Microfinance Horizon

2 December 2010 [Philstar] MANILA, Philippines – The Philippines, along with India and Indonesia, offer the biggest opportunities for the fledgling microinsurance industry, which has a potential market of three billion people, a Reuters report said. Microinsurance offers coverage for people with low income with products such as life insurance, and is branching into areas [...]

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1 December 2010 [ADB] MANILA, PHILIPPINES – Northern regions of the Lao People’s Democratic Republic (PDR) will receive Asian Development Bank (ADB) assistance for agriculture infrastructure upgrades that will boost incomes and opportunities for poor, rural communities. ADB’s Board of Directors approved a grant of $23 million for the Northern Rural Infrastructure Development Sector Project. [...]

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30 November 2010 [Malaya] Citibank Philippines and the Citi Foundation, in partnership with the Bangko Sentral ng Pilipinas (BSP) and the Microfinance Council of the Philippines, Inc. (MCPI), recognized 11 outstanding Filipino microentrepreneurs during the 2010 Citi Microentrepreneur of the Year Awards held at the Metropolitan Museum of Manila last November 17, 2010. Now on [...]

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By Daxim Lucas 28 November 2010 [PhilippineDailyInquirer] MANILA, Philippines – Eleven years after bringing the concept of microfinance to the mainstream, the pet project of former Bangko Sentral ng Pilipinas Governor Rafael “Paeng” B. Buenaventura has taken root in the local banking industry. Microfinance today is a multibillion-peso industry that is helping improve the lives [...]

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