Examining whether renewable energy microfinance can empower the vulnerable
Credit: Unsplash/CC0 Public Domain
Can renewable energy microfinance promote financial inclusion and empower the vulnerable? That is the…
Browsing Tag
microfinance
Microfinance sector post 21% growth in FY23 – Times of India
CHENNAI: Microfinance sector recorded a 21% growth in FY23 at Rs 3,51,521 crore when compared with the previous year at Rs 2,89,845 crore.A quarterly report by Sa-Dhan, an association of impact finance institutions, which includes MFIs, for…
Changing weather patterns and easy microfinance loans push women farmers in Maharastra into debt…
For a few years now, each time Sunita Uike takes a loan, she promises herself it will be the last one. Each time, the weather interferes with her plan. When she borrowed ₹30,000 from a private microfinance company last year, just before the…
Arohan Financial Services opens over 100 branches in FY23
Arohan Financial Services Ltd opened 102 new branches in FY23 to expand its presence in underserved states of the country, the microfinance company said on Friday. The Kolkata-based NBFC-MFI lender now has 835 branches across 15 states…
NBFC Microfinance Institutions Received Rs 15,951 Cr In Debt Funding
As on December 31, 2022, NBFC-MFIs, on an aggregated basis, have a network of 18,455 branches with 1,57,737 employees.
Average loan amount disbursed per account during Q3 FY 22-23 was Rs 42,687.As on December 31, 2022, the microfinance…
Loan Sales Up, Collection Improves; Inflation A Key Risk For Microfinance Sector, Says Report
Edited By: Namit Singh SengarLast Updated: February 15, 2023, 18:51 ISTThe sector will continue to grow between 20 and 30 per cent in FY23-24, as MFIs may see a higher proportion of borrower additions in FY24 on the back of the waning…
Hit by climate change, farmers in Cambodia are risking everything on microfinance loans
The "microfinance" industry — long touted as a way to help poor, rural communities in developing countries — is pushing tens of thousands of farming families into debt traps as they attempt to adapt to a changing climate, according to a…
Microfinance loans up 11% to Rs 71,916 crore in Q2 FY23: Report – Times of India
NEW DELHI: Microfinance loansin the country grew by nearly 11 per cent to Rs 71,916 crore during the second quarter of the current fiscal, industry data showed. Microfinance loans worth Rs 64,899 crore were disbursed during the same period…
Fusion Microfinance IPO to List Tomorrow; Here’s What Latest GMP Reflects
Last Updated: November 14, 2022, 11:57 ISTFusion Microfinance IPO Set for Listing. Here's What GMP HintsFusion Microfinance IPO to List Tomorrow: Following the allotment of shares, the initial public offering (IPO) of Fusion Microfinance is…
Fusion Microfinance IPO Share Allotment Today: How to Check via BSE, Registrar’s Website
Fusion Microfinance Share Allotment Today: The initial public offering (IPO) of Fusion Microfinance closed with a 2.95 times subscription on November 7. The company received bids for 6,30,36,040 shares against the 2,13,75,525 shares on…