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Copy of Microfinance-Empowering the Poor

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by

Marie Schwerdtner

on 20 February 2014

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Transcript of Copy of Microfinance-Empowering the Poor

How it works
About Microfinance
Definition:
Microfinance is a general term to describe financial services to low-income individuals or to those who do not have access to typical banking services.
Muhammad Yunus
Date of Birth: June 28, 1940
Marital Status: Married
Nationality: Bangladeshi
Education: Ph.D in Economics,
Vanderbilt University, U.S.A.(1970)
by Hauke Schwerdtner
Microfinance-
Empowering the Poor

A Successful Story

Definition
How it works
Muhammad Yunus
A successful story
Sources

Definition
How it works
Muhammad Yunus
A successful story
Sources

Definition
How it works
Muhammad Yunus
A successful story
Sources

Definition
How it works
Muhammad Yunus
A successful story
Sources
Questions?
Comments?
Requests?
MFI
Poors
Financial Institutions
Loans
Insurance
Saving Accounts
Other
Financial Institutes
Donations
Private Equity
gives loans to
invest
EXISTANCE
pay back
Micro Financial Institutes
education
make themselves profitably self employed
goods and services
help the community
housing
give information to
about 95%
India:
Parveen Baji
beggar, illiterate, 9 Children, wife of an abusive, drug-addicted husband
received 70$
learned reading& maths
runs restaurant & catering service with 8 employees
sent some children to school, one to college
built a laundry to keep her husband busy
bought a home
Sources:
http://www.nytimes.com/2010/11/14/opinion/14kristof.html
http://www.kiva.org/
http://www.microfinancegateway.org/p/site/m/
http://www.visionmicrofinance.com/
http://www.microfinance.com/
http://www.muhammadyunus.org/
http://www.microinsurancecentre.org/
http://en.wikipedia.org/wiki/Microinsurance
http://www.uncdf.org/en/financial-services-for-the-poor
1970s: Foundation of Grameen Bank
2006: Nobel Peace Prize
Full transcript