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Search result(s) 18 items matching Microcredit
Integrating microfinance with ICT in Bangladesh
May 25, 2010 Linking up and Reaching out in Bangladesh: Information and Communications Technology for Microfinance presents a new idea of introducing a centralised technology platform for the microfinance industry to usher greater efficiency and ameliorate current constraints.
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Microfinance: Lasting benefits for refugees in long-term displacement
Jan 20, 2011 In an effort to find ways of promoting livelihoods and self-reliance for refugees, UNHCR has released a report that recommends microfinance as a durable solution to the challenges faced by refugees in long-term displacement. The report finds microfinance as self-sustaining and comes with a promise to alleviate poverty through income generation.
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Grameen Health partners leading medical care providers
Sep 25, 2008 Grameen Health, an affiliate of Bangladesh’s Grameen Bank has tied up with Pfizer and GE Healthcare to provide cost-effective health care to the country’s poor. The partnership will draw on the success of the microfinance model to build sustainable business models, to be replicated in other developing countries.
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Villagers in northern India fight off financial insecurity
Jan 22, 2009 Residents of a village in northern India have managed to counter adverse effects of the on-going economic slowdown by forming self-help groups. Micro-credit has not only helped the rural populace improve their earnings but also brought social cohesion and women empowerment.
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Social entrepreneurs of rural India
Feb 24, 2010 Representatives from the developing countries of Asia-Pacific region and Africa are attending the ongoing 10th Commonwealth India Small Business Competitiveness Development Programme in Jaipur. An insight into the successes of women’s self-help groups in livelihood generation activities has left the delegation highly impressed.
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Solar home systems light up rural Bangladesh
Dec 24, 2010 A simple plug-and-play technology, the solar home system is providing an excellent off-grid electricity solution for rural Bangladesh. Harnessing solar energy, these systems can be purchased against micro-loans which can be repaid in easy installments.
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Let us compete in poverty eradication: Muhammad Yunus
Nov 19, 2007 Muhammad Yunus, Nobel laureate and founder of the Grameen Bank, says Bangladesh will eradicate poverty by 2030 and wants India to take up the challenge as well. On a recent visit to India, he spoke on the bank’s role, poverty museums, and issues close to his heart.
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Laos' women benefit from micro-credit
Sep 04, 2009 Moving beyond the household drudgeries, women in a village in Laos, a small landlocked nation in Southeast Asia, have found new channels to hone their weaving skills. A local non-profit organisation provides them small loans to produce hand-woven textiles, trains them in business planning and product marketing.
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'Reinvent banking to benefit poor': Muhammed Yunus
Apr 08, 2010 At the 14th annual Africa-Middle East Microcredit Summit in Nairobi, Nobel Laureate Muhammed Yunus urged business, philanthropic and political leaders to help eradicate poverty by providing the world's poor with access to financial services. Yunus a pioneer of microcredit highlighted the need to reinvent banking to counter economic crisis.
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Microcredit has outgrown its charitable roots
Apr 15, 2010 Massive popularistion of microcredits has resulted in mushrooming of several loan sharks. The intended purpose of microloan to enable financial inclusion has come under doubt and hence there is a dire need to differentiate between the authentic and the deceptive, writes Neil MacFarquhar.
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Turning beggars into entrepreneurs
Jun 14, 2010 Beggars Loans, aims to rehabilitate beggars into society by encouraging them to begin income-generating activity at their place of begging. Professor C. Gopinath discusses the innovative concept led by the Grameen Bank of Bangladesh that enables them to become credit-worthy.
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Trading microfinance for megaprofits
Jan 18, 2011 Microfinance in India has suffered a “mission drift” turning into a separate breed of loan sharks. Nobel prize winner and founder of Grameen Bank, Muhammad Yunus, draws a comparison with neighbouring Bangladesh and calls for establishing a regulatory body for microfinance in India.
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Microfinance gets fillip in India’s low-income states
Apr 09, 2013 IFC, a member of the World Bank Group, is supporting expansion of microfinance reach in India’s low–income states with an investment of over $700,000.
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Grameen Bank refutes cash diversion charges
Dec 06, 2010 Norwegian authorities have accused the Grameen Bank of siphoning funds to another company unrelated to the micro-credit business, as corroborated by a recent documentary. While the bank refutes charges, the news adds to a growing sense of mistrust towards the micro-credit industry, which has come in for a lot of criticism lately over exorbitant interest rates and alleged coercive debt collection.
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Afghanistan: Security fears, religion and unskilled workforce hamper growth of MFIs
Dec 29, 2010 Many development groups and government agencies acknowledge the role of microfinance institutions in empowering the majority of poor and illiterate in Afghanistan particularly women. However, constant security threats, religious laws and lack of skilled personnel hinder their expansion.
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1 crore Bangladeshis move-up the poverty line between 1990-2008
Jan 31, 2011 Microcredit Summit Campaign, a US-based advocacy group, has revealed in its report that one crore Bangladeshis have moved above $1.25 a day poverty line between 1990 and 2008. The survey report has come at a time when the microcredit sector is facing tremendous pressure in Bangladesh and rest of the world.
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Bangladesh Nobel Laureate challenges dismissal from Grameen Bank
Mar 04, 2011 Nobel Laureate, Professor Muhammad Yunus, who helped pioneer microfinancing in Bangladesh, has challenged his removal from the top post of Grameen Bank founded by him, a dismissal seen as part of a vendetta with the prime minister. The Dhaka High Court will pronounce its verdict on the plea on March 6 (Sunday).
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Promote microcredit to end poverty in Bangladesh: Yunus
Oct 19, 2011 Microcredit programmes can help Bangladesh achieve the poverty Millennium Development Goal by boosting its rural economy, says microfinance pioneer Muhammad Yunus. Women power the rural economy as they are 95% shareholders in microcredit operations.
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