In San Francisco and New York, manufacturing industries are showing signs of life, thanks to a new approach.
While microfinance has been a popular and successful tool in third world countries for more than four decades, the overt theme at the Microfinance USA 2010 conference in San Francisco is that domestic micro lending is an untapped, growing market that is not only much in demand, but is greatly in need. In simplest terms, [...]
While not perfect, microfinance and Microfinance Institutions (MFIs) have been shown to be an effective tool in aiding mircoenterprises throughout third world communities. The positive impact they have on alleviating poverty and empowering entrepreneurs have been well publicized (Grameen Bank or BRAC). And while challenges remain (high interest rates/impact of the entrance of the capital [...]