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In a first, MFI customers to be given credit scores
For the first time in India, a credit bureau is offering scores to help understand the credit profile of microfinance customers.
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Big banks see rich opportunities in world’s poorest
When the Afghan government used mobile phones instead of cash to pay some of its policemen, the officers thought they'd just had a 30 percent pay rise. In truth, they had just been paid the full amount, with nothing skimmed off by middlemen, for the first time.
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Accion International urges India’s Reserve Bank to allow financial access to the physically disadvantaged
"People with disabilities should get financial access, organisation should not be discriminated against. The issues has to do with physical conditions and discrimination of specific conditions." - Accion International Managing Director
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- South Asia
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Microfinance has failed in India: Jairam Ramesh
"Microfinance 1.0 has failed. It was not the miracle it was touted to be," said Union rural development minister Jairam Ramesh at the HT Leadership Summit 2013 on Friday.
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- South Asia
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Why many in SKS Microfinance Ltd love to hate its founder
Akula believes that microfinance is a core solution to global poverty and yet it could be highly profitable, a balance all microfinance entities are struggling to achieve.
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- microfinance
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How a money-tracking tool is helping businesses grow in India
While growing up in northern India, Shivani Siroya says she encountered entrepreneurs on a regular basis. Now, she's helping them track their finances in order to boost their businesses.
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- South Asia
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Microfinance empowering women in un-banked villages
Sa-Dhan, an umbrella of microfinance groups, hopes pending Bill will bring down interest rates.
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- Uncategorized
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- microfinance
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Microloans Finance a Path to U.S. Citizenship
In the past 18 months, a Californian bank has helped more than 300 legal permanent residents attain citizenship by extending them a $1,000 loan.
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- microfinance
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