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In a Cash-Strapped Age, Are Microloans the Answer?
Digital microfinance has made it possible for the prosperous to help developing world entrepreneurs with capability but no capital.
- Categories
- Finance
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With 61% of Loan Book Tied up in High-Risk Microcredit, Bandhan Bank Feels the Heat of Coronavirus Lockdown
The nationwide lockdown to fight COVID-19 presents a major crisis for banks with high exposure to the microcredit segment. With many small businesses on the verge of shutting down, loan repayments may stop.
- Categories
- Coronavirus, Finance
- Region
- South Asia
- Tags
- microfinance
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What Helped CreditAccess Grameen Maintain ‘Good’ Liquidity Position Amid Lockdown
CreditAccess Grameen Ltd. said its liquidity position was “quite good” even as lenders stop loan collections amid a national lockdown to combat the coronavirus pandemic.
- Categories
- Coronavirus, Finance
- Region
- South Asia
- Tags
- microfinance
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Covid-19 attack limits MFI outreach
Microfinance firms are slowing down new loan disbursements in the country’s rural heartland as a direct fallout of the coronavirus outbreak. They are also facing non-repayment from borrowers whose earnings may take a hit as the country goes into lockdown to combat the spread of coronavirus.
- Categories
- Coronavirus, Finance
- Tags
- microfinance
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Coronavirus, Economic Meltdown And The World Of Impact: Insights From Allie Burns Of Village Capital
Allie Burns is CEO of Village Capital, which has run early-stage startup accelerators and boot camps for social enterprises since its founding in 2009.
- Categories
- Coronavirus
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Press Release: VisionFund International Brings Financial Inclusion to Refugees in West Nile Settlements
VisionFund is the first microfinance organisation to serve refugee groups at scale with group loans in Palorinya settlement.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Matt Damon’s Impact Investing Fund Backs CreditAccess Grameen
Mumbai-listed CreditAccess provides group lending products as well as retail finance products. It also offers access to non-financial services such as customer awareness and education programmes and sanitation efforts.
- Categories
- Investing
- Region
- South Asia
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Press Release: MCE Social Capital Receives $3.7 Million Grant
Capital infusion will fund more loans to small and growing businesses in rural Africa and other emerging markets, and serve as a match to attract new guarantors.
- Categories
- Investing
