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Microfinance

Microfinance Leaders Strive to Walk the Walk

Elisabeth Rhyne | Posted 05.25.2011 | World
Elisabeth Rhyne

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.

Bangladesh Trying To Fire Nobel Laureate From Microlender

AP | FARID HOSSAIN | Posted 05.25.2011 | World

DHAKA, Bangladesh — Bangladesh's government ordered Nobel laureate Muhammad Yunus from his post as head of his microfinance bank Wednesday &ndas...

Bringing The 'Girl Effect' Back Home: Microfinance Projects For American Women

Nicole Skibola | Posted 05.25.2011 | Impact
Nicole Skibola

As the owners of 5.13 million micro-enterprises in the U.S. alone, many low-income women have found that micro-loans are a means to transcend the lower rungs of poverty.

Zafen: Redefining "Interest" in the Changing World of Microfinance

Jim Luce | Posted 05.25.2011 | World
Jim Luce

Microfinance has taken a beating lately for shifting far afield from its humanitarian origins. It's become a good idea gone bad. But all is not lost.

Why Muhammad Yunus and the Poor Need Us More Than Ever

Vivian Norris | Posted 05.25.2011 | Business
Vivian Norris

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.

Paraguayan Tagged for 2011 Achievement Award for Combating Poverty

Jonathan Lewis | Posted 05.25.2011 | Impact
Jonathan Lewis

For over 25 years, Martin Burt has been a pioneer in applying microfinance, microfranchise, youth entrepreneurship and financial literacy to address chronic poverty in Paraguay.

Scaling Microfinance: An Economic Imperative

Gina Harman | Posted 05.25.2011 | Business
Gina Harman

These are troubling times, as the spotlight on microfinance has recently led to unfortunate mischaracterizations and a rush to judgment.

Microfinance -- The Backlash Begins

Virginia M. Moncrieff | Posted 05.25.2011 | Impact
Virginia M. Moncrieff

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.

Three Secrets of Safe Microfinance

Elisabeth Rhyne | Posted 05.25.2011 | World
Elisabeth Rhyne

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.

Nobel Peace Winner Slams Poverty Profiteering

Jonathan Lewis | Posted 05.25.2011 | Impact
Jonathan Lewis

With almost biblical scorn, Yunus implicitly casts market fundamentalists out of the temple of microfinance.

Is Yunus Right About Charitable Donations?

Bhagwan Chowdhry | Posted 05.25.2011 | World
Bhagwan Chowdhry

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?

Carly Schwartz

Haiti's Most Important Resource

HuffingtonPost.com | Carly Schwartz | Posted 05.25.2011 | Impact

Marie Georges is a 45-year-old Haitian mother of six. Until the earthquake devastated her country one year ago, she ran a small business out of her ho...

Top 10 Philanthropy Buzzwords Of The Last 10 Years

The Chronicle of Philanthropy | Lucy Bernholz | Posted 05.25.2011 | Impact

Buzzwords are fleeting things. They come in and go out, are first hot and then not. However, looked at over time, buzzwords also provide a useful rear...

Meet Joe Selvaggio, Founder of MicroGrants

The Huffington Post | Amy Lee | Posted 05.25.2011 | Impact

Sometimes all it takes is a little bit of faith for a struggling individual to finally find success. With MicroGrants, Joe Selvaggio is helping t...

Today's HuffPost Greatest Person: Anneliese Gryta, A Lawyer Helping Low-Income Entrepreneurs Start Businesses

The Huffington Post | Amy Lee | Posted 05.25.2011 | Impact

Eliminating poverty begins at the source--economic disadvantage. Anneliese Gryta, a lawyer who has dedicated her work to helping low-inco...

Microfinance Leaders Debate Future

Jonathan Lewis | Posted 05.25.2011 | Impact
Jonathan Lewis

Two prominent advocates for economic justice are currently debating the practical and ethical limits to selling goods and services to the poor in the anti-poverty sector.

Thank You for an Extraordinary Year!

Kushal Chakrabarti | Posted 05.25.2011 | Impact
Kushal Chakrabarti

Today, for the first time, young people in 11 different countries have a way to finish their education. Together, we're changing the world. I wanted to show you the difference you're making.

Kiva Cards for Microfinance Contributions

Craig Newmark | Posted 05.25.2011 | Impact
Craig Newmark

Hey, Kiva.org's all about microfinance, where you can help fund a small businessperson somewhere in the world. The deal is that you can help someone ...

Donorschoose Gets Big Contribution From American Express

Craig Newmark | Posted 05.25.2011 | Impact
Craig Newmark

DonorsChoose.org helps teachers get the stuff they need via a kind of microfinance model, helping fund a lot of schools in the US. (I've been focusing...

Grameen Foundation: Microfinance Helping People in Real Ways

Craig Newmark | Posted 05.25.2011 | Impact
Craig Newmark

The deal with microfinance is that it means loaning the poorest of people - most often women - to fund small businesses. This benefits women like Ts...

India's Micro-Finance Suicide Epidemic

BBC News | Soutik Biswas | Posted 05.25.2011 | World

More than 80 people have taken their own lives in the last few months after defaulting on micro-loans, according to the government. This has trigge...

Top Ten Private Initiatives in Haiti Supplement Big Players in 2010-11

Jim Luce | Posted 05.25.2011 | World
Jim Luce

Haiti needs hope -- and so many private initiatives doing so much could do even more -- with your support. There is so much hope for Haiti. Let's fund it.

A Tale of Microfinance in Two Cities

Elisabeth Rhyne | Posted 05.25.2011 | World
Elisabeth Rhyne

Microfinance in India is undergoing a crisis caused by a toxic mix of mushrooming growth and political volatility. As they ponder their next steps, p...

How Microfinance Lost its Soul

Aaron Ausland | Posted 05.25.2011 | Impact
Aaron Ausland

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.

5 Ways Microloans Create U.S. Jobs

Gina Harman | Posted 05.25.2011 | Business
Gina Harman

If you've been keeping up with recent economic news, here's a familiar statistic: Small businesses are responsible for 70 percent of job creation in the U.S.