One example of an MFI that views microfinance as a platform and not a product is Grameen Bank. Established as a pilot project in 1976, Grameen Bank transformed into the world’s first commercial ...

That is, until she discovered Grameen Bank, one of the first microfinance institutions (MFIs), which set up shop in rural Bangladesh in the wake of the 1976 famine. In 1979, Grameen made Mufiya a ...

Ohha Microfinance Bank Limited has filed a lawsuit against the Enugu State Government, seeking N20.4 billion in damages for the alleged unlawful demolition of its headquarters and destruction of ...

Grameen Bank, which won the Nobel Peace Prize in 2006, earned its celebrated reputation by helping poor women in Bangladesh become entrepreneurs. Through microfinance loans — small amounts of capital ...

In Q3FY24, microfinance banks reported a net loss of Rs 1.1 billion, according to the last available quarterly statistics compiled by the State Bank. This represents a doubling compared to the ...

Bank Andara was created by an investor group led by Mercy Corps to form a wholesale bank that would provide a range of banking products and services for microfinance institutions in Indonesia, ...

The most famous microfinance institution, the Grameen Bank, grew strong in the unregulated markets of Bangladesh. Nimble and flexible, the model built by the Grameen Bank proved to be an effective ...

Nigeria’s leading financial service provider Moremonee || M&M MFB has rapidly evolved since its establishment in 2008, securing its Central Bank of Nigeria (CBN) license in July of that year.

The bank's loans increased by 22% from the year-ago quarter. "The microfinance industry continues to drag earnings and we see the pain continuing for three-four quarters," analysts at Jefferies ...

ICICI Bank: Best in micro loans to microfinance institutions (MFIs). HDFC Bank: Best microfinance loan to women-led small help and liability groups. Axis Bank: Best in micro loans for joint ...

Bank SinoPac, a Taiwanese bank, has officially become the majority shareholder of Amret Microfinance Institution (MFI), acquiring an 80% stake. The agreement was finalised after the regulatory ...