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Master Thesis of 2004. Still gives you a fairly good overview about what's microfinance is about (and some "German English").
79 Pages
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06/01/2007 |
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Presently there is a debate in Nicaragua, where the current President has stated that interest rates charged by the MFI is too high. What is a fair interest rate.
Goodday sir,
Please sir i will be happy if you can send me the email of the people i can discus about the loan to me thanks
The thesis is very informative and helpful.
Actually you hear more and more about it and its also getting bigger and bigger. Just check out who won the last noble peace prize last year (http://nobelprize.org/nobel_prizes/peace/laurea... or where Sequoia Capital (the VC behing Google, Apple, Youtube...) hast recently invested (http://www.vccircle.com/blog/_archives/2007/3/2...
interesting asserstions
RW, it's not more prevalent because the effectiveness varies depending on the implementation. However, there are some methodologies utilized that seem to reduce the likelihood of that the loan will be defaulted upon.
I'm a big believer in this approach (when executed properly). It is spreading slowly but surely; we simply hear little about because it's not as dramatic as building dams; the results are significant in the lives of the participants, though.
ebusco34327 7 months ago
One of the challenges of microfinance is that many people don't trust the banks, they are afraid the banks might fold up and as such don't want to put there money into it (for deposits/ huge savings). Also some insincere customers take loans from the bank that is set to help them the poor but they refuse to pay back.