Posts Tagged ‘alex counts’

JP Morgan provides $3M grant to Grameen Foundation’s BwB Initiative

By Nagesh Narayana Microfinance Focus, Feb 5, 2010: Supported by a three-year, $3 million grant from JPMorgan Chase Foundation, an inaugural sponsor of the program in 2008, Grameen Foundation has announced it is expanding its Bankers without Borders® (BwB) initiative, which taps senior working professionals for short-term, field-based or remote skills-based projects supporting microfinance institutions (MFIs) and technology-for-development initiatives. Since the program's launch, approximately 3,000 professionals from ... Full story

Alex Counts: Flexibility is the mantra for microfinance institutions

Alex Counts: Flexibility is the mantra for microfinance institutions
MF Focus, July 20, 2009: Flexibility in microfinance/micro credit loans will help the sector tide over many new challenges, Grameen Foundation CEO Alex Counts has said in a recent interview to Microfinance Focus. Terming multiple borrowing that is hitting hard the industry's growth in recent years, Counts termed it as a dangerous trend that can be fixed by addressing the issue of under-lending first and secondly, dissuading loan officers from underestimating the risk in order to meet the target. Full story
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