The MiFi Report

Posts Tagged ‘rural’


Posted on November 18, 2008 - by James

World Bank: US$200 million for rural finance…

Nhan Dan Online - The World Bank has pledged to provide US$200 million to help improve Vietnamese farmers’ access to finance.

An agreement to the effect, the Vietnam Third Rural Finance Project, was signed in Hanoi on November 14 by State Bank of Vietnam (SBV) governor Nguyen Van Giau and Martin Rama, the World Bank Acting Country Director for Vietnam.

The total cost of this project is US $279.29 million. The remaining US $79.29 million will be provided by the Vietnamese government as the counterpart fund (including contribution capital of the participating credit institutions and the end borrowers)… [click here to read the rest of this article...]


Posted on September 18, 2008 - by James

Mexico: World Bank Approves Additional US$50 Million for Rural Financing in Mexico…

Mexico City, September 9, 2008—Today the World Bank’s Board of Executive Directors approved an additional US$50 million to assist the Mexican Government in strengthening savings and credit institutions in the rural sector. This project comes about as support to the Public Saving and Credit Law approved in 2001. The Law combined legal and regulatory reforms with public investment to create and strengthen the capacity of the savings and credit institutions in the rural sector, as well as the regulatory agencies that supervise them.

 

Currently, the World Bank (WB) supports Mexican authorities in this area through the Savings and Rural Finance Project, which is now in its second phase of implementation. The US$50 million will be spent to close the financial gap that arose in the first phase of its implementation. The increase in the project’s cost is due to some changes generated in the Law, particularly in the extension of the deadlines for certification.

 

“We are very happy to continue supporting the Mexican Government in this effort. To this date, sixty-nine financial institutions have been certified and another three applications are being considered by the National Banking and Securities Commission, the regulatory agency. We also know that there are another two hundred and sixty-six entities that are almost ready to be certified. Jointly, all of them make up ninety percent of the membership in the sector. We hope this takes place by December of 2010¨, stated Axel van Trotsenburg, Director of the World Bank for Mexico and Colombia… [click here to read the rest of this article...]

 


Posted on August 27, 2008 - by James

Online Risk Management courses being provided in India…

Online Course on Risk Management for Rural Poor

Centre for Insurance and Risk Management 

Centre for Insurance and Risk Management at IFMR in India to Conduct Course October 6 – November 10, 2008

Source: Centre for Insurance and Risk Management

The Centre for Insurance and Risk Management at IFMR is conducting an introductory course for the Market-based Risk Management for Development Distance Learning Program (MRMD) of the World Bank. The course will introduce the participants to a market-based risk management framework for correlated risks affecting the agricultural sector such as weather risk and commodity price risk. It outlines an effective role for national governments, the World Bank, and other donors in the domain of risk management. The framework is also suitable for applications within the broader development agenda.

The course consists of three self-paced modules, discussion forums, readings, case studies, and knowledge check… [click here to read the full announcement...]