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<channel>
	<title>The MiFi Report &#187; microfinance banks</title>
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	<link>http://www.mifireport.com</link>
	<description>The world&#039;s most read microfinance news site</description>
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			<item>
		<title>Pakistan: SBP allows microfinance banks to raise foreign currency loans from international donor agencies&#8230;</title>
		<link>http://www.mifireport.com/2009/11/state-bank-of-pakistan-allows-microfinance-banks-to-borrow-from-abroad/</link>
		<comments>http://www.mifireport.com/2009/11/state-bank-of-pakistan-allows-microfinance-banks-to-borrow-from-abroad/#comments</comments>
		<pubDate>Thu, 26 Nov 2009 07:28:15 +0000</pubDate>
		<dc:creator>boris</dc:creator>
				<category><![CDATA[Archives]]></category>
		<category><![CDATA[international donor agencies]]></category>
		<category><![CDATA[loan]]></category>
		<category><![CDATA[microfinance banks]]></category>
		<category><![CDATA[State Bank of Pakistan]]></category>

		<guid isPermaLink="false">http://www.mifireport.com/?p=4397</guid>
		<description><![CDATA[Liquidity-starved microfinance banks and institutions can now raise foreign currency-denominated loans from international donor agencies, the State Bank of Pakistan (SBP) said on Wednesday.
The purpose of the loan, which can also come from commercial financial institutions, should only be to finance loan portfolio of microfinance banks and borrowing can be raised in US dollar, euro, [...]]]></description>
		<wfw:commentRss>http://www.mifireport.com/2009/11/state-bank-of-pakistan-allows-microfinance-banks-to-borrow-from-abroad/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Nigeria: Microfinance banks threatened by calls for increase in capital base&#8230;</title>
		<link>http://www.mifireport.com/2009/10/nigeria-microfinance-banks-threatened-by-calls-for-increase-in-capital-base/</link>
		<comments>http://www.mifireport.com/2009/10/nigeria-microfinance-banks-threatened-by-calls-for-increase-in-capital-base/#comments</comments>
		<pubDate>Thu, 01 Oct 2009 08:36:14 +0000</pubDate>
		<dc:creator>boris</dc:creator>
				<category><![CDATA[Archives]]></category>
		<category><![CDATA[banking industry]]></category>
		<category><![CDATA[capital base]]></category>
		<category><![CDATA[microfinance banks]]></category>
		<category><![CDATA[nigeria]]></category>

		<guid isPermaLink="false">http://www.mifireport.com/?p=3742</guid>
		<description><![CDATA[The banking industry may face another liquidity strain if microfinance banks are to implement the Central Bank’s proposal to shore up their capital Base.
“That would be very difficult, especially for now because of what is happening in the financial industry,” said Francis Akpudi, managing director, Solace Microfinance Bank, Warri, Delta State.
“Already, we are finding it [...]]]></description>
		<wfw:commentRss>http://www.mifireport.com/2009/10/nigeria-microfinance-banks-threatened-by-calls-for-increase-in-capital-base/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Central Bank of Nigeria warns microfinance banks against false rendition of returns&#8230;</title>
		<link>http://www.mifireport.com/2009/09/central-bank-of-nigeria-warns-microfinance-banks-against-false-rendition-of-returns/</link>
		<comments>http://www.mifireport.com/2009/09/central-bank-of-nigeria-warns-microfinance-banks-against-false-rendition-of-returns/#comments</comments>
		<pubDate>Wed, 30 Sep 2009 09:02:55 +0000</pubDate>
		<dc:creator>boris</dc:creator>
				<category><![CDATA[Archives]]></category>
		<category><![CDATA[central bank of nigeria]]></category>
		<category><![CDATA[microfinance banks]]></category>
		<category><![CDATA[monthly returns]]></category>

		<guid isPermaLink="false">http://www.mifireport.com/?p=3719</guid>
		<description><![CDATA[The Central Bank of Nigeria (CBN) has warned micro- finance banks (MFBs) to stop falsifying monthly returns.
Other Financial Institutions Department (OFID) Director, Mr. Femi Fabamwo,  said in Lagos “Since  the   inception of the   micro-finance   policy   in   2007,   there   have   been challenges in rendition of returns. These challenges include late or non rendition of returns, incomplete [...]]]></description>
		<wfw:commentRss>http://www.mifireport.com/2009/09/central-bank-of-nigeria-warns-microfinance-banks-against-false-rendition-of-returns/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Investigation on microfinance banks and loan&#8230;</title>
		<link>http://www.mifireport.com/2009/09/investigation-on-microfinance-banks-and-loan/</link>
		<comments>http://www.mifireport.com/2009/09/investigation-on-microfinance-banks-and-loan/#comments</comments>
		<pubDate>Wed, 23 Sep 2009 07:44:52 +0000</pubDate>
		<dc:creator>boris</dc:creator>
				<category><![CDATA[Archives]]></category>
		<category><![CDATA[cbn]]></category>
		<category><![CDATA[loan default]]></category>
		<category><![CDATA[microfinance banks]]></category>
		<category><![CDATA[The Guardian Investigation]]></category>

		<guid isPermaLink="false">http://www.mifireport.com/?p=3652</guid>
		<description><![CDATA[ High interest charged by the microfinance banks has been discovered to be the reason behind the alarming default. A microfinance loan is a facility granted by a microfinance bank to an individual or a group of borrowers, whose principal source of income is derived from business activities involving the production or sale of goods [...]]]></description>
		<wfw:commentRss>http://www.mifireport.com/2009/09/investigation-on-microfinance-banks-and-loan/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>The State Bank of Pakistan amends the Prudential Regulations for MFBs&#8230;</title>
		<link>http://www.mifireport.com/2009/08/the-state-bank-of-pakistan-amends-the-prudential-regulations-for-mfbs/</link>
		<comments>http://www.mifireport.com/2009/08/the-state-bank-of-pakistan-amends-the-prudential-regulations-for-mfbs/#comments</comments>
		<pubDate>Fri, 28 Aug 2009 08:21:23 +0000</pubDate>
		<dc:creator>boris</dc:creator>
				<category><![CDATA[Archives]]></category>
		<category><![CDATA[microfinance banks]]></category>
		<category><![CDATA[Prudential Regulations]]></category>
		<category><![CDATA[State Bank of Pakistan]]></category>

		<guid isPermaLink="false">http://www.mifireport.com/?p=3431</guid>
		<description><![CDATA[The State Bank of Pakistan has amended the Prudential Regulations for Microfinance Bank (MFBs) which will allow MFBs to extend value added microfinance services to its clientele.
These revisions are intended to remove the regulatory bottlenecks, which were pointed out by the industry in interactions with SBP recently.
Following these amendments, MFBs can now extend micro loans [...]]]></description>
		<wfw:commentRss>http://www.mifireport.com/2009/08/the-state-bank-of-pakistan-amends-the-prudential-regulations-for-mfbs/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Central Bank of Nigeria to improve Corporate governance in microfinance banks&#8230;</title>
		<link>http://www.mifireport.com/2009/08/central-bank-of-nigeria-to-improve-corporate-governance-in-microfinance-banks/</link>
		<comments>http://www.mifireport.com/2009/08/central-bank-of-nigeria-to-improve-corporate-governance-in-microfinance-banks/#comments</comments>
		<pubDate>Fri, 14 Aug 2009 09:22:05 +0000</pubDate>
		<dc:creator>boris</dc:creator>
				<category><![CDATA[Archives]]></category>
		<category><![CDATA[central bank of nigeria]]></category>
		<category><![CDATA[corporate governance]]></category>
		<category><![CDATA[microfinance banks]]></category>

		<guid isPermaLink="false">http://www.mifireport.com/?p=3314</guid>
		<description><![CDATA[Managing Director of Lagos-based Imperial Microfinance Bank, Mr. Ejike Azubuike, has called for broad based-boards of directors as panacea to the problem of poor corporate governance in microfinance banks, MFB.
He said “Corporate governance in microfinance banks can be improved on by the CBN ensuring that the board of every microfinance bank is broad-based.
“This is can [...]]]></description>
		<wfw:commentRss>http://www.mifireport.com/2009/08/central-bank-of-nigeria-to-improve-corporate-governance-in-microfinance-banks/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>The Central Bank of Nigeria will deal with microfinance banks that have failed to submit their monthly returns&#8230;</title>
		<link>http://www.mifireport.com/2009/08/the-central-bank-of-nigeria-will-deal-with-microfinance-banks-that-have-failed-to-submit-their-monthly-returns/</link>
		<comments>http://www.mifireport.com/2009/08/the-central-bank-of-nigeria-will-deal-with-microfinance-banks-that-have-failed-to-submit-their-monthly-returns/#comments</comments>
		<pubDate>Wed, 05 Aug 2009 07:59:31 +0000</pubDate>
		<dc:creator>boris</dc:creator>
				<category><![CDATA[Featured]]></category>
		<category><![CDATA[central bank of nigeria]]></category>
		<category><![CDATA[Lagos]]></category>
		<category><![CDATA[microfinance banks]]></category>

		<guid isPermaLink="false">http://www.mifireport.com/?p=3213</guid>
		<description><![CDATA[THE Central Bank of Nigeria (CBN) says it will now sanction microfinance banks that have failed to submit their monthly returns, as and when due.
 The Acting Director, Other Financial Institutions Department (OFID) at the apex bank, Mr. Olufemi Fabamwo disclosed this to the News Agency of Nigeria (NAN) on Monday in Lagos.
Fabamwo said that [...]]]></description>
		<wfw:commentRss>http://www.mifireport.com/2009/08/the-central-bank-of-nigeria-will-deal-with-microfinance-banks-that-have-failed-to-submit-their-monthly-returns/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Nigerian Central Bank warns of increase in non-performing microfinance loans, poor corporate governance and commits to impose sanctions on errant officials at microfinance banks&#8230;</title>
		<link>http://www.mifireport.com/2009/07/nigerian-central-bank-warns-of-increase-in-non-performing-microfinance-loans-poor-corporate-governance-and-commits-to-impose-sanctions-on-errant-officials-at-microfinance-banks/</link>
		<comments>http://www.mifireport.com/2009/07/nigerian-central-bank-warns-of-increase-in-non-performing-microfinance-loans-poor-corporate-governance-and-commits-to-impose-sanctions-on-errant-officials-at-microfinance-banks/#comments</comments>
		<pubDate>Tue, 28 Jul 2009 09:47:59 +0000</pubDate>
		<dc:creator>boris</dc:creator>
				<category><![CDATA[Archives]]></category>
		<category><![CDATA[microfinance banks]]></category>
		<category><![CDATA[Nigerian Central Bank]]></category>
		<category><![CDATA[non-performing microfinance loans]]></category>

		<guid isPermaLink="false">http://www.mifireport.com/?p=3064</guid>
		<description><![CDATA[microcapital.org posted:
In a recent report on the Nigerian news portal, Business Day Online [1], entitled ‘CBN to sanction erring directors of microfinance, mortgage banks’ [2], it was reported by Hope Moses-Ashike that the Central Bank of Nigeria (CBN) [3] has threatened to dismiss and prosecute senior officers and operators at microfinance institutions and primary mortgage [...]]]></description>
		<wfw:commentRss>http://www.mifireport.com/2009/07/nigerian-central-bank-warns-of-increase-in-non-performing-microfinance-loans-poor-corporate-governance-and-commits-to-impose-sanctions-on-errant-officials-at-microfinance-banks/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>MFBs hopeful on positive signs for profits in second half year&#8230;</title>
		<link>http://www.mifireport.com/2009/07/mfbs-hopeful-on-positive-signs-for-profits-in-second-half-year/</link>
		<comments>http://www.mifireport.com/2009/07/mfbs-hopeful-on-positive-signs-for-profits-in-second-half-year/#comments</comments>
		<pubDate>Mon, 06 Jul 2009 09:34:27 +0000</pubDate>
		<dc:creator>boris</dc:creator>
				<category><![CDATA[Archives]]></category>
		<category><![CDATA[financial crisis]]></category>
		<category><![CDATA[microfinance bank operators]]></category>
		<category><![CDATA[microfinance banks]]></category>

		<guid isPermaLink="false">http://www.mifireport.com/?p=2819</guid>
		<description><![CDATA[BUSINESSDAY
Microfinance   bank operators have admitted that the effect of global financial crises in the first half year was an eye opener to them assuring that they were now ready to take the bull by the horn in terms of mobilising more funds as strategy to economic recovery in the next half year.
To this effect, not [...]]]></description>
		<wfw:commentRss>http://www.mifireport.com/2009/07/mfbs-hopeful-on-positive-signs-for-profits-in-second-half-year/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Abia releases N4b to MSMEs&#8217; operators&#8230;</title>
		<link>http://www.mifireport.com/2009/07/abia-releases-n4b-to-msmes-operators/</link>
		<comments>http://www.mifireport.com/2009/07/abia-releases-n4b-to-msmes-operators/#comments</comments>
		<pubDate>Fri, 03 Jul 2009 08:52:35 +0000</pubDate>
		<dc:creator>boris</dc:creator>
				<category><![CDATA[Archives]]></category>
		<category><![CDATA[economic growth]]></category>
		<category><![CDATA[microfinance banks]]></category>
		<category><![CDATA[Small and Medium Entreprises]]></category>

		<guid isPermaLink="false">http://www.mifireport.com/?p=2792</guid>
		<description><![CDATA[Abia State government
Abia State government has released N 4 billion to operators of Micro, Small and Medium Enterprises (MSMEs), under the Central Bank of Nigeria (CBN) Trust Model and Agricultural Credit Guarantee Scheme (ACGS).
The programme would be executed in collaboration with Guaranty Trust Bank Plc, Spring Bank, Fin Bank and Wider Perspectives Limited (a consultancy [...]]]></description>
		<wfw:commentRss>http://www.mifireport.com/2009/07/abia-releases-n4b-to-msmes-operators/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>$8.4m grants to six MFBs Stir the Sub-Sector&#8230;</title>
		<link>http://www.mifireport.com/2009/07/8-4m-grants-to-six-mfbs-stir-the-sub-sector/</link>
		<comments>http://www.mifireport.com/2009/07/8-4m-grants-to-six-mfbs-stir-the-sub-sector/#comments</comments>
		<pubDate>Thu, 02 Jul 2009 10:20:59 +0000</pubDate>
		<dc:creator>boris</dc:creator>
				<category><![CDATA[Archives]]></category>
		<category><![CDATA[cheap cost]]></category>
		<category><![CDATA[cheap funds]]></category>
		<category><![CDATA[microfinance banks]]></category>

		<guid isPermaLink="false">http://www.mifireport.com/?p=2771</guid>
		<description><![CDATA[The World Bank and Federal Government
The World Bank and Federal Government last month approved the sum of $8.4 million grants to six Microfinance Banks (MFBs) out of over 800 operating in the country.
With the dearth of funds staring Micro Finance operators in the faces, the grants will no doubt serve as major relief, expected to [...]]]></description>
		<wfw:commentRss>http://www.mifireport.com/2009/07/8-4m-grants-to-six-mfbs-stir-the-sub-sector/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Nigeria: Microfinance Banks Critical to Poverty Eradication By 2020&#8230;</title>
		<link>http://www.mifireport.com/2009/07/nigeria-microfinance-banks-critical-to-poverty-eradication-by-2020/</link>
		<comments>http://www.mifireport.com/2009/07/nigeria-microfinance-banks-critical-to-poverty-eradication-by-2020/#comments</comments>
		<pubDate>Thu, 02 Jul 2009 08:23:02 +0000</pubDate>
		<dc:creator>boris</dc:creator>
				<category><![CDATA[Archives]]></category>
		<category><![CDATA[microfinance banks]]></category>
		<category><![CDATA[microfinance policy]]></category>
		<category><![CDATA[rural transformation]]></category>

		<guid isPermaLink="false">http://www.mifireport.com/?p=2759</guid>
		<description><![CDATA[Vanguard
Microfinance banks have been identified as a critical factor to achieving the nation&#8217;s goal of poverty eradication by year 2020.&#124;
This was disclosed by the Managing Director of Bank of Industry (BoI) Microfinance Bank, Mr. Kevin Iyamu, who affirmed that the sector is capable of covering majority of the active poor by year 2020, thereby, creating [...]]]></description>
		<wfw:commentRss>http://www.mifireport.com/2009/07/nigeria-microfinance-banks-critical-to-poverty-eradication-by-2020/feed/</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>Inter-bank market for MFBs: how effective?&#8230;</title>
		<link>http://www.mifireport.com/2009/04/inter-bank-market-for-mfbs-how-effective/</link>
		<comments>http://www.mifireport.com/2009/04/inter-bank-market-for-mfbs-how-effective/#comments</comments>
		<pubDate>Mon, 20 Apr 2009 08:43:28 +0000</pubDate>
		<dc:creator>Gavin</dc:creator>
				<category><![CDATA[Featured]]></category>
		<category><![CDATA[business]]></category>
		<category><![CDATA[inter-bank]]></category>
		<category><![CDATA[mfbs]]></category>
		<category><![CDATA[microfinance]]></category>
		<category><![CDATA[microfinance banks]]></category>
		<category><![CDATA[money]]></category>

		<guid isPermaLink="false">http://www.mifireport.com/?p=1815</guid>
		<description><![CDATA[Business Day
The idea of an inter- bank market for   microfinance  banks is no doubt an interesting one. For starters, such a platform will provide an opportunity for increased mobility of funds among microfinance banking operators, thereby reducing the cost of funding and improving the net interest margin by providing these micro-credit banks [...]]]></description>
		<wfw:commentRss>http://www.mifireport.com/2009/04/inter-bank-market-for-mfbs-how-effective/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Yunus briefs Hillary about Grameen healthcare plans&#8230;</title>
		<link>http://www.mifireport.com/2009/04/yunus-briefs-hillary-about-grameen-healthcare-plans/</link>
		<comments>http://www.mifireport.com/2009/04/yunus-briefs-hillary-about-grameen-healthcare-plans/#comments</comments>
		<pubDate>Fri, 17 Apr 2009 08:41:46 +0000</pubDate>
		<dc:creator>Gavin</dc:creator>
				<category><![CDATA[Archives]]></category>
		<category><![CDATA[development]]></category>
		<category><![CDATA[grameen bank]]></category>
		<category><![CDATA[healthcare]]></category>
		<category><![CDATA[microfinance banks]]></category>

		<guid isPermaLink="false">http://www.mifireport.com/?p=1787</guid>
		<description><![CDATA[The Daily Star
US Secretary of State Hillary Clinton yesterday received Prof Muhammad Yunus and the Grameen Healthcare delegation to the World Healthcare Congress at her office.
During a 90 minute meeting with the 14-member Grameen delegation, Prof Yunus briefed the secretary about Grameen&#8217;s healthcare plans and social business initiatives.
Secretary Clinton, who visited Grameen Bank in 1995, [...]]]></description>
		<wfw:commentRss>http://www.mifireport.com/2009/04/yunus-briefs-hillary-about-grameen-healthcare-plans/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>How cost of funds affects interest rates in microfinance banks&#8230;</title>
		<link>http://www.mifireport.com/2009/03/how-cost-of-funds-affects-interest-rates-in-microfinance-banks/</link>
		<comments>http://www.mifireport.com/2009/03/how-cost-of-funds-affects-interest-rates-in-microfinance-banks/#comments</comments>
		<pubDate>Mon, 23 Mar 2009 08:40:27 +0000</pubDate>
		<dc:creator>Gavin</dc:creator>
				<category><![CDATA[Featured]]></category>
		<category><![CDATA[funds]]></category>
		<category><![CDATA[interest rates]]></category>
		<category><![CDATA[mfbs]]></category>
		<category><![CDATA[microfinance banks]]></category>

		<guid isPermaLink="false">http://www.mifireport.com/?p=1496</guid>
		<description><![CDATA[Business Day
High interest rate has been a major contention in MFBs, Lanre Bamkole, managing director, Lifegate Microfinance Bank Limited, in this interview with HOPE MOSES-ASHIKE discloses that more funds can bring down interest rates and loan tenure extension.
Interest rate Our interest rates are currently five to six  percent per month, depending on the particular product. [...]]]></description>
		<wfw:commentRss>http://www.mifireport.com/2009/03/how-cost-of-funds-affects-interest-rates-in-microfinance-banks/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Farmers: We can feed the nation if&#8230;</title>
		<link>http://www.mifireport.com/2009/03/farmers-we-can-feed-the-nation-if/</link>
		<comments>http://www.mifireport.com/2009/03/farmers-we-can-feed-the-nation-if/#comments</comments>
		<pubDate>Tue, 17 Mar 2009 08:49:23 +0000</pubDate>
		<dc:creator>Gavin</dc:creator>
				<category><![CDATA[Archives]]></category>
		<category><![CDATA[farmers]]></category>
		<category><![CDATA[kaduna]]></category>
		<category><![CDATA[microfinance]]></category>
		<category><![CDATA[microfinance banks]]></category>
		<category><![CDATA[nigeria]]></category>

		<guid isPermaLink="false">http://www.mifireport.com/?p=1403</guid>
		<description><![CDATA[NEXT
Farmers in Nigeria are optimistic that with government&#8217;s assistance they will be able to solve the persisting food shortage in the country.
&#8220;If given the right equipment, facilities and financial assistance to carry out our farming operation we can feed the country and even provide more for export,&#8221; said Zubairu Abudlahi, a commercial yam and cereals [...]]]></description>
		<wfw:commentRss>http://www.mifireport.com/2009/03/farmers-we-can-feed-the-nation-if/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>MICROCAPITAL STORY: Nigerian Microfinance Banks Struggle to Meet their Expected Goals&#8230;</title>
		<link>http://www.mifireport.com/2009/03/microcapital-story-nigerian-microfinance-banks-struggle-to-meet-their-expected-goals/</link>
		<comments>http://www.mifireport.com/2009/03/microcapital-story-nigerian-microfinance-banks-struggle-to-meet-their-expected-goals/#comments</comments>
		<pubDate>Mon, 09 Mar 2009 08:09:29 +0000</pubDate>
		<dc:creator>Gavin</dc:creator>
				<category><![CDATA[Archives]]></category>
		<category><![CDATA[cbn]]></category>
		<category><![CDATA[microfinance banks]]></category>
		<category><![CDATA[nigeria]]></category>
		<category><![CDATA[olive microfinance bank]]></category>

		<guid isPermaLink="false">http://www.mifireport.com/?p=1248</guid>
		<description><![CDATA[Microcapital
The Nigerian microfinance sector is facing a setback in the wake of several issues plaguing the country’s microfinance institutions (MFIs), according to a press release on the Nigerian weekly NEXT.
NEXT is a publication of Timbuktu Media, a media and information company based in Lagos,  Nigeria, and founded by Dele Olojede, Africa’s first winner of [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Trouble in the halls of microfinance banks&#8230;</title>
		<link>http://www.mifireport.com/2009/03/trouble-in-the-halls-of-microfinance-banks/</link>
		<comments>http://www.mifireport.com/2009/03/trouble-in-the-halls-of-microfinance-banks/#comments</comments>
		<pubDate>Tue, 03 Mar 2009 08:12:07 +0000</pubDate>
		<dc:creator>Gavin</dc:creator>
				<category><![CDATA[Featured]]></category>
		<category><![CDATA[cbn]]></category>
		<category><![CDATA[central bank of nigeria]]></category>
		<category><![CDATA[microfinance banks]]></category>
		<category><![CDATA[poor]]></category>

		<guid isPermaLink="false">http://www.mifireport.com/?p=1145</guid>
		<description><![CDATA[Next.com
With more than half of the adult population unable to access retail banking services, the introduction of microfinance banking by the Central Bank of Nigeria (CBN) was welcomed by Nigeria&#8217;s development partners and the general populace.
Microfinance is the provision of credit and other financial services to people in lower income groups, with one of its [...]]]></description>
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		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Bridging poverty divide using microfinance banks&#8230;</title>
		<link>http://www.mifireport.com/2009/02/bridging-poverty-divide-using-microfinance-banks/</link>
		<comments>http://www.mifireport.com/2009/02/bridging-poverty-divide-using-microfinance-banks/#comments</comments>
		<pubDate>Mon, 16 Feb 2009 08:19:36 +0000</pubDate>
		<dc:creator>Gavin</dc:creator>
				<category><![CDATA[Archives]]></category>
		<category><![CDATA[microfinance banks]]></category>
		<category><![CDATA[poverty]]></category>

		<guid isPermaLink="false">http://www.mifireport.com/?p=855</guid>
		<description><![CDATA[Source: http://www.businessdayonline.com/index.php?option=com_content&#38;view=article&#38;id=2975:bridging-poverty-divide-using-microfinance-banks&#38;catid=107:microfinance&#38;Itemid=288
There is no gainsaying   the fact that so far, the  Federal Government’s efforts to eradicate poverty in Nigeria have been inequitably spread. This puts a damper on the nation’s vision to be ranked among the top three emerging markets in terms of Gross Domestic Product (GDP) ratio, access to credit for the productive [...]]]></description>
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		</item>
		<item>
		<title>High Default Rate Worries Microfinance Banks&#8230;</title>
		<link>http://www.mifireport.com/2009/02/high-default-rate-worries-microfinance-banks/</link>
		<comments>http://www.mifireport.com/2009/02/high-default-rate-worries-microfinance-banks/#comments</comments>
		<pubDate>Mon, 09 Feb 2009 08:41:53 +0000</pubDate>
		<dc:creator>Gavin</dc:creator>
				<category><![CDATA[Archives]]></category>
		<category><![CDATA[microfinance banks]]></category>
		<category><![CDATA[rate]]></category>

		<guid isPermaLink="false">http://www.mifireport.com/?p=737</guid>
		<description><![CDATA[DESPITE the optimism being expressed in some quarters that the new economic framework, set up by President Yar&#8217;Adua to respond to the global economic crisis, would soon address the nation&#8217;s economic challenges, there seems to be a lull in the microfinance sub-sector of the Nigerian financial market.
The Guardian&#8217;s investigation, at the weekend, revealed that most [...]]]></description>
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		<slash:comments>0</slash:comments>
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