Keyword: microfinance

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  • Bangladesh bank offers loans to US poor (you just can't make this stuff up!)

    02/18/2008 3:12:44 PM PST · by 2banana · 12 replies · 94+ views
    Financial Times ^ | February 15 2008 | Daniel Pimlott
    Bangladesh bank offers loans to US poor By Daniel Pimlott in New York Published: February 15 2008 Bangladesh’s Grameen Bank has made its first loans in New York in an attempt to bring its pioneering microfinance techniques to the tens of millions of people in the world’s richest country who have no bank account. The bank’s entry into the US, its first in a developed market, comes as mainstream banks’ credibility has been hit by the mortgage meltdown and many people are turning to fringe financial institutions offering loans at exorbitant interest rates.
  • Banker to poor wins Nobel Peace Prize

    10/14/2006 6:49:47 AM PDT · by Valin · 30 replies · 684+ views
    AP ^ | 10/14/06
    DHAKA, Bangladesh - The simple yet revolutionary idea of loaning tiny sums to poor people looking to escape poverty by starting businesses won Bangladeshi economist Muhammad Yunus and the Grameen Bank he founded the Nobel Peace Prize on Friday. Yunus' notion - today, known as microcredit - has spread around the globe in the past three decades and is said to have helped more than 100 million people take their first steps to rise out of poverty. Some bought diary cows, others egg-laying hens. In recent years, money for a single cell phone has been enough to start thriving enterprises...
  • Nobel prize links poverty reduction to peace

    10/13/2006 12:30:24 PM PDT · by libertarianPA · 39 replies · 715+ views
    Yahoo! News ^ | 10/13/06 | Guy Jackson
    OSLO (AFP) - Attack the causes of poverty and you remove the roots of conflict -- that is the message the Nobel Committee wanted to send out by awarding its Peace Prize to the creator of a micro-credit scheme which benefits millions, analysts said on Friday. Bangladeshi economist Muhammad Yunus, the so-called "Banker to the Poor", and the Grameen Bank he founded three decades ago were the surprise winners of the award for pioneering a system of small-scale loans that has helped 6.6 million people escape the grind of poverty. As the head of the Nobel Committee, Ole Danbolt Mjoes,...
  • Trump Just Released Even MORE Evidence of Hillary’s Crimes

    06/04/2017 11:16:24 AM PDT · by yoe · 82 replies
    Conservatibe Daily ^ | June 3, 2017 | Max McGuire
    After the latest bombshell, Congressmen and Senators are calling for the Clinton email scandal to be re-opened! Yesterday, the Trump administration quietly released even more of Hillary Clinton's previously-unreleased emails and it includes a bombshell. There is now (concrete evidence) that Hillary Clinton emailed classified information to people outside of the government and asked them to print out a hard copy for her and Bill. This is one of the emails that the Obama administration tried to hide. In it, Hillary Clinton is seen forwarding 2-3 pages worth of classified information to Doug Band. If that name sounds familiar, he...
  • Stanley Ann Dunham Beyond the Grave

    03/26/2011 8:22:10 AM PDT · by Mortrey · 12 replies
    Lame Cherry ^ | March 26, 2011 | Lame Cherry
    "..this blog focused upon the Obama regime's nefarious plans to enslave the 3rd world to debt, as this blog traced Stanley Ann Dunham Obama Soetoro's sadistic plans as a once sociologist who became a banker for the globalist Ford Foundation, under Tim Geithner's old man's direction in create a syndicate which started out of European finance to lend money to the poverty stricken, which was termed MICROFINANCE."
  • The UN Plan For Human Settlements (Obama Plan)

    05/15/2010 7:56:54 PM PDT · by bronxville · 71 replies · 1,030+ views
    Berit Kjos ^ | ,June 1996 | Berit Kjos
    Bicycles instead of cars? Dense apartment clusters instead of single homes? Community rituals instead of churches? "Human rights" instead of religious freedom? The UN Conference on Human Settlements (Habitat II) which met June 3-14 [1996]in Istanbul, painted an alarming picture of the 21st century community. The American ways-free speech, individualism, travel, and Christianity-are out. A new set of economic, environmental, and social guidelines are in. Citizenship, democracy, and education have been redefined. Handpicked civil leaders will implement UN "laws", bypassing state and national representatives to work directly with the UN. And politically correct "tolerance"-meaning "the rejection of dogmatism and absolutism"...
  • Don't come looking at Gramama Obama's Bank

    04/26/2010 7:19:26 PM PDT · by tutstar · 93 replies · 2,309+ views
    lame cherry ^ | Sept 28 2008 | lame cherry
    Tucked away on the 10th floor of South Beretania apartments in Honolulu, Hawaii is quite a woman, the one engineered profile online suggests for Madelyn Lee Payne Dunham, the grandmother who raised Barack Hussein Obama when he was abandoned by his mother, but for the wonder woman profile which was created online, the one question jumps out that no one has noticed: If Madelyn Dunham was thee woman as her profile states who paved the way for all women in banking, thee woman who raised Barack Obama, then why is Barack Obama running away from this woman, why is she...
  • Traceability in a Sustainable World: A look into the very real RFID agenda ensnaring the earth

    02/20/2010 11:37:53 AM PST · by Sons of Union Vets · 12 replies · 423+ views
    The Devil is in the Details ^ | February 19, 2010 | JD
    Part 1: Introductions Picture a future where your right to privacy is a thing of the past. Where your government, doctor, retail stores, your home, your neighbor, and you keep accurate details of every transaction you make, whom you associate with, the amount of every and any goods you use, where you worship, your impact on the planet, your impact on your community, and any other piece of data that can be recorded as it pertains to your life. Many of us have seen articles and books that advocate for just such a world. Many more of us have read...
  • Widen financial access to the poor, urges Princess Maxima

    01/31/2010 11:41:25 AM PST · by Niuhuru · 17 replies · 340+ views
    Microfinance Focus ^ | January 27, 2010, 17:39 | NA
    Princess Máxima of the Netherlands, special advisor to the United Nations Secretary-General on financial access, has reiterated her plea to allow people in poor countries easier access to financial services, which she said would play a vital role in changing their economic lives.
  • For businesses in Kirkuk, micro-finance as a microcosm of reconstruction hopes

    09/19/2006 8:02:55 PM PDT · by SandRat · 1 replies · 220+ views
    KIRUK — It was only a few months ago that a terrorist incident in this northern Iraq city destroyed most of the stock of a local pharmacy, leaving a family-owned business in tatters and depriving the community of much needed medication. In a spark of hope for moving beyond the insurgency, however, the pharmacy and the services it provides to the community will soon be fully restored. In mid-July, the family took out a loan – the equivalent of $3,000 in Iraqi dinars – to replenish the stock and rebuild their business. Small as it may sound, the amount means...
  • Microfinance: Grameen - Banking on the poor

    12/02/2005 8:41:31 AM PST · by Wiz · 2 replies · 233+ views
    AKI ^ | 2005 Dec 2
    Rome, 2 Dec. (AKI) - What started out as a credit scheme to help 42 people with 27 dollars in a small village in Bangladesh in 1976, is today a bank helping 5.5 million borrowers nationwide disbursing up to 75 million dollars every month. The Grameen Bank was established by Professor Muhammad Yunus to help the rural poor in Bangladesh by providing credit to the poorest of the poor without any collateral. In an interview with Adnkronos International (AKI), Dipal Chandra Barua, deputy managing director, explained how this microcredit system has succeeded in countries around the globe. "Bangladesh is a...