The field of microfinance is hot these days – some would argue too hot, in fact. In this flurry of activity, it seems its originally intended purpose – service to the poor – is in danger of being overshadowed by…
In an effort to grow from its four existing branches to twelve by the end of the year, Housing Development Finance Corporation (HDFC) plans to open eight more microfinance branches across the nation. The branches would be designed around the…
In what appears to be a natural marriage, Intellecap (featured on TC-I numerous times here) has created a partnership between two of its programs. Intellecap, whose goal is to leverage innovative business solutions for low-income markets, held last week the…
The composition of the microfinance sector is becoming increasingly hybridized, as microfinance institutions (MFIs) morph into profit-making entities, and global financial institutions such as Citigroup, Inc. or HSBC Holdings become (unintended) vectors of poverty alleviation (refer to “Global Financial Institutions…
A recent article on www.sramanamitra.com postulates that SKS Microfinance, which offers “several microfinance options to the poor in India for a variety of businesses from agriculture and livestock purchase to basket weaving and photography,” and has to date “provided over $550 million…
The intent of the microfinance movement has been to build “financial systems that work for the poor majority.” The involvement of international financial institutions undoubtedly enhances this cause, enabling the poor to better access financial services.
As it turns out, ING Microfinance Support…
Headlines:
In yet another maternal care project aimed at benefiting rural women, the State government has decided to provide free food to all pregnant women who visit primary health centres (PHCs)…
Headlines:
A 10-year-old boy was burnt to death allegedly by five drunk members of a marriage party in Alipur village on the outskirts of the Delhi, leading to tension in the area.
Victimized. Marginalized. Stigmatized. Wayward. Downtrodden. Immoral.
Vandana is a poor woman in prostitution. But that is not all that she is defined by, although academic discourse may be rife with theories about how she should conceive of her own identity. Vandana…
