A tryst with microfinance in the Midwest

By Dr Priyanka Jayashankar, Research Fellow | Maastricht School of Management, The Netherlands

Microfinance  Focus, April23, 2013: From a Southern comfort restaurant to an African grocery shop tucked away in a suburb of Des Moines – micro-enterprises are thriving in pockets of the American Midwest. Grameen-style peer groups and low-denomination micro-loans are now also slowly making headway in the US, which has one of the most sophisticated financial systems in the world.  Development organisations, for their part, are equipping potential micro-entrepreneurs from minority groups such as women, African-Americans, Latinos and other immigrants with appropriate skill sets.  Continue reading

MIX Market Awards VisionFund Cambodia Five Stars For Transparency

Microfinance Focus, April 09, 2013: VisionFund Cambodia has received top ranking for its level of transparency for all data on MIX Market. After submitting all the documents required by MIX, thier ranking improved from four diamonds to five diamonds. VisionFund Cambodia is one of three microfinance institutions (MFIs) in Cambodia that have five diamonds on MIX Market. Continue reading