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see microcreditmicrocredit,
the extension to individuals of small loans to be used for income-generating activities that will improve the borrowers' living standards. The borrowers, most of whom usually are poor women, do not qualify for a conventional bank loan, and the loans, which may be as
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References in periodicals archive ?
Speaking on the occasion, Ghalib Nishtar, President and CEO, Khushhali Microfinance Bank, said 'Khushhali Microfinance bank is actively investing in a strong technology foundation to enter the arena of digital banking.
Being a commercial based microfinance institution, the bank purpose is to:
Speaking on the occasion, Ali Sarfraz, CEO Karandaaz Pakistan, stressed on the importance of microfinance for the success of Pakistan's National Financial Inclusion Strategy.
The Microfinance Ireland mentoring service, delivered through the Local Enterprise Offices, is aimed at both start up and expanding businesses that employ fewer than ten people.
This law covers only microfinance NGOs and does not cover for-profit microfinance institutions.
One of the top reasons why microfinance has not taken off in Pakistan is because the majority of microloans are still sanctioned to the men.
No doubt the subsidy approach to microfinance is not a long-term strategy, it is also dangerous to sustainability and ineffective; instead we call for a full market-oriented microfinance lending that creates sustainable institutions to cater to an ongoing need to fund economically active microfinance clients.
There are more than 300 Islamic microfinance institutions (IMFIs)working in 32 countries of the world but funding has always been a critical issue in the Islamic microfinance industry.
The Microfinance CEO Working Group welcomes CARE's Access Africa and BRAC to its international collaboration in a shared commitment to financial inclusion.
BANKING AND CREDIT NEWS-February 13, 2015-New leaders join Microfinance CEO Working Group
Global Banking News-February 2, 2015--International Finance Corporation invests in Lafayette Microfinance Bank