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 ...

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 ...

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 ...

It is time for the industry to recall the lessons of the 2010 crisis and do a course correction Microfinance industry loan portfolio will rise to Rs 4.24 lakh crore by March-end: MFIN CEO Alok ...