Best Microfinance Innovations in 2008
February 8, 2009 2 Comments2008 brought new platforms, new techniques, and new ideas into microfinance. Here are some of the very best.
News and CommentaryTag Archive
Grameen Scouts Funding for More US Microfinance
February 6, 2009 No CommentsFeb 5, 2009 — Muhammad Yunus of Bangladesh, a Nobel Peace Prize winner for pioneering a micro-lending model for the world’s poorest to engage in business, said Thursday his formula can also help recession-racked American families escape poverty. “This is the right time to come here,” Yunus declared as he sought $2 million in seed money ...
AsidesGrameen America Expects Dramatic Increase in Microcredit Loans to Low-Income U.S. Residents in 2009
January 17, 2009 No CommentsAt a time when some banks are shrinking because of high loan default rates, Grameen America has experienced an astounding 99.5 percent loan repayment rate in its first year of business and is expanding to make even more small loans to low-income U.S. residents. (full article)
Asides