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Featured
Posted on February 9, 2010

CGAP: Haiti’s Path to Recovery…

CGAP: On January 12, 2010, a catastrophic 7.0 magnitude earthquake struck Haiti, causing immense destruction in the densely populated capital of Port-au-Prince and nearby areas. This natural disaster killed over 200,000 people and uprooted the lives of millions, bringing unspeakable personal losses to the population of an already poor country.

Three weeks after the earthquake, some of Haiti’s largest MFIs including Fonkoze, Sogesol and ACME had accounted for  staff, but were still searching for many of their clients. MFI staff lost relatives and friends, taking a heavy emotional toll. Large and small microfinance operations faced serious physical destruction. Fonkoze’s headquarters and six of its branches were damaged beyond repair. One hundred and forty-five Fonkoze employees lost their homes, and another 121 have homes in need of repairs. Though the task ahead is daunting, MFIs are committed to staying the course and helping clients rebuild their lives. International microfinance organizations have begun fundraising campaigns to support their Haitian partners.

Read More…

State Of Global Microfinance
February 2, 2010
Kenya: Still reeling from the effects of post-election violence, drought
February 2, 2010
ACCION gets green light in Brazil…
January 25, 2010
Dean of Wharton on Microfinance, M. Yunus…
January 25, 2010
Grameen Foundation Releases New Version of Mifos
January 20, 2010
Microfinance Could Be Hazardous For Teens…
January 20, 2010
India: Investors happy as microfinance lenders discipline growth…
January 13, 2010
From Mobile Healthcare to Payments to Microfinance, SMS Remains ‘Tip of the Spear’…
January 12, 2010
Indian Microfinance Sector Demand Exceeds Current Fundraising…
January 7, 2010
Microfinance meltdown in Bosnia…
January 4, 2010
Microfinance investments make 2009 a watershed year…
December 30, 2009
New York Times: The Role of Microfinance
December 30, 2009
India: SKS Microfinance ties up with State Bank of India…
December 22, 2009
MIX Market Partners with The MasterCard Foundation for Re-Launch…
December 22, 2009
India: Microfinance lenders to stop multiple loans…
December 22, 2009
Grameen: Using Technology to Advance the Fight against Global Poverty
December 17, 2009
WSJ: Microfinance’s Financial and Social Objectives
December 16, 2009
WSJ: As Microfinance Grows in India, So Do Its Rivals
December 16, 2009
Pakistan State Bank: Microfinance role ‘vital’…
December 14, 2009
« Older Entries
MiFi Editorials

Dvelo.org(Beta) launches invite-only version of their site

Dvelo.org, a new online peer-to-peer style lending platform, has launched the invite-only, beta version of their interactive website.
Dvelo.org allows users to get a substantial return on their loans and the website’s feel is akin to a ‘facebook of lending’ and investment. The much anticipated system’s initial feedback has been quite positive, and the design and [...]

MiFi Editorials

Recycle to Eradicate Poverty

The MiFi Report is excited to present you with a program that celebrates the last two Nobel Peace Prize concepts: environment and microfinance. Electronic waste like cell phones pollute the environment (up to 35,000 gallons of water per phone) and microfinance has been proven to be an effective poverty alleviation tool.  In response to these issues and as a [...]

MiFi Editorials

2009: The Year that 2008 Catches Up to Microfinance?…

Source: http://www.mykro.org/2009-the-year-that-2008-catches-up-to-microfinance/2009/02/
Just about every week, someone will write a piece on microfinance and the effects the worldwide credit crisis will have on the sector. Most journalists and experts alike are optimistic that microfinance will weather the storm and could even be “the answer” to the international investment predicament we are slipping further and further into [...]

MiFi Editorials

FAQs on Microfinance

This interview was undertaken in Cape Town, South Africa between the co-founders of The MiFi Report.
Nick: Could you describe Microfinance in one sentence?
James: Microfinance is the practice of providing the financial tools that you and I take for granted every day, such as credit, savings, insurance, etc., to those affected by extreme poverty.
Nick: Can you describe the tools you referred to for providing [...]

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