Microfinance provides banking services to the poor who would normally not qualify. These services usually involve such small amounts of money that traditional banking considers them inconsequential.
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 ...
The authors do not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and have disclosed no relevant affiliations beyond their ...
The RBI has flagged rising stress in microfinance loans, urging NBFCs to balance growth with sound practices, even as overall ...
Microfinance loans in India grew by 5.75% to ₹76,054 crore during the second quarter of FY 2024, industry data showed. Last year, ₹71.916 crore of loans were disbursed in the same period. In terms of ...
Microfinance loans have become a lifeline for many in India, especially those who don't have access to traditional banking ...
icrofinance loans in the country grew by nearly 11 per cent to Rs 71,916 crore during the second quarter of the current fiscal, industry data showed.Microfinance loans worth Rs 64,899 crore were ...
BANGLADESH MAY be the homeland of microcredit, but no country is keener on it than Cambodia. According to its central bank, there were some 160,000 branches of microfinance institutions around the ...
Microfinance loans in the country grew by nearly 11 per cent to Rs 71,916 crore during the second quarter of the current fiscal, industry data showed. Microfinance loans worth Rs 64,899 crore were ...