Latest Microcredit Stories

2011-12-15 08:00:00

Supporting 2,000 students in 12 countries, Seattle non-profit recognized for Empowerment through Technology. Seattle, WA (PRWEB) December 15, 2011 Efforts to increase global access to education received a big boost today: Google.org, making $40 million in end of year grants across three categories, announced that it will support Vittana, a non-profit that combines the massive reach of microfinance with the transformative power of education by building the worldâs first student...

2011-10-21 11:00:00

O.N.E. Coconut Water today announced it is donating $10,000 to nonprofit Whole Planet Foundation to help alleviate poverty worldwide. The companyâs contribution will help fund the Foundationâs mission to provide poor entrepreneurs in developing countries with a chance to lift themselves out of poverty through micro-credit. Los Angeles, CA (PRWEB) October 21, 2011 O.N.E. Coconut Water today announced it is donating $10,000 to nonprofit Whole Planet Foundation to...

2011-07-27 00:01:21

Customized electronic reporting capabilities enable microfinance institutions to cost-effectively meet escalating regulatory requirements in any jurisdiction. Salt Lake City, UT (PRWEB) July 26, 2011 Kredits, a leading provider of software and technology solutions for microfinance institutions ("MFIs"), announced it has entered into bilateral agreements with MFI clients and regulators across multiple regions in order to provide the microfinance industry's first multi-jurisdictional...

2011-06-11 09:10:00

Yale University economist says microfinance yields surprising results Small loans, somewhere in the neighborhood of $100 to $500 dollars, are an increasingly popular weapon in the fight to reduce poverty. Called microcredit, institutions dole out these monetary advances to help extremely poor people engage in successful entrepreneurship and improve their quality of life. While proponents extol its virtues, researchers look for evidence; they want to know if it works. Does it really increase...

2011-06-09 23:42:23

Microcredit, which involves giving small loans to very small businesses in an effort to promote entrepreneurship, has been widely touted as a way to reduce poverty and stimulate economic growth. A multitude of both non- and for-profit institutions are spending billions of dollars each year on microcredit ventures in developing nations around the globe. But just how effective is microcredit lending? In a new study, researchers find that the practice may not be an efficient tool in promoting...

2011-04-26 00:00:28

Wokai.org to "simultaneously" co-host ORIENTED Happy Hours in Seattle, San Francisco, and New York to promote overseas microfinancing opportunities in China San Francisco, CA (PRWEB) April 25, 2011 ORIENTED.COM, a global networking organization of international professionals interested in Asian business opportunities and partnerships, is pleased to announce a tri-city partnership with Wokai.org to help raise awareness about microfinancing opportunities in China. Wokai.org chapters in...

Word of the Day
  • To take pains; labor assiduously with little progress.
This word comes from the Spanish 'pongale,' put it.