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Grameen became a global model for microfinance.
What emerged ultimately became better model for microfinance lending; a model that I documented in my honors thesis and am now using as the foundation for Bloom Micro Financial.
The bank is owned and operated by its clients and has been a model for microfinance institutions around the world.
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BRAC, an indigenous Bangladeshi non-governmental development organization (NGO) working for poverty alleviation and empowerment of the poor, especially women ((http://www.brac.net), launched its much lauded model of microfinance plus programme in the East African state of Uganda in June 2006 [18].
To tackle these problems, we partnered with three Indian MFIs, Annapurna, the Evangelical Social Action Forum ESAFF) and Equitas in June 2013 to develop an operating model for disability-inclusive microfinance.
Despite this enthusiasm globally, Calvin has experienced resistance to Qifang's model of microfinancing student loans in China.
If the model is flawed, is there hope for microfinance with some re-tweeking?
"Loans and credit was the model for the first 30 years of microfinance," she stated.
Turning a profit from the start, XacBank has become well-known in the microfinance world as a model for transformation and growth.
So, where next for microfinance?
People used the respect for microfinance.
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