Microfinance Essays

  • Microfinance Definition

    2561 Words  | 11 Pages

    What is microfinance? Microfinance is the provision of financial services to low-income people. It alludes to a development that imagines a world where low-income households have permanent access to amazing and reasonable financial services to fund wage delivering practises, build assets, settle utilization, and secure against dangers. At first the term was nearly connected with microcredit - little credits to unsalaried borrowers with next to zero insurance - yet the term has since developed to

  • Neoliberalism In Globalism And Globalization

    1554 Words  | 7 Pages

    prominent is privatization (Harvey 71). Privatization is the selling or handing over of state-run industries to private organizations or corporations. This could include utilities, but an example of this can also be seen within welfare and the microfinance programs. Another aspect of neoliberalism

  • FINCA International Case Study

    1594 Words  | 7 Pages

    FINCA International, Inc. delivers financial services to the poor so they can start their own business, raise household incomes and improve their living. FINCA provides these services through a global network of self-supporting and locally-managed institutions. John Hatch founded FINCA International in 1984. It is a non-profit organization and the innovator of the village banking methodology. “A village bank is an informal self-help support group of 20-30 members, predominantly female heads-of-household

  • Microloans In Developing Countries

    953 Words  | 4 Pages

    Ways Microfinance Hurts Women, paragraph 5). However, when women have the money for education for themselves and their daughters, they can understand their loans and financial situation so that they can profit. Micro-loans empower women to save money for schooling for the purpose of understanding how to run a business, and how to pay back their loans. They make it possible for women to educate their daughters, so that their daughters will understand be able to gain success from microfinance, and

  • Accounting Motivation Statement

    822 Words  | 4 Pages

    STATEMENT OF ADDRESSING THE CRITERIA: 1. Ability to establish rapport with customers from diverse backgrounds and complex needs and provide efficient and high quality customer service. Experience in retail, hospitality, sales, banking or other customer service environment is required My Response: Throughout my employment as an auditor in-charge and a telemarketer and customer service, I have substantiated my abilities to build trustworthy professional relationships with people from diverse backgrounds

  • Delinquency: Reimbursement Rate

    1108 Words  | 5 Pages

    Delinquency Delinquency refers to a situation when a loan payment to an MFI is past due (CGAP, 2001). Delinquency results in a slower turnover of the loan portfolio and an inability to pay expenses due to reduced cash flow. If the loan principle is not recovered at the scheduled time, loans to other borrowers cannot be made and payment of any expenses may also have to be delayed. Also delinquent loans result in postponing or lost interest revenue (Ledgerwood, 1999) Delinquency is deliberate for the

  • Informal Finance Literature Review

    4678 Words  | 19 Pages

    CONTRIBUTION OF GOVERNMENT TO RURAL INVESTMENTS 2. LITREATURE REVIEW CHAPTER CPM: 9680 DEFINITION REVIEW In any country the financial system consist of two components, which is formal and informal sector. Formal sector is well organized and institutionalized compared to informal sector. These are subjected to the investigation of the major regulatory bodies of the country. Even though these regulatory bodies implement policies regarding the informal sector, it is still not adequately

  • The Origin Of Pawnbroking

    1647 Words  | 7 Pages

    several reasons south Asia has a special place in the history of microfinance. Historically the societies and economies were debt ridden and credit constrained. The major reason for this was due to because south east countries were some of the first major credit schemes for the poor outside in Europe in the early twentieth century. In the late twentieth century, south East Asia was also in the forefront of the revolution in the microfinance, with MFI’s in Indonesia and Thailand reaching larger proportions

  • Poverty In Canada

    665 Words  | 3 Pages

    This contribution also helped generate jobs in climate-friendly projects. In addition, Canada is a significant contributor to the IDB’s Multilateral Investment Fund, a leading promoter of microfinance in Latin America and the Caribbean. Canada believes that the committee should touch base on the work done thus far in the Millennium Development Goals (MDG) and develop concrete strategies for the future reduction of poverty in the American

  • Personal Narrative: My Brigade Trip To Nicaragua

    935 Words  | 4 Pages

    As I entered the sky bridge, walking towards the plane, it finally occurred to me what I was about to embark on. In all honesty, I had no idea what to expect. Sure, I had seen the itinerary and talked to veteran brigaders, but schedules and words do not compare to the actual experience. My brigade trip to Nicaragua was incredible from beginning to end and I am very fortunate to have been able to contribute to the Global Brigades cause. Our schedule consisted of 3 medical clinic days, 2 public health

  • Strengthening Internal Control Essay

    1141 Words  | 5 Pages

    The article is written by Daniel Draz, M.S., CFE. The article focused mainly on strengthening internal controls. Strong internal control is paramount in preventing fraud. Besides, the company’s attitude towards fraud, internal controls and an ethical organizational culture are equally significant too. Today, companies with strong internal control also not exceptional from fraud. However, internal and external criminals have less chances in abusing internal control if the internal control policies

  • Gender Inequality In Afghanistan

    1341 Words  | 6 Pages

    Programme's Poverty Report 1998, at present some 10 million women around the world are reached by systems of small loans. One of the most successful project is the Grameen Bank founded in Bangladesh. The Grameen Bank is a Nobel Peace Prize-winning microfinance organization and community development bank. Micro-credit loans are based on the concept that the poor have skills that are under-utilized and, with incentive, they can earn more money. A group-based credit approach is applied to use peer-pressure

  • Poor Economics Book Review

    1562 Words  | 7 Pages

    Book review: Poor economics: A radical rethinking of the way to fight global poverty Name Date Poor economics provides a story about how poor people live their lives, issues that keep them poor and some policies that can ease poverty. It provides an insight into poverty through the lens of poverty traps. The authors discuss whether dynamics involving income are S shaped where if an individual starts low then they are trapped at low-income levels or whether they are L shaped, where everyone

  • Literacy Numeracy

    1544 Words  | 7 Pages

    Many students complain about the stresses of studying and completing school assignments on time. Little do they realize how many other children and adolescents would jump at the opportunity to receive education. According to Wendy Kopp, the CEO and co-founder of a global network of organizations focused on educational expansion, 250 million children around the world are not likely to gain basic literacy and numeracy skills. This problem is not restricted to children, either. There are millions of

  • Biolite Energy: Social Impact Business Case Study

    1739 Words  | 7 Pages

    Introduction: In Canada, as in most developed countries we take energy for granted. It is at our fingertips everywhere we go and all we need to do is flip a light switch or turn the dial on the stove and we have light and cooking facilities instantly. However, there are billions of people that do not have access to what we have taken for granted for almost a century. According to the International Energy Agency (IEA), 1.2 billion people lack access to electricity and 2.7 billion to not have clean

  • Gender Inequality Gap

    1402 Words  | 6 Pages

    Inequality against women is historical, global and persistent. The gender inequality gap in access to and control over productive resources such as land, natural resources, credit facilities, technology and other means of production correlates with women’s poverty and socioeconomic exclusion (Agarwal, 2007; Doss et al, 2006; UN Women and OHCHR, 2013; Commission on the Status of Women, 2014), whereas access to and control of assets is central to women’s socioeconomic wellbeing (World Survey, 2009;

  • Ngo Leadership Styles

    2344 Words  | 10 Pages

    HESCO from Uttarakhand through an empirical study. NGO’s in India involve diverse activities ranging from training facilities and independent trainers providing non-formal education, grant-making organizations, community development organizations, microfinance associations, self-help groups, and organization addressing public health. In the study, leadership styles were studied as participative, supportive

  • Starbucks Ethical Issues

    2782 Words  | 12 Pages

    2.0 Companies that have gone green to combat global warming and climate change 2.1 Starbucks The name Starbucks comes from Captain Ahab’s first mate in the classic novel Moby Dick. Starbucks started in 1971 in Seattle, Washington. Mainly Starbucks just sold coffee making equipment and coffee beans. Starbucks has expanded to more than 17,000 stores in 55 countries over the world. (Coffee.org, 2014). Starbucks provides more than 30 blends and single-origin premium coffees (Starbucks.com). In 2009

  • Fmcg Industry Essay

    10053 Words  | 41 Pages

    CHAPTER 3 REVIEW OF LITERATURE 3.1. INTRODUCTION All research needs to be informed by existing knowledge in a subject area. The literature review identifies and organizes the concepts in relevant literature. When researcher embarks on a dissertation they are typically expected to undertake a literature review at an early stage in the development of their research. Often this may be their first significant encounter with the journal and other literature on their subject. Researcher has