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.
Microfinance — making tiny loans to poor people or groups of poor people — has soared in India in the past few years. Before long, it could reach more people in India than the regular banking system.
With hundreds of fledgling entrepreneurs ready to change the world and maybe make millions while they do it, the buzz around the microfinance industry looks a bit like the dot-com boom at the end of the ’90s.
Microfinance Focus, June 24, 2010: The investors’ expectations from the microfinance sector were pitched very high in the closing session of MCCM today.
ACCION Microfinance Bank Limited of Nigeria has reported an after-tax profit of NGN 75.92 million or the equivalent of USD 500000 for the period ended December.
Private equity investments have put a premium on the valuation of microfinance companies when maybe they should be giving them a discount.
Microfinance Focus, June 24, 2010: Concluding the Microfinance Cracking the Capital Market Conference in New Delhi, its organizers briefed the audience about.
Microfinance Focus, June 24, 2010: A rapid increase in global commercial investments in microfinance has also surfaced an array of associated risks for.
The Benefits of Microfinance India The microfinance industry in India is growing by the day. According to one recent study by Intellecap, the.
Microfinance Focus, June 24, 2010: Despite exponential growth and expansion, the Indian microfinance industry has not witnessed mergers and acquisitions so far.
