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30 Aug, 2010, 01.42AM IST, Shailesh Menon,ET Bureau
MUMBAI: Microfinance companies are increasingly adopting the securitisation model to raise capital. Over a dozen organised lenders have raised money over the past one year by selling their assets (micro-loan units) in the securitised form. This involves the pooling of similar type of micro-loans and repackaging them [...]
Technology and development: A growing number of initiatives are promoting bottom-up ways to deliver energy to the world’s poor
Sep 2nd 2010
AROUND 1.5 billion people, or more than a fifth of the world’s population, have no access to electricity, and a billion more have only an unreliable and intermittent supply. Of the people without [...]
The MiFi Report is excited to present you with a program that celebrates the last two Nobel Peace Prize concepts: environment and microfinance. Electronic waste like cell phones pollute the environment (up to 35,000 gallons of water per phone) and microfinance has been proven to be an effective poverty alleviation tool. In response to these issues and as a [...]
Source: http://www.mykro.org/2009-the-year-that-2008-catches-up-to-microfinance/2009/02/
Just about every week, someone will write a piece on microfinance and the effects the worldwide credit crisis will have on the sector. Most journalists and experts alike are optimistic that microfinance will weather the storm and could even be “the answer” to the international investment predicament we are slipping further and further into [...]
This interview was undertaken in Cape Town, South Africa between the co-founders of The MiFi Report.
Nick: Could you describe Microfinance in one sentence?
James: Microfinance is the practice of providing the financial tools that you and I take for granted every day, such as credit, savings, insurance, etc., to those affected by extreme poverty.
Nick: Can you describe the tools you referred to for providing [...]
