The Global Summit
Empowering Humanity
"Greater than the Sum of its Parts" On November 16-18, 2008, vision stewards, thought leaders and technologists united to set the collective vision, subject matter, strategy, criteria and policy making foundation for The Global Summit (TGS) 2010 and beyond. Proposed dates for TGS 2010 are Nov. 7-11 (including welcome receptions, 3 day conference, and Clos ...learn more
GROUP DETAILS
Created: Nov 18, 2008
Updated: Nov 17, 2009
Membership: Open
Semi-Private
All Areas of Focus » Business and Economics »
Microfinance
|
Definition:
Microfinance refers to the provision of financial services to clients who are excluded from the traditional financial system on account of their lower economic status. These financial services will most commonly take the form of loans (see microcredit) and micro-savings, though some microfinance institutions will offer other services such as micro-insurance and payment services.
Keywords:
[keywords:microfinance, microlending, microcredit, access to capital, financial services to the poor, collateral, credit as a human right, poverty reduction, financial sustainability, financial empowerment, economic independence, social capital, business, economics, credit societies, debt, credit union, Grameen Bank, micro credit, micro loans, micro franchising
Key People: Muhammad Yunus, Bill Drayton |
 "I did something that challenged the banking
world. Conventional banks look for the rich; we look for the absolutely
poor. All people are entrepreneurs, but many don't have the opportunity
to find that out." -Muhammad Yunus
|
|
|
Passionate about microfinance? Have a pressing question for debate? Discuss the issues with like-minded people here! |
|
| Muhammad Yunus: Creating a Poverty-Free World (preview) |
Comments (1 - 2 of 2)
Login to Post a Comment.
|
Flag comment for removal peterclarke 4 months ago
I am looking for information about gaining micro finance for farmers in Laos.
|
|
we have 10000 free dvds to give away on collaboration wishes of Muhammad Yunus and team - rsvp chris.macrae@yahoo.co.uk">chris.macrae@yahoo.co.uk if you know of a group who would like to review these and join in forming microsummits and other action initiatives at http://yunus10000.com
|
1 to 2 of 2 Comments
