Many people are talking about microfinance. Is it different from microcredit? How many people benefit from it? How does it help them improve their living conditions? [...]
Read more: Ekovivo: Microfinance in a nutshellActions: Sustainable Finance
Olivier Endelin
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Thanks to MicroFinance Sans Frontières (MFSF), my husband and I performed a three-week mission with ASKI, a micro-finance institution (MFI) in the Philippines.
ASKI counts 39 branches, more than 100,000 clients and a gross loan portfolio of PHP 1,387,994 (US$ 34 187K) – which makes ASKI part of the 10 biggest MFI in the Philippines (source: [...]
Actions: Sustainable Finance
Florence Valle
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Our first post comes after our meeting with two amazing people, who set up their own business in Malaysia to help children, households and companies to better understand climate change and find easy ways to act now. [...]
Read more: Ecocentric Transitions: How to reconnect people with their environment and community values?Actions: Environment
Florence Valle
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Two microcredit agency opened their doors in the Brussels region mid-January, and were officially inaugurated last Monday, February 28. [...]
Read more: microStart, a new Microcredit agency in BrusselsActions: Sustainable Finance
Lily Dionne
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For the past 10 years, she has worked with Promujer (a Microfinance Institution – MFI) because “access to credit is easier than with banks”, she explained. “We formed groups of 20 to 25 people, because it’s easier to get loans as a group. This way, we didn’t need to provide guarantees, which we would have had to do for the banks”. [...]
Read more: Collective credit in PeruActions: Sustainable Finance
Benjamin Sierra
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Like Bolivia, Peru is truly a country of microfinance. But although the principles of microfinance have always existed there, it was not until the 1980s, and especially in the first years of the new millennium, that the sector really began to take off, alongside a genuine “boom” in the Peruvian economy. Today there are over [...]
Read more: FTT: the landscape of microfinance in PeruActions: Sustainable Finance
Loïc Linard
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Although Bolivia is the poorest country in South America, microfinance is more highly developed there than anywhere else on that continent. The reason is simple: almost all the country’s banks view microfinance as one of their key products, and the provincial branches of those banks are dedicated exclusively to serving a low-income clientele with a [...]
Read more: Microfinance Develops and Grows in BoliviaActions: Sustainable Finance
Johan Benichou
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Microcredit is an international system that provides a way for entrepreneurs who, for one reason or another, cannot access traditional bank loans. The small amounts of money issued by microfinance institutions (MFIs) are then used by “micro-entrepreneurs” to start and build their businesses.
But how exactly does it work? What kind of help is provided for [...]
Actions: Sustainable Finance
Isabelle Palsky
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Within the framework of its social and environmental responsibility, BNP Paribas supports “Microfinance Sans Frontières” association, which provides technical assistance to Microfinance Institutions (MFI) through a network of volunteers (active or retired, from the bank or not). Since its inception, MFSF has carried out around 50 missions in 10 countries for 12 different MFIs. MFSF [...]
Read more: Microfinance Sans Frontières in HaitiActions: Sustainable Finance
Samuel Lefevre
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IDE: to create income opportunities for poor rural households
Project Why: to create a model of education for for children in India
