Microinsurance is growing because borrowers need to insure assets such as farming equipment that they purchase with microcredit. In fact, MFIs are as important in providing savings vehicles and ...
Microfinance Industry Network (MFIN), a Self-Regulatory Organisation (SRO) recognised by RBI and the Association of Karnataka ...
Who is the target population for a microcredit intervention? Your answer will depend largely on where you sit: Academics and microfinance institutions will be interested in different groups of people.
Given that 80 percent of microfinance institutions’ poorest clients are women who live on less than $1.25 a day, according to the State of the Microcredit Summit Campaign Report 2012, microfinance ...
In its modern form microfinance, also known as microcredit, dates from the 1970s. The most celebrated institution is still the Grameen Bank ('Bank of the Villages'), which began in Bangladesh in 1976.
The UN proclaimed 2005 the “International Year of Microcredit” and the following year Muhammad Yunus – who once famously ...
The total gross loan portfolio of microfinance institutions in Karnataka has surged from ₹16,946 crore in March 2019 to ₹42,265 crore in the last financial year that ended March 2024, said ...
Finance Minister Muhammad Aurangzeb has reiterated the government's commitment to accelerating financial inclusion as a ...
The private lender’s fresh slippages in the reporting quarter stood at Rs 1,675 crore, as compared to Rs 1,177 crore in a ...
Finance Minister Senator Muhammad Aurangzeb chaired a meeting with the leadership of the Pakistan Microfinance Investment ...