microcredit
Microfinance’s Circular Firing Squad
Why Kiva should ignore the critics and continue on with the business of revolutionizing microfinance.
Microfinance Roundup May 21, 2009
The AFP reports from the Global Microcredit Summit in Spain that the vast majority of the world’s poor still have no access to microcredit. (link)
PC World reports on the work of Mifos to create affordable software solutions for microfinance institutions. (link)
Tim Ferris talks about Matt Flannery, Jessica Jackley, and Muhammad Yunus in “Think Big, Start [...]
Pro Mujer Video: Giving Women Credit
An 8 minute video describing the Pro Mujer method of combining microfinancial services with healthcare, education, and occupational training.
Sam Daley-Harris on Slumdog Millionaire
Feb 28, 2009 — Unlike the movie-goers in the theatre, who pinned their hopes for one chai wallah (tea seller) escaping the horrors of the slums of Mumbai, India, on the long-shot odds of his winning the Indian version of Who Wants to Be a Millionaire, we knew that right now, there is a tool [...]
Microcredit in the US
Feb 24, 2009 — Sokoloff and Powell are among thousands of Americans using microcredit, a financing system originated in the Third World, to help open small businesses or get through rough spots. While the dollar amounts are much bigger in the U. S. than the tiny loans in developing countries — some for less than [...]
Regional Microcredit Summit
Join Nobel Peace Prize Laureate Muhammad Yunus at the Latin America – Caribbean Regional Microcredit Summit June 8-10, 2009
Credit Union in North Carolina Considers Microcredit
Feb 7, 2009 — State Employees’ Credit Union (SECU) is exploring, with other local financial industry leaders and regulators, the possibility of bringing the Grameen micro-credit lending system to North Carolina. With 15% of North Carolinians living at or below the poverty line and the unemployment rate now above 8.9%, the Grameen model could help [...]
Up to $500 million pledged for microloan institutions
Feb 6, 2009 — The World Bank and the German government said Thursday that they would inject as much as $500 million into microcredit banks, fledgling institutions in the developing world that are being starved of funding as financial markets in rich nations constrict. The effort highlights how even small banks in poor countries are getting [...]
Timothy Geithner and his Father’s Legacy in Microcredit
Feb 5, 2009 — One of the most interesting things about the appointment of Timothy Geithner as the head of the Treasury Department is that his entire life prepared him for the world we are living in today. Raised by a father, Peter Geithner, who ran the Microcredit program for Indonesia…(full article)
Modest loans to world’s poor smarter than shoring up profligate banks
Average Americans, struggling to survive in a disintegrating economy, might be forgiven for assuming that people and institutions who lend, manipulate and otherwise handle other people’s money are greedy, unprincipled wretches.
But there’s a movement afoot that’s far from business as usual. In fact, it’s pretty much the antithesis of mainstream banking practices. It’s microlending — [...]
