Since you started Kiva, microfinance has become quite a buzzword in the development community. People are making very big claims about what microfinance can do in terms of poverty reduction. What do ...
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 ...
Microfinance encompasses a suite of financial services—small loans, savings accounts, insurance and payment facilities—tailored to low-income populations who lack access to conventional banking.