Microfinance Industry Newswire

Baobab Microfinance reaffirms commitment to improving Nigerians well-being

…distributes 500 sanitary pads to schoolgirls in Kwara Baobab Microfinance Bank has distributed 500 sanitary pads to schoolgirls in Kwara State as part of the first phase of its Menstrual Hygiene Awareness Project, reaffirming its commitment to improving …

IIFL Finance Says Co-Lending Can Accelerate India’s Last-Mile Credit Delivery

PRNewswire Mumbai (Maharashtra) [India], July 7: IIFL Finance today said co-lending partnerships between banks and non-banking financial companies (NBFCs) can play a transformative role in expanding affordable formal credit to underserved borrowers, …

Cambodia: World Bank’s IFC Rejects Microfinance Harm Findings

The World Bank’s International Finance Corporation (IFC) rejected its ombudsman’s findings about harm related to investments in Cambodia’s microfinance sector, failing a critical test of accountability, Human Rights Watch said today. In its response, …

The history of loan funds & microfinance in 19th century Ireland

Analysis: By the 1840s, Ireland had one of the densest networks of microfinance institutions in the world to help people adapt to economic change By Eoin McLaughlin, Heriot-Watt University There is increasing concern over the impact that generative AI will …

Baobab Microfinance Bank leads menstrual hygiene intervention in Ilorin schools

In Nigeria, period poverty is silently pushing girls out of classrooms every single month. Baobab Microfinance Bank just made a move to change that narrative, starting in Ilorin. Let's be honest: menstrual health is still a topic many people would …

KWFT reopens Nanyuki branch to expand access to finance for women

KWFT managing director Rose Muyanga and Laikipia County Development Authority CEO Margaret Nyawira during the official reopening of the KWFT Nanyuki Branch /HANDOUTKENYA Women Microfinance Bank (KWFT) has reopened its Nanyuki branch, as it seeks to …

Meet the new faculty members joining MIT Sloan in 2026

Debiased machine learning, the currency of invoicing, and training good models with bad data: Meet the seven new experts bringing their knowledge and skill sets to the MIT Sloan School of Management. Clem Aeppli, Assistant Professor of Work and …

In Defence of Akara and Kulikuli: Why empowering women at grassroots is real economic policy, by Tunde Rahman

In recent weeks, Nigeria’s First Lady, Senator Oluremi Tinubu, has come under attack for her Akara and Kulikuli Women Empowerment Programme under the Renewed Hope Initiative. The criticism ranges from the downright cynical to the patronising: “Why akara?” …

Baobab Tackles Period Poverty, Supports 500 Schoolgirls

Baobab Microfinance Bank has successfully concluded the first phase of its Menstrual Hygiene Awareness Project in Ilorin, Kwara State, reaffirming its commitment to improving the well-being of communities through impactful social interventions. As part of …

IFC, Bangladesh MRA delegation visits SAFCO

HYDERABAD  -  A high-level delegation from the International Finance Corporation (IFC), a member of the World Bank Group, and the Microcredit Regulatory Authority (MRA) of Bangladesh visited SAFCO Microfinance Company (Private) Limited (SMCL) to study …

Historic microfinance reforms: All rural banks transition to community banks in radical sector overhaul

By Clement APEBUGA In a decisive move to fortify Ghana’s tier-1 to tier-4 financial ecosystems, the Bank of Ghana (BoG) has announced the complete transition of all Rural and Community Banks (RCBs) into a unified Community Banking Sector, effective 31st …

Galaxy Backbone woos banks after CBN directive

The Federal Government-owned Galaxy Backbone has intensified efforts to attract banks, fintechs and other financial institutions to its digital infrastructure services following the recent directive by the Central Bank of Nigeria requiring payment …

When an industry teaches humanity: life lessons from collapsed microfinance companies

I worked with the Ghana Association of Microfinance Companies for eight years. During that time, I gained valuable knowledge in finance, risk management, leadership, social performance, and customer relations. One day, however, the Secretariat received …

Gold overtakes vehicle loans as top securitised asset class in Q1FY’27: CRISIL

Gold loans emerged as the largest securitised asset class in the April-June quarter of the current fiscal, overtaking vehicle loans in the country’s securitisation market, a report said on Monday. Securitisation, a process through which lenders pool loans …

Universities move toward new ‘micro-credit’ system

ANKARA Türkiye’s Council of Higher Education (YÖK) will introduce a new “micro-credit” system next year, allowing knowledge, skills and certificates gained outside universities to be officially recognized within the academic system for the first time. …

Omoniyi Salami Colloquium: Political leaders, businessmen, others storm Kaduna

Prominent political leaders, business executive, academics, traditional rulers, religious stakeholders, and development professionals converged in Kaduna for the maiden edition of the Omoniyi Salami colloquium, a one day national dialogue dedicated to …

Q1 results preview: NBFCs likely to report healthy earnings on strong loan growth, stable asset quality

NBFC NBFCs are expected to report around 16% loan growth and 26% profit growth in Q1FY27, supported by strong demand across lending segments. Housing finance, vehicle finance and diversified lenders are likely to maintain healthy growth, although margins …

Local business roundup: Lodi networking mixer to highlight microloan program for small businesses

Entrepreneurs, small business owners and community members are invited to attend the Lodi Networking Mixer from 8:30 to 10 a.m. Wednesday, July 15, at Trail Coffee Roasters, 217 N. School St., Lodi. The event will showcase the City of Lodi’s Hometown …

Farmer’s death sparks protest outside microfinance office in Malavalli

NJ Ayuk’s ‘Crude Oil: Power, Turnaround and Transformation in Angola’ Reaches Top 3 in Amazon New Releases

NJ Ayuk’s latest book examines Angola’s evolving energy sector and recent policy reforms. JOHANNESBURG, SOUTH AFRICA, July 8, 2026 /⁨EINPresswire.com⁩/ -- Crude Oil: Power, Turnaround and Transformation in Angola, the latest book by NJ Ayuk, …

DOZENS OF BHHS NEW ENGLAND/NEW YORK/HUDSON VALLEY PROFESSIONALS EARN NATIONAL RECOGNITION IN REALTRENDS VERIFIED

84 individual agents and 21 teams rank among the nation’s top-performing real estate professionals; four agents place among Connecticut’s Top 50 HARTFORD, CT, UNITED STATES, July 8, 2026 /⁨EINPresswire.com⁩/ -- Berkshire Hathaway HomeServices ( …

Enlighten Clinical Solutions Selected to Showcase and Present at AAO 2026 Innovation Hub

Selected for the prestigious AAO 2026 Innovation Hub, Enlighten Clinical Solutions will showcase technology advancing clinical research. ATLANTA, GA, UNITED STATES, July 8, 2026 /⁨EINPresswire.com⁩/ -- Enlighten Clinical Solutions, a clinical …

LAGO Closes New Financing Deal in Consumer Sector for Cleveland Kitchen

CHICAGO, IL, UNITED STATES, July 8, 2026 /⁨EINPresswire.com⁩/ -- LAGO, a premier lower middle market focused alternative investment platform, announces it has closed a financing round for Cleveland Kitchen — the fastest-growing and #1 fermented …

Homeowners Are Choosing to Sell Home Fast for Cash in SLC Amid Changing Housing Market Trends & Rising Inventory Levels

Homeowners Choosing to Sell Homes for Cash in SLC as Changing Housing Market Trends and Rising Inventory Levels Continue to Influence Home Selling Decisions. SALT LAKE CITY, UT, UNITED STATES, July 8, 2026 /⁨EINPresswire.com⁩/ -- As the Salt Lake …

Welligence Energy Analytics se une a la Venezuela Energy Week como su Socio de Inteligencia Estratégica

CARACAS, VENEZUELA, July 8, 2026 /⁨EINPresswire.com⁩/ -- Welligence Energy Analytics, líder del sector en inteligencia y análisis global del sector upstream, se ha unido a la Venezuela Energy Week (VEW) 2026 como socio oficial de inteligencia estratégica. …

Citizens Property Insurance Corporation Selects GhostDraft to Modernize Document Management

WILMINGTON, DE, UNITED STATES, July 8, 2026 /⁨EINPresswire.com⁩/ -- GhostDraft (www.ghostdraft.com), a leading provider of document management technology designed for insurance, announced today that Citizens Property Insurance Corporation (www. …

Vermilion Cliffs Ventures Raises $25M Second Fund for Technical Founders Building AI Infrastructure and Dev Tooling

AI infra pre-seed and seed firm closes Fund II with over 95% of Fund I capital re-invested, anchored by LGT Capital Partners, Screendoor, and GEM SAN FRANCISCO, CA, UNITED STATES, July 8, 2026 /⁨EINPresswire.com⁩/ -- Vermilion Cliffs Ventures, the …

Newpoint Advisors Corporation Finds 35% Surge in Small Business Bankruptcies With Distress Across Nearly All Industries

Construction leads filings while post-COVID default trends show no signs of slowing BRENTWOOD, TN, UNITED STATES, July 8, 2026 /⁨EINPresswire.com⁩/ -- Newpoint Advisors Corporation, a North American financial advisory firm released new findings …

REFINERY CALCULATOR INC’S HYDROGEN DATA NOW AVAILABLE ON ICE

Refinery Calc expands access to hydrogen pricing, refinery optimization intelligence, and carbon analytics through ICE’s global market data infrastructure. HOUSTON, TX, UNITED STATES, July 8, 2026 /⁨EINPresswire.com⁩/ -- Refinery Calculator Inc …

Congo Energy & Investment Forum 2027: positionner Brazzaville comme un hub mondial des transactions énergétiques

BRAZZAVILLE, CONGO-BRAZZAVILLE, July 8, 2026 /⁨EINPresswire.com⁩/ -- La République du Congo accueillera la deuxième édition du Congo Energy & Investment Forum (CEIF) du 1er au 3 juin 2027 au Centre international de conférences de Kintélé, sous le haut …

Eltropy Opens Its Agentic AI Platform to Fintechs with New Early Access Program

Through its new Early Access Program, Eltropy gives fintech builders a faster path from idea to deployed agent for credit unions and community banks SANTA CLARA, CA, UNITED STATES, July 8, 2026 /⁨EINPresswire.com⁩/ -- Eltropy today opened …

Ekmel Çilingir: Stablecoins Are Outpacing CBDCs in the Race for Digital Money Adoption

Ekmel Çilingir: Stablecoins Are Outpacing CBDCs in the Race for Digital Money Adoption VILNIUS, LITHUANIA, July 8, 2026 /⁨EINPresswire.com⁩/ -- Ekmel Çilingir, Chairman of the Supervisory Board at EMBank, has recently published a new thought …

New 2026 Benchmark Maps AI Customer Service Performance Across Six Industries: Resolution, CSAT, and Cost Per Resolution

Aissist.io study across six industries and 40+ sources puts vendor headline resolution rates at 67–90% and estimates CSAT of 78 MOUNTAIN VIEW, CA, UNITED STATES, July 8, 2026 /⁨EINPresswire.com⁩/ -- San Jose, CA, UNITED STATES, [July 5th, 2026] -- …

NJ Ayuk’s New Book Examines Angola’s Oil Sector Reform and Investment Strategy

A new book by NJ Ayuk examines how Angola has used policy reform, upstream investment and political leadership to reshape its oil and gas sector. JOHANNESBURG, SOUTH AFRICA, July 8, 2026 /⁨EINPresswire.com⁩/ -- African Energy Chamber Executive …

Welligence Energy Analytics Joins Venezuela Energy Week as its Strategic Intelligence Partner

Leading energy analytics firm Welligence will provide market insight and data-driven expertise at Venezuela Energy Week 2026 CARACAS, VENEZUELA, July 8, 2026 /⁨EINPresswire.com⁩/ -- Welligence Energy Analytics, an industry leader in global …

Mayfield Hotels Reports 18.4% Revenue Increase 2026 YTD

Mayfield Hotels grew revenue 18.4% YTD 2026 via AI pricing and labor automation, outperforming a stressed midscale segment across US/UK markets. CASPER, WY, UNITED STATES, July 8, 2026 /⁨EINPresswire.com⁩/ -- Mayfield Hotels, an independent …

Ausable Funds Celebrates 250 Years of American Exceptionalism

Veteran-owned firm encourages all Americans to maximize and exercise their God given rights MIAMI, FL, UNITED STATES, July 8, 2026 /⁨EINPresswire.com⁩/ -- Ausable Funds International, LLC (“Ausable Funds”), a newly formed mutual fund company owned …

After Decades of Financial Advice, Atlanta Firm Invests in Child Care

Henssler Financial partners with TOOTRiS to provide parents up to $625 per month in Child Care support and access to real-time care options across Atlanta ATLANTA, GA, UNITED STATES, July 8, 2026 /⁨EINPresswire.com⁩/ -- For nearly 40 years, …

Iter Opus Accepted into Launch NY Program as It Advances Levii Toward Beta Release

This relationship strengthens Iter Opus’ investor readiness as Levii progresses toward early market implementation. ROCHESTER, NY, UNITED STATES, July 8, 2026 /⁨EINPresswire.com⁩/ -- Iter Opus Corporation, a Rochester-based technology company …