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News

Coronavirus Impact: MFIs Feel There Will Be Pent-Up Demand for Loans After Lockdown Ends

MFIs are hopeful of bouncing back as the stakeholders feel there will be pent-up demand for loans after the lockdown restrictions are lifted.

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List of Digital Lenders Denied CRB Access by Central Bank of Kenya

The question that people have right now is: Which lenders were denied access to the CRBs by the Central Bank?

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Microfinance Industry Groups Seek PM Modi’s Help to Secure Repayment Moratoriums on Term Loans

Both Sa-dhan, India's largest microfinance industry body with 212 members, and Microfinance Institutions Network (MFIN), the industry grouping for NBFC-MFIs, have separately urged the prime minister to take action.

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Microfinance Industry Most Vulnerable to Lockdown and Moratorium

As first order impact, collection cycle may be hit, while lack of moratorium-relief from banks may squeeze out liquidity

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RBI May Announce Separate Credit Line to Rescue MFIs

MFIs, like other financial institutions, are in a fix over whether they can avail of the moratorium benefit on term-loan repayments given to all borrowers

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Toronto Centre Panel Examines COVID-19: Supervising the New Normal

Using stablecoins to facilitate financial stability and inclusion in unprecedented times.

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CBN NGN50 Billion Facility for Households & MSMEs in Nigeria

In March 2020, the Central Bank of Nigeria released Guidelines for the Implementation of the NGN 50 Billion Targeted Credit Facility aimed at providing succor to households and MSMEs that have been adversely affected by COVID-19.

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Cooperatives and Sse Enterprises Respond to COVID-19 Disruptions, While Governments Are Also Starting to Integrate Them in Their Measures

While some governments have begun to integrate cooperatives, their members, workers and the wider SSE in their emergency response strategies, there is still room for growth.

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Philippines: Landbank Offers Loan Package to Help Small Firms Recover

Landbank’s lending program dubbed I-RESCUE provides credit and loan restructuring, the state-run lender said in a statement on Wednesday.