The book "Small Loans, Big Dreams: Muhammad Yunus, Grameen Bank and the Global Microfinance Revolution", written by Alex Counts, founder of Grameen Foundation USA, was officially launched on ...
Do not kill the goose that lays the golden egg, goes the takeaway from the tale about a goose and its greedy owner, who eviscerated it to get hold of all the golden eggs that he thought were ...
CreditAccess Grameen (CREDAG)’s 3QFY25 loss stood at ... term disruption in the MFI sector and will embark on a healthy loan growth trajectory once there is higher confidence in the reversal ...
The brokerage maintained its sell call on CreditAccess Grameen, indicating a further ... are either delinquent on their MFI or retail loans, or both. This accounts for at least $18 billion ...
The total gross loan portfolio of MFIs in Karnataka rose ... and was awarded the Nobel Peace Prize in 2006 alongside Grameen Bank. One of the financial services—besides savings, insurance ...
that could provide loans up to ₹100 crore without guarantee, if they are already having the enterprise," he said at the concluding day of Grameen Bharat Mahotsav. The scheme is expected to be ...
that could provide loans up to Rs 100 crore without guarantee, if they are already having the enterprise," he said at the concluding day of Grameen Bharat Mahotsav. The scheme is expected to be ...
Shares of microfinance firm CreditAccess Grameen tumbled as much as 5.1% on ... MFI borrowers with overlapping retail and microfinance loans—representing 12.3 million individuals—are ...
It has revised its loan growth guidance to 7%-8% from 23%-24% to 8%-12% in October 2024. It has also revised credit cost from 2.2%-2.4% to 4.5%-5% in October 2024 to 6.7%-6.9% now. CreditAccess ...
Shares of CreditAccess Grameen have already corrected 45% from their peak of ... meaning those who have both MFI and retail loans, are delinquent, with 30-plus Days Past Due (DPD), either on the ...
CreditAccess Grameen’s net interest income rose 7.4% YoY in Q3 to Rs 861.7 crore, while assets under management grew 6% to Rs 24,810 crore as of December. The borrower base increased 2.4% to 48 lakh.