He concluded that micro finance
was the potent tool for poverty alleviation.
However, that is because there is no specific micro finance
regulatory framework in the country, that is the only window that we can be fitted in, for us to operate," Heita said.
She added Buksh Foundation works with diverse partners functioning across Pakistan to improve the quality of life for the rural communities of the country, making them self-reliant in getting access to micro finance
loans, and help them for a better standard of living.
They begged to stay with the micro finance
even though the size of the loans available is limited.
Over the phone from Yemen, the executive director of the Al-Amal Bank for micro credit, Muhammad Lai, briefed the meeting on the Al-Amal Bank and its experience in the application of micro finance
, product development, training, and the growing number of clients, as well as plans for the bank's future expansion in rural areas of Yemen.
Jacob Afolabi, noted that as part of efforts to sanitise and strengthen the microfinance banks and primary mortgage banks across the nation, the Corporation had revoked the licences of the 103 failed Micro finance
Banks and the 25 primary mortgage banks as well as the revision of the micro finance
We have seen a gradual increase in the livelihood of the productive families and the small business owners who have been aware and utilize the facilities of the Islamic micro finance
The meeting brought together General Director of Development and Employment Fund, as well as representatives of the network of microfinance companies in Jordan (Tanmeyeh),National Microfinance Bank Alwatani ) , Microfund for Women, Jordan Microcredit (Tamweelcom), Ahli Microfinance Company, the Middle East Micro- credit company, Foundation for International Community Assistance (FINCA ) Jordan, the Cairo Amman Bank, Al Amin Micro Finance
Company and the UNRWA's microfinance department.
6m) offer to take a 60% stake in one of Nigeriaa[euro](tm)s top micro finance
banks licensed to operate across the country.
The objectives of the study are: 1) to analyze the pattern of socio--economic and educational status of SHGmembers, 2) to investigate the economic profile of SHG members, 3) to evaluate the impact assessment of micro finance
through credit and asset structure, 4) to measure the role of NGOs for implementation of micro finance
, and 5) to augment the strategy for better implementation of micro finance
So for once, the speculation over what was discussed at the summit may not be just hearsay but could hopefully be an indicator that announcements regarding micro finance
initiatives could be made by as early as Easter time.
This study takes a critical look at the impact of micro finance
banks on poverty reduction in Nigeria.