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Has microfinance lost its moral compass?
The industry that provides financial services for people on low-incomes and without access to traditional banking services is morally reprehensible according to new research from The University of Manchester.
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- Uncategorized
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4 tips to implementing effective and efficient microfinance programs
Despite being in place for more than 20 years, microfinance has yet to achieve its full potential, some experts suggest.
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- Uncategorized
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Can crowdfunding help finance the ‘missing middle?’
What does a social business do when they don’t have a rich uncle to help them go from microenterprise to a small- or medium-sized enterprises? The answer may be crowdfunding.
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- Uncategorized
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- crowdfunding, microfinance
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India’s MFIs shift focus to urban areas
Microfinance institutions (MFIs), which evolved as precursors of the rural thrift credit market in India, are now shifting to urban areas, with big slums in cities turning out to be cost-effective markets over small villages in far-flung locations.
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- Uncategorized
- Region
- South Asia
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- microfinance
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Y Combinator Nonprofit Zidisha Changes Microfinance Equation
The nonprofit says it has figured out a way of getting a 90% repayment rate on business loans to the types of people no financial institution would trust–young people in poor African countries without as much as a permanent address.
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- Uncategorized
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- lending, microfinance
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Rwanda: Microfinance Sector Soldiers On Despite Burden of Bad Loans
Sector experts say there is an urgent need to address challenges facing MFIs, especially by empowering the sector to enhance its capacity and performance.
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- Uncategorized
- Region
- Sub-Saharan Africa
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Microfinance as a panacea to Nigeria’s unemployment challenge
As credit plays vital role in start-up and expansion of businesses, microfinance has been treated as an important tool for economic development.
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- Uncategorized
- Region
- Sub-Saharan Africa
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- employment, microfinance
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In India, 50% of microfinance institutions could convert to banks, says regulatory body CEO
About half of the Microfinance Institutions Network’s 49 members could follow in the footsteps of Kolkata-based Bandhan and convert themselves into banks in the next couple of years, according to a top official.
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- Uncategorized
- Region
- South Asia
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