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Latest Microcredit Stories

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...

2011-03-22 10:15:00

NEW YORK, March 22, 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 magic of Nobel Laureate Professor Muhammad Yunus's 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...

2011-03-22 08:07:00

New Book by MIT Economist Robert M. Townsend Establishes Foundation for Analyzing the Impact of Financial Policies in Developing Countries CHICAGO, March 22, 2011 /PRNewswire-USNewswire/ -- Ever since widespread defaults on microloans in India thrust the microfinance industry into crisis, a compelling and fundamental question has been renewed: How do we determine what impact financial innovations and financial policy changes will have on the economies of developing countries? (Logo:...

2011-03-14 22:00:00

SALT LAKE CITY, March 14, 2011 /PRNewswire/ -- Kredits, a leading provider of technology solutions for microfinance institutions ("MFIs"), today announced it has received a USD $4.5 million investment from Sophia ApS, a Danish investment vehicle. Kredits will use the investment to accelerate delivery of new technologies and expand its global client services presence. Since 1998, Kredits has been at the forefront of delivering state-of-the-art and cost-effective technology solutions for...

2011-03-02 13:55:00

WASHINGTON, March 2, 2011 /PRNewswire-USNewswire/ -- Nobel Peace Prize Laureate and Grameen Bank Founder Muhammad Yunus*, U.S. Ambassador-at-Large for Global Women's Issues Melanne Verveer, and Spanish Secretary of State for International Cooperation Soraya Rodriguez Ramos are slated to join microfinance expert Larry Reed and Microcredit Summit Campaign Director Sam Daley-Harris to launch the State of the Microcredit Summit Campaign Report 2011. The report will address recent controversies...


Word of the Day
bellycheer
  • Good cheer; viands.
  • To revel; to feast.
The word 'bellycheer' may come from 'belle cheer', "good cheer".
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