Small loans, quick approvals and minimal paperwork make microfinance accessible, but the way these loans are structured and ...

You may have heard of microfinance, but what it actually is and what the popular perception of what it is are often two different things. Microfinance began in 1974 when Muhammad Yunus started Grameen ...

Microlending was one of the biggest parties in finance in recent years—an era of many parties. A new report out from the Centre for the Study of Financial Innovation (CSFI) details how things have ...

The government has approved a Rs 20,000-crore credit guarantee scheme to support microfinance institutions (MFIs), which face funding challenges and rising non-performing assets. This scheme offers ...

Microfinance is the delivery of financial services in small amounts – mainly loans but increasingly savings and insurance – to entrepreneurs who typically do not have access to mainstream or ...

Those are some of the findings from research conducted for the 2021-2022 60 Decibels Microfinance Index, aimed at assessing the effectiveness of microfinance practices—by talking to customers. Based ...

Microfinance, or the provision of small loans to people outside of the formal banking system, has always struggled to prove that it is effective in reducing poverty. The hurdle is a high one. A poor ...

May 2 (Reuters) - Microfinance institutions in Africa hope to emulate the success and growth of the industry in Asia, and could offer a lifeline and escape from poverty for millions of people living ...

For several years, the private sector has had cause to complain incessantly about sky-high lending rates in the banking sector, blaming the latter for the perennially low investment in non-current ...