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Islamic Microfinance

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Grameen Foundation, Grameen Capital India and Grameen-Jameel to jointly address funding constraints to Indian microfinance institutions

IMO News Service Grameen Foundation and its affiliates, Grameen Capital India and Grameen-Jameel Microfinance Ltd., on December 29, 2010, announced a new initiative to address the liquidity needs of Indian microfinance institutions (MFIs) that demonstrate a double-bottom-line focus on social and financial returns. Local bank financing has shrunk throughout India …

Sahulat serious about poverty alleviation through microfinance

By Mudassir Rizwan Patna: Sahulat Microfinance Society is seriously working on using microfinance as a tool to alleviate poverty. Launched earlier this year by the Delhi-based Human Welfare Foundation, the Society is building a network of microfinance system throughout the country. Part of campaign to spread awareness about microfinance and …