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Citi celebrates small successes with microentrepreneurship awards
Six microentrepreneurs, two lenders awarded
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MFIs tapping capital market not a good idea: Yunus
The Nobel laureate recommended granting MFIs special micro-credit banking licences to accept deposits
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- Uncategorized
- Tags
- microfinance
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The Smartphone Does It Again: Building Credit Scores For Microentrepreneurs
In 2010, when Shivani Siroya started developing an idea for a new microfinance model, predatory lending practices were changing the way people saw microfinance.
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The experimenters strike back in microcredit research
“GIVE a man a fish”, said Bono, an Irish singer turned philanthropist, “he’ll eat for a day. Give a woman microcredit, she, her husband, her children and her extended family will eat for a lifetime."
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Chamber speaker champions Yunus investing model to ease social problems
Muhammad Yunus has devoted himself to aiding the impoverished. The Bangladeshi economist, known as the father of microcredit and microfinance, continues to search for remedies to the economic woes of Third World nations. The microfinance and microcredit concepts that he pioneered in the 1970s have since moved 20 million families in his native country out of poverty and earned him a Nobel Prize in 2006.
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- Health Care, Impact Assessment
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Indian microfinance bank Bandhan plans to open 600 branches
Microfinance outfit Bandhan Financial Services Ltd., which got a banking licence from the Reserve Bank of India on April 9, is planning to open around 600 branches, its Chairman and Managing Director Chandra Sekhar Ghosh said.
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- South Asia
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Reserve Bank of India May Allow MFIs to Function as Business Correspondents of Banks
However, the move has faced serious opposition from various departments in the central bank.
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- Uncategorized
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- South Asia
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Philippines Using Postal Banks to Advance Financial Inclusion
The Philippine Postal Savings Bank (Postbank) inaugurated Tuesday this week two branches of its Microfinance Banking Office (MBO) or Bangko sa Nayon in Albay alongside the government efforts to pursue inclusive growth particularly on the countryside.
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- Asia Pacific