The concept of halal microfinance has gained significant attention as a means of providing financial assistance while adhering to Islamic principles. By combining ethical practices with financial ...

Local examples include Term Finance SME ... MFIs are helping to right this wrong, with 63% of regional microfinance recipients being women. 3. Credit Building: How does one build a credit history ...

New data from the CBN has shown that over 95% of loans were gotten from microfinance banks in 2024, leaving the commercial banks to scramble for 5% The data also shows a year-on-year decline in loans, ...

RBL Bank's net profit plummeted 86% to Rs 33 crore in Q3 FY24, mainly due to a Rs 414 crore provision for potential losses in its microfinance loans. Additional stress from unsecured lending segments ...