Archive for January, 2009

Unitus President on Bloomberg

January 30, 2009 No Comments

Jan 30, 2009 — Unitus President Ed Bland spoke with Bloomberg Television about Unitus’ work and the future of microfinance. Ed was in New York for a series of conversations centered around the Microcredit Summit Campaign’s announcement that in 2007, more than 106 million of the world’s poorest families (those living on less than $1.25/day) ...

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Recent Critiques of Microfinance

January 30, 2009 1 Comment

Believing that only truly meritorious ideas can stand up to harsh critique, I have accumulated a number of critiques of microfinance. Here are three recent examples.

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Bjork lends her name to Icelandic investment fund

January 30, 2009 No Comments

Dec 18, 2008 — Icelandic star Bjork and financial services firm Audur Capital have launched a venture capital fund named after the singer which is focused on feminine values and the environment, they said Thursday. Audur Capital, which numbers 15 women among its 17 employees, says its aim is “incorporating feminine values into the world ...

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Brown Students Start Microfinance Bank

January 30, 2009 No Comments

Jan 29, 2009 — Four Brown students are launching Providence’s first microfinance bank in Olneyville next month to give loans to poor entrepreneurs and to immigrants looking to become permanent residents and citizens. (full article)

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LendtoEndPoverty Launched

January 29, 2009 No Comments

Jan. 28, 2009 — ACCION International, a pioneer and leader in microfinance, today formally announced that its ‘Lend to End Poverty’ campaign and petition, calling on economic leaders to promote and prioritize microfinance at the World Economic Forum (WEF) Annual Meeting 2009, crossed the 20,000 signature mark in advance of the WEF opening today in ...

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Davos Leaders Should Look to Microfinance

January 29, 2009 No Comments

Jan 28, 2009 — Alex Raksin on Huffington Post: When the World Economic Summit convened today in Davos…among the top, as yet unanswered questions was, “What will provide [future] growth?,” and as the summit’s chairman and founder, Klaus Schwab, asked, “Where should leaders look to find a new “transformative vision for international finance”? The answer ...

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Publishing Opportunity for Microfinance Professionals

January 28, 2009 No Comments

For you experts in microfinance who have aspirations to write, here is an opportunity to participate in a project that won’t require you to put together an entire book.

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Calvert Social Investment Foundation Raised $42 million for Microfinance and Other Poverty Alleviation Strategies

January 28, 2009 No Comments

In 2008, the Calvert Social Investment Foundation raised $42 million in additional investments due to a 33 percent boost in sales of its Calvert Community Investment Notes. The Notes allow investors to finance affordable housing, microfinance, and small businesses. (full press release)

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Microfinance: Ready For Its Big Leap?

January 28, 2009 No Comments

Microfinance: Ready For Its Big Leap? As the CEO of Accion Texas, Janie Barrera has plenty of lending success stories to tell. There’s the Colombian woman in Dallas who launched a translation business, and today counts the likes of 3M and Southwest Airlines as clients. Or the African-American man in Houston whose idea of…(full article)

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Farmers Trade Crops for Solar Lighting in the Solomons

January 27, 2009 No Comments

Farmers Trade Crops for Solar Lighting in the Solomons: Using crops in a unique barter system, a new microfinance project in the Solomon Islands has successfully implemented a solar lighting finance scheme, enabling communities to trade crops for much needed access to light. (full press release)

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Wokai Seattle: Drinks for a Better World on December 8th

Wokai commissioned emerging Chinese photographers to travel to remote rural villages and capture images of Wokai’s work in microfinance....

2011 Law and Development Institute Conference on Saturday, Dec. 10, at Seattle University

By Diane Lourdes Dick.  The Law and Development Institute (“LDI”) and Seattle University School of Law will host the...

Global Partnerships, Fonkoze Pledge to Reach 50,000 Women in 3 Years

In a partnership with Linked Foundation, Fonkoze and Global Partnerships plan to reach 50,000 poor and ultra poor women...

Zidisha Turns Microfinance on its Head

While conducting fieldwork for a microfinance organization in West Africa in 2006, Zidisha.org founder Julia Kurnia noticed something startling....

Points to Ponder: What is Microfinance?

By Diane Lourdes Dick.  What is “microfinance”? Does the term refer to a series of financial transactions, or does it suggest...