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Grameen Koota Reaches Milestone with 1 Million Microfinance Customers

Monday, July 27, 2015 3:00PM IST (9:30AM GMT) Bangalore, Karnataka, India Bangalore-based NBFC –MFI, Grameen Koota Financial Services Pvt Ltd (Grameen Koota) has reached a new milestone of 1 million microfinance customers, in a testimony to its strong client-centric approach aimed at providing holistic financial and social services. Grameen Koota, with 3,000 employees working in …
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Creation Strives for Good Returns—and a Better World – MiddleMarketGrowth.org

Creation Strives for Good Returns—and a Better World DEBORAH L. COHEN | JANUARY 14TH, 2015 Small things do add up. Or so it seems for Patrick Fisher and his growing team at Chicago-based Creation Investments Capital Management. The private equity firm aims to marry healthy investor returns with a social impact mission to provide microloans to the …
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Janalakshmi to lead investor rush into Indian microfinance sector

After Janalakshmi’s record-breaking deal, Indian MFI sector likely to raise Rs 2,000 crore ($335 million USD) in 2014 Janalakshmi Financial Services, a non-banking financial company (NBFC) focused on the urban under-served, is expected to lead the rush of private equity (PE) funds into India’s microfinance sector, signalling a strong recovery. According to sources, global PE major …
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World Bank Reports That Microcredit Works After All

The World Bank has released a report that examines microfinance in Bangladesh over the longest period yet studied. The results were quite positive: The results of the basic model unequivocally show that group-based credit programs have significant positive effects in raising household welfare including per capita consumption, household non-land assets and net worth. Microfinance increases …
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Notre Dame, MIT Economists Demonstrate Wage Impacts of Large Microfinance Program

JULY 20, 2012 BY GBE FACTS LEAVE A COMMENT Fonkoze Credit Center – Participants in Chemen Lavi Miyó, a program offered by Fonkoze (a microfinance organization). The participants meet twice a week in Mirebalais, Haiti, to learn basic life skills. Photographer: Laura Elizabeth Poh A major argument in favor of microfinance is that the poor who live in areas …
Video

LEAP Zones: A Legal, Economic, Administrative and Political Framework for Free Cities

Mark Klugmann April 20, 2012 | Universidad Francisco Marroquín | 10 min Click here to watch the video. An excellent session on the importance of legal, administrative and political structures to stimulate economic development. http://newmedia.ufm.edu/klugmannleapzones Mark Klugmann is the creator of the LEAP Zones model (a legal, economic, administrative and political framework for a free …
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Global poverty: A fall to cheer – The Economist

For the first time ever, the number of poor people is declining everywhere Mar 3rd 2012 | from the print edition     THE past four years have seen the worst economic crisis since the 1930s and the biggest food-price increases since the 1970s. That must surely have swollen the ranks of the poor. Wrong. …
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Impact Investing Creates Template for Responsible Capitalism

Posted: 02/14/2012 10:13 am  A microfinance lender in Tamil Nadu, a rice farm in Tanzania, a housing project in Chiapas and a rural development bank in Pakistan: all these projects are recipients of impact investment capital, committed to “doing good while doing well,” in one of the fastest growing investment trends of the past two …