Microfinance
Barometer 2017: global trends of the sector...
Microfinance: a dynamic and fast-changing sector
In his editorial, Jean-Luc Perron, vice chairman of Convergences,
gives an overview of a sector with annual growth of over
9% in the global portfolio of loans and the number of active
borrowers. Still, some two billion adults today don't have
access to a financial institution.
Source
Trends
in Microfinance
Microfinance is the practice of providing small scale financial
services to the world's poor, mainly loans and savings and
increasingly other products like insurance and money transfer.
Worldwide there are an estimated 10,000 Micro Finance Institutions,
with charters ranging from non profit NGOs to Credit Unions
and Commercial Banks. The 1,300 MFIs who at the end of 2008
were...
Source
Key
facts abour Microfinance
Microfinance is the supply of loans, savings, insurance
and other basic financial services to low-income households
and microenterprises, often in emerging economies, where
people do not normally have access to normal bank loans.
Most microfinance credit is provided without collateral
and loans are small, usually less than $100.
Source
Microfinance
and Economic Development - World Bank
Microfinance was first trumpeted as a way to unleash the
productive capacities of poor people dependent on self-employment
(e.g., Hulme and Mosley 1996). The idea was straightforward:
microfinance would transform customers’ businesses
by ....
Source
Top
10 Microfinance Institutions in India
Source
We plan
to brand each social & health issue.
So we share them separately and not within the country.
We
know that governments, corporates, funding agencies, philanthropists,
media, NGOs, volunteers are interested in issue programmes
in their country.
So within the issue, we share programmes countrywise.
Global examples are India and Thane district in India.
We started with portals on social sector in India &
Thane in 1999.
If it was other country, we would have taken that as example
country.
Citizens in every country face challenges on many social
& health issues.
Government Ministry of various countries and the schemes
they have must be seen by many other country governments.
Some can be replicated (better word for copying), some can
be modified based on community & country size &
culture.
We
want issues to benefit and want to do it in such a way that
nobody need to come to us to know the details.
So the simple option is share links to the programmes directly
handled by NGO Brands or supported by corporates, funding
agencies, philanthropists, celebrities. We want volunteers
for many issues and we can not handle millions of present
& potental volunteers and thousands of present &
potential donors. That's why we share links, so that volunteers
and donors can directly contact related organisation.
In a way,
we are selfish. Selfish to save our time, so that we can
invest it in all issues, all countries face.
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