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MICROCAPITAL BRIEF: Indian Microfinance Institutions Trident, Bhartiya...
Trident Microfin Private Limited, a microfinance institution (MFI) in India, reportedly may shut down operations after being denied a loan write-down and additional funding from a forum of 21 lenders...
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MICROCAPITAL BRIEF: Central Bank of Zimbabwe Imposes 5% Tax on Mobile Money...
The Central Bank of Zimbabwe reportedly has imposed a five-percent tax on the fees charged to effect mobile money transactions such as cash transfers, cellular phone payments and utility bill payments...
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MICROCAPITAL BRIEF: European Bank for Reconstruction and Development (EBRD)...
The European Bank for Reconstruction and Development (EBRD), a multilateral institution headquartered in London, is lending EUR 10 million (USD 13.5 million) to Societe Generale Banka Montenegro, a...
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MICROCAPITAL BRIEF: India Post, Bharat Sanchar Nigam Partner to Provide...
The Indian postal department, India Post, reportedly is partnering with Bharat Sanchar Nigam Limited (BSNL), a telecommunications company owned by the Indian government, to provide instant money...
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MICROCAPITAL BRIEF: International Finance Corporation (IFC) Loans $4m to...
The International Finance Corporation (IFC), a member of the US-based World Bank Group, recently announced that it has committed to loan NGN 650 million (USD 4 million) to Grooming Centre, a Nigerian...
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MICROCAPITAL BRIEF: EcoBank to Offer Mastercard in 23 African Countries
MasterCard Incorporated, a US-based payments and technology company with operations in 210 countries and territories, reportedly has signed a deal with EcoBank Transnational Incorporated, a Togo-based...
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MICROCAPITAL BRIEF: Myanmar Mobile Money, Mobilemate Telecommunications...
Myanmar Mobile Money, a Myanmar-based subsidiary of France-based Oberthur Technologies, recently partnered with Mobilemate Telecommunications, a Singapore-based company, to launch mobile money services...
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MICROCAPITAL BRIEF: Microfinance Supervisory Committee of Myanmar Caps...
The Microfinance Supervisory Committee (MSC), the microfinance regulatory body in Myanmar, reportedly set a limit of MMK 500,000 (USD 509) for loans issued by microfinance institutions (MFIs). The...
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MICROCAPITAL BRIEF: Safaricom, Britam, Changmka Microinsurance to Offer...
Safaricom, a telecommunications provider in Kenya, reportedly has announced that it will be partnering with Britam, a Kenya-based investment firm, and Changmka Microinsurance, a Kenyan health insurance...
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MICROCAPITAL BRIEF: Orange, Banco Popular Dominicano Launch M-Peso Mobile...
Orange Dominicana, subsidiary of Orange of France that offers prepaid mobile services in the Dominican Republic, and Banco Popular Dominicano, a commercial bank in the Dominican Republic, reportedly...
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