One of the big questions in Ottawa’s recent decision to merge the Canadian International Development Agency (CIDA) with the Department of Foreign Affairs and Trade surrounds the future of CIDA’s microfinance programs. Will the mandate of Canadian commercial interests spell the end of Canada’s publicly-funded microfinance initiatives?
SocialFinance.ca is proud to present live coverage of the second event in the Aga Khan Foundation Canada's series of Seminars on Innovative Financing for Development. Join our liveblog here on Tuesday, April 30.
For as long as she could remember, Naomi wanted to run her own business. Inspired by awful gluten free food, she began to operate a small gluten free bakery that soon became a full time occupation after she lost her day job. She realized that for her business to become her primary source of income, she would need to both scale operations up and reduce her costs.
One of the lessons that we learned from the global financial crisis is that when you expose vulnerable borrowers to unprincipled lenders, the results can be disastrous. In response to incidences of exploitation by microfinance institutions, the Centre for Financial Inclusion launched the Client Protection Certification Program in January 2013 to recognize financial institutions that meet adequate standards of care in how they treat their clients.
SocialFinance.ca produces a regular round up featuring social finance related news, insights, job openings, and events. We source the content for these round ups from Twitter, an RSS reader, and directly from our community of social finance practitioners. Below is our round up for the week of February 12, 2013.