Tag archives for microfinance loan
SBP increases loan limits, expands relief measures for microfinance borrowers
he State Bank of Pakistan (SBP) announced on Monday sweeping increases in the limit for housing microenterprise loans, as well as income eligibility, in a bid to promote low-cost housing…
Global microfinance needs a fresh look
The coronavirus pandemic has thrown the microfinance sector off-kilter and made the road to recovery for an already besieged sector longer and harder. COVID-19 has inflicted the greatest pain on…
State Bank revises regulations for microfinance banks
The State Bank of Pakistan (SBP) on Thursday revised a range of regulations for microfinance banks such as up-scaling maximum loan sizes upto Rs350,000 for general loans and Rs3,000,000 for…
International Islamic Trade Finance (ITFC) Launches Trade Development Fund (TDFD) to Support Intra-Organisation of Islamic Cooperation (OIC) Trade Initiatives
The International Islamic Trade Finance Corporation (ITFC) (), member of the Islamic Development Bank (IsDB) Group, has launched a new Trade Development Fund (TDFD) with an initial target capital of…
Ghana’s Microfinance’s Biggest Challenges: Any Hope For The Future?
The Ghanaian microfinance sector has had its fair share of challenges in recent times- challenges that seem to have lacerated its existing wounds and has hence, unfortunately, incited some loss…
Financial Inclusion through Islamic Microfinance for Economic Growth
"An Exclusive Interview with Roshaneh Zafar- Founder and Managing Director, Kashf Foundation " Brief description of you and your organization. I am an economist by training and studied finance and economics…
‘Govt needs to support microfinance banks to serve as growth catalyst’
Microfinance is supposed to drive the growth of small and medium enterprises (SMEs), but that is just one side of the story. If somebody is going to drive the growth…
Parliament declares unjust distribution of Zakat fund
The Parliament on Monday declared that Ministry of Islamic Affair's distribution of the Zakat fund in 2020 was unjust. Initially found to be distributed unfairly by the Parliament's Committee on…
Cambodia: Micro-Loan Borrowers Face Covid-19 Crisis
Debt relief measures by micro-loan providers in Cambodia are failing to alleviate the serious financial burdens on indebted families affected by the Covid-19 pandemic, Human Rights Watch said today. Indebted families risk…
Organization of Islamic Cooperation fund approves 11 projects in 8 member states
The secretary-general of the Organization of Islamic Cooperation (OIC), Dr. Yousef Al-Othaimeen, has approved funds for 11 projects in eight member states. It is part of the support provided by…