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Latest Microcredit Stories

2014-07-01 08:36:06

BERLIN, July 1, 2014 /PRNewswire/ -- Mentors International [http://www.mentorsinternational.org ], a non-profit organisation that uses microenterprise, mentoring, and business training to alleviate poverty worldwide, is implementing Mambu [http://www.mambu.com ]'s cloud banking platform across its entire network, spanning five countries worldwide. (Logo: http://photos.prnewswire.com/prnh/20130924/642408-a ) Currently active in the Philippines, Guatemala,...

2014-06-18 08:35:12

Rainy Day provides inexpensive short-term loans by combining Facebook and microfinance PORTLAND, Ore., June 18, 2014 /PRNewswire-iReach/ -- Rainy Day Capital, LLC announced today the beta launch of its website, rainyday.org, which relies heavily on social media and networks to create an inexpensive alternative to payday loans. The microlending site will provide short-term access to as much as $1,000 with no interest or fees for five days, up to four times a year. "The inspiration...

2014-06-09 23:05:16

On June 16, 2014, its fourth anniversary, Milaap invites change agents from around the world to join in a global, round-the-clock online conversation on sustainable giving. To learn more about and participate in this unique online event, please visit http://blog.milaap.org/digitalbirthday. Bangalore, India (PRWEB) June 09, 2014 Since its founding in June 2010 to fundamentally change the way people fund and impact communities in need, Milaap has facilitated more than 8,000 loans impacting...

2014-05-28 04:25:15

HONG KONG, May 28, 2014 /PRNewswire/ -- Global microfinance network makes strategic move to cloud and mobile Mambu, the cloud banking platform provider, has been selected by Opportunity International, the global microfinance network, as its core banking platform for small and medium business lending in China. Opportunity International (OI) is Mambu's first customer in China. (Logo: http://photos.prnewswire.com/prnh/20130924/642408-a ) Building on its...

2014-05-14 23:14:52

Partnership between City of Los Angeles and Kiva.org Has Accelerated Small Business Development in Los Angeles through Crowdfunded Loans to Small Business Owners and Aspiring Entrepreneurs Los Angeles, CA (PRWEB) May 14, 2014 Los Angeles Mayor Eric Garcetti’s Office of Economic Development and Kiva.org announced a renewed partnership committed to the success and impact of Kiva City Los Angeles today. Launched in 2012, Kiva City Los Angeles is an initiative that gives anyone a chance to...

2014-05-09 12:24:02

WASHINGTON, May 9, 2014 /PRNewswire-USNewswire/ -- In a new paper, CGAP reviews recent empirical research that analyzes the impact of financial inclusion for the poor. More and more, these studies show that appropriate financial services can help improve individual and household welfare and spur small enterprise activity. CGAP CEO Tilman Ehrbeck elaborated on this in a recent article for HuffingtonPost.com. http://photos.prnewswire.com/prnvar/20140508/85963 A few years ago, a storm...

2014-05-05 23:11:31

1% For Women is creating change in the lives of women around the world through microcredit. This Mother's Day send a gift to your mom, receive one for yourself and enhance the lives of others. Buena Vista, CO (PRWEB) May 05, 2014 It has been called many things – paying it forward, the ripple effect, investing in the future – but it has been proven that making microcredit loans to women to help them maintain a stable income for their family enables their ability to raise happier,...

2014-04-24 23:16:02

CEED recognizes those who have empowered others or received empowerment from CEED and demonstrated outstanding commitment while supporting the small business community. Troy, MI (PRWEB) April 24, 2014 Lynn Drake, president and co-founder of Compass Commercial / ITRA Global has been honored with a CEED MicroLoan, Oakland County -- Outstanding Achiever award. Drake’s accomplishment was celebrated on Thursday, April 17th at CEED’s 30th anniversary awards celebration at the Suburban...

2014-04-19 23:02:42

A new era has initiated for Grameen Solutions Ltd. (“GSL”). GSL recently has collaborated with Denmark based Company “CodersTrust”. This event took place in Copenhagen in the presence of Sir Richard Branson, the founder of Virgin Group and Morten Lund, Co-investor of Skype, ZYB. (PRWEB) April 19, 2014 A new era has initiated for Grameen Solutions Ltd. (GSL) with GSL’s collaboration with Denmark based Company CodersTrust. The partnership was announced before Sir Richard Branson,...

2014-03-27 23:02:41

Pittsburgh Teams Up with Kiva to Bring Crowdfunded Loans to Small Business Owners and Aspiring Entrepreneurs at Kiva.org/Pittsburgh Pittsburgh, PA (PRWEB) March 27, 2014 Today, Kiva announced the launch of Kiva City Pittsburgh, an initiative that brings crowdfunded microloans to small business owners and aspiring entrepreneurs in the Pittsburgh area. Through Kiva City Pittsburgh anyone who cares about small business growth and local job creation can visit Kiva.org/Pittsburgh and choose an...


Word of the Day
attercop
  • A spider.
  • Figuratively, a peevish, testy, ill-natured person.
'Attercop' comes from the Old English 'atorcoppe,' where 'atter' means 'poison, venom' and‎ 'cop' means 'spider.' 'Coppa' is a derivative of 'cop,' top, summit, round head, or 'copp,' cup, vessel, which refers to 'the supposed venomous properties of spiders,' says the OED. 'Copp' is still found in the word 'cobweb.'
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