Podcast
Questions and Answers
What is the goal of microfinance?
What is the goal of microfinance?
The goal of microfinance is to empower individuals and communities by providing them with the means to generate income, build assets, and improve their overall economic well-being.
What are the key features of microfinance?
What are the key features of microfinance?
The key features of microfinance include small loan amounts, savings accounts, insurance products, financial inclusion, and a social mission.
What types of financial services does microfinance provide?
What types of financial services does microfinance provide?
Microfinance provides small-scale financial services such as small loans, savings accounts, and insurance products.
What is the significance of savings accounts in microfinance?
What is the significance of savings accounts in microfinance?
How does microfinance promote financial inclusion?
How does microfinance promote financial inclusion?
What social mission do many microfinance institutions have?
What social mission do many microfinance institutions have?
What approach does microfinance sometimes employ, where individuals form small groups and are jointly responsible for each other's loans?
What approach does microfinance sometimes employ, where individuals form small groups and are jointly responsible for each other's loans?
In which decade did the modern microfinance movement become associated with the establishment of the Grameen Bank in Bangladesh?
In which decade did the modern microfinance movement become associated with the establishment of the Grameen Bank in Bangladesh?
Who is often considered the father of microfinance?
Who is often considered the father of microfinance?
What are some of the criticisms and challenges faced by microfinance?
What are some of the criticisms and challenges faced by microfinance?
What significant event led to the spread of microfinance initiatives in other parts of the world, following the success of the Grameen Bank model?
What significant event led to the spread of microfinance initiatives in other parts of the world, following the success of the Grameen Bank model?
What is the main strategy employed by microfinance for poverty alleviation, especially in developing countries?
What is the main strategy employed by microfinance for poverty alleviation, especially in developing countries?
Who was involved in providing small loans to impoverished communities in East Pakistan (now Bangladesh) in the 1950s and 1960s?
Who was involved in providing small loans to impoverished communities in East Pakistan (now Bangladesh) in the 1950s and 1960s?
What approach does microfinance take towards marginalized populations, such as rural populations and women entrepreneurs?
What approach does microfinance take towards marginalized populations, such as rural populations and women entrepreneurs?
What period saw the commercialization of microfinance, with some institutions adopting a for-profit model?
What period saw the commercialization of microfinance, with some institutions adopting a for-profit model?
What is the system that fosters a sense of community and social support in microfinance?
What is the system that fosters a sense of community and social support in microfinance?
