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Reports of over-indebtedness among borrowers, the cost of field workers and the time to evaluate and process loans are some of the shortcomings of the micro finance sector.
There's already a widespread micro-financing sector.
The company's holdings of growth companies are focused around seven comprehensive business sectors; Telecom & Services, Online, Media, Micro financing, Paper & Packaging, Agriculture and Renewable energy.
An example is a Swiss fund called Responsibility that supports micro financing.
Micro finance institutions contributed only (9%).
Muhammad Yunus: Let's first define what micro finance is.
However, in the last decade, micro finance also suffered some failures and challenges.
Tom is the Senior Technical Advisor for their micro finance program and Carolyn is the brand new CEO.
This was the secret of Nobel Prize winner Muhammad Yunus, the founder of micro finance and micro lending.
Fonkoze is Haiti's largest micro finance organization.
Why are micro finance funds, NGOs and foundations the only ones playing big in this space?
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