Microfinance
noun
The practice of giving small loans to people with low income, typically in developing countries, to start their own businesses.
Microfinance has empowered many individuals in low-income communities to start their own small businesses.
Often appears as...
- microfinance institution
- microfinance loans
noun
The industry that provides financial services to low-income individuals or groups, usually to help them grow small businesses or cover day-to-day needs.
He works in a microfinance firm that provides loans, savings, and insurance to rural communities.
Often appears as...
- microfinance industry
- microfinance sector
noun
The practice of giving small loans to people with low income, typically in developing countries, to start their own businesses.
Microfinance has empowered many individuals in low-income communities to start their own small businesses.
Often appears as...
- microfinance institution
- microfinance loans
noun
The industry that provides financial services to low-income individuals or groups, usually to help them grow small businesses or cover day-to-day needs.
He works in a microfinance firm that provides loans, savings, and insurance to rural communities.
Often appears as...
- microfinance industry
- microfinance sector
Definition 1 of 2
Pro Tip 1/3Development Focus
Microfinance is often associated with positive change and development in communities.
The microfinance initiative allowed villagers to improve their quality of life.
Pro Tip 2/3Not Charity
It's a form of financial support but expects repayment, unlike charity.
Although the microfinance loan had low interest, repayment was mandatory.
Pro Tip 3/3Economic Empowerment
Microfinance aims to empower people financially to initiate self-sufficiency.
Thanks to microfinance, she transitioned from a laborer to a business owner.
Pro Tip 1/3Development Focus
Microfinance is often associated with positive change and development in communities.
The microfinance initiative allowed villagers to improve their quality of life.
Pro Tip 2/3Not Charity
It's a form of financial support but expects repayment, unlike charity.
Although the microfinance loan had low interest, repayment was mandatory.
Pro Tip 3/3Economic Empowerment
Microfinance aims to empower people financially to initiate self-sufficiency.
Thanks to microfinance, she transitioned from a laborer to a business owner.
Pro Tip 1/3Development Focus
Microfinance is often associated with positive change and development in communities.
The microfinance initiative allowed villagers to improve their quality of life.
Pro Tip 2/3Not Charity
It's a form of financial support but expects repayment, unlike charity.
Although the microfinance loan had low interest, repayment was mandatory.
Pro Tip 3/3Economic Empowerment
Microfinance aims to empower people financially to initiate self-sufficiency.
Thanks to microfinance, she transitioned from a laborer to a business owner.
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Video examples
Jessica Jackley:...
for his work pioneering modern microfinance. When I heard him speak, it was three years before that. But basically, microfinance -- if this is new to you as well -- think of that as financial services for the poor. Think of all the things you get at your bank and imagine those products and services tailored to the needs of someone living on a few dollars a day.
Video examples
Creating an alternative...
microfinance but she still lacks the upfront cash that she needs for big expenses that can really help her get ahead and so how can she prove her capacity to repay without a credit score right now she can potentially go to a moneylender she can bribe someone within the bank to get connected to a loan
Video examples
Images of strength and...
church and school which serves as a meeting place for her self-help group also called Aleppo which works in which teaches microfinance training and basic economy economics it's women like this who are critical in rural and rural African communities as they create space
Video examples
Shaffi Mather: A new way...
on the foundations of self-help group-based microfinance. I guess we seem to be doing at least a few things right. Because diligent investors and venture funds have committed over 7.5 million dollars in funding. With the significance being these funds have come in
Video examples
Travelers of the Year...
they loved nooks and crannies and they also loved bicycles. They saw an opportunity to merge their passions, interests, and worlds, when in a dorm room they launched an organization called Bicycles Against Poverty. This organization uses a microfinance model
Video examples
Innovative and cost...
can but most important is Africa cannot waves you produce or you perish therefore you must balance the three piece and the culture by four in local is bad we must get away with it microfinance I'm talking with a number of friends here seems to be too
Video examples
Rose Goslinga: Crop...
selling insurance directly to farmers, with very high marketing cost and very limited success. Then we realized that there were many organizations working with seed companies, microfinance institutions, mobile phone companies, government agencies.
Video examples
Jacqueline Novogratz:...
is to be visible to each other. And the reason these young guys told me that they're doing these TEDx's is because they were sick and tired of the only workshops coming to the slums being those workshops focused on HIV, or at best, microfinance.
Video examples
Women entrepreneurs,...
when it comes to women microfinance is an incredibly powerful tool that leads to self-sufficiency and self-respect but we must move beyond micro hopes and micro ambitions for women because they have so much greater hopes for
Video examples
Gayle Tzemach Lemmon:...
to automatically file women under micro. The biases, whether intentional or otherwise, are pervasive, and so are the misleading mental images. If you see the word "microfinance," what comes to mind?
Video examples
Jessica Jackley:...
for his work pioneering modern microfinance. When I heard him speak, it was three years before that. But basically, microfinance -- if this is new to you as well -- think of that as financial services for the poor. Think of all the things you get at your bank and imagine those products and services tailored to the needs of someone living on a few dollars a day.
Video examples
Creating an alternative...
microfinance but she still lacks the upfront cash that she needs for big expenses that can really help her get ahead and so how can she prove her capacity to repay without a credit score right now she can potentially go to a moneylender she can bribe someone within the bank to get connected to a loan
Video examples
Images of strength and...
church and school which serves as a meeting place for her self-help group also called Aleppo which works in which teaches microfinance training and basic economy economics it's women like this who are critical in rural and rural African communities as they create space
Video examples
Shaffi Mather: A new way...
on the foundations of self-help group-based microfinance. I guess we seem to be doing at least a few things right. Because diligent investors and venture funds have committed over 7.5 million dollars in funding. With the significance being these funds have come in
Video examples
Travelers of the Year...
they loved nooks and crannies and they also loved bicycles. They saw an opportunity to merge their passions, interests, and worlds, when in a dorm room they launched an organization called Bicycles Against Poverty. This organization uses a microfinance model
Video examples
Innovative and cost...
can but most important is Africa cannot waves you produce or you perish therefore you must balance the three piece and the culture by four in local is bad we must get away with it microfinance I'm talking with a number of friends here seems to be too
Video examples
Rose Goslinga: Crop...
selling insurance directly to farmers, with very high marketing cost and very limited success. Then we realized that there were many organizations working with seed companies, microfinance institutions, mobile phone companies, government agencies.
Video examples
Jacqueline Novogratz:...
is to be visible to each other. And the reason these young guys told me that they're doing these TEDx's is because they were sick and tired of the only workshops coming to the slums being those workshops focused on HIV, or at best, microfinance.
Video examples
Women entrepreneurs,...
when it comes to women microfinance is an incredibly powerful tool that leads to self-sufficiency and self-respect but we must move beyond micro hopes and micro ambitions for women because they have so much greater hopes for
Video examples
Gayle Tzemach Lemmon:...
to automatically file women under micro. The biases, whether intentional or otherwise, are pervasive, and so are the misleading mental images. If you see the word "microfinance," what comes to mind?
Example 1 of 10
Quote examples
James Surowiecki
American Journalist
Making loans and fighting poverty are normally two of the least glamorous pursuits around, but put the two together and you have an economic innovation that has become not just popular but downright chic. The innovation - microfinance - involves making small loans to poor entrepreneurs, usually in developing countries.
Quote examples
Nicholas Kristof
American Journalist
She may hide it, but Clinton is a policy nerd. Ask about microfinance, and she'll talk your ear off. Mention early childhood interventions, and she will gush about obscure details of a home visitation experiment in Elmira, N.Y., that dramatically improved child outcomes.
Quote examples
Joyce Banda
Politician
In 1989, I started the National Association of Business Women. We incorporated microfinance and different job training for women. We did a survey, with USAID, that found women lacked training, credit and information.
Quote examples
Pierre Omidyar
French Businessman
A well-functioning microfinance bank can actually be a profitable business as well. So it became a perfect proof point that, through business, you can provide an experience that leads to individual self-empowerment.
Quote examples
Rohini Nilekani
Indian Writer
Addressing governance issues are important because whichever silo you work in, be it education, microfinance, sanitation, food or health, you would eventually hit governance deficit.
Quote examples
Gayle Tzemach Lemmon
Public Servant
Microfinance does not require previous experience or loans to the same extent as a small-business loan, so it's easier for women to enter the micro sector.
Quote examples
Ananya Birla
Indian Musician
What attracted me towards microfinance is it's a very sustainable business, which has an impact on people's lives yet it can be very profitable.
Quote examples
Diana Taylor
American Public Servant
There are ways to abuse the microfinance system, just like there are ways to abuse the mortgage system. The solution is not to ban mortgages.
Quote examples
Gayle Tzemach Lemmon
Public Servant
Because microfinance is so manageable in terms of the size of the loan, people have made it the cornerstone to lifting women out of poverty.
Quote examples
Muhammad Yunus
Economist
The moment you say microfinance everybody wants to help you.
Quote examples
James Surowiecki
American Journalist
Making loans and fighting poverty are normally two of the least glamorous pursuits around, but put the two together and you have an economic innovation that has become not just popular but downright chic. The innovation - microfinance - involves making small loans to poor entrepreneurs, usually in developing countries.
Quote examples
Nicholas Kristof
American Journalist
She may hide it, but Clinton is a policy nerd. Ask about microfinance, and she'll talk your ear off. Mention early childhood interventions, and she will gush about obscure details of a home visitation experiment in Elmira, N.Y., that dramatically improved child outcomes.
Quote examples
Joyce Banda
Politician
In 1989, I started the National Association of Business Women. We incorporated microfinance and different job training for women. We did a survey, with USAID, that found women lacked training, credit and information.
Quote examples
Pierre Omidyar
French Businessman
A well-functioning microfinance bank can actually be a profitable business as well. So it became a perfect proof point that, through business, you can provide an experience that leads to individual self-empowerment.
Quote examples
Rohini Nilekani
Indian Writer
Addressing governance issues are important because whichever silo you work in, be it education, microfinance, sanitation, food or health, you would eventually hit governance deficit.
Quote examples
Gayle Tzemach Lemmon
Public Servant
Microfinance does not require previous experience or loans to the same extent as a small-business loan, so it's easier for women to enter the micro sector.
Quote examples
Ananya Birla
Indian Musician
What attracted me towards microfinance is it's a very sustainable business, which has an impact on people's lives yet it can be very profitable.
Quote examples
Diana Taylor
American Public Servant
There are ways to abuse the microfinance system, just like there are ways to abuse the mortgage system. The solution is not to ban mortgages.
Quote examples
Gayle Tzemach Lemmon
Public Servant
Because microfinance is so manageable in terms of the size of the loan, people have made it the cornerstone to lifting women out of poverty.
Quote examples
Muhammad Yunus
Economist
The moment you say microfinance everybody wants to help you.
Example 1 of 10
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