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We in the community of microfinance specialists want to help alleviate poverty. We think microfinance is a useful tool. Yet, by bringing these two concerns together, we might be mixing up two diverging ends: one is poverty reduction; the other one the development of a healthy microfinance...
Persistent link: https://www.econbiz.de/10011416297
with non-formal financial institutions/financial SHGs; (d) an outreach strategy: extending the banking services to …, and eventually formal, women's village banks for both women and men; and (4) Savings and credit associations functioning … as informal self-help banks of microbusinesswomen. Based on deeply entrenched cultural traditions, women have the …
Persistent link: https://www.econbiz.de/10011416298
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Only relief achieves short-term poverty reduction, but is ineffective in the long run. Sustainable poverty reduction can only be attained through well-designed long-term development measures. For example, Indonesia is considered one of the most successful countries with regard to poverty...
Persistent link: https://www.econbiz.de/10010509350
Agricultural development banks were established to extend credit and other financial services to customers considered noncreditworthy by the commercial banking sector. Although frequently unprofitable, they play an important role in the fight against rural poverty. This article asks if these...
Persistent link: https://www.econbiz.de/10010509354
Values are to a society what character is to a person: it reveals his true inner self, yet is difficult to describe in exact terms. Moreover, a person's character may show in his actions in various, sometimes contradictory ways so that it may be difficult to induce a person's character from his...
Persistent link: https://www.econbiz.de/10010509355
Bangladesh is one of the poorest countries in the world; and women in that country are among the poorest of the poor. In the late 1970s, a man performed a miracle there. With a few loans out of his own pocket in 1976, Professor Yunus proved to himself that even the most downtrodden are able to...
Persistent link: https://www.econbiz.de/10010509356
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