For three decades, microfinance institutions have given out small loans to the world's poor--mostly women--and amassed hundreds if not thousands of case studies showing that the loans help alleviate ...
Recent revelations about the role of Nobel Prize winner Muhummad Yunus in the alleged misuse of $100 million by the Grameen Banks (and the cover-up of that misallocation) have begun to provoke overdue ...
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, ...
Microfinance has been hailed as a boon to the developing world. By extending small amounts of credit to would-be entrepreneurs, the model is said to raise incomes, reduce unemployment, and empower ...
Research commissioned by the Cambodia Microfinance Association (CMA) and carried out by the M-CRIL ratings agency signals a retreat from the claim that there is a verifiable connection between ...
New research from Cambodia challenges the microfinance industry’s assertions that its loans help farmers to resist the impacts of climate change. In fact, the research argues, microfinance undermines ...
Microfinance, the practice of lending to groups of vulnerable women without collateral, continues to dominate India’s financial news. Sizable new investments in the sector come from both domestic 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 ...
Dublin, Jan. 06, 2025 (GLOBE NEWSWIRE) -- The "Microfinance Market Report 2024" report has been added to ResearchAndMarkets.com's offering. The microfinance industry has demonstrated substantial ...
NBFC-MFIs topped the microfinance portfolio in FY23 with Rs 1.30 lakh crore portfolio size in comparison to banks (Rs 1.20 lakh crore), SFBs (Rs 58,431 crore), NBFCs (Rs 29,664 crore) and ...
Among lenders in the microfinance industry, 82 NBFC-microfinance institutions (MFIs) were the largest provider of micro credit as of March 31, 2023. Credit and finance for MSMEs: The gross loan ...
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