The Executive Director of MicroFinanza Rating, Aldo Moauro, will be participating as panellist to the China International Microfinance Summit which will be held during the 29th of November – 1st December 2016 in Beijing, China. The summit will gather microfinance practitioners, regulators, associations, experts, and international players to exchange innovative ideas and thoughts- related to microfinance and financial inclusion. The theme of the summit is “Openness and Integration”, which will cover the popular topics such as financial inclusion, microcredit, rural finance, cooperative finance, internet finance, and Fintech etc. For more information on the conference, please visit the page of China Association of Microfinance (CAM).
MFR is announcing that, after 5 years from the last assignement, it will be back in Palestine to conduct a Social Rating and a Microfinance Institutional Rating for Faten, the largest MFI in the country. This is an important step in the microfinance market of Palestine, as there haven’t been any ratings in the region from any rating agency since 2011.
Faten is a national non-profit organization in Palestine, and it is considered a prominent leading enterprise, providing diversified and sustainable financial services to entrepreneurs and small/micro enterprises, leveraging on technology to contribute to the empowerment of the family and the development of Palestinian society.
Prior to working with Faten, MicroFinanza Rating conducted other assignments in Palestine for main MFIs in the sector, including Asala and UNRWA, a United Nations project for Palestinian refugees.
The onsite mission, starting on the 16th of November, will last one week and the assignment will be concluded in January 2017.
Within the partnership with Jaїda, a funder of MFIs in Morocco, MFR has successfully completed the last out of three Microfinance Institutional Ratings. The project, including three MIRs for Moroccan MFIs (Al Karama, INMAA and ATIL), strengthens our leading position in the Moroccan microfinance sector as well as our relationships with key actors in the country.
For more information on Jaїda, please visit their website .
MicroFinanza Rating is proud to announce that Banco Popular – Honduras - is certified in Client Protection. Banco Popular has demonstrated compliance with all the Certification standards derived from the seven client protection principles.
With Banco Popular MicroFinanza Rating achieves 30 certifications conducted worldwide since 2013 and further confirms its positioning as market leader in the sector. MicroFinanza Rating has been operating in 50 countries and is recognized as a key player by microfinance sector leaders in conducting various evaluation services that actively contribute to enhance client driven financial inclusion.
The close client relationships with many of the markets’ top Financial Institutions establishes MicroFinanza Rating as a reputable certifier that aims at strengthening FIs' capacity to serve clients worldwide in a responsible manner and this confirms our commitment to create value for the whole industry.
MicroFinanza Rating announces today that FUBODE – Fundacion Boliviana para el Desarollo – is certified in Client Protection. FUBODE has demonstrated compliance with all the Certification standards derived from the seven principles of client protection.
FUBODE has always worked to enhance its social performance for benefitting the most vulnerable population in Bolivia. As an example of FUBODE commitment, the financial institution obtained in 2015 A- grade for MicroFinanza Rating Social Rating.
Sixty-five global institutions, including FUBODE in Bolivia, have been certified since the campaign’s launch, with a global outreach of over 34 million clients.
For further information on FUBODE, please visit their website.
MicroFinanza Rating, Client Protection Certifier licensed by the SMART Campaign, is glad to announce that Opportunity International (OI) Colombia has been certified in Client Protection.
OI Colombia has met all the standards needed to treat their clients with adequate care and has been added to our list of certified organizations. The mission of OI Colombia is empowering the disadvantaged and socially excluded in Colombia, providing access to financial services and training to achieve transformation of client’s lives, their families and communities.For more information on OI Colombia, please visit their website.
OI Colombia is the third Opportunity International affiliate, together with ASKI Philippine and Opportunity Bank Serbia, to be awarded by the Smart Campaign and MicroFinanza Rating. Further information on the network social performance are now available in the newly released Opportunity International Social Performance Report 2016.
The certification demonstrates MicroFinanza Rating's positioning as leading and reputable certifier that aims at strengthening FIs' capacity to serve clients worldwide in a responsible manner.
MicroFinanza Rating is participating in the XVI Forum Ecuadorian de Microfinance (Foro Ecuatoriano de Microfinazas) organized by the Rural Network (Red Financiera Rural) which will take place in Manta from the 22nd to the 24th of September. The focus of the conference will be: “Innovative strategies in changing environments” (Estrategias Innovadoras en entornos cambiantes). The goal is to provide attendees with arguments and tools which will contribute to the discovering of new techniques, which should improve the value of microfinance services in Ecuador, with a new client oriented approach. For further information, please visit the website.
During the upcoming quarter, MFR’s team will be visiting the following countries: Cambodia, Colombia, Nicaragua, Zimbabwe, Indonesia, Romania, Morocco, Haiti, Pakistan among others.
Moreover, we will be participating to the following events:
MicroFinanza Rating's Senior Director Michela Broseghini, and Senior Analyst Enrique Blanco will be participating today as panelists to the FEPCMAC (Federacion Peruana de Cajas Municipales de Ahorro y Credito) conference.
FEPCMAC is a non-government entity of public law in Peru, responsible of coordinating the activities of all its members nationwide and representing the Municipal Savings and Credit Bank System nationally and internationally.
MicroFinanza Rating is very glad to be part of the event, during which the panel will discuss the great challenge of sustainable agricultural finance and the possibility to support the strengthening of the CMAS through the financing lines of the cooperating sources and / or different technical assistance programs in favor of CMAC.
MicroFinanza Rating, Client Protection Certifier licensed by the Smart Campaign, is proud to announce that BRAC Microfinance is certified in Client Protection. BRAC is the first microfinance provider to make such achievement in Bangladesh.
BRAC, funded in 1972 as a small-scale relief and rehabilitation project, has been recently ranked in the latest NGO Advisor report as the largest nongovernment development organization in the world measured by the number of employees and the number of people it has helped.
BRAC mission is to empower people and communities in situations of poverty, illiteracy, disease and social injustice. BRAC grounds on strong values as innovation, integrity, inclusiveness and effectiveness.
To learn more about BRAC Microfinance program, please visit their website.
Picture taken while conducting Focus Group discussions in Chadiana
Within the framework of the EaSI programme- Phase 2, the European Investment Bank (EIB) has selected the first 9 Institutions that will receive – free of charge - a Microfinance Institutional Rating (MIR) or an institutional assessment. The Microcredit Providers identified are from: Romania (5), Albania (2), Greece, Bulgaria. The first on-site visits will start in October 2016.
MicroFinanza Rating will provide the rating and assessment services under the EaSI Technical Assistance programme.
On the 30th and 31st of August MicroFinanza Rating will be participating as panelist during the 10th annual AITEC Banking & Mobile Money Conference.
The AITEC Banking & Mobile Money Conference will be a benchmark industry gathering to define the future of the region’s financial services sector.
The conference will challenge participants to get back to the basics required for a healthy banking, microfinance and insurance industry. Fintech will be a major focus of the event, but always in the context of broader business strategies for growth, profitability, stability and sustainability.
For more information, visit the AITEC webpage.