Microfinance Industry Newswire

Felaban: Peru is cradle of the most advanced and mature microfinance experience worldwide

Peru is the cradle of the most advanced and mature microfinance experience in the world, highlighted Javier M. Flores, Director General of the BBVA Microfinance Foundation (FMBBVA), at the 60th Annual Assembly of the Latin American Federation of Banks ( …

NBFC-MFIs increase microfinance market share to 44.7%, says CRIF report

India's microfinance sector is witnessing a shift towards larger loans and greater concentration among borrowers with fewer active lenders, even as the industry's overall loan portfolio continues to contract. Non-banking financial company- …

NBFC-MFIs increase microfinance market share to 44.7% as industry portfolio declines 5%: Report

NBFC-MFIs strengthened their position in India's microfinance market, accounting for 44.7% of the industry's portfolio outstanding as of September 2026, compared with 38.8% a year earlier, according to CRIF's latest report. The outstanding …

Microfinance sector’s gross loan portfolio reaches ₹3.28 lakh crore but there’s a flipside

MUST READ | RBI pumps ₹2.5 lakh crore into banks despite rate hike: Why loans may get costlier but not scarcer Disbursement value increased 5.1% year-on-year to ₹56,956 crore in the second quarter of FY27, although it fell 7.5% from the previous quarter …

Development of microfinance and financial inclusion discussed in Azerbaijan

Deputy Governor of the Central Bank of Azerbaijan (CBA) Toghrul Aliyev met with Katarzyna Pawlak, Chief Executive Officer of the Microfinance Centre, the CBA said, APA-Economics reports. During the meeting, the parties discussed steps taken by the Central …

World Bank rejects its own watchdog’s findings that microfinance firms harmed Cambodian borrowers

This story was supported by the Pulitzer Center.  A 16-year-old girl from Cambodia’s Ratanakiri province wears a T-shirt with Disney’s Goofy on the front, her long black hair tied back in a scrunchie decorated with plastic pearls. She remembers the day two …

Korea's Microfinance Agency Lets Regional Chiefs Approve Rejected Loans

The Korea Inclusive Finance Agency has introduced an exception approval system to help financially vulnerable borrowers who fail the screening for its Sunshine Loan special program. The agency has given its regional directors final authority to approve …

Vodacom Tanzania partners with Bolt for 'ride now, pay later' micro-credit service

Vodacom Tanzania and ride-hailing platform Bolt launched a new service allowing eligible customers to book rides and pay later using M-Pesa's Mgodi credit facility, integrating short-term digital credit into everyday transit. The Ride Now, Pay Later …

A bank heist probe, a bitter Sh478m fallout and a death shrouded in mystery

Businessman Joel Mwangi Wainaina, who was accused of being a proxy in a microfinance fraud case thought to involve Sh478 million, has died following a mysterious October 20, 2026 accident that also killed a mechanic. Before his death, Mr Wainaina was, in …

How Moniepoint customers can access FG’s ₦50,000 relief fund

By Ado Oyeyemi Customers of Moniepoint Microfinance Bank can now verify their eligibility for the Federal Government’s ₦50,000 emergency relief programme through the bank’s USSD platform. The bank disclosed this in a statement on Wednesday, urging …

Eligible Nigerians can access FG’s N50,000 emergency relief support via Moniepoint – Official 

Moniepoint Microfinance Bank has said that its customers can now check their eligibility for the federal government’s N50,000 National Emergency Relief and Stabilisation Intervention (NERSI) and access the funds via its USSD Channel.   The initiative, led …

Mobilink Bank more awards

ISLAMABAD - Mobilink Bank, one of the largest microfinance banks in Pakistan, has won the ‘Best Digital Banking Services’ honour from CFA Society Pakistan for the fourth year in a row, this time taking the ‘Best Digital Banking Services of the Year 2025’ …

How To Check Eligibility For FG’s ₦50,000 Relief Via USSD – Moniepoint

Moniepoint Microfinance Bank customers can now check whether they qualify for the Federal Government’s ₦50,000 emergency relief fund and receive the money by dialling a USSD code, the bank has announced. In a statement on Wednesday, the bank said eligible …

Moniepoint opens USSD channel for Nigeria’s ₦50,000 relief fund

Moniepoint Microfinance Bank says eligible customers can now check their status and access the federal government’s ₦50,000 emergency relief support through its Unstructured Supplementary Service Data (USSD) channel. The bank said in a statement on …

High loan costs burden WSHGs

Sonpur: High-interest loans from private microfinance companies are adding to the financial burden on women’s self-help groups (WSHGs) in Subarnapur district, prompting calls for administrative intervention. More than 10 private lending firms reportedly …

Moniepoint Opens USSD Channel for ₦50,000 FG Grant Check

Moniepoint Microfinance Bank has activated a USSD channel that allows customers to check their eligibility for the Federal Government’s ₦50,000 National Emergency Relief and Stabilisation Intervention (NERSI) grant. Customers can verify their status by …

The Moscow Region Microfinance Fund has opened accepting applications for new business support programs

Armeconombank Signed USD 10 million Loan Agreement for MSME lending

Armeconombank signed loan agreement worth 10 million US Dollars with microfinance investment fund managed by Swiss impact investment manager BlueOrchard Finance Ltd in October 2026. Proceeds from the agreements will be directed to on-lending and …

Maharashtra’s unregulated lending trap

Chandrakant Shinde, a 40-year-old farmer from Malkautha village in Nanded district, was found dead on October 24 inside the office of a private finance company in Nanded city. He had taken a loan of Rs.10,000 from Khalsa Finance Enterprises in September …

Medicare Agents Helpline Covers Life Insurance, Long-Term Care Taxes, and Local Access in New Mexico and Charlotte

New resources cover life insurance and long-term care tax questions, plus local Medicare access in New Mexico and Charlotte, NC. INDIANAPOLIS, IN, UNITED STATES, November 5, 2026 /⁨EINPresswire.com⁩/ -- Medicare Agents Helpline ( …

Linshom Medical awarded a $3.5M SBIR grant

BALTIMORE, MD, UNITED STATES, November 5, 2026 /⁨EINPresswire.com⁩/ -- Linshom Medical was awarded a $3.5M SBIR Phase 2B grant from the National Institutes of Health (NIH), National Heart Lung and Blood Institute (NHLBI). “This award initially …

Dracula Land completes masterplan as construction preparations advance

Strategic partnerships under negotiation as Romania's ambitious entertainment destination moves closer to construction. BUCHAREST, ROMANIA, November 5, 2026 /⁨EINPresswire.com⁩/ -- After nearly a year of intensive technical, financial and …

Beady AI Adds Document-Free KYC Automation to Its Risk Intelligence Platform

NY, UNITED STATES, November 5, 2026 /⁨EINPresswire.com⁩/ -- Beady AI has added KYC automation to its risk intelligence platform. Companies can now screen new customers and counterparties against sanctions lists, PEP databases, adverse media and …

Tech4Equity Project Expands Nationwide to Help Nonprofits Deliver Digital Financial Assistance

Qualifying nonprofits can distribute assistance, stipends, and reimbursements while connecting recipients with no-cost digital accounts and virtual debit cards. PHOENIX, AZ, UNITED STATES, November 5, 2026 /⁨EINPresswire.com⁩/ -- The Tech4Equity …

PayToMe Helps Businesses Improve Customer Engagement and Grow Revenue

Connected commerce solutions supporting digital payments, customer engagement and business growth. PALO ALTO, CA, UNITED STATES, November 5, 2026 /⁨EINPresswire.com⁩/ -- PayToMe.co today announced continued expansion of its connected commerce …

TCMS selects Tribe Payments as its acquirer processing partner for Asia-Pacific

Hong Kong-based merchant acquirer partners with Tribe to scale its acquiring business into Singapore and across the region SINGAPORE, SINGAPORE, November 2, 2026 /⁨EINPresswire.com⁩/ -- TCM Solutions Limited (TCMS), a Hong Kong-based merchant …

Brosix Releases Version 6.0 for Windows, macOS, and Linux, Adding New Featuresd, and Cross-Device Audio and Video Calls

The major update also introduces a Media Library, an improved Screenshot tool, and support for 32 interface languages. WILMINGTON, DE, UNITED STATES, November 5, 2026 /⁨EINPresswire.com⁩/ -- Brosix, the private team messaging platform for small …

Constant AI Launches Delinquency Shield to Keep Members From Rolling 60 Days Past Due

One in four credit unions over $500M in assets set aside more for loan loss reserves than they earned in the first half of 2026. PORTLAND, ME, UNITED STATES, November 5, 2026 /⁨EINPresswire.com⁩/ -- Constant AI, the AI agent platform for loan …

FMSI Adds Pulse AI Analytics and Surveys to RelationshipOS for Banks and Credit Unions

Premium add-ons let leaders ask branch performance questions in plain language and link real-time member feedback to each visit, branch, and staff member SALT LAKE CITY, UT, UNITED STATES, November 5, 2026 /⁨EINPresswire.com⁩/ -- FMSI, which …

Axio BioPharma and Shimadzu Collaborate to Advance AI-Guided Cell Culture Media Optimization

Combines Shimadzu’s CellTune Ver.2 and Media Blending Kit with Axio BioPharma’s lab capabilities to optimize antibody expression. MADISON, WI, UNITED STATES, November 5, 2026 /⁨EINPresswire.com⁩/ -- Axio BioPharma, a biomanufacturing technology …

bookskeep Issues Profitability Checkpoints After Seller Survey Shows Margin Gap

Four month-end reporting questions help ecommerce brands examine what growing sales leave behind before committing cash to inventory and expansion HARRISON, AR, UNITED STATES, November 5, 2026 /⁨EINPresswire.com⁩/ -- bookskeep is issuing four …

FirmTape Opens Its Second-by-Second SPX Dealer Positioning Terminal to Futures Traders and AI Agents

Dealer hedging levels rebuilt from the full options tape every second for SPX, ES, NQ, RTY and 139 tickers, with every finished session free to replay. SAN FRANCISCO, CA, UNITED STATES, November 5, 2026 /⁨EINPresswire.com⁩/ -- FirmTape, an options …

Finance Companies Expand Access to Affordable Financing Solutions in Hickory, NC

Hickory residents explore flexible lending options to manage household expenses, planned purchases, and changing financial needs with greater confidence. HICKORY, NC, UNITED STATES, November 5, 2026 /⁨EINPresswire.com⁩/ -- Financing continues to …

Legal Automation Platform Appara Now Integrates with Clio

New integration connects conveyancing workflows with matter management, billing, and trust accounting VANCOUVER, B.C., CANADA, November 5, 2026 /⁨EINPresswire.com⁩/ -- Appara, the all-in-one ecosystem for modern legal professionals, is proud to …

OWASP OASIS Welcomes 1000 New Members to Community, Launches Grassroots Movement to Secure Open Source Software

SAN FRANCISCO, CA, UNITED STATES, November 5, 2026 /⁨EINPresswire.com⁩/ -- Today, OWASP OASIS, the global AppSec community dedicated to securing the open source software the world relies on, announced that 1000 members have joined the initiative …

Richard Estrella Turned Military Service Into Business Leadership

How an Army veteran helped build an insurance franchise system rooted in discipline and purpose MIAMI, FL, UNITED STATES, November 5, 2026 /⁨EINPresswire.com⁩/ -- This Veterans Day, Estrella Insurance spotlights Vice President and Director of …

NYS Dept of Veterans’ Services Celebrates Veterans Month with "Veterans Mean Business" Event on VA Home Loan Benefits

Free Nov 17 Virtual Event Will Help Veterans, Service Members, Military Families, and Real Estate Professionals Better Understand VA Home Loan Benefits ALBANY, NY, NY, UNITED STATES, November 5, 2026 /⁨EINPresswire.com⁩/ -- In celebration of …

C2 Systems and LenderSquared Partner to Expand Commercial Lending Intelligence

C2 will offer commercial lender prospecting as a standalone solution and bring AI-enhanced benchmarking insights into Covalent underwriting workflows COLLEYVILLE, TX, UNITED STATES, November 5, 2026 /⁨EINPresswire.com⁩/ -- C2 Systems, LLC, …

Creatio Celebrates Award-Winning AI Solutions at Agent Arena Finale

Six-week training program helped participants develop practical Creatio AI Studio skills, with 11 teams applying their learning to build working AI agents BOSTON, MA, UNITED STATES, November 5, 2026 /⁨EINPresswire.com⁩/ -- Creatio, an AI CRM and …