Microfinance Industry Newswire

Albanian court upholds detention of microcredit fraud suspect

An Albanian appeals court has upheld the detention of Arben Meskuti, who is accused of running a large-scale microcredit fraud scheme that allegedly targeted thousands of people. Meskuti, the owner of several financial firms, is suspected of acquiring bad …

Buea: Minister inaugurates edifice of SW area village barns microfinance

The building was inaugurated during the Minister’s working visit to Buea. During his stay in the region, the Minister chaired the 7th Steering Committee meeting of the Agricultural Infrastructure and Value Chain Development project, AIVDP. The meeting came …

United Insurance to disinvest 59.9mn shares in Apna Microfinance Bank

The United Insurance Company of Pakistan Limited (UIC) has announced plans to disinvest 59.94 million ordinary shares in Apna Microfinance Bank Limited, according to a filing by the company at the Pakistan Stock Exchange (PSX) on Thursday.  “We hereby …

Financial Intelligence Centre freezes all company accounts linked to Bills Micro-Credit

The Financial Intelligence Centre (FIC) has frozen all company accounts linked to Bills Micro-Credit. The action was taken in accordance with Section 56(1) of the Anti-Money Laundering Act, 2020 (Act 1044). Fresh details indicate that the personal accounts …

Tightening regulations, underwriting standards in microfinance will rein in growth plans for lenders: S&P

Tightening regulations and stricter underwriting standards in Indian microfinance will rein in growth plans for sector lenders and defuse risk buildup for overleveraged borrowers, said S&P Global Ratings. These same trends, however, will weigh on asset …

St. Vincent de Paul welcomes Lake Ridge Bank as microloan partner

MADISON, Wis. -- Lake Ridge Bank was welcomed as the second bank to offer small loans through the Society of St. Vincent de Paul-Madison.  "We were excited when St. Vincent de Paul approached us to partner with them to offer microloans," said …

FIC freezes accounts of Bills Micro-Credit founder

By Morkporkpor Anku Accra, March 25, GNA – The Financial Intelligence Centre (FIC) has frozen all accounts belonging to Mr. Richard Nii Armah Quaye, businessman and founder of Bills Micro-Credit. The frozen accounts include Bills Micro-Credit, Quick Credit …

Microfinance for education!

In the heart of rural India, where dreams often battle against daunting financial constraints, microfinance has emerged as a beacon of hope, empowering low-income families to invest in their children’s futures despite systemic challenges. As every …

UPAY Inc. - ACPAS Continues to Champion the Microfinance Sector as Proud Sponsor of MFSA Compliance Workshop

DALLAS, March 25, 2025 (GLOBE NEWSWIRE) -- UPAY Inc. ("UPAY" or the "Company") (OTCQB: UPYY) is delighted to announce that ACPAS, its South African subsidiary, proudly sponsored the MFSA #101 Compliance Workshop to MicroFinance, held at …

‘Microfinance collections see improvements, except in K’taka’

Asset quality also improved across regions barring Karnataka. Yet, other pockets of stress also exist in states such as Gujarat, Uttar Pradesh, Bihar, and Odisha, catalysed by over-leveraging, multiple-lender exposure, and political interference for loan …

Update: Bills Micro-Credit CEO’s personal and company accoun...

The Financial Intelligence Centre (FIC) has frozen all company accounts belonging to Bills Micro-Credit and Quick Credit and Investment Micro-Credit, along with the personal accounts of the CEO, Romeo-Richlove Kweku Seshie. This comes a day after the …

Ghana Revenue Authority Investigates Micro-Credit Founder’s Tax Records

The Ghana Revenue Authority (GRA) is reviewing the personal income tax compliance of Richard Nii Armah Quaye, founder and board chairman of Bills Micro-Credit, according to sources familiar with the matter. The probe, confirmed by Citi Business News, aims …

Al Tadamun Microfinance to renew $3.85mln credit facility with QNB Bank

Cairo – Qatar National Bank Al Ahli (QNB) and Al Tadamun Microfinance Foundation reached an agreement to renew a credit facility worth EGP 195 million, according to a press release. This financing aims to expand the funding of micro-projects owned by women …

What next as Microfinance Inkingi goes into liquidation?

A conversation about microlending in Johnson County | Guest Column

Let’s talk about microlending. Most of us would agree that American society has an extremely skewed distribution of wealth, that a minority of people hold the majority of assets. Even in the middle class, access to wealth and ways of building wealth have …

Unlocking development finance: how fair credit pricing fuels economic growth

MicroFinance South Africa (MFSA) is calling for urgent reforms to South Africa’s credit regulations, emphasising that fair credit pricing is pivotal to unlocking development finance, supporting small businesses, and empowering low-income communities. The …

Fifty-one reasons to hope

A humanitarian mission to Afghanistan carried the extra weight of tragedy, Tom McKinlay writes. There is a saying of The Prophet, Bariz Shah says, that he and his partner Saba Afrasyabi hold close. "The best of you are those who are of the most …

Walter Magaya’s Church Property Auctioned To Pay Back Debts At Time He’s Saying He’s Donating Millions Of Dollars To ...

Walter Magaya’s Church Property Auctioned To Pay Back Debts At Time He’s Saying He’s Donating Millions Of Dollars To National Football Harare – 28 March 2025 By A Correspondent | ZimEye | A major property owned by controversial preacher and businessman …

Asiama: Geopolitical tensions have heightened uncertainty, weighed negatively on consumer & business confidence

Governor of the Bank of Ghana, Dr Johnson Asiama has said that the global economy was resilient through 2024, supported by strong real income growth and a less restrictive monetary policy stance relative to 2023. In the first few months of 2025, he said, …

NEW FICTIONAL NOVEL EXPLORES AMERICA’S FUTURE THROUGH A POWERFUL ALLEGORY

A powerful story of resilience, redemption, and awakening. Suspenseful and thought-provoking, it will challenge your beliefs and inspire hope. BRISTOL, IN, UNITED STATES, March 28, 2025 /⁨EINPresswire.com⁩/ -- What if America continued down its …

Alter Behavioral Health Secures $7.6M to Expand Crisis Stabilization & Residential Mental Health Care in San Diego

SAN DIEGO, CA, UNITED STATES, March 28, 2025 /⁨EINPresswire.com⁩/ -- Alter Behavioral Health, a distinguished primary mental health provider, is pleased to announce it has secured $7,686,900 in financing from Bank Five Nine to support debt …

A Masters Pool with a Purpose: M4Max Challenge Registration Opens Monday, April 7

The highly anticipated M4Max Challenge returns in 2025, with registration officially opening on Monday, April 7 NEWBURY, OH, UNITED STATES, March 28, 2025 /⁨EINPresswire.com⁩/ -- The highly anticipated M4Max Challenge returns in 2025, with …

Usherpa Taps Stout for Senior Marketing Strategist

Laila Stout, an experienced marketing executive, joins the Usherpa Team. DENVER, CO, UNITED STATES, March 28, 2025 /⁨EINPresswire.com⁩/ -- Usherpa, developers of the real estate and mortgage industry’s first Customer Relationship Engagement …

Top Online Resources for Students Seeking Day 1 CPT Universities

NEW YORK, NY, UNITED STATES, March 28, 2025 /⁨EINPresswire.com⁩/ -- For international students looking to enroll in a university that offers Curricular Practical Training (CPT) from the first day of classes, finding the right institution can be …

KRAMBU Brings Generative AI to Video, Further Augmenting Its AI-as-a-Service Platform

Scalable AI Video Generation for Reviving Memories and Enhancing Visual Storytelling COEUR D’ALENE, ID, UNITED STATES, March 28, 2025 /⁨EINPresswire.com⁩/ -- Bringing old, sentimental photos to life through video is no longer limited to high-end …

Disrupting Talent Loss with Strategic Interventions

New research explores the cost of losing talent and why belonging is key to resilience and growth. HONOLULU, HI, UNITED STATES, March 28, 2025 /⁨EINPresswire.com⁩/ -- The accounting profession is facing a retention crisis. Every resignation …

Shield Works Hosts Senior UK-China Clean Energy Delegation at South China Factory

ZHUHAI, CHINA, March 28, 2025 /⁨EINPresswire.com⁩/ -- Shield Works Precision Manufacturing, a 100% British-owned OEM facility in South China, proudly welcomed a high-level UK-China Clean Energy Delegation on Sunday, March 23rd. The visit marked the …

Mark Clayton Signs Fair Pay Charter as Custodian for British Business in China

HONG KONG, March 28, 2025 /⁨EINPresswire.com⁩/ -- In a landmark moment for ethical business practices in Asia, Mark Clayton, CFO of C2W Group and Chairman of the British Chamber of Commerce South China, has officially signed the Fair Pay Charter, becoming …

SOSANA Launches to Strengthen Solana, Reward Smart Degens, and Restore Confidence in Crypto

Strengthening Solana: SOSANA Brings Community, Rewards, and Smart Voting to the Ecosystem SHERIDAN, WY, UNITED STATES, March 28, 2025 /⁨EINPresswire.com⁩/ -- Amidst Solana's dynamic developments, including its inclusion in the U.S. Crypto …

Kaliber Motors Announces Pre-Bookings of Kaliber Panther – AI Integrated Walk-In Box Truck

IRVINE, CA, UNITED STATES, March 28, 2025 /⁨EINPresswire.com⁩/ -- Kaliber Motors proudly announces the opening of vehicle bookings for its cutting-edge commercial EV box truck, the trailblazing Kaliber Panther. Set to disrupt the last-mile and …

Why DSA Ecommerce is the Go-To Partner for Sellers Looking to Expand on Amazon and Walmart

DSA Ecommerce offers services, advanced automation tools, and strategic insights, making it the ideal partner for businesses to expand on Amazon and Walmart. NEW YORK , NY, UNITED STATES, March 28, 2025 /⁨EINPresswire.com⁩/ -- In an increasingly …

Duffy Kruspodin, LLP Recognized as a 2025 Accounting Today Regional Leader

LOS ANGELES, CA, UNITED STATES, March 28, 2025 /⁨EINPresswire.com⁩/ -- Duffy Kruspodin, LLP (Duffy Kruspodin) is thrilled to announce its recognition as a 2025 Accounting Today Regional Leader, earning its place as one of the Top Firms in The West. …

WMF Success in Silicon Valley: The Strategic Italy-USA Bridge for Innovation is Open

The first WMF in Silicon Valley was a success: 200+ investors, startups, and Big Tech gathered. First guests announced for WMF 2025 (June 4-6, BolognaFiere). SAN FRANCISCO, CA, UNITED STATES, March 28, 2025 /⁨EINPresswire.com⁩/ -- AI For Future, …

HBS Named Best Residential Construction Project Management Software by the 2025 BUILD Design & Build Awards

Santa Claus, Indiana-based software developer awarded 'Best Residential Construction Project Management Software' SANTA CLAUS, IN, UNITED STATES, March 28, 2025 /⁨EINPresswire.com⁩/ -- HBS (Home Builder Solution) is proud to announce that …

HB Strategies Analyzes State Attorneys General Races in Michigan, Minnesota, Nebraska, Nevada, and New Mexico

WASHINGTON, DC, UNITED STATES, March 28, 2025 /⁨EINPresswire.com⁩/ -- The fourth of six reports from the HB Strategies 50 State Team is out today analyzing state attorneys general races in Michigan, Minnesota, Nebraska, Nevada, and New Mexico. The …

Investing in Hope: Why Canadian Businesses Must Support Paediatric Brain Tumour Research

Meagan Bebenek Foundation Launches Help Us Give (HUG): A Meaningful Way to Engage Your Employees & Give Back CANADA, March 28, 2025 /⁨EINPresswire.com⁩/ -- The world’s political and economic landscape is increasingly uncertain, and now, more …

Arcum and NMI Join Forces to Combat Merchant Attrition and Drive Revenue Growth with AI-Powered Predictive Analytics

Arcum partners with NMI to deliver AI-powered predictive analytics that help ISOs reduce churn, grow revenue, and boost retention across merchant portfolios. ATLANTA, GA, UNITED STATES, March 28, 2025 /⁨EINPresswire.com⁩/ -- Arcum, a leading …

Federal Reserve Bank of Boston President and CEO Joins 100 Women in Finance for Economic Outlook Discussion in Boston

First joint event between 100 Women in Finance, Wellington Management, and IWIN, underscoring a shared mission BOSTON, MA, UNITED STATES, March 28, 2025 /⁨EINPresswire.com⁩/ -- 100 Women in Finance, in collaboration with Wellington Management and …

Leveraging Social Media for eCommerce Success: DSAeCommerce’s Approach to Social Selling

DSAeCommerce reveals how social media platforms can amplify sales, using tailored social selling strategies to enhance visibility and engagement of online store NEW YORK , NY, UNITED STATES, March 28, 2025 /⁨EINPresswire.com⁩/ -- In today’s …