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MFInsights

  1. Three Korean banks launch microcredit business centers; Samsung opens microcredit bank. The Korea Times reports.
  2. RT @MicroCapital Intellecap’s 2009 Srijan Awards Go to Arohan, Grama Vidiyal, Sahayata Microfinance, Vortex Engineering http://bit.ly/5eORDc
  3. Read Vijay Mahajan's key address at #Srijan http://bit.ly/8bjwZ5
  4. Summary of the 3 panel discussions at #Srijan is up! Read them on our blog... http://bit.ly/8bjwZ5
  5. #Srijan: In 2012, we'll have no excuse for not having universal financial inclusion. But don't confuse FI with poverty alleviation. VM
  6. #Srijan: Diversify. Go beyond credit to Insurance and remittances. And, if RBI allows, provide deposits and savings services. Vijay Mahajan
  7. #Srijan: Need to branch out to other services - Remittances - are one of the most useful services that can be offered. Vijay Mahajan
  8. #Srijan: We need to get out of the mono-product industry. Vijay Mahajan
  9. #Srijan: Borrowers aren't complaining about MFIs' high rates. It's the self-appointed benefactors of the poor that are. Vijay Mahajan
  10. #Srijan: There's no place anymore where you can live without money. The entire economy is monetized - Vijay Mahajan
  11. #Srijan: The govt has played the vital role of protector, promoter and provider. But what the MF sector needs is one single regulator.
  12. #Srijan: MFIs, not by design but by circumstance have concentrated on only giving loans. People also need other financial services.
  13. #Srijan: It’s not about IPOs or chasing growth. Focus first on Asset Quality.
  14. #Srijan: When you look at microfinance 10 years down the line, the survivors will be the ones with the best credit controls.
  15. #Srijan: MFIs are realizing the mistakes of the past and are now rallying round to put corrective measures in place.
  16. #Srijan: Just because we deal with the great unwashed population, the portfolio doesn't become subprime.
  17. #Srijan: Don't mean to sound alarmist or use the "bubble" word, but there's an element of irrational exuberance in Indian microfinance
  18. #srijan: Only the strong, transparent, tech savvy MFIs will survive.
  19. RT @SeaMoMicro: SafeSave: #microfinance in Bangladesh with a focus on savings and non-commercial loans http://tinyurl.com/yh5w86t via BBC
  20. RT @ekonaLINKS: Oikocredit Partner to Offer Microfinance Pricing Transparency Data in Africa @http://www.ekonalinks.com/?p=1491