A lot of people are living under poverty, but with microfinance they have the chance to lift themselves out of poverty. Microfinance provides financial resources like loans, savings, insurances and business training to help people build businesses. Oktober 17th is the International Day for the Eradication of Poverty. The UN secretary-general Ban Ki-Moon is going… Fortsätt läsa Give your signature
Accion is illustrating poverty fighting strategies, what they are doing now and what are planning to do later in their report for 2007. They write about the problems of the microfinance world and how to solve them. Download the annulal report here if you are interested in microfinance and microcredit.
Almost everywhere around the world the stockmarkets have been falling in the last time, due to things like banks loosing money in subprime loans. But not everything are loosing value nowadays. The microfinance industry is developing and more traditional financial institutions are opening their eyes for microfinance because they starts to see the huge opportunities.… Fortsätt läsa In times when stockmarkets are falling
Vanatau belongs to the poorest countries of the pacific areas. Many people are out of reach of modern and secure banking services in the rural areas of Vanuatu. Some people that are employed by the government must make long trips to the nearest branch of the National Bank of Vanuatu (NBV) to deposit their salary… Fortsätt läsa The Asian Development Bank will fund banking services in Vanuatu