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 ...

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 ...

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, ...

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 ...

Small Industries Development Bank of India (SIDBI) has joined hands with OnionLife Private Ltd to tap its technology platform KarmaLife for a pilot to provide small enterprise loans to gig workers and ...

Approximately 99.9% of businesses in the U.S. are small businesses. Of those small businesses, 85% are micro businesses, meaning they are operated by no more than five people and bring in less than ...

BOAO (Reuters) - China's big banks are not delivering on their promise to lend more to the smallest firms and are instead "faking" their micro loans, a researcher said on Saturday, suggesting a ...

LONDON (Reuters) - The global financial crisis is reducing the pool of small unsecured loans for the poor, particularly in eastern Europe, just as state resources for supporting the worst-off are ...

For many undergraduates in Nigeria, borrowing has become an unspoken necessity rather than a last resort. Campus conversations rarely mention the mounting micro‑loans taken out to cover textbooks, ...