Archives for Microfinance

Microfinance

World Bank Lending $700m to Morocco to Support “Digital Transformation,” Including Islamic Finance, MSME Finance, Mobile Payment Systems, Angel Investing

The World Bank recently approved loan funding of EUR 611 million (USD 700 million) for the nation of Morocco with the objective of promoting a “digital transformation.” The project will…
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Islamic Microfinance

The microfinance paradox: Costs do not go down as sector expands to include more Jordanians; taxation does not help

Microfinance  in Jordan provides tens of thousands of jobs and can potentially benefit millions of Jordanians still, according to representatives of the sector in the previous article of this two-piece…
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Islamic Microfinance

MICROCAPITAL BRIEF: Islamic Corporation for the Development of the Private Sector (ICD) Lending to Asaka, Asia Alliance Bank for Shariah Finance in Uzbekistan

Two Uzbekistani joint-stock commercial banks, Bank Asaka and Asia Alliance Bank, recently signed memoranda of understanding with the Islamic Corporation for the Development of the Private Sector (ICD), a member…
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