Since MicroCapital first started tracking the news wires, we have never seen anything close to amount of microfinance press currently being published. BusinessWeek recently contributed to this continuing flood of coverage with a special report highlighting the involvement of the “tech elite” in the microfinance sector. The piece opens, as many of the articles do: with praise of Clinton Global Initiative’s and the Gates Foundation’s grants to industry players and a tribute to recent Nobel Prize-winner Muhammad Yunus’ MFI, Grameen Bank. It then continues with an example of how microfinance can change lives, in this case referencing a Malawian woman who used loans from the NGO, Opportunity International, to grow her business.
Similar Posts:
- MICROCAPITAL BRIEF: Grameen Crédit Agricole Foundation Loans $3.2m to Faten for Microfinance in Palestine
- SPECIAL REPORT: Small Business Diaries Benefit Entrepreneurs, Microfinance Institutions #EMW2023
- MICROFINANCE EVENT: FinovateEurope; March 14-15, 2023; London, UK
- MICROCAPITAL BRIEF: Grameen Crédit Agricole Foundation Lends $525k to Smart Credit for Microfinance in Moldova
- MICROCAPITAL BRIEF: Mi-Bospo of Bosnia and Herzegovina Borrowing $2.2m from Grameen Credit Agricole Foundation for Microfinance Lending
