Sentences with phrase «microfinance institutions»
Microfinance institutions are organizations that provide small loans and other financial services to low-income individuals who typically do not have access to traditional banking services. These institutions aim to promote financial inclusion and support entrepreneurship among disadvantaged communities worldwide. Full definition
Borrowers like Ms. Cruz already have loans from microfinance institutions by the time their pictures are posted on Kiva's Web site.
nytimes.com
Leveraging the internet and a worldwide network of microfinance institutions, Kiva lets individuals lend as little as $ 25 to help create opportunity around the world.
On the microfinance sector, the Governor noted that the regulator is strengthening its licensing requirement to remove unlicensed microfinance institutions from the system.
Kiva works with microfinance institutions on five continents to provide loans to poor people without access to traditional banking systems.
Old Kiva is: lender, Kiva, microfinance institution as the field partner, and then the borrower.
The Bank of Ghana (BOG) says about 705,396 depositors of distressed or collapsed microfinance institutions (MFIs) and Rural and Community...
It includes MicroVest Holdings, which directs capital to low - income microfinance institutions; Bridge International Academies, a network of ultra-low-income private schools in Africa; and Sarona Asset Management, a frontier - market private equity firm that invests in businesses that serve lower - middle class or «base of the pyramid» customers or workers.
Kiva's lenders were actually backstopping microfinance institutions, and since Kiva and other online giving and lending models pride themselves on their transparency, Mr. Roodman and others suggested it might better explain what its lenders» money — about $ 100 million over four years — was really doing.
Activists of The All - India Democratic Women's Association protest Dec. 14 in Hyderabad, India, in front of the Reserve Bank of India, the nation's central banker, against microfinance institutions.
The program coordinator MicroEnergy Credits partners with local microfinance institutions to break this cycle with clean energy lending programs.
For example, the Inter-American Investment Corporation supported BancoSol, an early microfinance institution, when commercial funding for microfinance was still scarce.
Over the last few years many microfinance institutions have been attempting to fill this gap.
Gives grants to microfinance institutions in places where it does business.
He urged residents to demand from microfinance institutions, into which they intend to deposit monies, their license from the Bank of Ghana before undertaking any transactions with them.
With 90 % of refunds made to victims of DKM and other scams, President Akufo - Addo urged residents of the Brong Ahafo Region, and, indeed, all parts of the country to be wary of unlicensed microfinance institutions.
If the borrower didn't pay, the onus was on the microfinance institution.
It was still connected to the borrower, but it would come from the microfinance institution.
«It takes 12 hours and a bus to move money from a microfinance institution (MFI) in Lagos to an MFI in the north of Nigeria.»
Microfinancing and microfinance institutions (MFIs)...
«This project will address the financial needs of the «missing middle,» the segment not served by banks or microfinance institutions.
The collective result is the rise of non-traditional lending institutions such as Microfinance Institutions (MFI), Peer - to - peer (P2P) or Marketplace lenders or simply online lenders.
The bank should reform its charter to allow it to provide direct financing to microfinance institutions.
In El Salvador, recovering from the effects of civil war and then devastating hurricanes, microfinance institutions are now making more business loans than commercial banks.
Former Deputy Ashanti regional Minister; Joseph Yammin has revealed that the an NPP stalwart and parliamentary candidate for the Kintampo North Constituency is the manager for God is love funclub; one of the microfinance institutions that has duped its customers of several millions of cedis in the Brong Ahafo region.
His invitation to the August House was influenced by a plea from both sides of the House, especially, by two senior Members whose constituents are bearing the brunt of the collapse of the microfinance institutions, especially, DKM, God Is Love and Justa Motors.
With 90 % of refunds made to victims of DKM and other scams, President Akufo - Addo urged residents of the BrongAhafo Region, and, indeed, all parts of the country to be wary of unlicensed microfinance institutions.
They launched consumer credit bureau in September 2010 and also launched a separate dedicated bureau to address the growing lending and regulatory needs of the Microfinance Institutions in May 2011.
At Morgan Lewis, we believe it's our professional responsibility to support social enterprises, microfinance institutions, and other impact investors.
By getting into the partnership with the microfinance institution, the under insured section across the country will be boosted by the private insurer.
It is an offering to both employer - employee group and non employer - employee group, which includes non-banking financial institutions, microfinance institution, banks and other institutions.
Insurance companies are tying up with cooperative banks, microfinance institutions and small finance banks to widen their reach.
Private equity (PE) investments in microfinance institutions (MFIs), which fell by 12 per cent last year (2009), have recovered this year.
Although Cambodia has not explicitly outlawed the possession cryptocurrencies, Cambodia's government announced the prohibition of «all banks and microfinance institutions from trading, buying, selling and advertising cryptocurrencies,» in December 2017.