Microfinance institutions (MFIs) are not exactly new, but they serve a really important purpose: giving basic financial services, including loans and savings, to poor people, and those who many not ...

This is a preview. Log in through your library . Abstract The rise of the microfinance system and microfinance institutions (“MFIs”) has gained great notoriety throughout the world as a means to ...

(Lahore) Baittul Maal wa Tamwil (BMT) Microfinance system which is being working in Indonesia should be introduced all-around the globe as a best system to eliminate poverty which will boost-up ...

* Any views expressed in this opinion piece are those of the author and not of Thomson Reuters Foundation. Microfinance is supposed to relieve poverty, but with investors now profiting from land loss, ...

MANILA, Philippines – The Bangko Sentral ng Pilipinas (BSP) has called the country’s microfinance sector as the “brightest spot” in the country’s financial system in the face of the global credit ...

Going by recent reports, the nation’s microfinance landscape is about to change following the nod by the Central Bank of Nigeria for the establishment of a National Microfinance Bank. The new ...

On October 14 this portal reported that 30 microfinance borrowers in Andhra Pradesh have recently committed suicide. At about the same time offices of several micro finance companies in AP were ...

Mumbai: Microfinance institutions (MFIs) are still struggling for recovery after a crisis triggered by an Andhra Pradesh law in October 2010 that reined in MFIs, which lend small sums of money to poor ...

Before the financial system in Kenya was formalised, the microfinance system had taken shape and was thriving through informal channels in the country. While formal finance channels and regulators ...

Two years ago, Bangladesh's Grameen Bank and its founder Muhammad Yunus received the Nobel Peace Prize for their pioneering use of extending small loans to the poor as a poverty-reduction strategy.