Posts Tagged ‘micofinance’

Microfinance Focus, October 1, 2010: After expanding its reach in North Eastern corridor, Bangalore based Ujjivan Financial Services, has now entered the agriculturally advanced state of Punjab by opening two branches in Bhatinda & Abohar. With an objective of reducing the economic disparity and cover the areas which have remained deprived of access to financial services in Punjab, Ujjivan will be providing micro-credit to needy working ... Full story

By Nagesh Narayana Microfinance Focus, Feb. 2, 2010: In his testimony to the US Committee on House Financial Services, Damian von Stauffenberg, Chairman of MicroRate, has argued against the donor money into the sector and negated the theory of MFIs being perceived as a mechanism to transfer wealth to the poor, said ... Full story

By Nagesh Narayana Microfinance Focus, Jan. 27, 2010: Princess Máxima of the Netherlands, special advisor to the United Nations Secretary-General on financial access, has reiterated her plea to allow people in poor countries easier access to financial services, which she said would play a vital role in changing their economic lives. She said microcredit should become a ... Full story