For years, micro loans have been promoted by everyone from Nicholas Kristof to Oprah Winfrey as a great way to help women in developing nations pull themselves out of poverty. The idea is simple: lend ...

In 2001, Carla Eliana Godoy was struggling to find space for her nonprofit, Art for Change. Funding had become scarce in the wake of the 9/11 attacks, and Godoy found herself bouncing among churches, ...

Micro and unincorporated enterprises still rely heavily informal sources like friends and moneylenders for small-ticket loans, even as formal sources of credit have improved for large loans.

BUFFALO, N.Y. — The International-Microloans of Buffalo at St. Joe’s Collegiate School is on a mission to help entrepreneurs. It’s not only here in Western New York, but also around the world. It all ...

HALIFAX, Nova Scotia, Nov 15 (Reuters) - Tiny loans to the poor have opened an attractive new field for lenders and insurers, providing the perfect marriage of philanthropy and the promise of new ...

ITworld.com – David Geer recently spoke with Nicholas P. Sullivan, author of You Can Hear Me Now: How Micro Loans and Cell Phones are Connecting the World’s Poor to the Global Economy. Following is an ...