News Details

Magnus Launching Nepal Microfinance Gateway in Mid October

To reflect and leverage enterprise's knowledge-base, expertise and experience in MFI domain, Magnus is launching Nepal Microfinance Gateway, an online portal to assist national and international stakeholders in terms of relevant data and information in the sector. The content will be similar to what Microfinance Information Exchange, The Mix, CGAP's MicrofinanceGateway and Social Performance Task Force provides, but will be scoped down to only Nepal's MFI lanscape.  The portal will further include cooperatives in it as well.  This initiative is supported by Magnus' strategic partners Rural Microfinance Development Center (RMDC) and Nepal Agriculture Cooperative Central Federation Limited. Stay tuned, the portal domain names are, nepalmicrofinance.org and nepalmicrofinance.net.


News & Events

Training participants and trainersOn October 1st, 2010, Magnus completes a five day microfinance training in which participants Women Human Rights (WHR) are trained on microfinance, its institutionalization and processes, ICT implications and accounting. There are roughly 500 groups of single women in the country who are supported by WHR and in the process of institutionalization into microfinance institutes (MFIs).

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Magnus Consulting Group Pvt. Ltd. has built strategic partnership with Nepal Agriculture Co-operative Central Federation Ltd. (NACCF). The partnership is expected to strengthen what Magnus has been doing with rural Small Farmers Cooperatives through its PCP model and BCI strategies.

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Mr. Tikajit Rai writes for MicroFinance Insight, a bimonthly international magazine, a US based MFI knowledge base company. This agreement was reached at recent MasterCard, Grameen Foundation and CGAP funded workshop series that was held in Hyderabad, India, in April, 2010.

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Magnus Consulting Group Pvt. Ltd. wins the MF banking software development project for Sana Kisan Bikash Bank Limited (SKBBL), also known as Small Farmer Development Bank, and starts the six-month long project.

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