Posts Tagged ‘Microfinance’

Rich I.P.O. Brings Controversy to Microlender, SKS Microfinance

Rich I.P.O. Brings Controversy to Microlender, SKS Microfinance
The founder and early investors in the microlender will reap millions from the share deal, but it was unclear how impoverished borrowers would benefit.

Read more on New York Times

Liberia: Microfinance

Improving the economic situation of women is key to peace-building efforts in Liberia following a civil war that tore the country apart and left 75 percent of its people in extreme poverty. UNDP, with funds from Denmark, has set up revolving microloans that provide funds to women entrepreneurs, many of whom are heads of households. Women make up 80 percent of the informal sector in Liberians economy