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  2. Microcredit - Wikipedia

    en.wikipedia.org/wiki/Microcredit

    The domestic Accion programs started in Brooklyn, New York, and grew from there to become the first nationwide network microlender. [30] [circular reference] US microcredit programs have helped many poor but ambitious borrowers to improve their lot. The Aspen Institute's study of 405 microentrepreneurs indicates that more than half of the loan ...

  3. Microfinance - Wikipedia

    en.wikipedia.org/wiki/Microfinance

    Some argue that microcredit empowers women. In the US and Canada, it is argued that microcredit helps recipients to graduate from welfare programs. Critics say that microcredit has not increased incomes, but has driven poor households into a debt trap, in some cases even leading to suicide. They add that the money from loans is often used for ...

  4. Village banking - Wikipedia

    en.wikipedia.org/wiki/Village_banking

    Village banking is a microcredit and saving methodology whereby financial services are administered locally in a community bank rather than in a centralized commercial bank. Village banking has its roots in ancient cultures and was most recently adopted for use by micro-finance institutions (MFIs) as a way to control costs.

  5. Impact of microcredit - Wikipedia

    en.wikipedia.org/wiki/Impact_of_microcredit

    A study in Bangladesh showed that microcredit increases dowries, with women forced at times to take microcredit loans as the only means to pay these increased dowries for their daughters. [27] The first randomized evaluation of the introduction of microcredit, carried out in Hyderabad in India, found no impact on women's decision-making. [5]

  6. List of microcredit lending websites - Wikipedia

    en.wikipedia.org/wiki/List_of_microcredit...

    Main page; Contents; Current events; Random article; About Wikipedia; Contact us; Help; Learn to edit; Community portal; Recent changes; Upload file

  7. Microcredit Summit Campaign - Wikipedia

    en.wikipedia.org/wiki/Microcredit_Summit_Campaign

    The Microcredit Summit Campaign was founded by Muhammad Yunus, Sam Daley-Harris, and John Hatch on a principle that emphasized a citizen-led approach of establishing and meeting a collective global goal. The Campaign represents more than a single organization and is a social movement that aims to advance the microfinance field and foster a ...

  8. Grameen America - Wikipedia

    en.wikipedia.org/wiki/Grameen_America

    Grameen America is a 501(c)(3) nonprofit microfinance organization based in New York City.It was founded by Nobel Peace Prize recipient Muhammad Yunus in 2008. Grameen America is run by former Avon Chairman and CEO Andrea Jung.

  9. Solidarity lending - Wikipedia

    en.wikipedia.org/wiki/Solidarity_lending

    Solidarity lending involves collateral-free loans through solidarity groups and village organizations like this one in Bangladesh. Solidarity lending is a lending practice where small groups borrow collectively and group members encourage one another to repay. It is an important building block of microfinance.

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