Microfinance Industry Newswire

ABHI Microfinance Bank receives Phoenix Award

KARACHI    -  ABHI Microfinance Bank has announced that it has received the Phoenix Award at Mobile Commerce 2026, one of Pakistan’s leading platforms for digital commerce, payments, and financial technology. The award recognizes ABHI Microfinance Bank’s …

MCC Banking launches its digital microcredit service

MCC Banking launches a fast and bureaucracy-free solution that supports small businesses in vulnerable environments With the purpose of boosting entrepreneurship in areas with less financial access, MCC Banking has launched a 100% digital microcredit …

IFC mulls $50m risk-sharing facility with Pak microfinance lender

Growing Deposits and Lending Reflect Confidence in Cambodia's Microfinance Sector

AKP Phnom Penh, July 06, 2026 -- Cambodia's microfinance sector recorded strong growth in lending and deposits during 2025, reflecting growing confidence among the public and businesses despite economic headwinds, according to the Cambodia Microfinance …

SHG woman, micro-finance owner arrested for taking away cooking gas cylinder from house for defaulting in loan repayment

Dindigul district police have arrested the leader of a Self Help Group for women, Nagalakshmi, and owner of a micro-finance institution, Thiagarajan, on charges of taking away a cooking gas cylinder from the house of a woman, Sasikala, after she defaulted …

Sourcing micro-financing: Navigating Bank of Agriculture loan terms for smallholders

Access to affordable credit remains one of the biggest barriers to agricultural growth in Nigeria. Many smallholder farmers have viable business ideas but lack the financial resources to purchase quality seeds, fertilizers, livestock, irrigation equipment …

Costa Rica Bill Could Make Some Small Loans More Expensive

A government-backed bill moving through Costa Rica’s Legislative Assembly could make some small consumer loans more expensive by shifting them into a category that allows higher interest rates. The proposal would change the legal definition of microcredit …

MSMEDA, Tamweely sign EGP 350m agreements to finance 3,000 micro-enterprises

Bassel Rahmy, Chief Executive Officer of the Micro, Small and Medium Enterprise Development Agency (MSMEDA), and Ahmed Khorshid, Chief Executive Officer, Managing Director and Deputy Chairman of Tamweely Financial Services, have signed two financing …

ABHI Microfinance Bank reports growth in revenues in 1Q 2026

KARACHI: ABHI Microfinance Bank Limited reported revenue of Rs4.874 billion by the end of the first quarter of 2026, compared to Rs2.6billion in the corresponding period last year. According to financial results, this was mainly supported by income from …

Journalist Alleges Police Arrest, Detention After Accusing Yobe Microfinance Bank MD Of Having Romantic Affair With His ...

  A journalist, Nura Distin, has accused the Managing Director and Chief Executive Officer of Yobe Microfinance Bank, Sheriff Almuhajir, of using his influence to have him detained and remanded in prison after he publicly alleged that the bank chief …

5-6 No More: Yamsuan Champions P3 Act to Protect Small Entrepreneurs from Predatory Lending

To shield micro and small enterprises (MSEs) from the clutches of predatory “5-6” lenders, a lawmaker is calling on his colleagues in the House of Representatives to institutionalize a government microfinancing program. Parañaque City 2nd District Rep. …

Cameroon Wants to Turn Diaspora Remittances Into Long-Term Investment

Cameroon received about CFA652 billion ($1.2 billion) in remittances from its diaspora in 2024, and the government wants to channel part of those flows into long-term investment. Through a project known as DIASDEV, the Caisse des Dépôts et Consignations ( …

Nepal Rastra Bank Fails to Meet Monetary Policy Targets

Kathmandu. It has been found that two dozen targets mentioned in the monetary policy for the fiscal year 2082/83 have not been met. The annual review of the monetary policy released by the central bank on Tuesday showed this situation. In the monetary …

From fraud risk to digital monitoring: Pakistan's quiet banking revolution

There is a revolution underway in Pakistan’s financial sector - and it is being waged not with weapons, but with data, algorithms, and the quiet determination of professionals who were once called fraud risk managers and are today emerging as the frontline …

NDIC to Liquidate 46 Nullified Microfinance Banks Amid CBN Regulatory Crackdown

July 5 (THEWILL) — The Nigeria Deposit Insurance Corporation (NDIC), has been appointed as the official Liquidator of the 46 Microfinance Banks (MfBs) whose licences were revoked on July 1, 2026, by the Central Bank of Nigeria (CBN). The role of the NDIC …

In Russia, the debt burden is growing - overdue microloans and demand for pawnshops are increasing

In the first quarter of 2026, despite a slight reduction in loan issuance volumes, Russia saw growth in the debt portfolio, the share of overdue loans, and the popularity of pawnshops. This was reported by the Foreign Intelligence Service of Ukraine, …

Community Banks Appeal For Extension Of BoG Capital Deadline

Community Banks across the country, yet to meet the Bank of Ghana’s December 31, 2026 deadline to raise a minimum capital of GH¢5 million in order to operate independently, have appealed to their mother institution, the Association of Rural Banks (ARB Apex …

Bajaj Finance reports 119.33 million customer base for FY2026

Bajaj Finance Limited has reported a significant customer base of 119.33 million as of 31 March 2026, according to its Business Responsibility and Sustainability Report (BRSR) for the financial year 2025-2026. The company successfully acquired 17.51 …

GMF ThriveOn small business loans available

OZAUKEE COUNTY — This week the Greater Milwaukee Foundation is reopening applications for its ThriveOn Small Business Loans program. This effort pairs microloan investments with monthly business coaching to support entrepreneurs as they sustain and grow …

Next Point Advises Multi-Location Physical Therapy Practice in Owner-Centered Healthcare M&A Transaction

The transaction reflects the increasing importance of deal structure, buyer fit, tax planning, and personal readiness for owners of multi-unit practices. NY, UNITED STATES, July 7, 2026 /⁨EINPresswire.com⁩/ -- Next Point LLC served as the …

New Survey Suggests Web Search Users Want Short, Trustworthy Answers

Research points to growing search fatigue. Qoob responds with a smart AI search app focused on short, trustworthy answers for everyday decisions. NEW YORK, NY, UNITED STATES, July 7, 2026 /⁨EINPresswire.com⁩/ -- Nearly half of users say they are …

Qoob Launches Smart Search App for Better Everyday Decisions

Now on iOS and Android, qoob gives people short, relevant answers and helps them with decisions, from travel and recipes to shopping and weekend plans. NEW YORK, NY, UNITED STATES, July 7, 2026 /⁨EINPresswire.com⁩/ -- Qoob, a new smart search app …

Mexico Business Lawyers Guides U.S. Buyers Through Mexico Real Estate Boom

Firm reports rising U.S. demand in Tulum, Los Cabos, and Mexico City, and the role of specialized local counsel in protecting buyers. SAN DIEGO, CA, UNITED STATES, July 7, 2026 /⁨EINPresswire.com⁩/ -- Mexico Business Lawyers, a cross-border firm …

Sea Oaks Home Sales Jump 44% in Vero Beach's First Half, Vero Premier Properties Unveils New Site

Sea Oaks Home Sales Rise 44% in Vero Beach's First Half as Vero Premier Properties, Signature Division of Coldwell Banker Global Luxury, Launches New Site VERO BEACH, FL, UNITED STATES, July 7, 2026 /⁨EINPresswire.com⁩/ -- **Sea Oaks Home …

The Greatness Factory of Nashville and PCG Technologies Announce Strategic Partnership to Launch AI Clone

NASHVILLE , TN, UNITED STATES, July 7, 2026 /⁨EINPresswire.com⁩/ -- The Greatness Factory of Nashville and PCG Technologies today announced a strategic partnership to introduce AI Clone, a new cutting-edge technology tool designed to help insurance and …

Intrinio Introduces MCP Access for Financial Data in AI Workflows

New Model Context Protocol connection brings Intrinio data access to AI assistants, coding tools, and research workflows. ST. PETERSBURG, FL, UNITED STATES, July 7, 2026 /⁨EINPresswire.com⁩/ -- Intrinio is introducing the Intrinio MCP, a new way …

Northern Cincinnati Foundation Grows Its Family of Affiliate Funds, Strengthening Local Philanthropy Across the Region

Northern Cincinnati Foundation Grows Its Family of Affiliate Funds, Strengthening Local Philanthropy Across the Region CINCINNATI, OH, UNITED STATES, July 7, 2026 /⁨EINPresswire.com⁩/ -- Northern Cincinnati Foundation (NCF) today highlighted …

PACE Anti-Piracy Announces Fusion 6, Simplifying Software Protection for Modern Development Teams

Introduces Fusion Express, Standalone application protection, and new iLok Licensing pricing tiers. SILICON VALLEY, CA, UNITED STATES, July 7, 2026 /⁨EINPresswire.com⁩/ -- PACE Anti-Piracy, the trusted leader in software licensing and application …

CiraSync Brings Real-Time Contact Sync to Government Emergency Response Teams Automated Microsoft 365 Directory Sync

Outdated directories and contacts that never reached employee devices create friction at exactly the moments when communication needs to be instant. AUSTIN, TX, UNITED STATES, July 7, 2026 /⁨EINPresswire.com⁩/ -- Austin, Texas — July 7, 2026 — …

HMRC's Let Property Campaign & Non-Disclosure Activities Nearly Net £550 million

HMRC's Let Property Campaign has been running for some thirteen years now, has seen some 100,000 disclosures made to date, and has no closure date. UNITED KINGDOM, July 7, 2026 /⁨EINPresswire.com⁩/ -- Ex-HMRC Tax Inspector, Amit Puri's …

Nonprofit joint ventures emerge as private equity's next healthcare expansion strategy

PESP research documents hundreds of nonprofit-private equity joint ventures, raises questions about existing federal and state oversight frameworks CHICAGO, IL, UNITED STATES, July 7, 2026 /⁨EINPresswire.com⁩/ -- A new report from the Private …

Codeintel Warns Mortgage Lenders to Review Website Tracking, Consent Controls, and Third-Party Scripts

Mortgage lenders and regulated businesses are urged to review analytics, pixels, consent controls and third-party scripts to reduce privacy and compliance risk. RENO, NV, UNITED STATES, July 7, 2026 /⁨EINPresswire.com⁩/ -- Codeintel LLC, a digital …

Psychiatry Telemed Launches Statewide in Florida, Offering Affordable, Private Telepsychiatry With Appointments in Days

TAMPA, FL, UNITED STATES, July 7, 2026 /⁨EINPresswire.com⁩/ -- Psychiatry Telemed, a Florida-based telepsychiatry practice, today announced its statewide launch and is now accepting new patients at psychiatrytelemed.com. The practice delivers …

New Research: Businesses Accelerate Voice AI Investment while Consumers Demand Greater Accuracy and Human Support

National study from Botco.ai finds Voice AI adoption is accelerating, but long-term success depends on earning consumer trust. SCOTTSDALE, AZ, UNITED STATES, July 7, 2026 /⁨EINPresswire.com⁩/ -- As organizations rapidly expand investments in …

RESULTS Technology Ranked on 2026 MSP 501—Tech Industry’s Most Prestigious List of Global Managed Service Providers

RESULTS Technology Ranked As Top Managed IT Service Provider in Kansas OVERLAND PARK, KS, UNITED STATES, July 7, 2026 /⁨EINPresswire.com⁩/ -- RESULTS Technology has earned a coveted spot among the world's elite managed service providers, …

Webolutions Earns Two 2026 Communicator Awards for Website Design

Denver’s leading digital marketing agency continues to elevate the success of its clients with award winning website designs. DENVER, CO, UNITED STATES, July 7, 2026 /⁨EINPresswire.com⁩/ -- Webolutions, a Denver-based digital marketing agency, has …

Payscout and Pronto Connects Announce Strategic Alliance to Drive Innovation in Payments

LOS ANGELES, CA, UNITED STATES, July 7, 2026 /⁨EINPresswire.com⁩/ -- Payscout, a leading payment processing provider and certified Minority Business Enterprise (MBE), is proud to announce a new strategic alliance with Pronto Connects, a provider of …

Success Express Marketing Solutions Names Business Consultant and Media Executive Sharifah Hardie President

Business consultant and media executive Sharifah Hardie joins Success Express Marketing Solutions as President to lead growth, partnerships and innovation. LOS ANGELES, CA, UNITED STATES, July 7, 2026 /⁨EINPresswire.com⁩/ -- Success Express …

CFG Merchant Solutions® Announces Opening of First Miami Office

MIAMI, FL, UNITED STATES, July 7, 2026 /⁨EINPresswire.com⁩/ -- CFG Merchant Solutions® (CFGMS), a leading provider of alternative business financing solutions, is proud to announce the opening of its first Miami office at 252 NW 29th St, Miami, FL, marking …