Expanding Your Microfinance World View
Posted in Featured News on Dec 13th, 2010
By Emma Ujah 13 December 2010 [Vanguardngr] The Nigeria Deposit Insurance Corporation , NDIC, has commenced the compilation of the list of Managing Directors and top management staff of the failed microfinance banks whose licences were recently withdrawn by the Central Bank of Nigeria, CBN, with a view to prosecuting them The licences of 224 [...]
Posted in Featured News on Dec 2nd, 2010
2 December 2010 [PressRelease] In a bid to increase insurance penetration, CIC Insurance has launched M-Bima, an insurance premium payment instrument that rides on mobile money transfer platforms such as M-Pesa. Policy holders with CIC Insurance will now remit as little as KES20 premium payment through their cell phones. CIC has already signed up with [...]
Posted in Featured News on Dec 1st, 2010
1 December 2010 [PressRelease] REGMIFA has disbursed the first loans totalling USD 13.75 million to microfinance institutions in Ghana, Kenya, Senegal and Tanzania. Structured by KfW Entwicklungsbank, the Regional Micro, Small and Medium Enterprises Investment Fund for Subsaharan Africa (REGMIFA), the first of its kind, invests in microfinance institutions that grant loans to microentrepreneurs. The [...]
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