Microfinance Institution
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Bangladesh on Wednesday set up a commission on the future of pioneering microfinance institution Grameen Bank and 54 related businesses headed by Nobel laureate Muhammad Yunus. Yunus was sacked as the head of Grameen Bank last year and the new commission ...
May 16, 2012 at 19:13 | Source: YAHOO!
Grameen Foundation, KfW and CARE's Access Africa Fund announced they have each purchased a 25 percent stake in Musoni Kenya, the first microfinance institution to provide financial services to the poor entirely via mobile phones. Based in ...
May 22, 2012 at 07:03 | Source: Cellular-News
Axcel Finance, the microfinance institution that officially launched in St Lucia recently, is now offering to fulfill that role on the eastern Caribbean island through offering residents and small businesses access to immediate funds for daily needs or ...
May 24, 2012 at 13:34 | Source: Caribbean360.com
If approved in its entirety, the Microfinance Institutions (Development and Regulation ... RBI will also specify a threshold on the assets deployed for classifying any institution as an MFI. Those MFIs registered with the apex bank won’t be treated ...
May 22, 2012 at 17:04 | Source: Livemint.com
UPDATE: This post has been corrected. It originally stated that BRAC, a Bangladeshi microfinance institution ran the West-Bengal programme. WHY is poverty so hard to escape? For entire societies, and at the level of the individual, this must be one of the ...
May 14, 2012 at 13:25 | Source: Economist.com
Youth Microfinance Institution General Manager Representative Mr. Haider Hussein stated “we welcome the efforts of UNDP and the Microfinance Unit and urge similar studies to be conducted in different states of Sudan, the study findings and key ...
May 7, 2012 at 08:47 | Source: Reliefweb.int
Inspired by the impact he saw through his Jolkona gifts, Taylor took his involvement to new levels, interning in Bangladesh with BRAC, a microfinance institution and Jolkona partner. In Bangladesh, Taylor worked on a BRAC program providing poor ...
May 24, 2012 at 20:58 | Source: Forbes
Microfinance institutions provide unsecured lending where loans are not backed by collateral and therefore riskier for the institution and more expensive for the borrower. The higher the interest rates, the greater the capacity of a microfinance ...
May 12, 2012 at 16:33 | Source: New Zimbabwe.com
Investment in Musoni Kenya will Expand Access to Financial Services Full Story »Grameen Foundation, KfW and CARE's Access Africa Fund Invest in World's First 100% Mobile Microfinance Institution LONDON (Reuters) - Low-quality and fake anti-malarial drugs ...
May 23, 2012 at 19:05 | Source: YAHOO!
Recently Airtel Money launched of a new loan facility in partnership with microfinance institution ,Faulu Kenya. In the last financial year M-pesa raked in Sh16.9billion revenue which was up 43 per cent from the previous year. "This partnership will also ...
May 24, 2012 at 09:24 | Source: AllAfrica.com