Mexico has had some very notable success stories with micro finance and social entrepreneurs.
In the last year I have become heavy involved financially in the micro finance industry in Mexico.
This is Vasudevan and i work in Equitas Micro Finance, Chennai, India.
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Some of the leading crowdfunders fall into different categories like Equity ( see my earlier post), Donation, Reward and Debt (a.k.a.micro finance and peer-to-peer lending).
The craftsmen own 26% of the equity in each company, with Artisans Micro Finance, a Fabindia arm holding 49%, and employees and other private investors holding the balance.
Milford Bateman - a consultant in local economic development - argues there is evidence a lot of micro finance is used for consumption spending and can trap people in simply servicing loans.
We are likely to see the reverse innovation phenomenon in a wide range of industries such as ultra-low-cost transportation, renewable energy, clean water, micro finance, affordable health, low-cost housing, and many others.
It is on the Ponoko blog (which regularly has terrific stuff for makers getting a business started) by Cassandra Glessner at SF Commonality, a San Francisco non-profit that helps small businesses with micro finance, micro-lending programs worth checking out.
As many international micro finance institutions have demonstrated (although not yet proven nationally), lending to poor people can be a sustainable strategy as these nontraditional institutions get repaid and repay investors. (Note: Microfinance institutions are a subset of CDFIs in the United States).
Thus while the core micro finance is a for-profit model all other life quality supporting services are rendered either free or non-profit basis. and on core micro finance, through our focus on efficiency we probably offer a rate which is lower than not-for-profit NGOs too!
FORBES: Microfinance Or Loan Sharks? Grameen Bank And SKS Fight It Out
John Kariuki is the founder and CEO of AAR Credit Services, a Kenyan-based micro-finance company.
Kiva is a developing world micro-finance organisation with a difference: it is based in San Francisco.
We'll talk about how micro-finance, a strategy for fighting poverty in the developing world, is catching on in this country.
She was active in developing micro-finance two decades before Muhammad Yunus and Grameen bank shared the Nobel Peace prize for microcredit.
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One example is Ginu Chacko, who joined Accenture in Canada after spending several years working in micro-finance at PlaNet Finance.
Often deemed an MFI (micro-finance institution), PAC is really so much more.
Although she wants to make money, Kelly also wants some of the profits to go towards micro-finance loans for people in developing countries.
The recent fascination (as well as subsequent backlash) around micro-finance has helped to generate momentum behind the idea that entrepreneurship is a solution to poverty.
In 1995, when she was a princess, Rania founded the Jordan River Foundation , which promotes economic opportunities for women through micro-finance and job training.
While working for a micro-finance non-profit in South Africa after graduating college, Beshara created dvelo.org to help charities group-fund donations for projects in developing countries.
Kiva teams up with micro-finance organizations on the ground, which vet the borrowers to help ensure they can repay their loans (about 98% do, as did Tursunova).
Under Armour makes a donation to begin a sewing business that works in conjunction with the micro-finance initiative run by the church in Nicaragua in partnership with the ORPHANetwork supported by GraceCity, whose collective mission is to serve a community living in the biggest dump in the poorest country in the Americas.
Fed policy makers need to use their detailed understanding of micro economics and bank finance to creatively implement policy adjustments.
Mr Fox has wrested both money and power away from the federal government to finance innovations in areas such as education, health care, agriculture and micro-credit.
Some predict a coming era of micro-entrepreneurship in which people create their own jobs by turning to the Internet to help finance businesses, create products and services, and distribute and sell them.
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