http://www.ericjohnolson.com/blog/2006/10/22/september-2006-the-tipping-point-for-microfinance/ Technology. Innovation. Science. VC. Media. :: by Eric Olson Tue, 06 Jan 2009 15:31:53 +0000 http://wordpress.org/?v=2.7 hourly 1 http://www.ericjohnolson.com/blog/2006/10/22/september-2006-the-tipping-point-for-microfinance/comment-page-1/#comment-2263 The Wannabe Venture Capitalist » Microfinance on the CS Monitor’s Ethical Investing Show Thu, 16 Nov 2006 04:10:33 +0000 http://www.ventureweek.com/blog/2006/10/22/september-2006-the-tipping-point-for-microfinance/#comment-2263 [...] One of the other key things about microfinance that was lightly touched on towards the end of the show was the expansion of microfinance from microcredit to microinsurance and other micro financial services. Thirty years into microfinance and a Nobel Peace Prize later we know microcredit works. It is now time to bring other financial services to the poor along with microcredit. Financial services should be considered a basic human right and we are getting closer every day to everyone having access to them. [...] [...] One of the other key things about microfinance that was lightly touched on towards the end of the show was the expansion of microfinance from microcredit to microinsurance and other micro financial services. Thirty years into microfinance and a Nobel Peace Prize later we know microcredit works. It is now time to bring other financial services to the poor along with microcredit. Financial services should be considered a basic human right and we are getting closer every day to everyone having access to them. [...]

]]> http://www.ericjohnolson.com/blog/2006/10/22/september-2006-the-tipping-point-for-microfinance/comment-page-1/#comment-1610 NASH Mon, 23 Oct 2006 06:24:30 +0000 http://www.ventureweek.com/blog/2006/10/22/september-2006-the-tipping-point-for-microfinance/#comment-1610 In india micro credit facility is evolving as a big business. But it was a great effort from this visionary from bangladesh to make it big. I am from INDIA and can see the apathy of many people who live below poverty line and can even earn 30 cents in a day. Things however are changing as many people are enjoying the micro credit facility. the local money lenders charge upto 100 percent interest per month whereas through grameen banks likes they get an interest of 35%. In india micro credit facility is evolving as a big business. But it was a great effort from this visionary from bangladesh to make it big. I am from INDIA and can see the apathy of many people who live below poverty line and can even earn 30 cents in a day. Things however are changing as many people are enjoying the micro credit facility. the local money lenders charge upto 100 percent interest per month whereas through grameen banks likes they get an interest of 35%.

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