Microfinance: Why Care About Institution Building?
Rather than complaining that microloans aren't enough, those who support microfinance can work on figuring out how to use these great institutional resources to accomplish more.
Rather than complaining that microloans aren't enough, those who support microfinance can work on figuring out how to use these great institutional resources to accomplish more.
Tom Murphy | Posted 05.08.2012
Mumbai -- A unique public-private partnership involving private sector giants like Unilever and Heinz is improving the health of Indian children. Two ...
Posted 02.25.2012
To empower entrepreneurs in low-income communities, Whole Foods Market's foundation has partnered with a microfinance organization to help budding bus...
Elisabeth Rhyne | Posted 04.11.2012
One of the interesting things about microfinance in Bangladesh is that its intense market saturation has not resulted in a crisis of over-indebtedness or unmanageable default. "Overlapping" is common -- that is, clients taking loans from several MFIs at the same time.
Susan Davis | Posted 12.25.2011
When we invest in girls and women, we end up with healthier families, a more flexible workforce, lower HIV rates and a more stable society.
Ann Lee | Posted 11.29.2011
Like a cancer that has caused the rest of the economy to get sick, the banking tumor that has grown out of control must be removed or it will eventually kill the whole economy.
Mitchell J. Rabin | Posted 11.26.2011
I had the unique opportunity to meet Dr. Muhammad Yunus last week in NYC after the screening of a film called Bonsai People directed by Holly Mosher.
HuffingtonPost.com | Andrea Stone | Posted 10.11.2011
WASHINGTON -- The Nobel Peace Prize winner who invented microcredit presented his latest idea for combating poverty, "social business," to the State D...
Alison Craiglow Hockenberry | Posted 08.29.2011
Social entrepreneurship today enjoys the high regard it has long deserved -- fully 30 years after the organization that launched the movement was born.
Jonathan Lewis | Posted 06.19.2011
I wanted to tell my disgruntled microfinance detractor that in a world plagued with 3 billion poor people, there are no easy answers.
Scott Baker | Posted 06.04.2011
Would banking on the poor be any more risky than banking on the money-leveraging banks that have already failed and had to be bailed out -- for trillions?
Muhammad Yunus | Posted 05.29.2011
Throughout the world, there's a reality show playing out in actual communities on a huge scale, a truly authentic show whose message remains consistent, no matter the economic tides.
Vivian Norris | Posted 05.25.2011
If we are going to see true evolution and true civil society, we must begin with supporting the most disadvantaged in helping themselves. They know what they need.
Elisabeth Rhyne | Posted 05.25.2011
Vijay Mahajan, founder of the microfinance institution BASIX, and widely regarded as the dean of Indian microfinance, is walking the hot and dusty roads of rural India in his kurta pajama and sandals.
Vivian Norris | Posted 05.25.2011
Nobel Peace prize winner Yunus has been under attack by not only his leader of government in his native Bangladesh but by those who are upset with what narrows down to Dr. Yunus' stand against corruption and loan sharking.
Virginia M. Moncrieff | Posted 05.25.2011
International aid work is always coming up with new models hailed to battle world poverty. Much of the same hope and excitement was invested in microfinancing as the solution du jour.
Elisabeth Rhyne | Posted 05.25.2011
Like sex, microfinance can be safe if practiced responsibly. Recently, however, we've seen that not all participants in the microfinance industry are practicing safe microfinance.
Bhagwan Chowdhry | Posted 05.25.2011
Many renowned micro-credit proponents, most notably Yunus, often discard charitable donations. But isn't a charity dollar a zero interest loan with a very long maturity?
Aaron Ausland | Posted 05.25.2011
Six fundamental shifts in the practice of microfinance have left it operating more like a for-profit bank and less like an innovative pro-poor movement.
Jim Luce | Posted 05.25.2011
Léogâne, Haiti. I am perhaps the most excited I have been in my entire life as I prepare to move to Haiti next month. Ten months after the earthqu...
Jonathan Lewis | Posted 05.25.2011
Without a dime of donations or leaving home, individuals, small family foundations and companies in the United States are at this very minute financing 112,000 small businesses.
Bhagwan Chowdhry | Posted 05.25.2011
The meagre savings that the poor do manage to accumulate are rarely enough and there is a need for insurance against unfortunate events such as going hungry, undernourishment for children, and pulling children out of school.
Vivian Norris | Posted 05.25.2011
The poorest of the poor in the microfinance world pay back at rates as high as 99%. Wall Street banks not only did not pay back, they took from us and paid themselves bonuses. Guess they aren't very good bankers are they?
Shivani Siroya | Posted 05.25.2011
In the right hands, microcredit can be a truly empowering opportunity, enabling hardworking entrepreneurs to become self-sufficient business owners and improve the livelihood of whole communities.
Elisabeth Rhyne | Posted 05.25.2011
Moderate results are disappointing if you were expecting microfinance to cure poverty. But they are just what you'd expect if you think microfinance is about bringing financial services to people who never had them before.
Elisabeth Rhyne | Posted 05.27.2012