Microfinance

Who are we? Habitat for Humanity International Habitat for Humanity International is a nonprofit, Christian organization that works in 32 countries in Europe, Middle East, and Africa to eliminate poverty housing. Since its founding in 1976 by Millard Fuller and his wife Linda, Habitat has built or renovated more than 800,000 homes around the world, providing more than 4 million people with safe, decent, affordable shelter. Habitat for Humanity Armenia Habitat for Humanity Armenia is the…

The world has a long history of colonialism, with most of the world today being shaped by colonialism. At a point in time, most countries were divided into two categories: colonies, or empires. To be an empire, it was essential to have numerous colonies, as this was a way to show power and obtain raw resources. However, the modern world now has changed significantly, or it has claimed it has. Although colonialism of the past does not exist anymore, the effects of colonialism are still present…

1. Introduction The Consciousness of the people on financial literacy in decision-making initially becomes inspirations to this essay. Diversification of financial instruments and the complexity of procedure lead to the people realize on crucial role of financial knowledge. The Financial literacy concept is extensively acknowledged as a pivotal element within many areas of life when people begin to enter the modern global market, such as become an entrepreneur, an investor, or an officer. In a…

Instead of microfinance why not creating jobs. For example a micro financier lens money to a group of women to buy sewing machines and set her up own small business, on the other side a traditional financer lends some amount to an entrepreneur and helps her to set her…

After traveling to impoverished nations around the globe, Novogratz quits her job on a whim and moves to Africa during the late eighties, determined to improve the lives of those in need. After stints of hardship and adversity, Novogratz forms a microfinance firm for women and names it Duterimbere (d(y)o͞o, terim, ber), which means to go forward with enthusiasm. Novogratz’s goal with Duterimbere was to decrease economic barriers for women, which would in turn give them more power as citizens.…

itself does not stipulate training in affordable microfinance or financial literacy for disadvantaged people of color. That is why South African policymakers must think outside of the explicit language of this act to close the policy gap of low educational attainment and give disadvantaged South Africans of color with the skills necessary to keep homes and, further, land. As the World Bank noted in a 2013 study, they already have begun to do so. Microfinance and development nonprofits such as…

small action like empowerment through micro finances can change lives and communities over a small period of time. However, Through this new internship, my goals would be different. I want to better study the impact of political implication of microfinance. By working with an NGO that focuses specifically on partnering with a regional mayor department, I will be able to see how I could have an influence on how the debate goes. I also want to learn more about the cycle of the funds, because, with…

responsibility and Business Model Over the years we have worked to ensure that our community investment priorities support the MDGs. Goal 1 : Eradicate extreme poverty and hunger Our commitment: • Provide financing and technical assistance for microfinance institution (MFI) clients in Asia and Africa to enhance the capacity to extend loans to more people in our markets. • Provide financial education to micro and small businesses in our markets. Our…

When she was in Kenya, she had a chance to work analyzing a loan portfolio for a microfinance organization. She worked day and night for several days to show how she was interested in working for nonprofit organizations. After several days, she finished the report, which was written by hand except the summary. She submitted the report;…

In 1968, a Georgian town called Koinonia dedicated 42 half-acre of land, which was reserved as a park and recreational area, to start building houses for the poverty. The housing project is a concept of “partnership housing”, which allows those in need of shelter to work side by side with volunteers in building adequate and decent houses. These houses would be sold with no profit and interest would not be charged on the loans to the house owners. To fund the building cost, the money would be…