Microfinance typically refers to various kind of small loans, savings, money transfers and other kind of financial services targeted to low-income clients. Now, as the market for microfinancing mature, there are new options also for foreign currency exchange which often been pointed out as a big risk factor. Mini Foreign currency exchange Recent studies show… Fortsätt läsa Microfinancing foreign currency exchange
We would like to anounce that you can now connect to us on twitter. Start follow microfund on twitter! Our aim is to get closer to the people out on the field with connections to microfinance and entrepreurs in order to build our network of microcredit.
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.
On the Accion webpage you can find videos that presents the work in bringing financial services to the poor. The videoclips are from areas in the U.S., Peru, Uganda and Tanzania. You find introduction videos, a how to set up MFI-video, microentrepreneus telling their story and about the partners in the microfinance industry. Here you… Fortsätt läsa Voices from the field
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
The Inter-American Development Bank(IDB) sponsors a new pilot rating program in Latin America set up by S&P to improve the infrastructure of microfinance institutions for national capital markets. S&P and IDB are cooperating in this project with the aim to gain acccess to the capital markets for the MFIs. Standard&Poors involvement is a breakthrough in… Fortsätt läsa S&P and IDB are setting up global rating system for MFIs in Latin America
Kiva.org connects you to specific business somewhere in the developing world where microfinance is needed. Kiva.org is listing all businesses who´s connected to a microfinance institution joining the Kiva program. By lending out as little as $25 to a business you can make huge impact and help them getting economic stable. Usually the loan is… Fortsätt läsa How you can get into microfinance with Kiva.org