Financial services for the poor
•Download as PPTX, PDF•
0 likes•67 views
Microfinance provides financial services like credit, savings, and insurance to low-income individuals and those below the poverty line with the goal of poverty alleviation and improving livelihoods. Microfinance includes microcredit, which are small loans typically between $100-$25,000 provided to individuals with little capital to invest in microenterprises. One of the most well-known models is the Grameen Bank in Bangladesh, which has loaned over $17 billion to over 8.5 million borrowers through group lending programs with a 100% repayment rate. The Grameen Bank aims to provide banking access to the poor, eliminate money lender exploitation, and create self-employment opportunities. Microfinance programs can empower women and reach
Report
Share
Report
Share
Recommended
Role of micro credit in poverty alleviation
Executive Summary
The study tries to look at the impact of micro credit on the lives of the poor people. There are different views on micro credit as a powerful development tool regarding its success in developing the lives of the poor and some times these views are contradictory. However poverty is a global issue; it is a problem that even the wealthiest nation is facing. In this scenario country like Pakistan is facing a great challenge to alleviate or reduce poverty because poverty is becoming cause of many problems like suicides, illiteracy, unemployment, diseases like depression, stress etc. In order to control these diseases first we have to control poverty. At government level and also at international level many strategies are made every day to control poverty. But now Dr. Younis gave a formula of micro credit that successfully worked in Bangladesh and is now replicated all over the world and also in Pakistan so; the purpose of the study was to observe that what role micro credit plays in Pakistan in poverty alleviation.
The study was conducted in four urban slum areas of Rawal pindi and Islamabad that are Muslim Colony, Dhok Kala Khan, Tehmaspabad and Shakrial. Those people are targeted who have taken micro credit so that the comparison of living standard before and after use of micro credit can be made and hence it can be seen that, if there is any improvement in their living standard after using micro credit or not. The study was based on questionnaires which were distributed after translating it into Urdu so that respondents can easily understand it and fill it accordingly. Sample for this survey was 200 with 50 respondents per area. The dependent variable taken in this study is poverty reduction where as independent variable is micro credit and moderating variable is political environment.
Some of the factors that show poverty reduction are Training and education, clean water and hygienic environment, nutrition and adequate food, accommodation, income and savings.
Overall we can say that training and education, clean water and hygienic environment, nutrition and adequate food, accommodation, income and savings are important factors of poverty reduction. Because when a person has training and education he can improve his living standard, if a person has clean drinking water and adequate food he will be healthy and can earn in a better way for his family, if his accommodation is better and enough for family members and strong enough for natural disasters he can live in a better way. And obviously if his earning is good and enough for family he can also provide recreational activities to his children and can also afford uncertain expenses such as sudden guest etc and can also do savings for future, then all these things points towards a good life, a life with a good living standard and a life above poverty line. So; all above mentioned factors plays an important role in poverty reduction.
From data analysis it is concluded that the micro credit program is effective in giving un employed people employment such as taxi driver, shop keeper etc and to meet short term needs such as return debt taken from some one else, paying fee, operation, treatment of disease etc. Mostly borrowers of Muslim colony, Dhok Kala Khan, Shakrial and Tehmaspabad have used micro credit to purchase taxi, sewing machine and opening small shop and improving accommodation.
But micro credit system is not the perfect one; it is not a replacement for jobs that are not there and skills that do not exist. Important thing is to make them financially stable, to bring them out of the poverty line and to make them able to sustain their position and improve living condition instead of returning back to the poverty line. It can be done in this way that micro credit institutions can make contract with driving centers that can giving training to those people who don’t know driving on half rate, contracts with boutiques can be made, contracts wit
Microfinance :a step towards women empowerment
The document discusses microfinance as a strategy for poverty alleviation and women's empowerment. Microfinance involves providing small loans, savings opportunities, and insurance to poor and low-income individuals without collateral. It focuses on empowering women through self-help groups that provide access to credit and financial services. Microfinance helps rural women start small businesses and builds their confidence by providing an alternative to moneylenders. While it allows rural women to save and participate in the economy, there are also threats like women becoming unpaid debt collectors; however, these can be overcome through self-governance and portfolio diversification.
women empowerment through micro finance
The document discusses microfinance and its role in empowering women. Microfinance provides financial services to low-income clients through mechanisms like self-help groups. It aims to increase women's income, access to markets, and participation in household decisions. Studies show microfinance contributes to women's empowerment through increased self-confidence, participation in community and political activities, and decision making power within the household. However, microfinance alone cannot alleviate poverty and programs must address challenges like reinforcing traditional gender roles and increasing women's time burdens to maximize empowerment benefits.
Micro Finance
Microfinance, also called microcredit, provides banking services like small loans, savings accounts, and insurance to low-income individuals who lack access to traditional financial services. The goal is to help the poor become self-sufficient by starting or expanding small businesses. Muhammad Yunus pioneered microcredit in the 1970s by making small loans to impoverished people in Bangladesh, leading to the founding of Grameen Bank which has now loaned billions worldwide. Microenterprises refer to very small businesses, typically with fewer than 10 employees, that are financed through microcredit to improve lives and communities.
micro finance in alleviating poverty
This document is a paper presentation on microfinance as an innovative tool for poverty reduction. It was presented by Mrs. B. Ramya HariGanesan at a national conference on achieving the Millennium Development Goals. The paper discusses how microfinance has evolved over time from ancient rotating savings and credit associations to modern microcredit pioneered by Muhammad Yunus. It analyzes the impact of microfinance on poverty alleviation in India through case studies. Data from mix-market.org shows that as the number of microfinance institutions has increased from 2000 to 2012, average asset positions and deposit balances have also risen, indicating microfinance has helped improve living standards for the poor. The paper concludes that microfinance plays an
Micro Finance with statistics
Microfinance refers to small-scale financial services like credit and deposits provided to low-income individuals who lack access to traditional banking services. It aims to help the poor become self-sufficient through saving, borrowing, and insurance. Traditional banks are reluctant to serve the poor due to high costs of small loans and lack of collateral. As a result, the poor rely on expensive money lenders. Microfinance helps address this need by providing affordable credit and financial services to the poor. It helps increase incomes, smooth cash flows, manage risks, support micro-enterprises, and empower women. Common microfinance models include self-help groups, community banking, and non-profit organizations. Features include group lending, minimal collateral, and gradually
Fininc ppt2
This document discusses financial inclusion in India, including its definition, origins, need, challenges and progress so far. Financial inclusion refers to access to financial services at affordable costs for all households and businesses. It originated from bank nationalization and establishment of regional rural banks. Financial inclusion is needed to ensure balanced economic growth and enable rural poor access to services. However, it faces challenges like technical issues in covering a large population, lack of infrastructure in rural areas, and the need for training bank employees. While progress has been made through various government initiatives, more efforts are still needed for India to achieve full financial inclusion.
Role of microfinance in poverty allevation
Microfinance is a general term to describe financial services to low-income individuals or to those who do not have access to typical banking services.
Recommended
Role of micro credit in poverty alleviation
Executive Summary
The study tries to look at the impact of micro credit on the lives of the poor people. There are different views on micro credit as a powerful development tool regarding its success in developing the lives of the poor and some times these views are contradictory. However poverty is a global issue; it is a problem that even the wealthiest nation is facing. In this scenario country like Pakistan is facing a great challenge to alleviate or reduce poverty because poverty is becoming cause of many problems like suicides, illiteracy, unemployment, diseases like depression, stress etc. In order to control these diseases first we have to control poverty. At government level and also at international level many strategies are made every day to control poverty. But now Dr. Younis gave a formula of micro credit that successfully worked in Bangladesh and is now replicated all over the world and also in Pakistan so; the purpose of the study was to observe that what role micro credit plays in Pakistan in poverty alleviation.
The study was conducted in four urban slum areas of Rawal pindi and Islamabad that are Muslim Colony, Dhok Kala Khan, Tehmaspabad and Shakrial. Those people are targeted who have taken micro credit so that the comparison of living standard before and after use of micro credit can be made and hence it can be seen that, if there is any improvement in their living standard after using micro credit or not. The study was based on questionnaires which were distributed after translating it into Urdu so that respondents can easily understand it and fill it accordingly. Sample for this survey was 200 with 50 respondents per area. The dependent variable taken in this study is poverty reduction where as independent variable is micro credit and moderating variable is political environment.
Some of the factors that show poverty reduction are Training and education, clean water and hygienic environment, nutrition and adequate food, accommodation, income and savings.
Overall we can say that training and education, clean water and hygienic environment, nutrition and adequate food, accommodation, income and savings are important factors of poverty reduction. Because when a person has training and education he can improve his living standard, if a person has clean drinking water and adequate food he will be healthy and can earn in a better way for his family, if his accommodation is better and enough for family members and strong enough for natural disasters he can live in a better way. And obviously if his earning is good and enough for family he can also provide recreational activities to his children and can also afford uncertain expenses such as sudden guest etc and can also do savings for future, then all these things points towards a good life, a life with a good living standard and a life above poverty line. So; all above mentioned factors plays an important role in poverty reduction.
From data analysis it is concluded that the micro credit program is effective in giving un employed people employment such as taxi driver, shop keeper etc and to meet short term needs such as return debt taken from some one else, paying fee, operation, treatment of disease etc. Mostly borrowers of Muslim colony, Dhok Kala Khan, Shakrial and Tehmaspabad have used micro credit to purchase taxi, sewing machine and opening small shop and improving accommodation.
But micro credit system is not the perfect one; it is not a replacement for jobs that are not there and skills that do not exist. Important thing is to make them financially stable, to bring them out of the poverty line and to make them able to sustain their position and improve living condition instead of returning back to the poverty line. It can be done in this way that micro credit institutions can make contract with driving centers that can giving training to those people who don’t know driving on half rate, contracts with boutiques can be made, contracts wit
Microfinance :a step towards women empowerment
The document discusses microfinance as a strategy for poverty alleviation and women's empowerment. Microfinance involves providing small loans, savings opportunities, and insurance to poor and low-income individuals without collateral. It focuses on empowering women through self-help groups that provide access to credit and financial services. Microfinance helps rural women start small businesses and builds their confidence by providing an alternative to moneylenders. While it allows rural women to save and participate in the economy, there are also threats like women becoming unpaid debt collectors; however, these can be overcome through self-governance and portfolio diversification.
women empowerment through micro finance
The document discusses microfinance and its role in empowering women. Microfinance provides financial services to low-income clients through mechanisms like self-help groups. It aims to increase women's income, access to markets, and participation in household decisions. Studies show microfinance contributes to women's empowerment through increased self-confidence, participation in community and political activities, and decision making power within the household. However, microfinance alone cannot alleviate poverty and programs must address challenges like reinforcing traditional gender roles and increasing women's time burdens to maximize empowerment benefits.
Micro Finance
Microfinance, also called microcredit, provides banking services like small loans, savings accounts, and insurance to low-income individuals who lack access to traditional financial services. The goal is to help the poor become self-sufficient by starting or expanding small businesses. Muhammad Yunus pioneered microcredit in the 1970s by making small loans to impoverished people in Bangladesh, leading to the founding of Grameen Bank which has now loaned billions worldwide. Microenterprises refer to very small businesses, typically with fewer than 10 employees, that are financed through microcredit to improve lives and communities.
micro finance in alleviating poverty
This document is a paper presentation on microfinance as an innovative tool for poverty reduction. It was presented by Mrs. B. Ramya HariGanesan at a national conference on achieving the Millennium Development Goals. The paper discusses how microfinance has evolved over time from ancient rotating savings and credit associations to modern microcredit pioneered by Muhammad Yunus. It analyzes the impact of microfinance on poverty alleviation in India through case studies. Data from mix-market.org shows that as the number of microfinance institutions has increased from 2000 to 2012, average asset positions and deposit balances have also risen, indicating microfinance has helped improve living standards for the poor. The paper concludes that microfinance plays an
Micro Finance with statistics
Microfinance refers to small-scale financial services like credit and deposits provided to low-income individuals who lack access to traditional banking services. It aims to help the poor become self-sufficient through saving, borrowing, and insurance. Traditional banks are reluctant to serve the poor due to high costs of small loans and lack of collateral. As a result, the poor rely on expensive money lenders. Microfinance helps address this need by providing affordable credit and financial services to the poor. It helps increase incomes, smooth cash flows, manage risks, support micro-enterprises, and empower women. Common microfinance models include self-help groups, community banking, and non-profit organizations. Features include group lending, minimal collateral, and gradually
Fininc ppt2
This document discusses financial inclusion in India, including its definition, origins, need, challenges and progress so far. Financial inclusion refers to access to financial services at affordable costs for all households and businesses. It originated from bank nationalization and establishment of regional rural banks. Financial inclusion is needed to ensure balanced economic growth and enable rural poor access to services. However, it faces challenges like technical issues in covering a large population, lack of infrastructure in rural areas, and the need for training bank employees. While progress has been made through various government initiatives, more efforts are still needed for India to achieve full financial inclusion.
Role of microfinance in poverty allevation
Microfinance is a general term to describe financial services to low-income individuals or to those who do not have access to typical banking services.
Microcredit Presentationshow
Microcredit programs in Bangladesh help reduce poverty by providing small loans to poor individuals for self-employment projects. Two prominent microcredit organizations discussed are Grameen Bank and BRAC, which lend primarily to women in rural Bangladesh. Grameen Bank pioneered the group lending model and its borrowers own most of the bank. Both organizations have had success in helping people rise out of poverty and improve their standards of living.
Poverty eradication microfinance iiuc_2014_obaidullah
This document compares traditional and Islamic microfinance approaches to poverty alleviation. It discusses how Islamic microfinance is based on Islamic principles of avoiding interest and ensuring fairness. Key Islamic microfinance tools discussed are zakat, which requires charity for the poor, and waqf, where wealth is contributed for public benefit. The document argues that by sharing risks and ensuring equity, Islamic microfinance can more effectively help the poor compared to traditional interest-based microloans.
Microfinancing
Plan Canada supports microfinancing to help alleviate poverty. Microfinancing provides small loans to those without access to capital, allowing people to start small businesses and become financially independent. Microfinancing has benefits like improved access to credit, higher loan repayment rates, better education and health outcomes, sustainability, and job creation. Plan Canada works with partners like Arariwa in Peru to facilitate village savings programs and bring microfinancing services to rural communities. Kiva and FINCA are also microfinancing organizations that provide loans and financial services to low-income entrepreneurs around the world.
A report on microcredit system in bangladesh
The document provides background information on microcredit in Bangladesh. It discusses the origins and modern development of microcredit, with a focus on pioneering institutions like Grameen Bank. It outlines the key principles of microcredit, including group lending and lending to women. It also examines the typical users and suppliers of microcredit services in Bangladesh, how borrowers use loans, and the economic and social impacts of microcredit programs.
Microfinance and women empowerment
Microfinance in India has evolved over three phases from 1960 to today:
1) Social banking phase from 1960-1980 focused on expanding rural branch networks.
2) Financial systems approach from 1990-2000 saw the emergence of NGO-MFIs and self-help groups.
3) Current phase of financial inclusion since 2000 features MFIs partnering with diverse entities and increased policy regulation.
The microfinance industry in India is dominated by self-help groups initiated by NABARD and MFIs that emerged in the late 1990s to provide financial services to low-income individuals through mechanisms like group lending.
Empowering women through microfinance
This document discusses a study on empowering women through microfinance in Lebanon. The study found that microfinance positively influenced women's decision-making power and socio-economic status by making them financially independent and allowing them to increase household income. The study revealed that microfinance is an effective tool for women's empowerment in Lebanon by enhancing their economic security and role in household and family decision making. The conclusion suggests further studies on the impact of culture on women's empowerment through microfinance in Lebanon's diverse population would be valuable.
Role of micro credit in poverty alleviation
The document is a thesis submitted for a Master's degree that examines the role of microcredit in poverty alleviation. It discusses conducting a study in four urban slum areas in Pakistan to understand how microcredit has impacted people's living standards. A theoretical framework is developed using poverty reduction as the dependent variable, microcredit as the independent variable, and political environment as the moderating variable. Hypotheses are formulated and statistical techniques like percentages, frequencies, means, and standard deviations are used to analyze collected data. The study aims to determine if microcredit has been effective in providing employment and meeting short-term needs, and if it has helped improve housing and increase income and savings for participants.
Ppt on micro finance
Microfinance involves providing small amounts of credit and other financial services to low-income individuals. It aims to help the poor generate self-employment and raise their income levels through microcredit loans that are repaid in small installments. Microsavings allows the poor to save small amounts in institutions. There are various types of microcredit and microsavings products that target the needs of low-income individuals. However, microfinance services still need to address challenges of lack of awareness, infrastructure issues, and doubts among potential users. Expanding proximity and improving security and staff attitudes can help promote greater access and use of microfinance.
MFI Presentation
This document summarizes the results of a study on the role of microcredit in reducing women's poverty in Ethiopia through three microfinance institutions. The study found that:
1) The microfinance institutions did not adequately target poor women, as average loan balances were above 20% of per capita income.
2) Loan sizes were small and repayment schedules were too frequent, limiting their impact.
3) Women predominantly used loans for consumption and low-return businesses like food preparation, rather than higher-return investments.
4) While some positive impacts like increased consumption were found, microcredit did not significantly increase women's income, employment, or savings overall. The document recommends that microfinance institutions in Ethiop
The impact of microfinance on living standards, empowerment and poverty allev...
This document summarizes a research study on the impact of microfinance on living standards, empowerment, and poverty alleviation among poor people in Ethiopia, using clients of Amhara Credit and Savings Institution (ACSI) as a case study. The study used questionnaires distributed to 150 ACSI clients in Debratabor and Estie branches to assess changes in factors like income, education, nutrition, and savings before and after using microfinance services. The results showed microfinance led to increased income, children being sent to school, ability to pay medical bills and feed families, and savings to cope with future crises. Overall, microfinance seemed to improve living standards and empower clients economically and socially.
Impact of Microfinance on Poverty Alleviation
Microfinance aims to provide financial services to low-income households to help alleviate poverty. It includes microcredit, microsavings, microinsurance, and money transfers. Studies show microfinance has helped reduce poverty in Nepal by increasing incomes, building assets, stabilizing consumption, and protecting against risks. It has led to improvements like higher annual incomes, more durable house materials, increased food sufficiency, and children's school enrollment among microfinance participants in Nepal. However, the impact of microfinance on poverty reduction remains unclear as evidence is mixed and it has shown to be more effective for some groups over others.
Presentation on micro finance
This document reports on the role of microfinance in empowering women's status. It discusses how microfinance provides small loans and other financial services to poor households and microenterprises, allowing people to start or expand businesses. While microfinance has helped provide women access to loans and savings, it still faces challenges. Women sometimes do not feel empowered to control the loans independently or benefit economically due to traditional gender norms. The conclusion states that microfinance has helped reduce dependence on money lenders but improving women's economic status requires them to independently utilize the loans received.
Microfinance and rural women empowerment in the kpandai district of ghana
The International Institute for Science, Technology and Education (IISTE). Science, Technology and Medicine Journals Call for Academic Manuscripts
The Microfinance Initiatives for Poverty Alleviation: Rhetoric and Reality in...
The Microfinance Initiatives for Poverty Alleviation: Rhetoric and Reality in...Muhammad Sayeedul Haque
This dissertation examines the effectiveness of microfinance programs in alleviating poverty in Bangladesh. The study analyzes data collected from 600 active microfinance members, 150 former members, and 100 non-members across four districts in Bangladesh. It evaluates the impact of microcredit on poverty reduction, assesses interest rates and borrower graduation, and examines women's empowerment and participation in Islamic microfinance programs. The conceptual framework proposes that microfinance interventions can alleviate poverty through financial and social intermediation, but programs may face challenges such as loan misuse or insufficient loans that hinder poverty reduction.micro credit
Microcredit provides small loans to low-income individuals to help them become self-employed entrepreneurs. The concept originated in the 18th century and was pioneered by organizations like the Grameen Bank founded by Muhammad Yunus in 1983. Yunus was awarded the Nobel Peace Prize for establishing microcredit as an effective anti-poverty strategy. In Pakistan, microcredit is offered through various microfinance institutions including NGOs, rural support programs, and commercial banks to support entrepreneurship among the 24% of Pakistanis living below the poverty line, which is double the urban rate.
Intro to Micro-Financing
This document provides an overview of microfinancing and how it aims to help alleviate poverty. It discusses the two types of poverty, absolute and relative, and how absolute poverty affects over 1.5 billion people living on less than $1.25 per day. Microfinancing attempts to address this through small loans (microcredit) to help the poor establish small businesses or improve their economic circumstances. Key aspects covered include high repayment rates of microloans, the emphasis on female borrowers, and debates around the long-term effectiveness of microfinancing.
Contribution of microfinance and women empowerment
Microfinance contributes to women's empowerment in Rwanda through organizations like Profemmes Twese Hamwe (PTH) and microfinance institutions like Duterimbere. Duterimbere provides credit to empower unemployed women by enabling them to start small businesses. While microcredit has increased women's economic role and decision making, the study found it has not been enough to fully empower women. Challenges include limited business knowledge, education, and loan amounts. Recommendations include expanding services to reach more impoverished groups and improving training programs to better meet clients' needs.
Microfinance
Microfinancing provides small loans and other basic financial services to low-income individuals who otherwise lack access to traditional banking services. It began in the 1970s with programs in Bangladesh and Brazil that made very small loans to rural poor groups, often women, to establish microenterprises and lift themselves out of poverty. Professor Muhammad Yunus pioneered microfinancing by founding Grameen Bank in Bangladesh in 1976, which today has over 6 million borrowers, most of whom are women. Microfinancing has since expanded globally and plays a key role in providing financial access to the poor in developing countries like India.
II SEM M.COM MICRO FINANCE MODULE 3
Microfinance involves providing small loans, savings, insurance, and other financial services to low-income clients who traditionally lack access to banking. It aims to help the poor lift themselves out of poverty through self-employment opportunities and entrepreneurship. Key features include providing small, short-term loans without collateral through group lending models. Microfinance has grown significantly since the 1970s when pioneers like the Grameen Bank in Bangladesh demonstrated that the poor can repay loans and access financial services through market-based approaches. It now serves over 100 million clients worldwide through thousands of microfinance institutions.
Micro Finance Fair Trade and Development
Microfinance aims to provide financial services to the poor and extreme poor, including microloans, savings, insurance, and remittances. It aims to reduce poverty through financial inclusion and empowerment. Professor Muhammad Yunus founded Grameen Bank in Bangladesh, which pioneered microcredit and saw rapid early growth. However, microfinance also faces criticisms like over-indebtedness, limited poverty reduction, and reliance on subsidies. Fair trade aims to promote equitable trading conditions for marginalized producers and workers through minimum prices, social premiums, and standards. However, it remains a small niche and critics argue it is not a long-term development solution on its own.
Micro finance
Microfinance involves providing financial services like loans, savings, insurance to low-income individuals. It began in the 1970s when Muhammad Yunus started the Grameen Bank in Bangladesh. Microfinance institutions provide these services through organizations like non-profits and credit unions. They target small business owners, farmers, and traders without access to traditional banks. While microfinance helps reduce poverty, issues still exist like unregulated high interest rates and costs, and many poor people relying on informal lenders. The Indian government and organizations are working to expand access to microfinance and address weaknesses in the system.
Microfinance India
Microfinance involves providing small amounts of credit, savings, and insurance services to the poor. The concept originated in the 1970s when Dr. Muhammad Yunus lent money without collateral to groups of poor women in Bangladesh, achieving a 98% repayment rate. Today there are over 7,000 microfinance institutions globally serving 16 million poor households. In India, pioneering microfinance organizations included cooperatives like SEWA Bank. The SHG-Bank linkage model aggregates individual savings and provides loans through self-help groups. While microfinance has increased incomes and reduced vulnerability, issues sometimes arise from high interest rates, unethical collection practices, and uneven geographic growth.
More Related Content
What's hot
Microcredit Presentationshow
Microcredit programs in Bangladesh help reduce poverty by providing small loans to poor individuals for self-employment projects. Two prominent microcredit organizations discussed are Grameen Bank and BRAC, which lend primarily to women in rural Bangladesh. Grameen Bank pioneered the group lending model and its borrowers own most of the bank. Both organizations have had success in helping people rise out of poverty and improve their standards of living.
Poverty eradication microfinance iiuc_2014_obaidullah
This document compares traditional and Islamic microfinance approaches to poverty alleviation. It discusses how Islamic microfinance is based on Islamic principles of avoiding interest and ensuring fairness. Key Islamic microfinance tools discussed are zakat, which requires charity for the poor, and waqf, where wealth is contributed for public benefit. The document argues that by sharing risks and ensuring equity, Islamic microfinance can more effectively help the poor compared to traditional interest-based microloans.
Microfinancing
Plan Canada supports microfinancing to help alleviate poverty. Microfinancing provides small loans to those without access to capital, allowing people to start small businesses and become financially independent. Microfinancing has benefits like improved access to credit, higher loan repayment rates, better education and health outcomes, sustainability, and job creation. Plan Canada works with partners like Arariwa in Peru to facilitate village savings programs and bring microfinancing services to rural communities. Kiva and FINCA are also microfinancing organizations that provide loans and financial services to low-income entrepreneurs around the world.
A report on microcredit system in bangladesh
The document provides background information on microcredit in Bangladesh. It discusses the origins and modern development of microcredit, with a focus on pioneering institutions like Grameen Bank. It outlines the key principles of microcredit, including group lending and lending to women. It also examines the typical users and suppliers of microcredit services in Bangladesh, how borrowers use loans, and the economic and social impacts of microcredit programs.
Microfinance and women empowerment
Microfinance in India has evolved over three phases from 1960 to today:
1) Social banking phase from 1960-1980 focused on expanding rural branch networks.
2) Financial systems approach from 1990-2000 saw the emergence of NGO-MFIs and self-help groups.
3) Current phase of financial inclusion since 2000 features MFIs partnering with diverse entities and increased policy regulation.
The microfinance industry in India is dominated by self-help groups initiated by NABARD and MFIs that emerged in the late 1990s to provide financial services to low-income individuals through mechanisms like group lending.
Empowering women through microfinance
This document discusses a study on empowering women through microfinance in Lebanon. The study found that microfinance positively influenced women's decision-making power and socio-economic status by making them financially independent and allowing them to increase household income. The study revealed that microfinance is an effective tool for women's empowerment in Lebanon by enhancing their economic security and role in household and family decision making. The conclusion suggests further studies on the impact of culture on women's empowerment through microfinance in Lebanon's diverse population would be valuable.
Role of micro credit in poverty alleviation
The document is a thesis submitted for a Master's degree that examines the role of microcredit in poverty alleviation. It discusses conducting a study in four urban slum areas in Pakistan to understand how microcredit has impacted people's living standards. A theoretical framework is developed using poverty reduction as the dependent variable, microcredit as the independent variable, and political environment as the moderating variable. Hypotheses are formulated and statistical techniques like percentages, frequencies, means, and standard deviations are used to analyze collected data. The study aims to determine if microcredit has been effective in providing employment and meeting short-term needs, and if it has helped improve housing and increase income and savings for participants.
Ppt on micro finance
Microfinance involves providing small amounts of credit and other financial services to low-income individuals. It aims to help the poor generate self-employment and raise their income levels through microcredit loans that are repaid in small installments. Microsavings allows the poor to save small amounts in institutions. There are various types of microcredit and microsavings products that target the needs of low-income individuals. However, microfinance services still need to address challenges of lack of awareness, infrastructure issues, and doubts among potential users. Expanding proximity and improving security and staff attitudes can help promote greater access and use of microfinance.
MFI Presentation
This document summarizes the results of a study on the role of microcredit in reducing women's poverty in Ethiopia through three microfinance institutions. The study found that:
1) The microfinance institutions did not adequately target poor women, as average loan balances were above 20% of per capita income.
2) Loan sizes were small and repayment schedules were too frequent, limiting their impact.
3) Women predominantly used loans for consumption and low-return businesses like food preparation, rather than higher-return investments.
4) While some positive impacts like increased consumption were found, microcredit did not significantly increase women's income, employment, or savings overall. The document recommends that microfinance institutions in Ethiop
The impact of microfinance on living standards, empowerment and poverty allev...
This document summarizes a research study on the impact of microfinance on living standards, empowerment, and poverty alleviation among poor people in Ethiopia, using clients of Amhara Credit and Savings Institution (ACSI) as a case study. The study used questionnaires distributed to 150 ACSI clients in Debratabor and Estie branches to assess changes in factors like income, education, nutrition, and savings before and after using microfinance services. The results showed microfinance led to increased income, children being sent to school, ability to pay medical bills and feed families, and savings to cope with future crises. Overall, microfinance seemed to improve living standards and empower clients economically and socially.
Impact of Microfinance on Poverty Alleviation
Microfinance aims to provide financial services to low-income households to help alleviate poverty. It includes microcredit, microsavings, microinsurance, and money transfers. Studies show microfinance has helped reduce poverty in Nepal by increasing incomes, building assets, stabilizing consumption, and protecting against risks. It has led to improvements like higher annual incomes, more durable house materials, increased food sufficiency, and children's school enrollment among microfinance participants in Nepal. However, the impact of microfinance on poverty reduction remains unclear as evidence is mixed and it has shown to be more effective for some groups over others.
Presentation on micro finance
This document reports on the role of microfinance in empowering women's status. It discusses how microfinance provides small loans and other financial services to poor households and microenterprises, allowing people to start or expand businesses. While microfinance has helped provide women access to loans and savings, it still faces challenges. Women sometimes do not feel empowered to control the loans independently or benefit economically due to traditional gender norms. The conclusion states that microfinance has helped reduce dependence on money lenders but improving women's economic status requires them to independently utilize the loans received.
Microfinance and rural women empowerment in the kpandai district of ghana
The International Institute for Science, Technology and Education (IISTE). Science, Technology and Medicine Journals Call for Academic Manuscripts
The Microfinance Initiatives for Poverty Alleviation: Rhetoric and Reality in...
The Microfinance Initiatives for Poverty Alleviation: Rhetoric and Reality in...Muhammad Sayeedul Haque
This dissertation examines the effectiveness of microfinance programs in alleviating poverty in Bangladesh. The study analyzes data collected from 600 active microfinance members, 150 former members, and 100 non-members across four districts in Bangladesh. It evaluates the impact of microcredit on poverty reduction, assesses interest rates and borrower graduation, and examines women's empowerment and participation in Islamic microfinance programs. The conceptual framework proposes that microfinance interventions can alleviate poverty through financial and social intermediation, but programs may face challenges such as loan misuse or insufficient loans that hinder poverty reduction.micro credit
Microcredit provides small loans to low-income individuals to help them become self-employed entrepreneurs. The concept originated in the 18th century and was pioneered by organizations like the Grameen Bank founded by Muhammad Yunus in 1983. Yunus was awarded the Nobel Peace Prize for establishing microcredit as an effective anti-poverty strategy. In Pakistan, microcredit is offered through various microfinance institutions including NGOs, rural support programs, and commercial banks to support entrepreneurship among the 24% of Pakistanis living below the poverty line, which is double the urban rate.
Intro to Micro-Financing
This document provides an overview of microfinancing and how it aims to help alleviate poverty. It discusses the two types of poverty, absolute and relative, and how absolute poverty affects over 1.5 billion people living on less than $1.25 per day. Microfinancing attempts to address this through small loans (microcredit) to help the poor establish small businesses or improve their economic circumstances. Key aspects covered include high repayment rates of microloans, the emphasis on female borrowers, and debates around the long-term effectiveness of microfinancing.
Contribution of microfinance and women empowerment
Microfinance contributes to women's empowerment in Rwanda through organizations like Profemmes Twese Hamwe (PTH) and microfinance institutions like Duterimbere. Duterimbere provides credit to empower unemployed women by enabling them to start small businesses. While microcredit has increased women's economic role and decision making, the study found it has not been enough to fully empower women. Challenges include limited business knowledge, education, and loan amounts. Recommendations include expanding services to reach more impoverished groups and improving training programs to better meet clients' needs.
Microfinance
Microfinancing provides small loans and other basic financial services to low-income individuals who otherwise lack access to traditional banking services. It began in the 1970s with programs in Bangladesh and Brazil that made very small loans to rural poor groups, often women, to establish microenterprises and lift themselves out of poverty. Professor Muhammad Yunus pioneered microfinancing by founding Grameen Bank in Bangladesh in 1976, which today has over 6 million borrowers, most of whom are women. Microfinancing has since expanded globally and plays a key role in providing financial access to the poor in developing countries like India.
II SEM M.COM MICRO FINANCE MODULE 3
Microfinance involves providing small loans, savings, insurance, and other financial services to low-income clients who traditionally lack access to banking. It aims to help the poor lift themselves out of poverty through self-employment opportunities and entrepreneurship. Key features include providing small, short-term loans without collateral through group lending models. Microfinance has grown significantly since the 1970s when pioneers like the Grameen Bank in Bangladesh demonstrated that the poor can repay loans and access financial services through market-based approaches. It now serves over 100 million clients worldwide through thousands of microfinance institutions.
Micro Finance Fair Trade and Development
Microfinance aims to provide financial services to the poor and extreme poor, including microloans, savings, insurance, and remittances. It aims to reduce poverty through financial inclusion and empowerment. Professor Muhammad Yunus founded Grameen Bank in Bangladesh, which pioneered microcredit and saw rapid early growth. However, microfinance also faces criticisms like over-indebtedness, limited poverty reduction, and reliance on subsidies. Fair trade aims to promote equitable trading conditions for marginalized producers and workers through minimum prices, social premiums, and standards. However, it remains a small niche and critics argue it is not a long-term development solution on its own.
What's hot (20)
Poverty eradication microfinance iiuc_2014_obaidullah
Poverty eradication microfinance iiuc_2014_obaidullah
The impact of microfinance on living standards, empowerment and poverty allev...
The impact of microfinance on living standards, empowerment and poverty allev...
Microfinance and rural women empowerment in the kpandai district of ghana
Microfinance and rural women empowerment in the kpandai district of ghana
The Microfinance Initiatives for Poverty Alleviation: Rhetoric and Reality in...
The Microfinance Initiatives for Poverty Alleviation: Rhetoric and Reality in...
Contribution of microfinance and women empowerment
Contribution of microfinance and women empowerment
Similar to Financial services for the poor
Micro finance
Microfinance involves providing financial services like loans, savings, insurance to low-income individuals. It began in the 1970s when Muhammad Yunus started the Grameen Bank in Bangladesh. Microfinance institutions provide these services through organizations like non-profits and credit unions. They target small business owners, farmers, and traders without access to traditional banks. While microfinance helps reduce poverty, issues still exist like unregulated high interest rates and costs, and many poor people relying on informal lenders. The Indian government and organizations are working to expand access to microfinance and address weaknesses in the system.
Microfinance India
Microfinance involves providing small amounts of credit, savings, and insurance services to the poor. The concept originated in the 1970s when Dr. Muhammad Yunus lent money without collateral to groups of poor women in Bangladesh, achieving a 98% repayment rate. Today there are over 7,000 microfinance institutions globally serving 16 million poor households. In India, pioneering microfinance organizations included cooperatives like SEWA Bank. The SHG-Bank linkage model aggregates individual savings and provides loans through self-help groups. While microfinance has increased incomes and reduced vulnerability, issues sometimes arise from high interest rates, unethical collection practices, and uneven geographic growth.
Micro Financing
This document presents a project on microfinancing by a group of students. It discusses various topics related to microfinancing including introduction, sectors supported through microfinancing like agriculture and healthcare, countries supporting microfinancing like EU, percentage of people in Pakistan accessing microfinancing, rules for microfinancing, and examples of microfinance institutions in Pakistan. The document concludes by discussing strategic objectives of microfinance institutions like increasing outreach, focusing on productivity and efficiency, and providing branchless banking services.
Micro finance- P. SAI PRATHYUSHA ([PONDICHERRY UNIVERSITY)
Microfinance refers to the provision of small loans, savings, microinsurance, and funds transfer services to low-income individuals and small businesses who lack access to traditional banking services. It aims to help the poor generate income and lift themselves out of poverty by financing small entrepreneurial activities. Common microfinance providers include credit unions, commercial banks, NGOs, cooperatives, and specialized microfinance institutions. In India, microfinance has grown significantly since the 1970s with the emergence of self-help groups that are financed by banks and other organizations to provide credit to their members. Microfinance plays an important role in empowering women, generating employment, promoting financial inclusion, and driving overall economic development.
Micro-finance in rural india
Nationalized banks in India play an important role in microfinance in rural areas. Microfinance provides small loans, savings, and insurance to poor individuals and small businesses that lack access to traditional banking. While nationalized banks have expanded access to credit for rural Indians, they face limitations like a lack of experience with microfinance methods. Recommendations to improve microfinance through nationalized banks include developing a uniform legal framework, interest rates that cover costs, and programs that link credit to subsidies.
Micro finance and enterprenurship
Microfinance provides financial services to low-income individuals who lack access to traditional banking services. It includes small, short-term loans that use social collateral rather than financial collateral. Microfinance aims to help the poor raise their income and build assets through supporting microenterprises. It also seeks to integrate the financial needs of the poor into mainstream financial systems by building sustainable local institutions. Some key principles are that microfinance services should include loans, savings, insurance and money transfers to be truly useful for the poor, and that microfinance institutions must be financially self-sufficient in order to reach large numbers of people.
MICROFINANCE CHANNELS IN INDIA
Microfinance refers to small-scale financial services like credit and deposits provided to low-income individuals who lack access to traditional banking services. It aims to help the poor become self-sufficient through saving, borrowing, and insurance. While banks are reluctant to serve those with little income or collateral, microfinance fills this gap by providing small, collateral-free loans. In many developing countries, over 75% of the population lacks access to financial services apart from money lenders who charge high interest rates. Microfinance helps the poor by increasing incomes, allowing them to better manage cash flows and risks through access to credit. It also supports micro-enterprises and women's empowerment. Common microfinance models include self-help groups, credit
Micro finance - an introduction
This is a simple presentation about microfinance and important of it in developing country. I briefly described about service and impact of it.
I prepared it to present in university.
University of Economics in Katowice, Poland.
Suman Bhattarai (Nepal)
Eco ppt on micro finance
Microfinance refers to small-scale financial services like credit and deposits provided to low-income individuals who lack access to traditional banking services. It aims to help the poor become self-sufficient through saving, borrowing, and insurance. Traditional banks are reluctant to serve the poor due to high costs and lack of collateral. As a result, the poor rely on expensive moneylenders. Microfinance helps address this need by providing affordable credit that supports small businesses and empowers women. It has been successful in reducing poverty in countries like Bangladesh and India through high repayment rates of over 95% in many areas. While it benefits the moderately poor more than the destitute, microfinance overall has proven effective in poverty alleviation when designed
Microfinance in India
Microfinance refers to small-scale financial services like credit and deposits provided to low-income individuals who lack access to traditional banking services. It aims to help the poor become self-sufficient through saving, borrowing, and insurance. While banks are reluctant to serve these clients due to high costs and lack of collateral, microfinance fills this gap by providing small, affordable loans. Groups like self-help groups and microfinance institutions have successfully delivered microcredit in countries like India and Bangladesh, achieving repayment rates over 95% and helping many escape poverty. However, some criticize that microfinance benefits the moderately poor more than the destitute and can lead to over-indebtedness if not implemented responsibly.
Microfinance by suman saha
Microfinance is defined as providing financial services like credit, savings, and insurance to low-income individuals and those below the poverty line, with the goal of poverty alleviation and improving livelihoods. Microfinance is typically delivered through self-help groups and used by individuals to promote self-employment, such as starting small businesses. It aims to empower the poorest in society, especially women. In India, microfinance is dominated by self-help group bank linkage programs to provide affordable financial services to the poor. While microfinance has helped increase incomes and education for many clients, limitations remain around maximizing its contribution to women's empowerment.
Microfinance in India
This document provides an overview of microfinance in India. It discusses how microfinance provides financial services to low-income individuals who lack access to traditional banking. It notes examples like Mrs. Bharti who was able to start a sewing business after getting a microloan. The document also discusses challenges in the microfinance sector like steady access to capital, heavy dependence on banks/financial institutions, and political sensitivity around interest rates charged. Overall, the document aims to introduce microfinance and its role in empowering the poor in India.
LEGAL AND REGULATORY ASPECTS OF MICROFINANCE
The document discusses various aspects of microfinance in India including its legal and regulatory framework. It notes that microfinance aims to provide affordable financial services like credit, savings, and insurance to poor and marginalized households. Key points include that Bandhan Bank was the only microfinance institution granted approval to set up a bank in 2014. NABARD plays an important role in facilitating microfinance through credit distribution, development, and regulation. Small finance banks were created to promote financial inclusion for small businesses and farmers. Other models discussed include self-help groups and joint liability groups. Case studies of microfinance organizations like Grameen Bank, SKS Microfinance, and urban financial inclusion in Dharavi are also mentioned.
Micro Finance
Microfinance institutions (MFIs) can help promote financial inclusion and literacy in rural areas. MFIs are uniquely positioned to reach the rural poor through their existing operations and understanding of local issues. MFIs can launch a three-pronged approach involving financial education campaigns, appointing local correspondents, and providing counseling to spread awareness of financial concepts and services. This would help the poor better manage their money, access banking products, and plan for economic security through mainstream financial systems. Financial literacy is key to ensuring underserved communities can effectively utilize financial services and institutions.
77 79
Microfinance provides small loans to poor and low-income individuals without collateral to help them engage in entrepreneurial activities or expand small businesses. It has proven effective at reducing poverty by empowering individuals, especially women, to become self-sufficient. In India, microfinance has grown rapidly in recent decades through self-help groups and microfinance institutions, reaching over 100 million people. However, there is still a large unmet demand and regulatory challenges around interest rates and appropriate legal structures remain.
Micro-Finance in Global Prespectives.pptx
**Micro-Finance in Global Perspectives**
Microfinance, with its roots dating back centuries and its modern evolution driven by pioneers like Dr. Muhammad Yunus, represents a powerful force in global finance. Its historical journey encompasses early community-oriented pawnshops, 19th-century cooperative lending banks in Europe, and the birth of "modern microfinance" in rural Bangladesh. Over the years, microfinance has grown into a global movement, attracting substantial foreign investments and involvement from large banking institutions. With a diverse range of financial services, including small loans, savings, and insurance, microfinance aims to promote financial inclusion and empower low-income individuals, particularly women, across the world. Its adaptability, sustainability, and emphasis on entrepreneurship make it a critical tool in the fight against poverty and a key driver of economic development on a global scale. The global microfinance market continues to expand, offering hope and opportunity to millions of people who lack access to traditional banking services.
Micro Finance
It gives u a brief details about what is micro finance, how it works, y there is need for such institutions, the NGO's involved and the different types of MFI involved. the steps taken by India for micro finance.
PPT ON MICRO FINANCE
FREE PPT ON MICRO FINANCE|| PROJECT REPORT PPT MICRO FINANCE || SMU MBA FINANCE PROJECT ON MICRO FINANCE PPT || MICRO FINANCE PPT || MBA PROJECT REPORT ON MICRO FINANCE PPT|| FREE PPT || HOW TO MAKE PPT || FREE PROJECT PPT
Final ppt
This document is a presentation on the significance of microfinance in Pakistan. It discusses how microfinance originated in the 1970s to provide small loans to the poor. The purpose of microfinance is to eliminate poverty by increasing incomes and access to financial services for financially excluded groups. The research aim is to review studies on the impact of microfinance (microcredit and microsavings) on incomes, poverty, and other outcomes for the poor in Pakistan. It then discusses the roles of NGOs and different government/international organizations in supporting microfinance initiatives, and the various activities and risks involved in microfinance like microcredit, microsavings, and microinsurance. Finally, it provides an overview of the loan process for microfinance and different types
21
This document discusses the role of commercial banks in microfinance in Pakistan. It notes that while microfinance traditionally served those without access to formal financial services, involving commercial banks could help expand access to millions more. Commercial banks provide a widespread branch network and expertise in financial services that could better reach the microfinance market. While commercial bank rates may be higher, the costs of serving many small, rural customers justify this. The document also outlines the regulatory framework for microfinance in Pakistan and the State Bank of Pakistan's efforts to develop the industry.
Similar to Financial services for the poor (20)
Micro finance- P. SAI PRATHYUSHA ([PONDICHERRY UNIVERSITY)
Micro finance- P. SAI PRATHYUSHA ([PONDICHERRY UNIVERSITY)
Recently uploaded
Wound healing PPT
This document provides an overview of wound healing, its functions, stages, mechanisms, factors affecting it, and complications.
A wound is a break in the integrity of the skin or tissues, which may be associated with disruption of the structure and function.
Healing is the body’s response to injury in an attempt to restore normal structure and functions.
Healing can occur in two ways: Regeneration and Repair
There are 4 phases of wound healing: hemostasis, inflammation, proliferation, and remodeling. This document also describes the mechanism of wound healing. Factors that affect healing include infection, uncontrolled diabetes, poor nutrition, age, anemia, the presence of foreign bodies, etc.
Complications of wound healing like infection, hyperpigmentation of scar, contractures, and keloid formation.
BÀI TẬP BỔ TRỢ TIẾNG ANH LỚP 9 CẢ NĂM - GLOBAL SUCCESS - NĂM HỌC 2024-2025 - ...
BÀI TẬP BỔ TRỢ TIẾNG ANH LỚP 9 CẢ NĂM - GLOBAL SUCCESS - NĂM HỌC 2024-2025 - ...Nguyen Thanh Tu Collection
https://app.box.com/s/tacvl9ekroe9hqupdnjruiypvm9rdaneBÀI TẬP DẠY THÊM TIẾNG ANH LỚP 7 CẢ NĂM FRIENDS PLUS SÁCH CHÂN TRỜI SÁNG TẠO ...
BÀI TẬP DẠY THÊM TIẾNG ANH LỚP 7 CẢ NĂM FRIENDS PLUS SÁCH CHÂN TRỜI SÁNG TẠO ...Nguyen Thanh Tu Collection
https://app.box.com/s/qhtvq32h4ybf9t49ku85x0n3xl4jhr15South African Journal of Science: Writing with integrity workshop (2024)
South African Journal of Science: Writing with integrity workshop (2024)Academy of Science of South Africa
A workshop hosted by the South African Journal of Science aimed at postgraduate students and early career researchers with little or no experience in writing and publishing journal articles.Leveraging Generative AI to Drive Nonprofit Innovation
In this webinar, participants learned how to utilize Generative AI to streamline operations and elevate member engagement. Amazon Web Service experts provided a customer specific use cases and dived into low/no-code tools that are quick and easy to deploy through Amazon Web Service (AWS.)
BBR 2024 Summer Sessions Interview Training
Qualitative research interview training by Professor Katrina Pritchard and Dr Helen Williams
PCOS corelations and management through Ayurveda.
This presentation includes basic of PCOS their pathology and treatment and also Ayurveda correlation of PCOS and Ayurvedic line of treatment mentioned in classics.
Hindi varnamala | hindi alphabet PPT.pdf
हिंदी वर्णमाला पीपीटी, hindi alphabet PPT presentation, hindi varnamala PPT, Hindi Varnamala pdf, हिंदी स्वर, हिंदी व्यंजन, sikhiye hindi varnmala, dr. mulla adam ali, hindi language and literature, hindi alphabet with drawing, hindi alphabet pdf, hindi varnamala for childrens, hindi language, hindi varnamala practice for kids, https://www.drmullaadamali.com
Your Skill Boost Masterclass: Strategies for Effective Upskilling
Your Skill Boost Masterclass: Strategies for Effective UpskillingExcellence Foundation for South Sudan
Strategies for Effective Upskilling is a presentation by Chinwendu Peace in a Your Skill Boost Masterclass organisation by the Excellence Foundation for South Sudan on 08th and 09th June 2024 from 1 PM to 3 PM on each day.BÀI TẬP BỔ TRỢ TIẾNG ANH 8 CẢ NĂM - GLOBAL SUCCESS - NĂM HỌC 2023-2024 (CÓ FI...
BÀI TẬP BỔ TRỢ TIẾNG ANH 8 CẢ NĂM - GLOBAL SUCCESS - NĂM HỌC 2023-2024 (CÓ FI...Nguyen Thanh Tu Collection
https://app.box.com/s/y977uz6bpd3af4qsebv7r9b7s21935vdবাংলাদেশ অর্থনৈতিক সমীক্ষা (Economic Review) ২০২৪ UJS App.pdf
বাংলাদেশের অর্থনৈতিক সমীক্ষা ২০২৪ [Bangladesh Economic Review 2024 Bangla.pdf] কম্পিউটার , ট্যাব ও স্মার্ট ফোন ভার্সন সহ সম্পূর্ণ বাংলা ই-বুক বা pdf বই " সুচিপত্র ...বুকমার্ক মেনু 🔖 ও হাইপার লিংক মেনু 📝👆 যুক্ত ..
আমাদের সবার জন্য খুব খুব গুরুত্বপূর্ণ একটি বই ..বিসিএস, ব্যাংক, ইউনিভার্সিটি ভর্তি ও যে কোন প্রতিযোগিতা মূলক পরীক্ষার জন্য এর খুব ইম্পরট্যান্ট একটি বিষয় ...তাছাড়া বাংলাদেশের সাম্প্রতিক যে কোন ডাটা বা তথ্য এই বইতে পাবেন ...
তাই একজন নাগরিক হিসাবে এই তথ্য গুলো আপনার জানা প্রয়োজন ...।
বিসিএস ও ব্যাংক এর লিখিত পরীক্ষা ...+এছাড়া মাধ্যমিক ও উচ্চমাধ্যমিকের স্টুডেন্টদের জন্য অনেক কাজে আসবে ...
Traditional Musical Instruments of Arunachal Pradesh and Uttar Pradesh - RAYH...
Traditional Musical Instruments of Arunachal Pradesh and Uttar Pradesh
Advanced Java[Extra Concepts, Not Difficult].docx
This is part 2 of my Java Learning Journey. This contains Hashing, ArrayList, LinkedList, Date and Time Classes, Calendar Class and more.
ANATOMY AND BIOMECHANICS OF HIP JOINT.pdf
it describes the bony anatomy including the femoral head , acetabulum, labrum . also discusses the capsule , ligaments . muscle that act on the hip joint and the range of motion are outlined. factors affecting hip joint stability and weight transmission through the joint are summarized.
Recently uploaded (20)
Liberal Approach to the Study of Indian Politics.pdf
Liberal Approach to the Study of Indian Politics.pdf
BÀI TẬP BỔ TRỢ TIẾNG ANH LỚP 9 CẢ NĂM - GLOBAL SUCCESS - NĂM HỌC 2024-2025 - ...
BÀI TẬP BỔ TRỢ TIẾNG ANH LỚP 9 CẢ NĂM - GLOBAL SUCCESS - NĂM HỌC 2024-2025 - ...
Digital Artefact 1 - Tiny Home Environmental Design
Digital Artefact 1 - Tiny Home Environmental Design
BÀI TẬP DẠY THÊM TIẾNG ANH LỚP 7 CẢ NĂM FRIENDS PLUS SÁCH CHÂN TRỜI SÁNG TẠO ...
BÀI TẬP DẠY THÊM TIẾNG ANH LỚP 7 CẢ NĂM FRIENDS PLUS SÁCH CHÂN TRỜI SÁNG TẠO ...
South African Journal of Science: Writing with integrity workshop (2024)
South African Journal of Science: Writing with integrity workshop (2024)
Leveraging Generative AI to Drive Nonprofit Innovation
Leveraging Generative AI to Drive Nonprofit Innovation
Your Skill Boost Masterclass: Strategies for Effective Upskilling
Your Skill Boost Masterclass: Strategies for Effective Upskilling
Film vocab for eal 3 students: Australia the movie
Film vocab for eal 3 students: Australia the movie
BÀI TẬP BỔ TRỢ TIẾNG ANH 8 CẢ NĂM - GLOBAL SUCCESS - NĂM HỌC 2023-2024 (CÓ FI...
BÀI TẬP BỔ TRỢ TIẾNG ANH 8 CẢ NĂM - GLOBAL SUCCESS - NĂM HỌC 2023-2024 (CÓ FI...
বাংলাদেশ অর্থনৈতিক সমীক্ষা (Economic Review) ২০২৪ UJS App.pdf
বাংলাদেশ অর্থনৈতিক সমীক্ষা (Economic Review) ২০২৪ UJS App.pdf
Traditional Musical Instruments of Arunachal Pradesh and Uttar Pradesh - RAYH...
Traditional Musical Instruments of Arunachal Pradesh and Uttar Pradesh - RAYH...
NEWSPAPERS - QUESTION 1 - REVISION POWERPOINT.pptx
NEWSPAPERS - QUESTION 1 - REVISION POWERPOINT.pptx
Financial services for the poor
- 1. Financial services for the poor chapter 11 Presentation Aashique Ali 2k17/sw/2 Aslam khan 2k17/sw/20 Asad Ali 2k17/sw/96 Irfan 2K17/SW/100
- 2. INTRODUTION Microfinance is defined as any activity that includes the provision of a financial services such as credit, savings, and insurance to low income individuals which fall just above the nationality defined poverty line, and poor individuals which fall bellow the poverty line, with the goal of creating social value .the creation of social value includes poverty alleviation and the broader impact of improving livelihood opportunities through the provision of capital of microenterprise, and insurance and saving for risk mitigation and consumption smoothing.
- 3. Microfinance • Microfinance also called microcredit . Is type of banking services provided to unemployed or low income individuals or group who otherwise would have no other access to financial services , while institutions participating in the areas of microfinance most often provide lending. • Microfinance typically –targets microenterprise , which are characterized by little to no capital invested in the businesses , and a maximum of two or three.
- 4. Continuous…. • Micro loans can range from as small as 100 to large as 25000 dollar . • Many banks offer additional services such as checking and savings accounts as well as micro insurance . • Microfinance numerous services for clients ,microcredit and microenterprise the term used to refer to the loan or credit . • which clients will pay backs with interest to the MFI.
- 5. CONCEPT OF MICROFINANCE • Microfinance is not a new concept ,small operation have exited since the 18th century . • The first occurrence of micro lending is attributed to the Irish loan system introduced by jonathan swift ,which sought to improve for improverished irish citizen.
- 6. Grameen bank • The most well-known microfinance model is the Grameen bank in Bangladesh. • Whose solidarity group programs have loaned more than USD 17 billion for self employment purposes with repayments 100 precent .2015 • Garmeen bank had almost 129 million USD in capital , 22,000 employees. • 8.5 million borrowers and 2500 branches . • Accroding to lamia karim research , there are over 21 million women in country of 140 million benig served by MFIs in Bangladesh 2011
- 7. Garmeen bank objectives; • Extend banking facilities to poor men and women. • Eliminate the explotion of the poor by money lenders. • Create opportunities for self employment for the vast multitude of unemployment people in rural Bangladesh. • Bring the disadvantaged, mostly the women from the poorest household , within the fold of an organizational format which they can understand and mange by themselves •
- 8. Microfinance impacts• Mohammed Anisur Rehman [2007] has exmined that about microfinance and to investigate the impact of microfinance on the poor people of the society with the main focus on Bangladesh . • SusyCheston [2002] Has examined that microfinance has the potential to have a powerful impact on women empowerment . • Linda MAYOUX [2006] Has examined that microfinance programs not only give women and men access to savings and credit ,but reach million people of worldwide bringing them together regularly in organized groups.
- 9. Microfinance and businesses traning in Ghana • Box11.4 • Lumana is an MFI in Ghana with small communal bank groups. Once they are approved loan ,but before they receive any money ,these groups attend a three day business training in local languages . • This training includes basic accounting appropriate even for illiterate clients • As well as instruction in personal savings • Goal setting such as saving for children’s education • Runing business and get more profit .