Recent revelations about the role of Nobel Prize winner Muhummad Yunus in the alleged misuse of $100 million by the Grameen Banks (and the cover-up of that misallocation) have begun to provoke overdue ...

Average ticket sizes across the microfinance industry are also increasing, with share of loans above Rs 75,000 now at 38 per ...

Small loans, quick approvals and minimal paperwork make microfinance accessible, but the way these loans are structured and ...

Banks have turned cautious on microfinance after months of stress. The ₹20,000 crore guarantee seeks to de-risk lending and ...

NBFC-MFIs topped the microfinance portfolio in FY23 with Rs 1.30 lakh crore portfolio size in comparison to banks (Rs 1.20 lakh crore), SFBs (Rs 58,431 crore), NBFCs (Rs 29,664 crore) and ...

New York, United States , July 08, 2024 (GLOBE NEWSWIRE) -- The Global Microfinance Market Size is to Grow from USD 215.68 Billion in 2023 to USD 590.74 Billion by 2033, at a Compound Annual Growth ...

Thirty years ago, it was widely thought that the perfect solution to unemployment and poverty in developing countries had been found in the shape of microfinance, the provision of tiny microloans used ...

Forbes contributors publish independent expert analyses and insights. I write about the intersection of tech and social progress in Asia. In developing economies such as Myanmar, microfinance is often ...

Critics of microcredit make some convincing arguments that need urgent rebuttal from the organisations that have ploughed huge sums into it The complicated twists and turns in Bangladesh over the ...

The Bank of Ghana (BoG) has unveilled comprehensive reforms for the microfinance sector, imposing new minimum capital ...

Nigerian digital payments provider Moniepoint acquired a 78% stake in Sumac, a Kenyan microfinance bank, to build on an ...

Parliament Speaker Dr. Jagath Wickramaratne yesterday endorsed the certificate on the Microfinance and Credit Regulatory ...