Thank you for reading our articles and following the blog about microfinance and microcredit. This website started as a project in the university when I studied in Germany, and is now a big source of microfinanceinformation with many visitor from all around the world. It´s quite obvious, microfinance is something that really brings the world together to cooperate for a better and sustainable future. There is so many people needing financing to get up on [...]
Microcredit
The first microcredit loan i´ve been supporting is now fully funded to Bwizi Livestock Marketing Group in Uganda. A total of 124 Kiva Lenders financed the $4,975.00 loan requested by Jackson Mutesigensi, Sylivano Kasaija, Mary Kabanyoro, Anthony Kisembo, David Nkogi, Benon Akankwasa, Richard Ndora, Joseph Kyarimpa, Joseph Mugyenyi, Ronald Kyarimpa, Federesi Koburunga, Kurineri Ndora, Bazilio Karanagi, Beatrice Tibakanya, Angelica Kisembo, Kurineri Kiiza, Michael Byaruhanga, Joviah Tumwebaze, Fionah Nakamya in Uganda has been 100% funded. The [...]
A lot of people are living under poverty, but with microfinance they have the chance to lift themselves out of poverty. Microfinance provides financial resources like loans, savings, insurances and business training to help people build businesses. Oktober 17th is the International Day for the Eradication of Poverty. The UN secretary-general Ban Ki-Moon is going to perform a speech that day. Wouldn´t it be good if the focus in his speech was on microfinance as [...]
Vanatau belongs to the poorest countries of the pacific areas. Many people are out of reach of modern and secure banking services in the rural areas of Vanuatu. Some people that are employed by the government must make long trips to the nearest branch of the National Bank of Vanuatu (NBV) to deposit their salary in the bank. Some farmers are even hiding their money by burying it in the ground rather than going the [...]
The Inter-American Development Bank(IDB) sponsors a new pilot rating program in Latin America set up by S&P to improve the infrastructure of microfinance institutions for national capital markets. S&P and IDB are cooperating in this project with the aim to gain acccess to the capital markets for the MFIs. Standard&Poors involvement is a breakthrough in the microfinance industry, S&P talks the same “language” as investor and their benchmarking tools really opens up the capital markets [...]
