Microfinance

Microfinance institutions are playing an important role in the delivery of financial services to the poor. Increasingly, these MFIs are for-profit, limited liability companies, the ownership of which is in the hands of multiple shareholders. In most cases, shares are privately held (i.e., not publicly traded). Most such MFIs are licensed financial institutions finance companies and banks. Many are deposit takers. The microfinance industry has directed to change all that by building a financial market

Introduction Microfinance are the financial institutions who provide loans or funds to individuals who do not possess the actual documents which can be submitted to banks to seek/borrow loans. These individuals can be entrepreneurs and small scale business owners. Microfinance institutions mostly function in developing countries when compared to developed countries. They are almost similar to banks with regards to the nature of functioning, for instance, they fund people who would like to start a

and under development the idea of microfinance has been created. India has experienced microfinance in both good and bad ways, and I want to use this

CHALLENGES OF MICROFINANCE BANKING IN NIGERIA-1 Nigerians, like many other Africans are generally known as their brother’s keepers in view of the extended family system. But when truly analyzed, there is a possibility that this may not be so? Perhaps a hypothetical deep may reveal that not up to 10% of Nigerians would invest in ventures or people that would yield them nothing in return and here I mean, “Returns in the short run or in the immediate”. The returns may be financial, emotional, spiritual

Paper Title Resource Management Paper Code 95.806(b) Term 2 2015 Lecturers : Dr. Maurice Judd Assignment Title Microfinance as an opportunity in sustainable development Case 3 Microcredit in Rural Bangladesh: Is It Reaching the Poorest?" Due: 02/10/2015 Student Name: Patel Nimisha Student ID: S2145218 Article Details This critical analysis is done on the journal

and developed countries taken several steps to alleviate the poverty. In the world %??(how much %) people are living life below the poverty line their daily or monthly income is less than $ xxx(how much) . One main step is the establishment of Microfinance Institutions which are providing micro credits to the poor people without any collateral. The performance of these institutions is very attractive even some commercial banks also started micro financing on commercial basis. Actually it is not

Source Makonen Getu, Human Trafficking and Development: The Role of Microfinance, Transformation, 23 (3) 2006, 142-156. Introduction This review critically reviews the article “Human trafficking and Development: The Role of Microfinance” in the journal “Transformation”. The review will firstly summarize the article. Secondly, it will briefly define the main purposes of the article. Thirdly, it will analyze the effectiveness of the structure, considering how the information is set out and whether

A Proposal for Sustainable Development through Microfinance The following proposal synthesizes from the history of the microfinance industry, particularly its successes and failures, a model for developing a sustainable microfinance initiative. Central to this synthesis is the analysis of the strengths and weaknesses, challenges and opportunities, and characteristics of three well-managed microfinance institutions (“MFIs”): Grameen Bank (“Grameen”), Compartamos, and Friendship Bridge (“Friendship”)

Question: “Microfinance appears to offer a ‘win-win’ solution, where both financial institutions and poor clients profit” (Morduch, 1999). Critically assess this statement with reference to the empirical literature. Introduction Microfinance has achieved growing significance as a tool for poverty alleviation with the year 2005 marked as the United Nations International Year of Microcredit. Over the years, the world has witnessed a remarkable growth in the number of institutions offering microfinance

is viewed, the goal stay the same: to get people out of poverty and a change to chase a better life for themselves. The use of microfinance as a tool to tackle poverty can be dated all the way back to the 19th century when some scholars and economists talked about encouraging entrepreneurs and farmers to take small credits in order to get out of poverty. The Microfinance model we use today got it root from the Grameen Bank created by Dr. Muhammad Yunus from Bangladesh. When he returned home from