Tag Archives: MFC Member

North Macedonia: “Readiness for Digitalization in Microfinance – Challenges and Trends in the Region” Forum Summary

  On May 12/13, 2019, in  Ohrid, North Macedonia the Alliance of Microfinance Organizations and the USAID’ Microfinance Innovation and Inclusion Project hosted the fourth regional microfinance forum “Readiness for digitalization in microfinance – Challenges and trends in the region”. The forum was attended by 48 CEOs and officers from different departments from 18 microfinance organizations from North Macedonia, Albania, Montenegro, ...

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FINCA Armenia: Leveraging Innovation and Technology for Faster and More Convenient Lending

FINCA Armenia (MFC member) announced the launch of a new tablet-based lending system. The tablet-based system will make the lending process faster and more efficient and is consistent with FIF’s “touch tech” service delivery model that leverages digital technology to better serve clients. Founded in 1999, FINCA Armenia has become a leader in the armenian microfinance market by providing innovative ...

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Microfinance Associations’ Summit during MFC Annual Conference 2019

Date: 29 May 2019 Location: Istanbul, Turkey Pre-conference event  MFC Annual Conference 2019 The Microfinance Associations’ Summit provided an opportunity for representatives from national microfinance associations to share experiences about MFI’s digitalization in their respective countries, discuss the role associations can play in supporting their members. Participants discussed opportunities, challenges and solutions related to digitalization of microfinance institutions. The meeting was attended by: ...

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Ard Credit, MFC Member from Mongolia, Raises $5M from the Japanese Market

Ard Credit entered into a financing agreement with Crowd Credit of Japan for USD5 million in local currency. Ard Credit will mobilize these funds for expansion of its operations nationwide through its new banking app. Crowd Credit provides debt capital to peer-to-peer lending platforms, balance sheet lenders, microfinance institutions, leasing/factoring originators or infrastructure, renewable, development projects through its crowdfunding platform ...

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Welcome to MFC New Members: ARD Credit, First MicroFinance Company and Mikro Kapital

We are pleased to welcome and introduce three new MFC members: Ard Credit NBFI JSC is a publicly listed non-bank finance company, licensed by the FRC. It is a flagship of Ard Financial Group – a full-service financial holding company. Ard Credit was set up in April 2011 with the goal of providing access to inclusive financial services to Mongolians by leveraging the potential of ...

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Frankfurt School’s Development Finance e-Campus Programmes Discounted for MFC Members

Registrations for the March 2019 intake of the Frankfurt School of Finance & Management development finance certification courses are extended and discounted for MFC members! Development Finance plays a key role in alleviating people from poverty. With 25 years of work experience in this sector, Frankfurt School shares this experience with you via the FSDF e-Campus, which provides excellent and internationally accredited online Certified ...

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MFC Member Software Group with an Innovation Award from the European Investment Bank

Software Group, the MFC member from Bulgaria, was recognized as one of the most innovative tech companies in Europe by the European Investment Bank (EIB). The company received an Innovation Award during the 2nd annual EIB Venture Summit in Luxembourg. Software Group was selected due to its constant work for driving innovation through providing cutting-edge digital solutions in the financial sector. The EIB’s ...

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Galt&Taggart Has Successfully Issued Crystal’s GEL 15 Million Corporate Bonds

Galt&Taggart announced the issuance of GEL 15 million corporate bonds by Crystal (MFC member), financial inclusion organization, which mature on March 2021. The annual coupon rate has been set at 4% over the National Bank of Georgia’s monetary policy (refinancing) rate. Crystal is the first non-banking financial institution in Georgia and the region, which was assigned a credit rating ‘B’/Stable ...

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Welcome to New MFC Member: Maha Agriculture Microfinance from Myanmar!

We are pleased to introduce our latest MFC Member: Maha Agriculture Microfinance from Myanmar! Maha Agriculture Microfinance  provides financial services to the unbanked in Myanmar, with a focus on households in rural areas of the country. Present in 8 divisions/states throughout Myanmar with 32 branches and a workforce of 180 staff, Maha is committed to supporting Myanmar farmers, Vendor and MSME ...

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User Experience & Innovation Trends for Financial Institutions by Fram Fintech

We are pleased to introduce our latest MFC Member: Fram Fintech Solutions, a UX design and digital marketing company focused on financial sector. Fram Fintech Solutions’ mission is to help financial companies improve the usability and design of their products, leading to higher profits for their business. Have you notised the Microfinance Centre’s new website design, launched late last year? ...

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