Muhammad Yunus is known as the father of modern microfinance. His professional accomplishments include serving as the head of the economics department of Chittagong University, founding Grameen Bank, co-founding the Microcredit Summit Campaign, and most notably, winning the 2006 Nobel Peace Price. He is also the author of Banker to the Poor. Yunus remains an […]
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Read some of the inspiring true success stories from around the world. These heroes were able to conquer poverty and secure a better future for them and their children. All these instances show the power of how financial products can change the future. Microloans Ana-Maria from Columbia Ana-Maria was a native born in the outskirts
The Pathways out of Poverty book series contains 3 books by Sam Daley-Harris, Ann Awimbo, Gary S. Fields, Guy Pfeffermann and Benedito Cunguara. Here are links to them on Amazon. Pathways out of poverty in rural Mozambique: A panel data analysis, 2002/2005 Poverty reduction is the foremost important development goal in Mozambique. In spite of
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Eliminating poverty is only possible if it can be measured. There are a number of poverty measurement tools like unemployment, income level, and savings. But what if you need a leading and not a lagging indicator? What if you need to compare countries? That’s where the Progress out of Poverty Index (PPI) comes in. What
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What are Microloans? Microloans, are small, short term loans extended to entrepreneurs and smal busines owners to help kickstart the company’s growth. The amount of the average microloan ranges between $500 and $50,000 in the United States. One particular type of microloan is the SBA loan, which is a business loan guaranteed by the Small
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Credit Summit is a website dedicated to exploring all financial products that can help individuals get out of poverty. Lately consumer debt has become a problem in the United States. From payday loans, to credit cards, to student loans. Thus, we have decided to focus on consumer debts that tend to entrap people into an
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