Moderate results are disappointing if you were expecting microfinance to cure poverty. But they are just what you’d expect if you think microfinance is about bringing financial services to people who never had them before.
Unfortunately, the microfinance community has barely started scratching the surface of how to modify existing products to adapt to climate change. Instead, MFIs have tended to fall back upon a reactive approach in which the current …
When he assumed office last year as the Governor of the Central Bank of Nigeria (CBN), Mr. Sanusi Lamido Sanusi made clear his mission. It includes a comprehensive reform of the financial services sector to limit risks in the system, …
Helping women from poor households to establish small businesses is the daily work of the Timorese microfinance institution Tuba Rai Metin (TRM). Their belief is that the prosperity of Timor-Leste has to be built upon the prosperity of …
With global markets still recovering from the Great Recession, investments in microfinance institutions present a promising option. Microfinance falls under the broad green business category because of its association with positive …
By Nkechi Naeche, Nigerian Compass — The Nigeria Deposit Insurance Corporation (NDIC) has said that it has concluded the audit of all Micro finance banks.
Microfinanceit is widely practiced, accepted, and impactful. It has supported entrepreneurs from tiny villages to large cities throughout the developing world –places where we expect microfinance to be. But in the developed world? …
A typical day in the life of a microfinance loan officer might look something like this: Arrive at the branch and print your agenda and reports for the day, which will typically include several group meetings at which you’ll disburse …
Though the trend is gearing towards individual lending approach, groups are still vital in microfinance. I may quote from my notes during one of my trainings about microfinance some few years back (this is still true up to this time, …
By Jiten Patel, CEO, MicroPlanet Technologies Microfinance Focus , June 21, 2010 : The key message from the recent Banana Skins survey was that the.
