Recent revelations about the role of Nobel Prize winner Muhummad Yunus in the alleged misuse of $100 million by the Grameen Banks (and the cover-up of that misallocation) have begun to provoke overdue ...
The following post was published on the Knowledge@Wharton website on January 16, 2013. Microfinance -- an approach to poverty based on providing small loans and other financial services to poor people ...
PUNE, India, Feb. 2, 2026 /PRNewswire/ -- Global Microfinance Market size was valued at USD 235.21 Billion in 2025 and is ...
Grameen Bank, which won the Nobel Peace Prize in 2006, earned its celebrated reputation by helping poor women in Bangladesh become entrepreneurs. Through microfinance loans — small amounts of capital ...
Microfinance is the delivery of financial services in small amounts – mainly loans but increasingly savings and insurance – to entrepreneurs who typically do not have access to mainstream or ...
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Microfinance has been hailed as a boon to the developing world. By extending small amounts of credit to would-be entrepreneurs, the model is said to raise incomes, reduce unemployment, and empower ...
NBFC-MFIs topped the microfinance portfolio in FY23 with Rs 1.30 lakh crore portfolio size in comparison to banks (Rs 1.20 lakh crore), SFBs (Rs 58,431 crore), NBFCs (Rs 29,664 crore) and ...
Microfinance has the power to bridge the gap between the rich and the poor – UNCDF policy specialist
A Policy and Ecosystem Specialist at the UN Capital Development Fund (UNCDF), Clara Arthur, has underscored the pivotal role of microfinance in advancing the United Nations Sustainable Development ...
Stripped of the realities of human selfishness and incompetence, microfinance seems a perfect model. Include the poor in the financial sector, give them small loans to invest in their business or ...
According to the Bank of Ghana, this decline is not merely a financial outcome, but it reflects a reduced contribution to ...
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