Job creation and enterprise development
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Micro-credit project for Darfur refugees
The Pilot Light Foundation, an organisation that creates and supports small projects in Africa that have the potential to significantly improve the quality of life for impoverished Africans in non urban areas, and the Sudan Self Help Foundation, an NGO that supports projects aimed at promoting...
The Centre for Self-Help Development: a Nepalese microfiinance success story
Microfinance programs are helping reduce both urban and rural poverty across Nepal in what amounts to a micro-finance revolution.
Uganda : Project Hope and Hard Work
The importance of microcredit in Uganda has soared in the recent decade and the instrument is now seen as one of the most effective tools to tackle poverty in the country.
Expending women enterpreneurship in India
Unilever has begun replicating Hindustan Unilever’s (HUL) rural micro-enterprise (in India), led by women-entrepreneurs, Project Shakti in several international markets.
SKS Microfinance: Lakshmi's story
SKS Microfinance in India is a client of Unitus Capital, a US-based organisation that works with organisations involved in micro finance. "There are many microlending success stories", said Mamta Bharadwaj, spokesman for SKS Microfinance. One of these stories is Lakshmi's. When Lakshmi...
Micro Credit or Dignity Funds
Mohsen is a young man in Tunisia who has used micro-credit from ENDA, a micro-finance institution, to build up a successful small business. He started by opening a small shop carrying school supplies and snacks near the primary school which was on the same street as his house. He didn't make...
Fighting poverty through micro-credit
Speaking at a meeting of the Micro-Credit Campaign Summit in Ottawa, Canada,in December 2004 , director Sam Daley-Harris, said micro-credit institutions were beneficial to the poor because the loans were collateral-free and easily accessible by both genders, while World Bank president James...
Using microcredit to help to lift the poor out of poverty yet still post dramatic growth
Many institutions around the world are turning to microfinance both as a strategy to help lift the poor out of the poverty trap and to make a decent return on investment.
The Asian Development Bank and Non-Governmental Organizations: Working Together
Despite the substantial and sustained economic growth shown by Indonesia over the past decade, income distribution remains skewed. The Microcredit Project in Indonesia,established by the Asian Development Bank and approved in 1994, focuses on microenterprise support, recognizing the potential of...
How a small loan can change things
Akosua, a shopkeeper in Ghana,remembers selling small pastries from door to door like it was yesterday. “My business was very small then,” she said. Luckily, a friend told her about Sinapi Aba (SAT), the largest microfinance institution in Ghana. She saw this as the very opportunity she needed to...