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Latest Microfinance Stories

2014-07-09 08:35:03

TORONTO, LONDON and MUMBAI, July 9, 2014 /PRNewswire/ -- InfrasoftTech today announced that United Nations Relief and Works Agency (UNRWA)'s Microfinance Department, has gone live on OMNIEnterprise Microfinance Solution in four territories of its operations, automating their entire business processes, credit risk management and financial compliance. (Logo: http://photos.prnewswire.com/prnh/20130422/610789) The Microfinance department at UNRWA wanted a highly...

2014-07-07 12:30:16

Foundation Also Announces Leadership Changes WASHINGTON, July 7, 2014 /PRNewswire-USNewswire/ -- Grameen Foundation today announced the appointment of Nelson Mattos and Eleanor Wagner to its board of directors. It has also made key changes to its leadership team, with Hillary Miller-Wise, Camilla Nestor and Steve Wardle taking on new roles. http://photos.prnewswire.com/prnvar/20130712/DC46632LOGO Nelson Mattos' 30-year career as a technical executive includes serving as Google's...

2014-07-01 12:25:19

WASHINGTON, July 1, 2014 /PRNewswire/ -- The annual CGAP Photo Contest, which aims to highlight stand-out photography from amateurs and professionals around the world depicting financial inclusion, is now open for entries. To view the multimedia assets associated with this release, please visit: http://www.multivu.com/players/English/7065952-cgap-2014-photo-contest-financial-inclusion http://photos.prnewswire.com/prnvar/20140701/123582 Submit your entries to the 2014 CGAP Photo...

2014-07-01 08:36:06

BERLIN, July 1, 2014 /PRNewswire/ -- Mentors International [http://www.mentorsinternational.org ], a non-profit organisation that uses microenterprise, mentoring, and business training to alleviate poverty worldwide, is implementing Mambu [http://www.mambu.com ]'s cloud banking platform across its entire network, spanning five countries worldwide. (Logo: http://photos.prnewswire.com/prnh/20130924/642408-a ) Currently active in the Philippines, Guatemala,...

2014-06-30 23:20:05

Kiva.org and Grameen-Jameel Microfinance Ltd. Launch “Change is in Your Hands" Campaign to Alleviate Poverty Through Entrepreneurship in the Middle East, North Africa and Turkey San Francisco, California (PRWEB) June 30, 2014 June 30, 2014 — As the world continues to watch events of trauma, hope, conflict, innovation and resilience unfold throughout the Middle East, Kiva.org and Grameen-Jameel Microfinance Ltd. have partnered to launch “Change is in Your Hands.” The campaign...

2014-06-18 08:35:12

Rainy Day provides inexpensive short-term loans by combining Facebook and microfinance PORTLAND, Ore., June 18, 2014 /PRNewswire-iReach/ -- Rainy Day Capital, LLC announced today the beta launch of its website, rainyday.org, which relies heavily on social media and networks to create an inexpensive alternative to payday loans. The microlending site will provide short-term access to as much as $1,000 with no interest or fees for five days, up to four times a year. "The inspiration...

2014-06-17 08:31:53

WASHINGTON, June 17, 2014 /PRNewswire/ -- The Wasil Foundation, a Pakistan-based microfinance institution, won the Islamic Microfinance Challenge, a global contest to identify innovative Sharia-compliant financial products. Wasil won the $100,000 grant award for its package of products aimed specifically at smallholder farmers. To view multimedia assets associated with this release, please click here:...

2014-06-13 12:27:57

Free and Open Source Software for Financial Institutions Bringing Financial Services to the Poor in Developing Countries SAN FRANCISCO, June 13, 2014 /PRNewswire-USNewswire/ -- The Mifos Initiative today launched its Mifos X Platform for Financial Inclusion. The Mifos X Platform is a free and open source core banking system for responsible financial services organizations bringing financial services to the 3 billion unbanked poor globally - the proven method to lift the poor...

2014-05-28 04:25:15

HONG KONG, May 28, 2014 /PRNewswire/ -- Global microfinance network makes strategic move to cloud and mobile Mambu, the cloud banking platform provider, has been selected by Opportunity International, the global microfinance network, as its core banking platform for small and medium business lending in China. Opportunity International (OI) is Mambu's first customer in China. (Logo: http://photos.prnewswire.com/prnh/20130924/642408-a ) Building on its...

2014-05-13 08:39:01

Mambu expands customer footprint in Angola, Kenya and Nigeria BERLIN, May 13, 2014 /PRNewswire/ -- Mambu, the cloud banking technology provider, has expanded its customer footprint in Africa, confirming three new customers in Angola, Kenya and Nigeria. All three are new financial organisations extending access to financial services in underserved markets, and have chosen Mambu as their core-banking platform to launch their businesses. (Logo:...


Word of the Day
call-note
  • The call or cry of a bird or other animal to its mate or its young.
'Call-note' is newer than 'bird-call,' which originally referred to 'an instrument for imitating the note of birds' but now also refers to 'the song or cry of a bird.'
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