Microcredit Newswire

Micro-credit sector ready to drive MSMEs growth amid economic challenges

Stakeholders and players in the micro-credit sector have committed to supporting growth of the micro, small and medium enterprises (MSMEs) in their bid to lead the country’s post-COVID-19 economic recovery efforts. With over 90 percent of businesses in the …

BoJ allowing micro-credit firms awaiting licence to continue operating but under strict conditions

  The Bank of Jamaica, has addressed the concern that some micro credit institutions are operating without a BOJ license, with Deputy Governor Dr Jide Lewis explaining that those who've applied and are still being vetted are allowed to operate, but …

BB governor for cut in interest rates on microcredit lending

FE REPORT | Published: November 16, 2022 08:49:11 | Updated: November 16, 2022 11:51:32 Bangladesh Bank (BB) Governor Abdur Rouf Talukder on Tuesday urged the country's microfinance institutions to reduce interest rates on microcredit lending. " …

Central Bank approves five institutions to be licensed under Microcredit Act

The central bank has approved five institutions to be licensed under the Microcredit Act, 2021. They are Access Financial Services, Trublu Financial Services, Kingston Finance, Nykhana Investment Company and Kris An Charles Investments Company. These …

Nagad, CDIP sign MoU to ease microcredit operations

Nagad and Centre for Development Innovation and Practices officials pose for a photo at the MoU signing ceremony at Nagad’s office in Dhaka, recently. – Press release photo Nagad Limited and Centre for Development Innovation and Practices have signed a …

Outstanding loans of Chinese micro-credit firms stand at 907.6 bln yuan

BEIJING, Oct. 26 (Xinhua) -- Outstanding loans extended by China's micro-credit companies came in at 907.6 billion yuan (about 126.7 billion U.S. dollars) by the end of September, official data showed. In the first three quarters of this year, the …

W/R: MASLOC disburses micro-credit loans to market fire victims

The Microfinance and Small Loans Centre (MASLOC) has disbursed group loans to some 17 groups in the Western Region. The disbursement exercise, which took place on Wednesday, October 25 and Thursday, October 26, in Takoradi and Tarkwa respectively, saw a …

Masloc disburses micro-credit loans to market fire victims, other market women in Western Region

The Micro Finance and Small Loans Centre (MASLOC) has disbursed Group loans to some seventeen groups in the Western Region. The disbursement exercise, which took place on Wednesday and Thursday, in Takoradi and Tarkwa respectively, saw a hundred …

Western Region: MASLOC disburses micro-credit loans to market fire victims

The disbursement exercise, which took place on Wednesday, October 25 and Thursday, October 26, 2022, in Takoradi and Tarkwa respectively, saw 100 beneficiaries in Takoradi and 227 beneficiaries in Tarkwa receive support for their businesses. Speaking on …

Micro-Credit sector’s total assets jump by 146.76%

The Micro-Credit sector has posted massive gains in 2021 with total assets increasing by 146.79 percent year-on-year to GH¢410 million as at the end of December 2021, compared to 36.3 percent growth in 2020. The increase in asset growth was attributed to …

Microcredit, money service firms tightening AML systems amid challenges

Microfinance institutions, remittance services and cambios are reporting success in improving anti-money laundering and counter-financing of terrorism, or AML/CFT, systems amid what are said to be formidable challenges facing the sectors in their …

Access granted! - Small-business operators get microcredit info

Scores of customers of Access Financial Services turned up at the company's Mandeville office recently to get details of the newly implemented regulations that now govern the microcredit sector. It was the first in a series of meetings on the company…

N.E.A.T Microcredit introduces collateral-free SME loans

The fast-growing company, established in 2017, is using this platform to offer its economic growth program to establish and sustain small and micro businesses and improve Nigeria’s economy to build companies that can solve Africa’s poor economic problems. …

Enterprise and dignity, the pillars of a microcredit project in Beirut

Located in one of the neighbourhoods most affected by the 2020 port explosion, the Hope Center seeks above to help young people irrespective of religion or ethnicity. For its CEO, a person's rights start with a home and a job. In a few months, some 40 …

BoJ denounces increase in unauthorised microcredit service providers

The Bank of  Jamaica has denounced the increase in unauthorised persons offering loans and microcredit services across the island.   In a notice, the BOJ said the law requires all parties engaging in microcredit services or business as a microcredit …

West Bengal: Microcredit route for macro empowerment of the poorest

A beneficiary (above) of Bandhan Bank CSR programme — a brainchild of its founder, MD & CEO Chandra Shekhar Ghosh KOLKATA: In 2001, Chandra Shekhar Ghosh started Bandhan-Konnagar with the objective of empowering the underprivileged and creating new …

Lagos Rotary club raises micro-credit facilities to N15m

In fulfillment of its objective of bringing succour to people in its operating environments, Rotary Club of Lagos has announced plans to raise its annual micro-credit interest free loans from N10milion to N15million in the 2022/2023 Rotary Calendar. …

Lagos Rotary Club Raises Micro-credit Facilities to N15m in 2022/23 year

In fulfillment of its objectives of bringing succour to people in its operating environments, the Rotary Club of Lagos has announced plans to raise its annual micro-credit interest-free loans from N10 million to N15 million in the 2022/2023 Rotary …

Mastercard expands its Jaza Duka micro-credit program with Kasha, loans over Ksh 1 billion to African MSMEs.

Mastercard today announced that Kasha, the purpose-driven digital retail and distribution platform has joined Jaza Duka, Mastercard’s micro-credit digital lending platform in Africa. The program, launched in partnership with Unilever and KCB Bank Kenya has …

Forum Global Investments, LP closes deal with Terra Firma Energy Limited

Forum Global Investments, LP closed a secured loan transaction with UK based Energy Infrastructure firm, Terra Firma Energy Limited LONDON, UNITED KINGDOM, November 27, 2022 /⁨EINPresswire.com⁩/ -- Forum Global Investments, LP (independently and …

incMTY 2022, el vehículo económico más importante de América Latina para la inversión en emprendimiento e innovación

Betterfly, considerada el primer unicornio "social" latinoamericano, presentó en incMTY cómo levantó 125 millones de dólares en una ronda de inversión serie C. MONTERREY, NUEVO LEÓN, MéXICO, November 27, 2022 /⁨EINPresswire.com⁩/ -- Este …

Lawn Care Up Offers 100% Electric Lawn Care Services in Sacramento, CA Area

New local business aims to reduce emissions and noise that come from gas-powered lawn care SACRAMENTO, CALIFORNIA, UNITED STATES, November 27, 2022 /⁨EINPresswire.com⁩/ -- A new local lawn care service is promising less air and noise pollution for …

Africa requires $190bn annual investments to achieve energy goals

Africa will require about $190bn worth of investments annually between 2026 and 2030 to meet its energy and climate goals to boost socio-economic prosperity DAKAR, SENEGAL, November 27, 2022 /⁨EINPresswire.com⁩/ -- Africa will require about $ …

Global Industrial Computers Market Is Expected to Generate $8.9 Billion by 2031: Allied Market Research

Portland, OR, Nov. 27, 2022 (GLOBE NEWSWIRE) -- According to the report published by Allied Market Research, the global industrial computers market garnered $4.8 billion in 2021, and is estimated to generate $8.9 billion by 2031, manifesting a CAGR of 6.7% …

Toubani Resources to Commence Trading on ASX

TORONTO, Nov. 27, 2022 (GLOBE NEWSWIRE) -- Toubani Resources, Inc. (ASX: TRE; TSX-V: TRE) (“Toubani Resources” or the “Company”) is pleased to announce that the Company`s securities will commence trading today on the Australian Securities Exchange (“ASX”) …

Home Nurse Inc Now Accepting Applications For SFC Medicaid Program In Atlanta

Home Nurse Inc has announced that its Structured Family Caregiving (SFC) Program is currently open to primary family caregivers in Atlanta. Griffin, Georgia--(Newsfile Corp. - November 26, 2022) - The Griffin-based senior care agency Home Nurse Inc is now …

Flow Imaging Microscopy Market Size 2022, Industry Saturation, Share, Trends, Market Modification, and Expansion & ...

pune, Nov. 27, 2022 (GLOBE NEWSWIRE) -- The Global Flow Imaging Microscopy/ Dynamic Image Analysis Market reach USD 48.61 Million in 2023 and is expected to exhibit a CAGR of 8.34 % over the forecast period 2023 to 2032, according to a recent global …

Siaran Pers dari Lelang Sotheby Concierge

NEW YORK, NEW YORK, UNITED STATES, November 26, 2022 /⁨EINPresswire.com⁩/ -- Sotheby Concierge Auctions (SCA) ingin mengklarifikasi detail mengenai layanan pemasaran kepada kliennya PT. Leadership Islands Indonesia (LII) perusahaan yang memegang …

Road Construction and Maintenance Market: Historic Industry Size and Analysis of 15 Vendors and 7 Countries - Technavio

RENT Deadline Alert: Kessler Topaz Meltzer & Check, LLP Reminds Investors of January 13, 2023 Deadline in Securities ...

Radnor, Pennsylvania--(Newsfile Corp. - November 26, 2022) - The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) informs investors that a securities class action lawsuit has been against Rent the Runway, Inc. ("Rent the Runway") …

Satellite Phone Market Size to Increase by USD 137.43 Million: 33% growth to originate from APAC - Technavio

Aircraft De-Icing Market: Historic Industry Size and Analysis of 15 Vendors and 7 Countries - Technavio

CENTESSA PHARMACEUTICALS 48 HOUR DEADLINE ALERT: FORMER LOUISIANA ATTORNEY GENERAL AND KAHN SWICK & FOTI, LLC REMIND ...

NEW ORLEANS, LA / ACCESSWIRE / November 26, 2022 / Kahn Swick & Foti, LLC ("KSF") and KSF partner, the former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until November 28, 2022 to file …

OLO 48 HOUR DEADLINE ALERT: FORMER LOUISIANA ATTORNEY GENERAL AND KAHN SWICK & FOTI, LLC REMIND INVESTORS WITH LOSSES IN ...

NEW ORLEANS, LA / ACCESSWIRE / November 26, 2022 / Kahn Swick & Foti, LLC ("KSF") and KSF partner, the former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until November 28, 2022 to file …

Private and Public Cloud Market Size in the Financial Services Industry to Increase by USD 90,175.21 Million: 37% Growth ...

Packaging Market Size to Grow by USD 223.96 Billion From 2022 to 2027: A Descriptive Analysis of Customer Landscape, ...

Infopro Learning and Cognota Partner to Offer LearnOps® Platform to Streamline L&D Operational Processes

Infopro Learning announces a partnership with Cognota for learning and development teams. NEW JERSEY, UNITED STATES, November 26, 2022 /⁨EINPresswire.com⁩/ -- Infopro Learning, a world leader in workforce transformation, today announced a …

Ma Fenghui visited the "Pursuing Dreams with a Pure Heart ---- Han Yuchen Oil on Canvas Collection"

BEIJING, Nov. 26, 2022 /PRNewswire/ -- Since its opening at the National Art Museum of China on 29 October, the exhibition "Pursuing Dreams with a Pure Heart - Han Yuchen Oil on Canvas Collection", a specially appointed researcher of the …

OLO Monday Deadline Alert: ROSEN, A Top Ranked Law Firm, Encourages Olo Inc. Investors to Secure Counsel Before ...

New York, New York--(Newsfile Corp. - November 26, 2022) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Olo Inc. OLO between August 11, 2021 and August 11, 2022, both dates inclusive (the "Class …