Policy Guidelines for Donor Support to Member-owned Financial Institutions in Rural Sub-Saharan Africa
The Rural Finance Working Group presents the study: “Policy guidelines for donor support to member-owned financial institutions in rural Sub-Saharan Africa”
This study by the Rural Finance Working Group proposes separate policy guidelines for saving groups and financial cooperatives as both require specific expertise. The Rural Finance Working Group was formed under MicroNed and has been led by Terrafina Microfinance.
Paying Taxes to Assist the Poor? Balancing Social and Financial Interests
The report addresses tax avoidance related to inclusive finance and its relevance in the global discussion. In the report the NpM members have agreed that they “should, in principle, invest in the country where the activities take place. Second, NpM and its members hold that there is no justification for profit shifting or the deliberate structuring of companies – including the use of SPVs – with the sole purpose to avoid taxation. Nevertheless, NpM acknowledges that investors may have sound reasons for investing in developing countries through SPVs set up in jurisdictions that are particularly apt for attracting and transferring capital to microfinance entities in developing countries”.
NpM Annual Report 2013
In October 2012 MicroNed and the Netherlands Platform for Microfinance merged into NpM, Platform for Inclusive Finance. 2013 was its first year as the new platform. An important change has been the active shift in focus: from microfinance to inclusive finance.
Find here the first Annual Report of NpM, Platform for Inclusive Finance (2013).
Enjoy your read!