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Microfinance Program In North-East India

A microfinance customer of Ujjivan Financial Services, a Bangalore-based Microfinance Institution. Image Credit: Microfinance Focus. Microfinance program, such as the SHG-BLP, has been extending credit to poor households using innovative delivery approach like group lending. In spite of being successful,... 

Women Empowerment And Entrepreneurship Through SHGs

During the Vedic and Mughal periods, women were exploited. However, during the medieval and post-second World War periods, women enjoyed greater freedom in the society and family. After independence, eminent women and other reformers in the society started massive campaigns for women’s emancipation... 

Two Macha Leima Staff Suspended

IMPHAL, Jan 5: Stating that two employees of Macha Leima namely LC Bethebi and Gunileima have been rusticated on account of misusing the fund of the organization and the loanees should not have any confusion over this issue, general secretary of Macha Leima T Demona has appealed to all the loanees for... 

‘Microfinance 2.0’: New Tools, New Goals And New Ways To Lift People Out Of Poverty

Some of the major misconceptions about microfinance — small loans of under $100 that enable Third World residents to become entrepreneurs — can be summed up by what happened roughly a decade ago, when the pioneering Grameen Bank decided to help female villagers in Bangladesh enter the mobile... 

Yunus Advocates Regulatory Body For Micro Credit In India

AHMEDABAD, Dec 17: There should be some regulatory authority when you have so many micro credit programs running. It’s time to have one for transparency purposes so that people are given out information in a transparent way Nobel Laureate and founder of Bangladesh‘s Grameen Bank Muhammad...