Without fear of calling myself out as a newbie, I’ll admit that this is my first post on Social Earth. However, it’s not my first on microfinance, a topic that I’ve covered in-depth for Main Street Microfinance, ACCION USA’s blog.
You should know a couple of things about me to give context to the (hopefully [...]
Jordan might still be coasting on it’s rebirth of economic prosperity brought on by its liberal economic policies – it is now classified as a “lower middle income” country by the World Bank – and it remains a nation that is determined not to leave anyone behind. In a report issued by Sanabel, the [...]
Back in August, while I was visiting that Mexican village that is so close to my heart, I spent some time with one of the kids I met when I first went to that place. Adiel was one of the “lucky kids” of the village. His family, due to his sister marrying well, was [...]
The social entrepreneurship crew generally likes to poo poo traditional development.
And why not? It is an easy target given the widely held belief that aid doesn’t work and evidence showing the wholesale ineffectiveness of many development projects. We are increasingly convinced that aid donors – institutional and individual – have dumped incalculable sums down [...]
On my way home from New York City on Saturday evening, I picked up the business section of the New York Times and began reading a column- the headline of which peaked my interest. “You, Too, Can Be a Microlender” by Ron Lieber. I’ve spent a fair amount of time studying the microfinance “niche” [...]
The threat of poor entrepreneurs taking on too much loan debt is a growing reality, and a genuine threat to the rapidly expanding microfinance sector. At Oikocredit’s annual staff and board meetings, regional managers who operate in almost 70 different countries, raised concerns over the rate of over-indebtedness in some countries. Those working in [...]
Australia will make AUS$60 million (US$55.5 million) available over four years to the Caribbean Community (CARICOM) for cooperation in a wide range of areas of special mutual interest. These include climate change, disaster risk reduction and emergency management; regional integration including trade facilitation; education, including in the fields of science and technology, provision of [...]
The following post is from the Deputy Governor of the Central Bank of Sri Lanka, W A Wijewardena.
A good policy should carry with it six qualifications. The policy should be simple, consistent, efficient, cost-effective, free from unintended consequences and sustainable. Hence, any policy thrust that is to be pursued should satisfy these qualifications. This applies [...]
P. N. Vasudevan, Founder and Managing Director of Chennai based Microfinance institution has been chosen for “Start-up Entrepreneur of the Year 2009” in TiECON Chennai 2009. TiECON Chennai 2009 is the TiE Chennai’s annual flagship conference and Tamilnadu’s largest conclave for entrepreneurs was successfully held today at the Chennai Trade Center.
This year’s conclave with [...]
Open your wallet and, if you still carry cash, take out a dollar bill. Across the top you should see written, “In God We Trust.”
The slogan is more than a bit inaccurate. Using money requires no trust in any god. That is, unless you think of Ben Bernanke as a deity. Use [...]
The IFC, a member of the World Bank Group, is helping microfinance institutions and banks in Nepal discuss strategies for expanding financial access by mobilizing deposits and using banking technologies such as payment cards, mobile phones, and retail agents.
Microfinance institutions, banks, payment providers, regulators, and development partners from Nepal along with institutions from Bangladesh [...]
Stressing the role for management graduates in microfinance, Suresh K Krishna , Managing Director of a Bangalore based MFI has urged MBA students to join the sector and take it forward professionally.
In his valedictory speech at the “International Convention on Microfinance” organised by NIAM Institute of Applied Management, Mr Krishna invited the management graduates [...]
For over 60 years, World Vision has been a pioneer in supporting humanitarian efforts around the world. In 1993 the organization launched a micro lending component supporting poor entrepreneurs in developing countries via micro loans. More recently, they have launched Micro, a micro- lending website to supporting their microfinance initiatives. In a similar [...]
