Posts Tagged ‘Nigeria microfinance’

Microfinance Focus, June 29, 2010: Microfinance News Synopsis brings a compilation of industry headlines broadcasted by other news media from across the world. MFIs as engine of inclusive growth: For those of us, who have been in microfinance since its origins about 20 years ago, we remember the days when no one paid much attention to us except other colleagues in the development sector. Much has ... Full story

Microfinance Focus, June 19, 2010: Microfinance News Synopsis brings a compilation of industry headlines broadcasted by other news media from across the world. Niger Govt Spends N1.5b on Microfinance Banks: Niger State government has spent over N1.5 billion to facilitate establishment of Microfinance banks in all 25 local government areas of the state. Director General of the state’s Small and Medium Scale Enterprises and Microfinance Agency, ... Full story

Microfinance Focus, Sept. 8, 2009: Japan and the African Development Bank (AfDB) have approved a grant of US$1 million to AB Microfinance Bank of Nigeria (ABN) from the Fund for African Private Sector Assistance (FAPA). The technical assistance contribution from FAPA, which makes up 7.7% of the overall TA package, will be used to co-finance the provision of technical assistance to ABN to build the capacity of the institution during its first few years of operation. FAPA funds will pay to bring in long-term management staff as well as short-term experts for the implementation of new IT/MIS systems and staff training. FAPA funds will cover costs related to these experts for a three-year start-up phase, after which trained ABN staff will replace them. Full story