Small loans, quick approvals and minimal paperwork make microfinance accessible, but the way these loans are structured and ...
Banks have turned cautious on microfinance after months of stress. The ₹20,000 crore guarantee seeks to de-risk lending and ...
You may have heard of microfinance, but what it actually is and what the popular perception of what it is are often two different things. Microfinance began in 1974 when Muhammad Yunus started Grameen ...
Microlending was one of the biggest parties in finance in recent years—an era of many parties. A new report out from the Centre for the Study of Financial Innovation (CSFI) details how things have ...
The government has approved a Rs 20,000-crore credit guarantee scheme to support microfinance institutions (MFIs), which face funding challenges and rising non-performing assets. This scheme offers ...
Microfinance has always been about opening doors for people excluded from formal banking. Today, digital finance is transforming how that mission is delivered. In my recent publication “FinTech as a ...
Microfinance, or the provision of small loans to people outside of the formal banking system, has always struggled to prove that it is effective in reducing poverty. The hurdle is a high one. A poor ...
May 2 (Reuters) - Microfinance institutions in Africa hope to emulate the success and growth of the industry in Asia, and could offer a lifeline and escape from poverty for millions of people living ...
New York City, NY – Two leading microfinance institutions and a program that develops innovative models to measure how the lives of microfinance clients have changed are the 2006 winners of Grameen ...
MUMBAI (Reuters) - An initial public offer by India's SKS Microfinance is likely to set the stage for more such offers in the world's largest microlending market, but it has also sparked a debate on ...
Avoiding the risk of new borrowers has not reduced the risk of defaults. Yet, the goal of microfinance is to ensure more ...
With 47% of Africa's population, and also standing as the continent's biggest oil exporter, Nigeria as a country should have nothing to do with poverty. In fact, she is supposed to be an El Dorado for ...
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