While microfinance institutions are a vital source of credit for many businesses, experts say there is still a deliberate need for financial literacy to truly empower entrepreneurs and break the cycle ...
The concept of halal microfinance has gained significant attention as a means of providing financial assistance while ...
Thirty years ago, microfinance revolutionized the market with affordable loans for the disadvantaged. Until then, the most vulnerable population segments were left out on the fringes of the financial ...
Magic Circle law firm Clifford Chance and DFDL have advised a consortium of investors on the $550 million sale of Cambodian microfinance institution Amret to Taiwan's Bank SinoPac, which was ...
With evolving economies, the need for financial inclusivity in rural communities is dire. Microfinance institutions have emerged as a powerful tool in ensuring that rural populations are geared ...
India’s microfinance sector is experiencing a notable rise in delinquencies, particularly in the top ten states, despite the banking sector’s celebration of a 12-year low in non-performing assets ...
The Indian microfinance sector, which is reeling from the pressure of mounting bad loans forcing lenders to slow down growth, could come out of the woods soon if the positive trends of December are ...
The Indian microfinance sector faces persistent challenges, with stress levels likely to endure for another two to three quarters. According to Chandan Thakur, Deputy Director at Sa-Dhan, these ...
The precarious state of today’s microfinance (MFI) lenders is not so different from that of the owner, the golden goose being India’s lucrative MFI market. The MFI industry is in a lot of ...
Calculate here The rates charged by microfinance lenders have always been a contentious issue and have again come under regulatory glare following an increase in defaults seen in the sector. Most ...
The microfinance industry contracted in Q2 FY25 with delinquency rates on loans rising to 4.3 per cent in September 2024. Borrowers with multiple loans decreased. Lenders urged the government for a ...
During a pre-Budget consultation with the department of financial services secretary, Sa-Dhan—a self regulatory organisation for microfinance institutions and other members of the sector—has called ...