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Rachid Ajmal

Microfinance | Poverty | Islamic Finance | Loans - 1 views

themicrofinance.blogspot.com

microfinance poverty islamic loan institutions news loans microcredit auto finance

shared by Rachid Ajmal on 08 Jun 10 - Cached
  • Rachid Ajmal on 08 Jun 10
     
    "Everthing about Microfinance,microfinance news,Islamic Finance,microfiance institutions,microfinance bank,microfinance Africa,Loans,micro loans, microfinance in Morocco,Poverty and hunger"
Arabica Robusta

IPS - Banksters Hijack Microfinance | Inter Press Service - 0 views

www.ipsnews.net/...banksters-hijack-microfinance

poverty microfinance grameen yunis

shared by Arabica Robusta on 29 Jul 12 - No Cached
  • Now, new evidence suggests that even microcredit was not protected from the greed that characterises modern international finance.
  • In his book, ‘Confessions of a Microfinance Heretic’, released Jul. 9, former investment banker Hugh Sinclair claims that such banks and funds use microcredit, through local operators, to charge usurious interest rates – of up to 200 percent – on even the smallest loans.
  • Similar criticism constitutes the backbone of yet another study, focused on the European Investment Bank (EIB)’s approach to microfinance in developing countries.
  • ...2 more annotations...
  • “Nowadays microfinance encompasses a wide range of financial services, from micro-insurance to mobile banking, and seems to have lost its original vocation: instead of helping the poorest the question has been turned upside down and it is now how to make money out of them,” Carboni added.
  • in countries with limited capital markets, “the EIB is simply involved in investment projects, rather than in reaching out to the poor.” Furthermore, he said, “the accountability chains are long and obscure, and the management of portfolio is insufficient.”
cogzensolutions

Micro Finance Management Solutions on Tally Prime - 0 views

Micro microfinance

shared by cogzensolutions on 19 Mar 25 - No Cached
  • cogzensolutions on 19 Mar 25
     
    Discover efficient Micro Finance Management Solutions on Tally Prime to streamline loan disbursement, track repayments, automate interest calculations, and generate financial reports effortlessly. Tally Prime offers a powerful and customizable solution for microfinance institutions, ensuring accurate accounting, compliance, and seamless management of borrower accounts. Enhance efficiency with automated EMI calculations, outstanding reports, and integrated banking features. Simplify microfinance operations and scale your business with Tally Prime's robust financial management tools. Optimize your workflow today!
Arabica Robusta

DEVELOPMENT: Microfinance Craze Conceals Multiple Problems - IPS ipsnews.net - 0 views

ipsnews.net/news.asp

development microfinance ifis

shared by Arabica Robusta on 04 Jun 11 - No Cached
  • Most critics acknowledge that micro-finance is here to stay. Some, such as Karnani, would like to see the back of it while more moderate voices, such as Chang, believe it can play a role in development, but in the context of broader development interventions.
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