Examples of using Microfinance in English and their translations into Thai
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Ecclesiastic
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Ecclesiastic
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Computer
We would insured the loans of a microfinance institution that had provided those loans to about 6,000 farmers in that area, and we called them up and said,"Look, we know about the drought.
While historically we have only partnered with tier one microfinance institutions, our partnership with Maanaveya has enabled us to expand our support of India's microfinance industry by lending to an institution that reaches these smaller and efficient institutions.
The Investments in Microfinance conference held in London in July which was attended by leading investors, microfinance institutions, experts from the private sector, development banks and foundations. The participants shared the latest models being used to manage risk and examined key techniques used to ensure microfinance remains sustainable.
In April, SKS Microfinance completed the country's first listed non-convertible debentures(NCD) by a microfinance institution. SKS Microfinance, which is the fastest growing microfinance institution in the world with more than five million clients, raised INR750 million($15 million) through a one year NCD paying a coupon of 10 per cent.
SIOLA(Stimulation, Intervention, Optimization of Services for Children) is the program that offers play-based education to maximize benefits for early childhood development, healthcare, counselling for young parents and new families as well as microfinance. PTTEP Indonesia has created SIOLA centers in various locations of West Sulawesi, Indonesia.
By the year 2030, it is to be guaranteed that male and female living in poverty have equal rights in terms of economic resources, as well as access to basic services, having ownership and control over the land and other forms of real estate, inheritance, natural resources, new technology and financial services, inclusive of microfinance system.
Servicing socially responsible investors: We introduced a new relationship model for socially responsible investors in the microfinance sector, including multilaterals, bilaterals, microfinance funds and intermediaries that offered our product and network capabilities and helped the investors to access microfinance institutions in Asia and Africa.
We invest in technical assistance initiatives, building on our expertise in governance, risk management and human resources, to share best practices with our microfinance partners. We have also supported research and innovation, promoted industry events and, where possible, helped to influence regulatory policy.
Spandana Sphoorty Financial, India's second largest microfinance institution with more than 2.5 million clients located over nine states, raised INR800 million($16 million) through a one year NCD with a yield to maturity of 10 per cent. Standard Chartered India was the sole book runner and lead arranger for both issues, which are listed on the Bombay Stock Exchange.
A one day Bankers Meet on Microfinance was held in Mumbai in October. Attended by senior bankers, regulatory bodies and policy makers, its objective was to bring together the lending community to share views and concerns, discuss best practices and identify actions that the banking community could take to help develop the sector.
Standard Chartered India co-hosted the 2009 SRIJAN Awards in December. The event, now on its third year, had 300 participants. It recognises innovation in microfinance, and provides a forum for debate on emerging issues. Awards were given in various categories to recognise improved transparency, new technology, client-focused services and new microfinance institutions.
We continued to develop our technical assistance strategy for the microfinance sector, launched in 2008, that shares our expertise in governance, risk management and human resources. Providing technical assistance was a key priority for us this year. Initiatives included thought leadership platforms, conferences, including specially promoted events, and targeted training.
Industry recognition: Our Microfinance Institution Loans for Asia and Africa(MILAA), a $93 million risk participation deal, was awarded the Best Structured Finance Deal in Africa by The Banker. Being selected as one of the deals of the year by this highly influential publication is a clear indication of our leading role in the microfinance sector.
PRIDE Tanzania is one of our partner microfinance clients in Tanzania. We provide term loans and overdraft facilities as well as transaction banking services to PRIDE, which over the past five years have amounted to $7 million. Our funding helps PRIDE to support its microfinance clients providing them with micro loans and business development services.
Modesta is now one of the premium customers at PRIDE's branch in Magomeni, servicing a TZS2 million($1,600) loan. Her success has allowed her to take care of her child, and help other deaf people understand how microfinance loans provide economic empowerment. In accessing the financial system, Modesta has been able to improve the well-being of her family and, as she is quoted saying, is'now a respected woman' in the community.
Microfinance benefits the local community in Tanzania.
Case Study: Microfinance benefits the local community in Tanzania.
Case Study: Expanding boundaries in the India microfinance sector.
That's the tiny kind, right? Um, microfinance.
Ongoing Completed two of the largest debt capital market transactions in the microfinance industry in India.