Microfinance Loans

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CHICAGO | Accion, a nonprofit microfinance organization, has increased the volume of small business loans available at lower interest rates in Northwest Indiana through a partnership with the U.S. Small Business Administration. Small business owners and ...
May 23, 2012 at 20:24 | Source: NWI.com
Microfinance institutions (MFIs) have something to cheer about. Securitised microfinance loans are getting grades that are better than the ratings assigned to micro lenders selling these portfolios, say analysts and those in the sector. This has persuaded ...
May 21, 2012 at 19:14 | Source: Business Standard
“If the Andhra loans were to be written off, many large microfinance companies will become insolvent.” SKS plans to fire 1,200 employees, or 35% of its workforce, and shut 78 of its 180 branches across the state, it said in a statement on 10 Ma
May 17, 2012 at 18:50 | Source: Livemint.com
Traditionally, microfinance provides access to loans and other financial services for small businesses and entrepreneurs who are unable to meet the requirements set by commercial banks and other lending institutions. Axcel Finance, the microfinance ...
May 24, 2012 at 13:34 | Source: Caribbean360.com
MFIs give tiny loans to poor borrowers at around 24% interest ... The Bill proposes the setting up of a microfinance development council with members from various central government ministries, including finance and rural development, RBI, the Small ...
May 22, 2012 at 17:04 | Source: Livemint.com
The CBN director advised the directors of microfinance banks to ensure that loans were given out to only the active poor. According to him, this is the target group that need the loans from microfinance banks to trade. He said that the reason for his ...
May 17, 2012 at 18:22 | Source: Businessday Online
“If the Andhra loans were to be written off, many large microfinance companies will become insolvent.” SKS plans to fire 1,200 employees, or 35 percent of its workforce, and shut down 78 of its 180 branches across the state, it said in a ...
May 17, 2012 at 01:04 | Source: Businessweek
The success of formal microfinance caught the attention of informal microfinance — where loans were routed through institutions rather than to the SHGs. Informal microfinance grew faster than the SHG type. The thirst for profit made MFIs blind to the ground realities.
May 22, 2012 at 16:21 | Source: Hindu Business Line
According to Central bank figures non-performing loans for MFIs increased to Rwf4.2 billion in December last year up from Rwf3.6 billion in 2010. 'Financial soundness indicators of the microfinance sector indicated a slight detoriation on measured in terms ...
May 21, 2012 at 17:06 | Source: afriquejet.com
At First MicroBank Mozambique, created in 2009 by the Aga Khan Agency for Microfinance, Ms. Mason oversaw loans for the equivalent of only a few hundred dollars each granted to clients too poor to access conventional sources of credit. First MicroBank ...
May 23, 2012 at 18:15 | Source: Globe and Mail