As the name implies, microfinance institutions are bankers and lenders who provide microfinance services, such as deposits, loans, payment services, money transfers, and insurance. The importance of ...
When the Nobel Peace Prize was awarded to Bangladeshi economist Muhammad Yunus in 2006 for his concept of microfinance, it brought what began as a local policy experiment in the 1970s to global ...
Investors are increasingly able to put their money to work creating social as well as financial returns, thanks in part to the expanding role of investment banks in globalizing the funding of ...
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, ...
What do we know about microfinance—often touted as the solution for the economic woes of developing countries? Practically nothing, say researchers from UConn's Department of Agricultural and ...
The growing digitisation helped the country’s microfinance industry grow over 16 times in the last decade, and this presents an opportunity for the fintech players Fintech startups have the capability ...