The View, Nadine Smith of Equality Florida and The Our Fund Foundation FORT LAUDERDALE, FL, UNITED STATES, March 13, 2025 /⁨EINPresswire.com⁩/ -- In recognition of Pride Month, …

Distribution channels: Amusement, Gaming & Casino, Culture, Society & Lifestyle ...
Published on March 13, 2025 - 18:20 GMT

Revolutionizing Philanthropy: AI-Powered Platform Bridges Donors with Community Needs

Northern Cincinnati Foundation launches revolutionary AI platform, connecting donors to community needs with smart matching, impact analytics & seamless giving. CINCINNATI , OH, UNITED STATES, March 13, 2025 /⁨EINPresswire.com⁩/ -- In a …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on March 13, 2025 - 17:00 GMT

THE GREATER WASHINGTON URBAN LEAGUE ANNOUNCES HONOREES AND SPEAKERS FOR THEIR ANNUAL WHITNEY M. YOUNG JR. GALA

Gala To Honor Congresswoman Maxine Waters; Karine Jean-Pierre, Former White House Press Secretary; Giant Food; and Will Dawkins, GM of the Washington Wizards WASHINGTON, DC, UNITED STATES, March 13, 2025 /⁨EINPresswire.com⁩/ -- The Greater Washington …

Distribution channels: Business & Economy, Culture, Society & Lifestyle ...
Published on March 13, 2025 - 15:20 GMT

iChange Nations™ Appoints Todd Mosby as World Civility Ambassador during Private Ceremony at Oakland City University

OAKLAND CITY , IN, UNITED STATES, March 13, 2025 /⁨EINPresswire.com⁩/ -- On February 1, 2025, during a school-wide event at Oakland City University, Todd Mosby from Evansville, Indiana, was appointed as the World Civility Ambassador by iChange …

Distribution channels: Culture, Society & Lifestyle, Education ...
Published on March 13, 2025 - 14:22 GMT

Neighborhood LTC Pharmacy Partners with IntellectAbility to Enhance IDD Healthcare Training for Pharmacists

KANSAS CITY, MO, UNITED STATES, March 13, 2025 /⁨EINPresswire.com⁩/ -- Neighborhood LTC Pharmacy is proud to announce a new partnership with IntellectAbility, a health and wellness training leader for supporters of people with intellectual and …

Distribution channels: Business & Economy, Companies ...
Published on March 13, 2025 - 13:00 GMT

Anne-Marie Jones Named President at DigDeep

Leadership evolution strengthens organizational capacity as DigDeep continues mission to ensure access to clean, running water across the United States LOS ANGELES, CA, UNITED STATES, March 13, 2025 /⁨EINPresswire.com⁩/ -- DigDeep, a leading …

Distribution channels: Human Rights ...
Published on March 13, 2025 - 12:03 GMT

Brad Hoylman-Sigal State Senator and Manhattan Borough President Candidate Endorses Todd J. Stein for District Leader

Momentum builds for Upper East Side's advocate Todd J. Stein, as Brad Hoylman-Sigal, respected candidate for Manhattan Borough President, endorses Stein. NEW YORK, NY, UNITED STATES, March 13, 2025 /⁨EINPresswire.com⁩/ -- The momentum …

Distribution channels: Culture, Society & Lifestyle, Human Rights ...
Published on March 13, 2025 - 11:20 GMT

Evènement à l’ONU sur les otages arméniens détenus en Azerbaïdjan

Alors que les procès pour l'exemple progressent à Bakou, Christian Solidarity International porte le cas des otages arméniens devant l'ONU PARIS, FRANCE, March 13, 2025 /⁨EINPresswire.com⁩/ -- Christian Solidarity International organisera …

Distribution channels: Culture, Society & Lifestyle, Human Rights ...
Published on March 13, 2025 - 10:31 GMT

Leaders of Uzbekistan and France elevate bilateral relations to strategic partnership

The President of the Republic of Uzbekistan, Shavkat Mirziyoyev, and the President of the French Republic, Emmanuel Macron, held talks at the Élysée Palace. PARIS, FRANCE, March 13, 2025 /⁨EINPresswire.com⁩/ -- The President of the Republic of …

Distribution channels: Culture, Society & Lifestyle, Human Rights ...
Published on March 13, 2025 - 07:36 GMT

A' Usability and Universal Design Awards Announces Comprehensive Design Prize for 2024

A' Design Award & Competition Introduces Enhanced Universal Design Prize Package Supporting Innovation and Excellence in Universal Design COMO, CO, ITALY, March 13, 2025 /⁨EINPresswire.com⁩/ -- The A' Usability and Universal Design …

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Published on March 13, 2025 - 05:53 GMT

The Royal House of Ghassan Partners with Heartbeats International, the World's Largest Christian Music Festival

The Royal House of Ghassan Joins Forces with Heartbeats International to Inspire Christian Faith and Unity BEVERLY HILLS, CA, UNITED STATES, March 12, 2025 /⁨EINPresswire.com⁩/ -- The Royal House of Ghassan, a historic humanitarian and cultural …

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Published on March 12, 2025 - 19:14 GMT

The National Black Lawyers Names PLDO Attorney LaTri-c-ea McClendon- Hunt Top 100 Lawyer in Rhode Island

This recognition honors the top 100 African American lawyers in each state, recognized for their outstanding legal skills and professional contributions. JOHNSTON, RI, UNITED STATES, March 12, 2025 /⁨EINPresswire.com⁩/ -- Pannone Lopes Devereaux & O’ …

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Published on March 12, 2025 - 18:50 GMT

Project Alive ED Recognized for Transformative Leadership in Rare Disease Advocacy During Women’s History Month

Never doubt that a small group of thoughtful, committed citizens can change the world; indeed, it's the only thing that ever has.- Margaret Mead LOS ANGELES, CA, UNITED STATES, March 12, 2025 /⁨EINPresswire.com⁩/ -- – As the nation celebrates …

Distribution channels: Education, Healthcare & Pharmaceuticals Industry ...
Published on March 12, 2025 - 18:46 GMT

Washington, D.C. and Massachusetts top list of the best places in the U.S. for Women’s Power and Influence, Alabama last

New Report: Washington, D.C. holds the top position in the nation regarding women’s power and influence. Alabama and Mississippi rank last. WASHINGTON, DC, DC, UNITED STATES, March 12, 2025 /⁨EINPresswire.com⁩/ -- NEW REPORT: Washington, D.C. and …

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Published on March 12, 2025 - 18:39 GMT

The Kilgoris Project Announces Zach Carpenter New President

International Organization Promotes New Leadership from Within LOS ALTOS, CA, UNITED STATES, March 12, 2025 /⁨EINPresswire.com⁩/ -- The Kilgoris Project (TKP) is pleased to announce the appointment of Zach Carpenter as the organization’s new …

Distribution channels: Business & Economy, Culture, Society & Lifestyle ...
Published on March 13, 2025 - 05:33 GMT

MEDIA ADVISORY: New paper on exploitation of Palestinian women working in illegal Israeli settlements

Paper released as West Bank sees escalations in Israeli military and settler violence, killings, injuries, forced displacements, residential demolitions and movement restrictions. Oxfam has released a briefing paper Palestinian Women Working in Illegal …

Distribution channels: Human Rights
Published on March 12, 2025 - 16:40 GMT

La Comisión Latina sobre el SIDA anuncia la Gala Anual Cielo en celebración de su 35 aniversario

El evento reconocerá líderes en la lucha contra el VIH y el SIDA y recaudará fondos para continuar con los esfuerzos para responder a los retos de hoy dia NUEVA YORK, NY, UNITED STATES, March 12, 2025 /⁨EINPresswire.com⁩/ -- La Comisión Latina …

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