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sustainable microfinance Tagged Articles
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Realising the potential of microfinance
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| Microfinance is a key strategy in reaching the Millennium Development Goals (MDGs) and in building global financial systems that meet needs of most poor people. Although microfinance has demonstrated the potential to reduce poverty, its impacts have varied. Perhaps as a result of these inconsistencies, few donors have prioritised microfinance in their strategies to achieve the MDGs. |
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Other sustainable microfinance Related Articles
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Sustainable Business Change Begins With First Beliefs and then Attitudes
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| Sustainable change is becoming a "hot" business word. Entrepreneurs are realizing that change must be sustainable. Maybe you might identify with these two stories and begin to accept that sustainable change begins first and foremost with your beliefs. |
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4.1 Objectives and Coverage of the Regulatory Framework: Microfinance in Africa - Experience and Lessons from Selected African Countries
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| Overall, the rationale for microfinance regulation is to create a healthy environment for
microfinance activities while not stifling the growth of the sector by imposing undue
requirements. |
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Who are the clients of microfinance? FAQ
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| The typical microfinance clients are low-income persons that do not have access to formal financial institutions. Microfinance clients are typically self-employed, often household-based entrepreneurs. In rural areas, they are usually small farmers and others who are engaged in small income-generating activities such as food processing and petty trade. In urban areas, microfinance activities are more diverse and include shopkeepers, service providers, artisans, street vendors, etc. Microfinance clients are poor and vulnerable non-poor who have a relatively stable source of income. |
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Realising the potential of microfinance
| |
| Microfinance is a key strategy in reaching the Millennium Development Goals (MDGs) and in building global financial systems that meet needs of most poor people. Although microfinance has demonstrated the potential to reduce poverty, its impacts have varied. Perhaps as a result of these inconsistencies, few donors have prioritised microfinance in their strategies to achieve the MDGs. |
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Redefining Microfinance as a Strategy to Achieve the MDGs: International Year of Microcredit Report Advocates Shift from Poverty Alleviation to Wealth Creation
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| With microfinance gaining attention for its vital role in eradicating poverty, the International Year of Microcredit recently released a report, "Microfinance and the Millennium Development Goals (MDGs): A Reader's Guide to the Millennium Project and Other UN Documents", to provide further background and support for microfinance initiatives. |
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Microfinance 2015: Panel Focuses on the Future and Outlook of Microfinance
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| Where will microfinance be in 2015? What is the future and challenges of microfinance? The first discussion held at the launch of the International Year of Microcredit 2005 focused on these key questions. |
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Inhibitors to Success
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| At its core, microfinance is not terribly different from mainstream consumer finance.
From accessing funding to managing the disbursement and collection of funds, microfinance
operates like any consumer finance business. But because microfinance serves a very different
client segment – the world’s poor – we cannot ignore the different set of challenges these clients
face and the implications these challenges have on the organizations serving them. |
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Assessing social performance cost-effectively
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| Many MFIs have an explicit social mission that goes beyond profitability such as reducing poverty and exclusion by providing good quality, reasonably priced and sustainable financial services to poor people who are normally excluded from regular banking systems. The link between microfinance services and poverty reduction, however, is far from simple. Positive impacts cannot be taken for granted.
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Overall Conclusions and Main Messages - MicroStart: Finding and Feeding Breakthroughs
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| Through MicroStart, UNDP is making an important contribution to the growth of microfinance around the world, both through its direct support of MFIs and through the processes and ideas it is introducing into countries where microfinance is just beginning. |
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Sustainability Driven Innovation
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| Sustainable innovations are creating new business models, opening up new markets and providing competitive advantages. Sustainable innovation is also improving profitability. Companies around the world are demonstrating how innovative sustainable practices are bettering their bottom line. A focus on sustainability is enabling organisations to innovate, differentiate themselves and succeed. Although sustainable practices were once dismissed for being too costly, increasing numbers of companies are coming to the realization that sustainable innovations are a gateway to growth. Visionary business leaders who anticipate the winds of change and creatively develop sustainable products and processes will thrive in the rapidly changing economic landscape. |
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