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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 ...
Although microfinance organizations are generally considered as inherently ethical, recent events have challenged the legitimacy of the sector. High interest rates and the excessive profitability of ...
India's finance ministry has approved a 200 billion rupee ($2.14 billion) credit guarantee scheme for microfinance firms to ...
Banks have turned cautious on microfinance after months of stress. The ₹20,000 crore guarantee seeks to de-risk lending and ...
Lately, microfinance has been attracting attention for all the wrong reasons. The Skoll World Forum on Social Entrepreneurship started off here March 30 with a discussion of what lessons social ...
Companies such as 60 Decibels, which provide marketing services to microfinance institutions (MFIs) in the form of research, are in a tricky position as they seek to defend loans made with the aim of ...
The Bank of Ghana (BoG) has unveilled comprehensive reforms for the microfinance sector, imposing new minimum capital ...
Hit by the credit crunch, lenders anticipate fewer loans to the poor. When Mama Atiya’s husband died in 2006, her in-laws claimed the family property, a patriarchal tradition in the Democratic ...
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BANGLADESH MAY be the homeland of microcredit, but no country is keener on it than Cambodia. According to its central bank, there were some 160,000 branches of microfinance institutions around the ...
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