Posts Tagged ‘grameen’

By Asma Azmi Microfinance Focus, Feb. 27, 2010: World’s poor are the major victims of any natural disaster striking our planet. Their meagre livelihood leaves them vulnerable to the post disaster upheavals. Faced with unemployment and unsteady market conditions, their lives become a constant struggle for daily sustenance. Although there is always a surge in aid and grants to a disaster affected region, they are often poorly ... Full story

Microfinance Focus August 31, 2009: Grameen Foundation on Monday announced it has facilitated the first privately placed corporate note issued by the Center for Agricultural and Rural Development, Inc. (CARD) of the Philippines. The $10.4 million transaction, which was supported by a $5 million guarantee from Grameen Foundation’s Growth Guarantee program and related advisory support, was oversubscribed by six local Filipino institutional investors: Security Bank Corporation, ... Full story

MF Focus, July 20, 2009: Flexibility in microfinance/micro credit loans will help the sector tide over many new challenges, Grameen Foundation CEO Alex Counts has said in a recent interview to Microfinance Focus. Terming multiple borrowing that is hitting hard the industry's growth in recent years, Counts termed it as a dangerous trend that can be fixed by addressing the issue of under-lending first and secondly, dissuading loan officers from underestimating the risk in order to meet the target. Full story

MF Focus, July 2, 2009: Grameen Foundation has announced the launch of a suite of mobile phone applications developed with Google and MTN Uganda (MTN) to deliver services and information that were previously not accessible to the poor in Uganda. The SMS-based services are designed to work with basic mobile phones to reach the broadest possible users who can access the services quickly and privately at any time and search relevant content on-demand, the way one can access such information on the Internet. Full story