From the category archives:
Private equity firm Sequoia Capital is set to become a promoter of the country’s largest microfinance institution, SKS Microfinance Ltd.Sequoia, which currently owns 24% in SKS, will lead three other venture capital firms in the move. This is the first time in India that venture capital investors are becoming promoters of a company that is [...]
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MICRO-FINANCE: LESSONS FROM INTERNATIONAL EXPERIENCE
Given below are 10 major lessons learned from the worldwide experience with mF which summarises an experience of roughly 30 years. Though country-wise experience may vary, the lessons provide a sound basis for understanding the role limitations of mF.
Lesson One –The Poor Are Bankable
There is [...]
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Bajaj Allianz Life Insurance Company and Religare AMC have subscribed to these NCD’s
SKS Microfinance, India’s largest microfinance company has raised Rs 100 crore by issuing Non Convertible Debentures worth Rs 75 crore to insurance major Bajaj Allianz Life Insurance Company Ltd and another tranche of Rs 25 crore on February to Religare [...]
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RBI issues veiled threat to MFIs: Microfinance could soon lose priority sector lending status
India’s booming microfinance segment is under the scanner, with the Reserve Bank of India (RBI) issuing a veiled warning that it could be taken off the priority sector lending list of banks if the industry fails to improve [...]
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Microfinance India: State of the Sector Report is a series of annual reports on the microfinance sector in India. The Report seeks to document developments, clarify issues, publicize studies, stimulate research, identify policy choices, generate understanding and enhance support for the sector.
While the previous State of the Sector Report gave an account of the shifts [...]
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Rabo India has provided debt funds of INR 350 Million to Asmitha Microfin Limited (AML). Asmitha Microfin Limited is one of the top five micro finance institutions in India in terms of portfolio size. The institution is presently serving over 1.36 million customers with a loan portfolio of about Rs. 990 crore (USD 220 million).
Asmitha [...]
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PhokatCopy – Get Photocopies of notes and books for free – http://www.phokatcopy.com/
Phokat copy is a pro student initiative that provides free photocopies subsidized by advertising on the back page.
Shoe Dazzle – http://www.shoedazzle.com/
Users of Los Angeles-based ShoeDazzle begin by taking a fashion survey, the results of which are used to guide the company’s personalized shoe selections. [...]
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This information is made available for free to the public by The International Finance Corporation.
Steps involved in starting a business in India
Registration Requirements:
No: Procedure Time to complete: Cost to complete:
1
Obtain director identification number (DIN) online from the Ministry of Corporate Affairs portal (National)
1 day
INR 100
2
Obtain digital signature certificate online from private agency authorized by the [...]
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i4d special issue with focus on Microfinance
Download at link below
Right click and give “Save Target As” or “Save Link As”
I4D -June09- Special Focus on Microfinance -48 Pages- 3.5 MB
About i4d Magazine
The i4d (Information For Development) print magazine is one its kind, and is intended to provide a much-needed platform for exchange of information, ideas, opinions [...]
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Given below is an economic report published by the Emerging Markets Forum.
This report was released sometime in early August 2009
India 2039: An Affluent Society in One Generation
The report is not a prediction of what is likely to unravel—few would hazard a guess at that distance—but rather a statement of what is possible if things are done right. [...]
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Vikram Akula responds to the hatchet job performed by the Wall Street Journal on the Indian Microfinance Sector
You can read the wall street journal article here and Vikram Akula’s response below.
Why There’s No Credit Crisis in Microfinance – By Vikram Akula
A recent article in the Wall Street Journal would have you believe there is a [...]
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Open Letter to Sa Dhan by Abhijit Subudhi of Dhanei KGFS
Why should MFIs join hands with Sa-Dhan ?
19 MFIs have joined their hands under the umbrella of Sa-Dhan to project the transparency of the industry practices to the outside world by way of self imposing disclosure norms [...]
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