|
|
Like this article? PLEASE +1 it! |
|
Enhancing Microfinance Efficacy through Integrated Services
|
| Guest post by: Grameen Foundation |
Article Overview: Most microfinance organizations serve what we define as the extreme and the moderate poor.
![]() |
Free Download - Conclusion - Microfinance: A Platform for Social Change By Grameen Foundation |
Enhancing Microfinance Efficacy through Integrated Services
Most microfinance organizations serve what we define as the extreme and the moderate
poor. These are individuals living below the poverty line earning less than $1 per day in the
poorest countries and less than $2 in middle-income developing countries. Unlike the destitute
poor, these individuals may not have to worry about the basic necessities such as food, water,
shelter, and clothing all year round, but they are still vulnerable to adverse effects that interrupt
their income such as ill health, lack of education, and natural disasters as described earlier. While
they are served by microfinance organizations, they can benefit from additional support to help
them become more sustainable clients and have an increased likelihood of success. Incorporating
elements of Grameen Bank and BRAC’s successes at synergizing various empowerment
interventions with the provision of microfinance (often through related companies), organizations
such as Pro Mujer and Fonkoze and others have attempted to link microfinance with health,
education, and natural disaster relief and prevention.
Microfinance: A Platform for Social Change
by Marge Magner
March 2007
Grameen Foundation
|
About the Author: Grameen Foundation RSS for Grameen's articles - Visit Grameen's website Grameen Foundation's mission is to empower the world's poorest people to lift themselves out of poverty with dignity through access to financial services and to information. With tiny loans, financial services and technology, we help the poor, mostly women, start self-sustaining businesses to escape poverty. Founded in 1997 by a group of friends who were inspired by the work of Grameen Bank in Bangladesh, our global network of microfinance partners reaches over 3.6 million families in 25 countries. Click here to visit Grameen's website Conclusion Microfinance A Platform for Social Change Paving a New Path Inhibitors to Success Health Day Laborer Turned MicroBusinesswoman Inhibitors to Success Natural Disasters |
Related Forum Posts
Share this article with your friends. Fund someone's dream.
Leave a comment below or share on the left and you'll help support entrepreneurs in Africa through our partnership with Kiva. Over $50,000 raised and counting - Please keep sharing! Learn more.
Get advice & tips from famous business
owners, new articles by entrepreneur
experts, my latest website updates, &
special sneak peaks at what's to come!
Email us your ideas on how to make our
website more valuable! Thank you Sharon
from Toronto Salsa Lessons / Classes for
your suggestions to make the newsletter
look like the website and profile younger
entrepreneurs like Jennifer Lopez.



