She is better off materially and more in control of her own destiny. Microfinance gave Mufiya—as it did to millions of other poor people with no credit history, collateral, or steady income—access to ...
Institution-Centered Microfinance Microfinance refers to financial services – most commonly loans, savings, and insurance – delivered in small denominations to poor clients who lack the collateral, ...
The credit for this lies squarely on two sets of regulations, first on microfinance and the second on branchless banking. But the former is in serious trouble, with no signs of reprieve as yet.
A credit bureau is one of the two main types of credit reporting institutions. It collects information from a wide variety of financial and nonfinancial entities, including microfinance institutions ...
It is the first microfinance institution to work in both Bosnia and Herzegovina ... residential mortgages and a range of consumer credit products. It is noteworthy that women comprise 52% of the ...
Impressed by microfinance’s success in alleviating poverty, the Chinese government began its own forays around the year 2000. The People’s Bank of China established Rural Credit Cooperatives (RCC), ...
India's microfinance industry plays a key role in financial inclusion, fostering women's entrepreneurship, rural development and digital engagement. The sector's roots trace back to 1974 with SEWA ...
in credit bureau reports. The same month, the RBI had also barred four non-bank lenders - Navi Finserv, DMI Finance, Arohan Financial Services and Asirvad Micro Finance - from sanctioning and ...
Microfinance is an effective tool for financial inclusion—which is the process of ensuring access to financial services and timely, adequate and affordable credit to such vulnerable groups as ...
"In the backdrop of lower growth in microfinance and some unsecured segments, topline growth will stay softer at 14-15% even as loans grow by 18-20%," Jefferies said. The credit issues in the ...