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Through microfinance loans — small amounts of capital that fund the start of modest businesses — Grameen demonstrated that the poor are “bankable,” and boasted an impressive 98 percent loan recovery ...
When it was first introduced, many lauded microfinance as the solution to worldwide poverty. While that has proven not to be the case, the model does offer a step in the right direction Microfinance ...
That is, until she discovered Grameen Bank, one of the first microfinance institutions (MFIs), which set up shop in rural Bangladesh in the wake of the 1976 famine. In 1979, Grameen made Mufiya a ...
India's microfinance sector, which went through a tough phase in recent quarters, is now showing early signs of recovery, according to a report by Investec Equities. The report stated that many ...
Tightening regulations and stricter underwriting standards in Indian microfinance will rein in growth plans for sector lenders and defuse risk buildup for overleveraged borrowers, said S&P Global ...
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