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Eko Mobile-Enabled Savings via the Business Correspondent Model in India

Posted: July 16th, 2012 By Grameen Foundation This is a guest post written by Debbie Dean (Project Director, Microsavings Initiative) and Camilla Nestor (Vice President, Financial Services) from Grameen Foundation.   When we launched our microsavings initiative – a three-year project funded by the Bill & Melinda Gates Foundation that aims to reach 1.45 million new savers …
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The Soviet Banking System—and Ours – WSJ.com

Capitalism depends on access to capital. It’s a sad development that banks have turned away from the noble task of directing financial seed corn and instead make bets on interest rates. By JUDY SHELTON Many in America today fear that our nation is going the way of Europe—becoming more socialist and redistributionist as government grows ever …
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Microfinance as a Tool to Alleviate Poverty – Forbes

Amy Neumann, Dell For millions of people without access to traditional banking, the internet is a lot more than a place to share the latest family photos. It’s an opportunity to tell their stories and gain access to small loans that can change their lives. Just 10 percent of the global population has access to traditional …
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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 …
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Using Small Loans to Generate Big Profits – Microlending Drives One of Africa’s Most Ambitious Banks – WSJ.com

By SOLOMON MOORE NAIROBI, Kenya—At a recent group-lending meeting in the Kawangware slum, about 10 miles from downtown, Jackson Munyovi sought $350 to build a new shanty for his wife and two children.   Nichole Sobecki for The Wall Street JournalJackson Munyovi borrowed $350 to build a new shanty for his two children and wife. The …
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 …
News

Microfinance in the Slums of Mumbai

http://www.huffingtonpost.com/jessica-gage/microfinance-at-work-in-t_b_1615930.html Posted: 06/21/2012 1:54 pm  India , Accion , Loans , Microfinance , Microlending , Microloans , Money Collection ,Mumbai , Impact News   I began work at Swadhaar FinServe during the very hectic collections week, the designated dates of each month when the loan installments of all 80,000 active clients are due. While some clients choose to pay their installment by visiting a local Swadhaar branch office, many opt …
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Doughnuts Defeating Poverty – NYT.com

OP-ED COLUMNIST By NICHOLAS D. KRISTOF Published: July 4, 2012 53 Comments MASUMBA, Malawi Damon Winter/The New York Times Nicholas D. Kristof Nicholas D. Kristof/The New York Times Biti Rose Nasoni in the village of Masumba, Malawi. If you want to understand some of the best new ideas to chip away at global poverty, an excellent place …