Microfinance is a growing sector. According to the 2024 Microfinance Social Performance Report by BNP Paribas, 173 million borrowers worldwide benefited from these services as of 2023. Learn how ...

You may have heard of microfinance, but what it actually is and what the popular perception of what it is are often two different things. Microfinance began in 1974 when Muhammad Yunus started Grameen ...

In addition to his time spent in the classroom, Georgetown Professor Rupert Scofield is executive international director of the Foundation for International Community Assistance, a microcredit ...

May 2 (Reuters) - Microfinance institutions in Africa hope to emulate the success and growth of the industry in Asia, and could offer a lifeline and escape from poverty for millions of people living ...

Microlending was one of the biggest parties in finance in recent years—an era of many parties. A new report out from the Centre for the Study of Financial Innovation (CSFI) details how things have ...

Microfinance has always been about opening doors for people excluded from formal banking. Today, digital finance is transforming how that mission is delivered. In my recent publication “FinTech as a ...

Liquidity support by the Centre may offer symptomatic relief, but India’s microfinance sector needs a structural recast.

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 ...

Research commissioned by the Cambodia Microfinance Association (CMA) and carried out by the M-CRIL ratings agency signals a retreat from the claim that there is a verifiable connection between ...