Definitions
from Wiktionary, Creative Commons Attribution/Share-Alike License.
- noun finance
Finance that is provided to unemployed or low-income people or groups
Etymologies
from Wiktionary, Creative Commons Attribution/Share-Alike License
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Examples
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"We therefore welcome any steps that will prevent any unethical practices in microfinance by rogue MFIs," said Mr. Akula referring to microfinance institutions that are in the business just to make money even if it hurts the poor.
Microloan Curbs Sink SKS Shares Eric Bellman 2010
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"Awareness of microfinance is really low here," says Premal Shah, president of Kiva.
Kiva Expands Microlending Reach to U.S. Businesses Sarah E. Needleman 2010
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First, traditional and straightforward microfinance is not going to work the same way in every circumstance.
Tom Murphy: Animal Farm at the Microfinance Innovation and Impact Conference Tom Murphy 2010
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The reason some of the poorest countries in the world need microfinance is because deep-rooted institutional problems make the general financial sector unworkable.
Capital vs. Institutions, Arnold Kling | EconLog | Library of Economics and Liberty 2009
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They are investing in microfinance institutions, rural energy, education and other areas of empowerment such as property rights.
Cheat Sheet: Charity Begins at Home Shloka Nath 2010
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First, traditional and straightforward microfinance is not going to work the same way in every circumstance.
Tom Murphy: Animal Farm at the Microfinance Innovation and Impact Conference Tom Murphy 2010
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You do it by accessing capital markets and yes, commercial microfinance is an important tool for inclusive access.
A Big Split Over Microfinance Megha Bahree 2010
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ProFund, the first private equity fund in microfinance, yielded an annualized 6.6% over ten years through 2005.
Microfinance Fever Matthew Swibel 2007
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Hartzler sticks one-fifth of his international holdings in microfinance and the rest in mainstream exchange-traded funds.
Microfinance Fever Matthew Swibel 2007
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He is investing in microfinance with dollars he's earmarked for charity anyway, using a donor-advised fund.
Microfinance Fever Matthew Swibel 2007
chained_bear commented on the word microfinance
Can't believe this wasn't already in the database.
"Lending tiny sums to people who live on a few dollars a day—street vendors in New Delhi, goatherds in Kenya—dosn't carry the glamour or financial rewards of haute banque. . . . But in an era when a great deal of freign aid has been wasted, or fallen into the hands of corrupt officials, microlending has built a track record of effective poverty relief. Microcredit pioneer Muhammad Yunus ... won the 2006 Nobel Prize. And microfinance, which now touches the lives of more than 100 million people, is one of the few bright spots in the troubled financial sector."
—Daniel Gross, "Cheap Loans at Insanely High Rates? Give Us More." Newsweek, September 29, 2008
September 27, 2008