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Despite the fact that most microfinance institutions (MFIs) were established to reduce poverty, many are starting to look like traditional financial institutions. To expand their outreach and loan ...
Microcredit, also known as microfinance, is a widely touted development technique that extends small loans to entrepreneurs in poverty-stricken areas. Microcredit loanshave now reached 100 million ...
When the rich suffer, so do the poor. Or so goes the trickle-down theory. It turns out, though, that the spreading of global financial pain is far from simple. The microfinance industry, for instance, ...
As well as being a seminal quote from John F Kennedy’s inaugural address, “help them help themselves” is an idea that has long been discussed and explored with respect to the global poverty agenda. As ...
In this lesson, students will be introduced to the practice and industry of microfinance, learning how the provision of unsecured loans to low-income, small-scale entrepreneurs in the developing world ...
An increase in the proportion of women accessing microfinance services by just 15% could potentially reduce gender inequality, as measured by the Gender Inequality Index, by half in the average ...