Microfinance

It has successfully captured a large market base by the virtue of being the first microfinance institution, which has undoubtedly made it a market leader in the micro-finance market. However, since the past few years many well established banks such as Standard Chartered, Bank of Khyber, First Women Bank and the Citibank have taken a keen interest in the microfinance sector. Although such banks have numerous resources to operate on a scale much larger than Kashf, the reason…

BASIC STRUCTURE OF A MFI: Fig-1.1(Basic Structure of MFI in India) • The MFI structure is basically a hierarchical structure with the Daily/Contractual workers at the bottom of the hierarchy. The work of these is to identify the people who are in the need of loan assistance. • Next in the hierarchy are the middlemen and frontline staff. There work is mostly related to establish an amiable connection with the people who are in need of loan. • Then after a successful interaction it…

to poverty? Micro-credit is a small loan given to individuals living in poverty, usually women, to be used to start businesses, generate income and alleviate poverty (Karim, 2008). Since the conceptualization of microfinance by professor Mohammed Yunus and the Grameen Bank, microfinance has been used to lift individuals and families out of poverty. Individuals have successfully used the small loans to start or grow small businesses and used the income from those businesses to feed their families…

1. Background to the study Poverty and urbanization are highly gendered, with women constituting the poorest of the poor in most developing countries. A study by Kanji (1993) indicated that women, in general, and female heads of households, in particular, make up the majority of the urban poor. Moreover, literature on gender and development argue that development is often subjected to male bias (Kabeer, 1994; Moser, 1993). Realizing the poor status of women worldwide, women's issues have been…

Question 1: The question given was to critically discuss the concept of marketing to the bottom of the pyramid. To define what the bottom of the pyramid is, is that it is a socio-economic concept that allows people to group a massive sector of the world’s poorest populations establishing an invisible and unserved market blocked by challenging barriers that stop them from recognising their human potential for their own benefit, those of their families and that of humanity’s at large.…

collateral requirement to SME’s as well as small clients. In an analysis made by a researcher in Tanzania lending system to SME’s is more expensive as compared to larger enterprises in terms of loan programme, loan scrutinizes and agreement enforcement, microfinance guesstimate that vetting to collect information about the…

It is well shown in the documentary. The aid has not helped end poverty, it rather helps the vicious cycle of poverty to continue. The only positive and instrumental project the documentary covered was the microfinance projects. Where members of communities used the loan money to start up small businesses. Also, the documentary indirectly showed how most aid money does not actually go to the poorest who would need it the most. Large amount of money seems to be…

which can often remain uncorrected. The concepts of fraud, internal control and risk management are not uncommon across the commercial banking sector and strategies have been devised to respond effectively to areas which are at risk in terms of microfinance organisational scope down to the project and program level scope. While most internal errors are representative of a minor loss of funds, collectively if such strategies and risk management plans are not fully implemented the MFI in question…

Who are we? Habitat for Humanity International Habitat for Humanity International is a nonprofit, Christian organization that works in 32 countries in Europe, Middle East, and Africa to eliminate poverty housing. Since its founding in 1976 by Millard Fuller and his wife Linda, Habitat has built or renovated more than 800,000 homes around the world, providing more than 4 million people with safe, decent, affordable shelter. Habitat for Humanity Armenia Habitat for Humanity Armenia is the…

Since the early 1990s, microcredit, or the provision of small loans to borrowers in the poorest areas in the world who lack collateral and employment, has been widely regarded as an effective tool to combat poverty. Microcredit loans have been widespread in development institutions across the socio-political spectrum in the Global South, as part of local and national government initiatives and as independent entities (Uddin 144). Many researchers and practitioners also consider microcredit a…