August 31, 2010
August 26, 2010
August 25, 2010
August 18, 2010
August 31, 2010
Eight causes of a crash: What happened to Banex?
This is the second of two guest posts by Barbara Magnoni, President of EA Consultants, on what we can learn from Banex and its demise. Banex had been one of the most prominent microfinance institutions in Nicaragua, but as it pushed forward with an aggressive growth strategy, its foundations proved weak. In early August 2010, Banex (formerly Findesa) entered liquidation. Magnoni gives starting points for understanding how the bubble burst.
Themes:
Commercialization & Subsidy
August 26, 2010
A blog on the Unitus controversy you won’t want to miss
The SKS IPO is a microfinance milestone: the first IPO of an Indian microlender – an event big enough to be covered by the international media. When the first IPO happened in Mexico in 2008, Banco Compartamos was attacked for its high interest rates and (arguably) excessive profit rates, with Muhammad Yunus leading the charge.
Themes:
Commercialization & Subsidy
August 25, 2010
Bubble Bubble Banex Trouble
Two very different events hit the microfinance world this summer. In India, the SKS IPO sparked debates about the lines between profit-making and social responsibility when investors profess a “double bottom line.” In Nicaragua, the failure of Banex is an event that may have even wider reverberations.
August 18, 2010
New impact studies on reaching the ultra poor
In a previously posted video, FAI’s Jonathan Morduch talks about providing the “ultra poor” – people who live on $1.25 a day or less – with financial services.
Themes:
Credit, Ultra Poor
August 18, 2010
Register now for the Microfinance Impact and Innovations Conference - October 2010
The conference, “Microfinance Impact and Innovation,” will take place on October 21st-23rd in New York City, and will provide a forum to share knowledge – including the results of new impact studies! – and innovations in both microfinance product design and research.
