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This page contains news and announcements related to microfinance and microenterprise development. If you have an item to post, please send it to microlinks@microlinks.org. To see our archive of previous news and announcements, click here. To view our subpage with news, events and resources related to the current global financial crisis, click here.
Workshop on Capital Structuring and Equity Raising in Microfinance AnnouncedApplications InvitedDate: February 25-26, 2010Hyberabad, India
Understand the opportunities and challenges involved in capital structuring and equity investments; learn to recognize key factors that drive sound valuation and hone your negotiation skills to garner maximum investment value. The workshop with its interactive design will ensure role-plays, perspectives from investors in the MF space and more. Register now for this 2-day participatory workshop on Capital Raising and Equity Structuring in Microfinance conducted by an experienced faculty comprising of Vineet Rai, Anurag Agarwal, Atreya Rayaprolu, Satish Pai, Sanjib Jha and Narendra Prasad. Learn more online at http://intellecap.com/registration-mfi-workshop2. For queries kindly contact Ms. Rashmi Pillai at 91-22-40359218/222.
Fonkoze in Haiti Satisfies 100% Demand Disbursement for Remittance Transfers and Depositors’ Savings After EarthquakeDate Posted: January 26, 2010
Two weeks after the tragic earthquake that struck Haiti, the country's largest microfinance institution, Fonkoze, has risen to the challenge. About $2 million in cash has been safely transferred to the 34 then-functioning branches throughout Haiti, which has satisfied 100% of demand for remittance transfers and depositors’ savings, essential to helping people start to rebuild. Assistance in this effort was provided by the United States Agency for International Development (USAID), the United Nations, the U.S. Department of State, U.S Department of Treasury, The Inter American Development Bank, Multilateral Investment Fund of the Inter-American Development Bank, the U.S. Department of Defense, and others. Fonkoze anticipates that 38 of their 40 branches will be operational by January 27. Follow Fonkoze's story on their Earthquake News page.
Women’s World Banking Receives Grant to Increase Dramatically Access to Savings for Millions of Poor WorldwideDate Posted: January 15, 2010
Women’s World Banking (WWB), a thirty-year old network of leading microfinance institutions and banks dedicated to the economic empowerment of women, has announced a landmark $8.5 million grant from the Bill & Melinda Gates Foundation. The grant will enable WWB to create over the next ten years innovative savings products and services for nearly seven million low-income people in Latin America, Africa and Asia. WWB will use the foundation grant to support investments at four of its flagship network members in elements that are vital to effective savings mobilization: market research, product design, effective marketing and sales, and innovative service delivery methods. “This signature package of grants represents our first bold effort with the microfinance community to provide poor people safe places to save their money,” said Bob Christen, director of Financial Services for the Poor at the Bill & Melinda Gates Foundation. “We see it as a major step to drive change and help broaden the microfinance business model to include savings.” Read more about this grant.
BRAC's Abed to be Knighted for Work on PovertyDate Posted: January 6, 2010
Founder and Chairperson of BRAC, Fazle Hasan Abed, is to be knighted by Her Majesty Queen Elizabeth II for services in tackling poverty and empowering the poor in Bangladesh and more globally. Abed is to be appointed Knight Commander of the Most Distinguished Order of St. Michael and St. George (KCMG) for his work spanning four decades in education, health, human rights and social development and for bringing financial services to the doorstep of millions of the poor in an effort to eradicate poverty in Bangladesh and countries in Asia and Africa.
Documents
Provision of Health Services to Microfinance Clients
   Health Services to MF Clients-Results and Call for Survey Participation.pdf     Publication Date   08/2009      
Workshop on Capital Structuring and Equity Raising in Microfinance Announced
Applications Invited
Date: February 25-26, 2010
Understand the opportunities and challenges involved in capital structuring and equity investments; learn to recognize key factors that drive sound valuation and hone your negotiation skills to garner maximum investment value. The workshop with its interactive design will ensure role-plays, perspectives from investors in the MF space and more.
Register now for this 2-day participatory workshop on Capital Raising and Equity Structuring in Microfinance conducted by an experienced faculty comprising of Vineet Rai, Anurag Agarwal, Atreya Rayaprolu, Satish Pai, Sanjib Jha and Narendra Prasad.
Learn more online at http://intellecap.com/registration-mfi-workshop2. For queries kindly contact Ms. Rashmi Pillai at 91-22-40359218/222.
Fonkoze in Haiti Satisfies 100% Demand Disbursement for Remittance Transfers and Depositors’ Savings After EarthquakeDate Posted: January 26, 2010
Two weeks after the tragic earthquake that struck Haiti, the country's largest microfinance institution, Fonkoze, has risen to the challenge. About $2 million in cash has been safely transferred to the 34 then-functioning branches throughout Haiti, which has satisfied 100% of demand for remittance transfers and depositors’ savings, essential to helping people start to rebuild. Assistance in this effort was provided by the United States Agency for International Development (USAID), the United Nations, the U.S. Department of State, U.S Department of Treasury, The Inter American Development Bank, Multilateral Investment Fund of the Inter-American Development Bank, the U.S. Department of Defense, and others. Fonkoze anticipates that 38 of their 40 branches will be operational by January 27. Follow Fonkoze's story on their Earthquake News page.
Women’s World Banking Receives Grant to Increase Dramatically Access to Savings for Millions of Poor WorldwideDate Posted: January 15, 2010
Women’s World Banking (WWB), a thirty-year old network of leading microfinance institutions and banks dedicated to the economic empowerment of women, has announced a landmark $8.5 million grant from the Bill & Melinda Gates Foundation. The grant will enable WWB to create over the next ten years innovative savings products and services for nearly seven million low-income people in Latin America, Africa and Asia. WWB will use the foundation grant to support investments at four of its flagship network members in elements that are vital to effective savings mobilization: market research, product design, effective marketing and sales, and innovative service delivery methods. “This signature package of grants represents our first bold effort with the microfinance community to provide poor people safe places to save their money,” said Bob Christen, director of Financial Services for the Poor at the Bill & Melinda Gates Foundation. “We see it as a major step to drive change and help broaden the microfinance business model to include savings.” Read more about this grant.
BRAC's Abed to be Knighted for Work on PovertyDate Posted: January 6, 2010
Founder and Chairperson of BRAC, Fazle Hasan Abed, is to be knighted by Her Majesty Queen Elizabeth II for services in tackling poverty and empowering the poor in Bangladesh and more globally. Abed is to be appointed Knight Commander of the Most Distinguished Order of St. Michael and St. George (KCMG) for his work spanning four decades in education, health, human rights and social development and for bringing financial services to the doorstep of millions of the poor in an effort to eradicate poverty in Bangladesh and countries in Asia and Africa.
Fonkoze in Haiti Satisfies 100% Demand Disbursement for Remittance Transfers and Depositors’ Savings After Earthquake
Date Posted: January 26, 2010
Two weeks after the tragic earthquake that struck Haiti, the country's largest microfinance institution, Fonkoze, has risen to the challenge. About $2 million in cash has been safely transferred to the 34 then-functioning branches throughout Haiti, which has satisfied 100% of demand for remittance transfers and depositors’ savings, essential to helping people start to rebuild. Assistance in this effort was provided by the United States Agency for International Development (USAID), the United Nations, the U.S. Department of State, U.S Department of Treasury, The Inter American Development Bank, Multilateral Investment Fund of the Inter-American Development Bank, the U.S. Department of Defense, and others. Fonkoze anticipates that 38 of their 40 branches will be operational by January 27. Follow Fonkoze's story on their Earthquake News page.
Women’s World Banking Receives Grant to Increase Dramatically Access to Savings for Millions of Poor WorldwideDate Posted: January 15, 2010
Women’s World Banking (WWB), a thirty-year old network of leading microfinance institutions and banks dedicated to the economic empowerment of women, has announced a landmark $8.5 million grant from the Bill & Melinda Gates Foundation. The grant will enable WWB to create over the next ten years innovative savings products and services for nearly seven million low-income people in Latin America, Africa and Asia. WWB will use the foundation grant to support investments at four of its flagship network members in elements that are vital to effective savings mobilization: market research, product design, effective marketing and sales, and innovative service delivery methods. “This signature package of grants represents our first bold effort with the microfinance community to provide poor people safe places to save their money,” said Bob Christen, director of Financial Services for the Poor at the Bill & Melinda Gates Foundation. “We see it as a major step to drive change and help broaden the microfinance business model to include savings.” Read more about this grant.
BRAC's Abed to be Knighted for Work on PovertyDate Posted: January 6, 2010
Founder and Chairperson of BRAC, Fazle Hasan Abed, is to be knighted by Her Majesty Queen Elizabeth II for services in tackling poverty and empowering the poor in Bangladesh and more globally. Abed is to be appointed Knight Commander of the Most Distinguished Order of St. Michael and St. George (KCMG) for his work spanning four decades in education, health, human rights and social development and for bringing financial services to the doorstep of millions of the poor in an effort to eradicate poverty in Bangladesh and countries in Asia and Africa.
Women’s World Banking Receives Grant to Increase Dramatically Access to Savings for Millions of Poor Worldwide
Date Posted: January 15, 2010
Women’s World Banking (WWB), a thirty-year old network of leading microfinance institutions and banks dedicated to the economic empowerment of women, has announced a landmark $8.5 million grant from the Bill & Melinda Gates Foundation. The grant will enable WWB to create over the next ten years innovative savings products and services for nearly seven million low-income people in Latin America, Africa and Asia. WWB will use the foundation grant to support investments at four of its flagship network members in elements that are vital to effective savings mobilization: market research, product design, effective marketing and sales, and innovative service delivery methods. “This signature package of grants represents our first bold effort with the microfinance community to provide poor people safe places to save their money,” said Bob Christen, director of Financial Services for the Poor at the Bill & Melinda Gates Foundation. “We see it as a major step to drive change and help broaden the microfinance business model to include savings.” Read more about this grant.
BRAC's Abed to be Knighted for Work on PovertyDate Posted: January 6, 2010
Founder and Chairperson of BRAC, Fazle Hasan Abed, is to be knighted by Her Majesty Queen Elizabeth II for services in tackling poverty and empowering the poor in Bangladesh and more globally. Abed is to be appointed Knight Commander of the Most Distinguished Order of St. Michael and St. George (KCMG) for his work spanning four decades in education, health, human rights and social development and for bringing financial services to the doorstep of millions of the poor in an effort to eradicate poverty in Bangladesh and countries in Asia and Africa.
BRAC's Abed to be Knighted for Work on Poverty
Date Posted: January 6, 2010
Founder and Chairperson of BRAC, Fazle Hasan Abed, is to be knighted by Her Majesty Queen Elizabeth II for services in tackling poverty and empowering the poor in Bangladesh and more globally. Abed is to be appointed Knight Commander of the Most Distinguished Order of St. Michael and St. George (KCMG) for his work spanning four decades in education, health, human rights and social development and for bringing financial services to the doorstep of millions of the poor in an effort to eradicate poverty in Bangladesh and countries in Asia and Africa.
Documents

