The following post was published on the Knowledge@Wharton website on January 16, 2013. Microfinance -- an approach to poverty based on providing small loans and other financial services to poor people ...
For three decades, microfinance institutions have given out small loans to the world's poor--mostly women--and amassed hundreds if not thousands of case studies showing that the loans help alleviate ...
When the rich suffer, so do the poor. Or so goes the trickle-down theory. It turns out, though, that the spreading of global financial pain is far from simple. The microfinance industry, for instance, ...
Research commissioned by the Cambodia Microfinance Association (CMA) and carried out by the M-CRIL ratings agency signals a retreat from the claim that there is a verifiable connection between ...
Dublin, Jan. 06, 2025 (GLOBE NEWSWIRE) -- The "Microfinance Market Report 2024" report has been added to ResearchAndMarkets.com's offering. The microfinance industry has demonstrated substantial ...
Microfinance has been hailed as a boon to the developing world. By extending small amounts of credit to would-be entrepreneurs, the model is said to raise incomes, reduce unemployment, and empower ...
Microfinance has been the darling of international development and viewed as a tool for poverty alleviation for long. Pioneered by Nobel-Prize-winning Bangladeshi economist Muhammad Yunus in 1976, ...
New research from Cambodia challenges the microfinance industry’s assertions that its loans help farmers to resist the impacts of climate change. In fact, the research argues, microfinance undermines ...
As well as being a seminal quote from John F Kennedy’s inaugural address, “help them help themselves” is an idea that has long been discussed and explored with respect to the global poverty agenda. As ...
Money may not hang from trees, but it can grow. Sometimes all you need is a little bit to get started. Microfinance enables people to escape a cycle of poverty by giving them loans to start a trade or ...