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Latest Microcredit Stories

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...

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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...

2011-04-21 00:00:28

Take an Active Step towards Financial Success by making a My Dollar, My Life promise Northbrook, IL (PRWEB) April 20, 2011 There is no better time than now to financially prepare for the future. The Allstate Foundation and Dress for Success want to help you get started. Little steps to improve your finances can go a long way. And, that is what My Dollar, My Life is all about. Making simple, realistic promises like paying off debt or passing up one unnecessary item a week, is a start to a...

2011-04-19 11:18:00

Innovative Campaign to Promote Financial Literacy Through Personal Promises NEW YORK, April 19, 2011 /PRNewswire-USNewswire/ -- The Allstate Foundation, Dress for Success and the producers of the documentary To Catch a Dollar today launched an innovative new financial literacy initiative that encourages Americans to take concrete steps to improve their financial futures. The "My Dollar My Life" campaign will provide Americans with the opportunity to make specific promises to change their...

2011-04-01 00:00:00

NEW YORK, April 1, 2011 /PRNewswire/ -- In an unprecedented theatrical event, audiences in theaters nationwide watched "To Catch a Dollar: Muhammad Yunus Banks on America" tonight, learning the story of the Nobel Laureate's unique and successful model of microfinance and how it is changing lives here in the United States through the nonprofit organization, Grameen America. In addition to the film, moviegoers saw a panel discussion taped in front of a live studio audience in New York on...

2011-03-29 11:43:00

NEW YORK, March 29, 2011 /PRNewswire/ -- On March 31, theaters across the country will host a special media event, introducing American audiences to the potential for microfinance in the United States, and the potential of Nobel Laureate Professor Muhammad Yunus' Grameen Bank. Gayle Ferraro's film "To Catch a Dollar: Muhammad Yunus Banks on America" will play in theaters nationwide and will be accompanied by a taped discussion with Dr. Yunus, moderated by financial expert and CNBC anchor...


Word of the Day
bibliopole
  • A bookseller; now, especially, a dealer in rare and curious books.
This word comes from a Greek phrase meaning 'book seller.'
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