From microcapital.org
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Bangko Sentral ng Pilipinas (BSP), the central bank of the Philippines, has reportedly announced that the number of microfinance borrowers in the nation rose from 932,622 to 963,717 between September 2010 and June 2011, and the total of outstanding loans increased from PHP 6.53 billion (USD 148 million) to PHP 7.14 billion (USD 164 million) [...]
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Microcredit dues fell to Rs 21,000 crore in December from Rs 26,900 crore in March 2011, according to Reserve Bank of India data. In April-December 2010, micro-credit had grown 32.2 per cent. Banks have been reluctant to lend to the segment after the ...
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From api.bing.com
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David Roodman strikes a balance in “Think Again: Microfinance,” a new article out this week in Foreign Policy. He gets to the bottom of five microcredit myths, which come from both supporters and detractors of microfinance.
Are there any you disagree with?
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From globalenvision.org
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What has made so many so sure of microcredit? The ideas are powerful: a blend of self-reliance and liberation that appeals across the political spectrum. Microfinance promoters told compelling stories of individual men and women whose successes ...
From api.bing.com
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- Microfinance Open Book blog: The Logging Business (feedburner.com)
A project sponsored by Caritas in Kontum combines credit for farming and breeding to human resources development. We “learnt to raise pigs, plant vegetables and make organic fertilisers, save time and money, and protect the environment,” participant says. “Now my children have good conditions to go ...
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From speroforum.com
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Overview
A community portal about Microcredit with blogs, videos, and photos. According to Wikipedia.org: Microcredit is the extension of very small loans to the unemployed, to poor entrepreneurs and to others living in poverty who are not bankable. These individuals lack collateral, steady employment and a verifiable credit history and therefore cannot...more
A community portal about Microcredit with blogs, videos, and photos. According to Wikipedia.org: Microcredit is the extension of very small loans to the unemployed, to poor entrepreneurs and to others living in poverty who are not bankable. These individuals lack collateral, steady employment and a verifiable credit history and therefore cannot meet even the most minimum qualifications to gain access to traditional credit. Microcredit is a part of microfinance, which is the provision of financial services to the very poor; apart from loans, it includes savings, microinsurance and other financial innovations.
