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Mexico’s Compartamos Sees More Growth In Micro-Lending – WSJ.com

MEXICO CITY (Dow Jones)–Mexico’s Compartamos SAB (CMPRF, COMPARC.MX) said Wednesday its net profit expanded 12% on the year in the first quarter as the microfinance lender grew its loan portfolio and attracted new clients. Chief Financial Officer Patricio Diez told Dow Jones Newswires that the company is “very satisfied” with the results. Compartamos grew its …

Under-banked willing to pay for BC services in India – MicroSave Report

Under-banked willing to pay for BC services – MicroSave Report Microfinance Focus, May 24, 2011: According to a recent study undertaken by MicroSave, there is a significant demand from under-banked clients for more convenient banking facilities and over 70 percent of the study respondents expressed their willingness to pay for Business Correspondent (BC) services. Sighting …