Tag Archives: microfinance

Support infrastructure for social enterprise – persuading the investor to be more entrepreneurial

Re-envisioning capitalism is a constant theme at the moment. As the global economy continues to reel from a financial crisis that seems to have no end in sight, people are starting to question what ‘traditional capitalism’ can deliver. If this … Continue reading

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IFC and MasterCard Foundation to increase access to financial services in Sub-Saharan Africa

The International Finance Corporation (IFC) and the MasterCard Foundation have joined forces in a $37.4 million project to bring financial services to some 5.3 million people in Sub-Saharan Africa. The project will help microfinance banks in the region expand more … Continue reading

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Time for microfinance to reflect, but not too much

One of the Day One sessions at the Global Philanthropy Forum was titled ‘Microfinance in Crisis?’ and featured David Roodman, Michael Schlein, President and CEO of ACCION International, Reeta Roy of the MasterCard Foundation and Keely Stevenson, CEO of Bamboo … Continue reading

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Microfinance under the microscope: more questions being asked

Once upon time, it was impossible to talk about microfinance without something like reverence. The ‘hats off’ period seems to be over as questions about its limitations multiply. The Wall Street Journal recently accused microfinance institutions in India of indiscriminately … Continue reading

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BRAC to ‘jump-start’ development in war-torn West Africa

Microfinance pioneer BRAC is to lead a two-year pilot programme to help rebuild war-torn communities in West Africa. Sponsored by the Soros Economic Development Fund (www.sedfny.org), the Open Society Initiative for West Africa (www.osiwa.org), the Omidyar Network (www.omidyar.com) and Humanity … Continue reading

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