microcredit

Nigeria: The Sins of Microfinance Banks…

Jerry Uwah
19 July 2010
These are not the best of times for the nation’s embattled financial system. The capital market is yet to emerge from the abyss that unrestrained insider dealings and calamitous share price manipulations plunged it into.
Commercial banks are still waddling in the financial tsunami triggered by the infamous margin [...]

Kenya: Still reeling from the effects of post-election violence, drought

Microfinance institutions (MFIs) are emerging from one of their lowest business ebb in the last two years due to the 2008 post-election violence, a severe drought and dried fund taps from donors as a result of the global financial crisis.
According to the industry players, the last two years have been the toughest for their businesses.
“The [...]

Microfinance meltdown in Bosnia…

A market-led lending scheme some hoped would be the driving force behind economic revival in Bosnia after the civil war ended in 1995 is facing meltdown. Its harshest critics say the scheme is not only in crisis, but that it has done more economic harm than good. Microfinance, where modest loans are distributed to tiny start-ups, is [...]

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