It said the overhang of the triple blows of note-ban, GST introduction and farm loan waiver is still visible in the micro-lending
segmentm which constitutes as mnuch as 72 percent of its assets.
allows individuals to not only build a sustainable future for micro-entrepreneurs, but also a supportive ecosystem for development at the macro level.
Kueski is the leading online micro-lending
platform in Mexico and Latin America.
Webb, Kristiani and Olaru (2009) conclude that a critical factor influencing micro-loan program success is the local image, reputation, and long-term sustainability expectations of the micro-lending
She voiced strong support for the micro-lending
organisation, which has fallen out of favour with the Bangladesh government.
The draft budget includes 1 billion som for affordable credits for farmers and another 1 billion som for creation of micro-lending
organizations in rural municipalities with the purpose to improve living standards of local communities.
"You know, we put a huge amount of US taxpayer money every year into education programs in Pakistan, micro-lending
programs, flood relief, all kinds of economic opportunity programs because we believe a strong Pakistan is in our interests," she added.
However, the large amount of people that have been helped with a relatively small amount of money seems to indicate that micro-lending
is a successful aid and poverty reduction tool, even if it is an unsustainable for-profit model.
United States Agency for International Development (USAID), working with Volunteers for Economic Growth Alliance/ International Executive Service Corps (VEGA/IESC), has identified seven local partners to expand micro-lending
throughout Lebanon: Association of Rural Development (ADR) in the South; Association Entraide Professionnelle (AEP) in Beirut; AlMajmoua in Beirut; Ameen in Hazmieh; Lebanese Cooperative for Development (CLD) in Zalka; Emkan in Beirut; and Makhzoumi Foundation in Beirut.
Tapscott, chairman of the think tank nGen-era Insight and fellow of the World Economic Forum, and Williams, a speaker and consultant on business collaboration, stress the value of collaboration, giving credence to the idiom, "two heads are better than one." They present case studies of those already embracing the "macrowikinomics" business model, such as a micro-lending
company where 570,000 individuals help fund new ventures, an online community for people with life-altering diseases that also serves as a large-scale research project, and an Iraq veteran whose startup car company is "staffed" by more than 4,500 competing designers and supplied by microfactories around the world.
The study has the following objectives: 1) to know the extent of adequacy and effectiveness of the implementation of microfinance program components of City Social Welfare and Development Office in Butuan city in terms of information, education and communication; capability building; savings mobilization; and micro-lending
and 2) to determine the predictors of development of microfinance beneficiaries when the program components are grouped according to adequacy and effectiveness.
The programme includes a micro-lending
facility, allowing the runaways to secure a loan without collateral of up to Dh1,500.