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...sentenced Nobel Peace Prize winner Muhammad Yunus to six months in prison over labour law violations, escalating what his supporters call a vendetta by Prime Minister Sheikh Hasina’s government against the microfinance...
...— Institutionalised belief in the greater fool (Investing 101) — A decline in the big four's auditing quality stokes fears of an Enron-style corporate collapse (ABC Australia) — What happened to the microfinance...
...Muhammad Yunus, a Nobel Peace Prize-winning microfinance pioneer, was this week sentenced to six months imprisonment in a case that critics dismiss as a personal vendetta....
...This competition has forced lenders into ever riskier areas, such as rural microfinance, according to Fitch director Siddharth Goel....
...“You need to take a holistic approach,” argues Nicole Van Der Tuin, chief analytics officer at the microfinance group Accion Opportunity Fund....
...The Frankfurt School designed courses for the fund, which trained 3,500 managers at Congolese financial institutions in offering microfinance and banking for small and medium enterprises....
...Historic examples include sanitary towels or microfinance. These were innovations where “social good and economic good went hand in hand” without upsetting established industries....
...— Microfinance once won the Nobel Prize. The reality is a lot murkier today. — Former Alphavillain Tracy Alloway moderates a panel on credit at Milken. — Is this the beginning of the end of NFTs?...
...Banga’s backers hope his corporate experience, which includes work on microfinance and financial inclusion, will be an asset here — and when it comes to attracting more money from the private sector....
...Shompa Karmakar learned about microfinance from a neighbour a decade ago....
...Now 82, Yunus is credited with pioneering microfinance, an idea that has lifted hundreds of thousands worldwide out of poverty....
...I wanted to go to sub-Saharan Africa — somewhere where I could learn French — and I was especially interested in microfinance. Soon enough, I was transferred to midwifery in Senegal....
...The Syria Trust network includes 14 affiliated subsidiaries and programmes, including a university, a microfinance initiative and cultural heritage arm....
...Moreover, borrowers don’t just “return” to moneylenders when microfinance loans dry up....
...Having sold his business, he shifted his focus to social impact by working in microfinance institutions (which serve poorer borrowers) and organisations tackling global resources challenges (such as water...
...Faisel Rahman founded east London-based Fair Finance in 2005, inspired by his experience working in microfinance in Bangladesh, where it helped reduce poverty....
...As in the rest of south Asia, the microfinance sector has boomed, growing at a rate of 40 per cent in 2019, according to PwC India....
...The sector, an evolution of the microfinance industry often championed as a “silver bullet” to end poverty, has ballooned in the past five years, fuelled by the country’s vibrant technology start-up scene...
...Other examples include Carbon, a Nigerian fintech with a microfinance bank licence, and TymeBank, a South African neobank that raised $110m this year to fund expansion into the Philippines....
...Efforts to place women at the centre of Panama’s recovery from the coronavirus pandemic have seen 70 per cent of government microfinance loans of up to $5,000 allocated to female entrepreneurs, Mouynes said...
...In India, the pandemic is now undermining its microfinance industry....
...Millions of microfinance borrowers and small-business owners in India are struggling to pay their debts....
...‘Certificate of health’ The EBRD, which has supported projects ranging from a multibillion-dollar gas pipeline network bringing energy from Azerbaijan to Europe to a microfinance initiative for female Egyptian...
...of Law and Scott Taitel from its Wagner Graduate School of Public Service, were praised for innovation and creativity in teaching material for their case study Launching the MicroBuild Fund on housing microfinance...
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