You may have heard of microfinance, but what it actually is and what the popular perception of what it is are often two different things. Microfinance began in 1974 when Muhammad Yunus started Grameen ...
Micro entrepreneurs in developing countries who take out loans from microfinance organizations as members of a group are more satisfied with their experience than individual borrowers. And ...
Those are some of the findings from research conducted for the 2021-2022 60 Decibels Microfinance Index, aimed at assessing the effectiveness of microfinance practices—by talking to customers. Based ...
The government has approved a Rs 20,000-crore credit guarantee scheme to support microfinance institutions (MFIs), which face funding challenges and rising non-performing assets. This scheme offers ...
Loans above Rs 75,000 now account for 38% of microfinance disbursals, reflecting lenders' growing preference for larger ...
People who invest in microcredit loans to help some of the world’s poorest people are finding that nearly all of those recipients of the loans are repaying them, making such charitable giving even ...
Microfinance lenders are expanding into secured products such as gold, mortgage and MSME loans as RBI's revised norms and ...