Microfinance
Nobel Laureate urges to use microfinance to lift people from poverty
April 08, 2010By Michael Onyiego Nobel Laureate urges financial services for poor Nobel Laureate Muhammed Yunus is calling on business, philanthropic and political leaders gathered in Nairobi to help eradicate poverty by providing the world's poor with access...
Microfinance Industry May Be Stressed by Recession, Report Finds
July 10, 2009The global microfinance industry may not be as insulated from the economic mainstream as traditionally thought, leaving it vulnerable to declines in growth and funding due to the global recession and declining investor confidence, a new report from the...
MFX Solutions Secures $13M in Financing, Launches Operations
July 08, 2009ACCION International has announced that MFX Solutions, a company established in October to help microfinance institutions (MFIs) and investors manage global currency risk, has launched operations after securing $13 million during its first round of financing...