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Posts Tagged ‘interest’


Posted on October 31, 2008 - by lincolnw

Microfinance draws interest

With a huge base of borrowers and emphasis on timely repayments, microfinance is relatively insulated from defaults…

New Delhi: In a volatile economy, microfinance institutions are offering stable returns over the long term and have begun to draw investor interest.
The quarter to September saw the most hectic venture capital action in microfinance yet, according to data collected by Venture Intelligence, which tracks such investments in the country.
“If the banking and financial services sector was the second favourite destination for venture money in that quarter, it was largely thanks to microfinance companies,” says chief executive Arun Natarajan. “Microfinance was heating up even of its own accord, but given that other investment options are falling off the radar, it is standing out even more now…{click this link to read the rest of the article}


Posted on August 22, 2008 - by James

Yunus: “Don’t profit from the poor”…

Nobel winner says don’t profit from poor

from the International Herald Tribune   

The Grameen Bank is owned by the people who borrow from it. At a Microcredit summit, 11 groups have agreed to report their annual interest rates. A move that may help to keep with sectors charitable roots… [click here to read the rest of this article...]



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