Microfinance, or the provision of small loans to people outside of the formal banking system, has always struggled to prove that it is effective in reducing poverty. The hurdle is a high one. A poor ...
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Choice Microfinance Bank expands into Kenya's travel business after new deal with Triply
Choice Microfinance Bank partners with Triply to enhance banking access for travel businesses in Kenya, addressing ...
Microfinance claims to have a “double bottom line.” Lending to poor populations in developing countries needs to be profitable to be sustainable, while social impact in terms of achieving “financial ...
Microfinance has been touted as a miracle cure for poverty in the global south. The reality has been a lot messier. Illustration by Adrià Fruitós. Yabom was lucky. She heard a flat tone, then an ...
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Cambodian Microfinance Institutions (MFIs) backed by international investors have aggressively marketed loans to Indigenous communities, targeting the value of their land as collateral for loans.
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