Ramallah, Palestinian Territory (IRIN) – Izz Tawil draws a black circle on the flip-chart in his office in Ramallah, capital of the West Bank in the occupied Palestinian territory (oPt). “The Palestinian economy is a closed cash-circle,” the general manager of the Palestinian microfinance network Sharakeh explains. He goes on to draw several small arrows [...]
Nobel laureate Muhammad Yunus, the founder and former chief of the microfinance bank Grameen Bank, laments that the Bangladesh prime minister was wrong to criticize him. View full post on Banking Stories
Lack of regulation and a surplus of donor funds in Bangladesh’s microcredit industry have led to NGOs pushing loans to over-indebted borrowers, says BRAC, the world’s largest development organization and heavily involved in the country’s microfinance industry. View full post on Banking Stories
Saleem Samad – AHN News Correspondent Dhaka, Dhaka, Bangladesh (AHN) – Nobel laureate Professor Muhammad Yunus, who dreamed of transferring poverty to museums by 2020, has been removed as head of the microfinance bank he founded. Yunus, who created the celebrated microfinance Grameen Bank (Village Bank) yielded to months of political intimidation by the government. [...]
The Indian Banks Association will approach the RBI seeking a one-time waiver on restructuring loans given to microfinance institutions. MFIs have asked banks to restructure loans because collections in the state of Andhra Pradesh have dropped to levels of 15-20%. View full post on All Stories
Small loans from non-profit microfinance charities are advancing the lives of the inhabitants of rural China. Celia Hatton reports on the huge impact of a little help. View full post on All Stories
One of the main criticisms of microfinance institutions one hears is that they charge high interest rates. One reason for this perception is the reference to interest rates as a percentage of the loan amount. View full post on All Stories
ISBN13: 9780470196328 Condition: New Notes: BUY WITH CONFIDENCE, Over one million books sold! 98% Positive feedback. Compare our books, prices and service to the competition. 100% Satisfaction Guaranteed Product DescriptionMicrofinancing is considered one of the most effective strategies in the fight against global poverty. And now, in Small Loans, Big Changes, author Alex Counts reveals [...]
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