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2 In this new model of microfinance ... Established as a pilot project in 1976, Grameen Bank transformed into the world’s first commercial microfinance bank in 1983. In its first 15 years, the bank ...
In 2006, both Yunus and Grameen Bank were awarded the Nobel Peace Prize ... began convincing SKS’ clients to stop paying back their loans. A new trend thus emerged in the world of microfinance, which ...
IndusInd Bank's internal audit team was reviewing "certain concerns" in the Indian lender's microfinance business, the ...
Grameen Bank and its founder Muhummad Yunus won the 2006 Nobel Peace Prize for pioneering efforts to provide financial services to the poorest of the poor. Many enthusiasts believe microfinance is an ...
As a result, when microfinance ... new role for women within the household: by bringing in her own income, a woman’s dependency on her husband is reduced and her bargaining power is increased. “The ...
Najy Benhassine, World Bank country director for Pakistan, said in the statement that microfinance is a critical ... as spelt out in the new 10-year Country Partnership Framework.
Grameen Bank, which won ... it’s easy to see how microfinance can create a power imbalance between a lender and a financially strapped borrower, especially if that borrower is a woman. A central ...
Bank Andara, a wholesale commercial bank for the Indonesian microfinance industry ... XacBank launched a new initiative with funding from Nike Foundation and Womens World Banking to develop innovative ...