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ADB extends $300M facility to SIDBI to develop MSMEs

Microfinance Monitor, Feb 26, 2010: The Asian Development Bank (ADB) Board of Directors on Friday approved a sovereign loan of $50 million and a partial credit guarantee of up to…

February 26, 2010 / No Comment / Read More

Microfinance fund gets double the allocation this year at Rs 400 crore

Microfinance Monitor, Feb 26, 2010: Indian Finance Minister Pranab Mukherjee, while presenting the Union Budget 2010-11, in parliament on Friday, announced that the corpus for the Micro-Finance Development and Equity…

February 26, 2010 / No Comment / Read More

Microfinance, Financial Inclusion, NREGA figure prominently in India’s 2010-11 Budget

Microfinance Monitor, Feb 26, 2010: Microfinance, financial inclusion and “Aam Aadmi” figured again in Indian Budget Speech by India’s Finance Minister Pranab Mukherjee. The presentation of budget has doubled allocation…

February 26, 2010 / 1 Comment / Read More