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In: Stories

A Micro Credit success story in Tunisia

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Faced with the constant flow of new job seekers, the Tunisian government created, in late 1997, the Tunisian Solidarity Bank (BTS). BTS is a microfinance institution established by Tunisian President Ben to finance private micro-projects in Tunisia.

In: Stories

Microcredit : a success-story from Nepal

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Mahila Sahayogi Sahakari Sanstha (MSSS), a micro-credit provider in Nepal help the women in the country earn money by providing micro credit loans. The employees of the micro-finance institution come to their doorsteps to provide them credit and the borrowers do not have to offer their property as...

In: Stories

Fighting poverty through micro-credit

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Mr Wolfonsohn said micro-finance had made a powerful impact on improving poor people's livelihood and was crucial in reducing poverty in poor countries.

In: Stories

Micro Credit or Dignity Funds in Tunisia

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ENDA helped Mohsen, a young man in Tunisia, to start his business though micro-credit. ENDA was founded as a multi-sectoral development microfinance institution focusing on environment, health, education, and youth activities in Tunisia.

In: Stories

Extending women enterpreneurship in India

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To reach populations in remote areas, Hindustan Unilever has recruited and trained women in rural areas to act as direct sales operators. This led to the creation of Project Shakti in India which is now being extended to other countries as well.

In: Stories

A Ghanaian story about how a small loan can change lives

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Sinapi Aba Trust helps Akosua, a housekeeper in Ghana, prosper in her business though microfinance. After years of knocking on doors to sell pastries, a small loan changed everything for Akosua.

In: Stories

SKS Microfinance Case Study - Lakshmi's Story

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SKS Microfinance Limited (SKS) is a non-banking finance company regulated by the Reserve Bank of India and currently operating in 19 of India's 28 states. SKS' mission is to eradicate poverty by providing financial services to the poor.

BancoSol

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BancoSol is a Bolivian microfinance bank that provides financial services to micro-entrepreneurs. After over eighteen years in business, BancoSol has disbursed more than USD 2 billion for more than 1.5 million micro enterprise projects. Currently, the Bank has more than 130,000 clients who...

Wokai

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Wokai is an online platform that utilises the principle of microfinance to connect people who would like to make loans which will have a direct impact on the lives of people living in rural China, their families, and their communities. Borrowers are people who want to start small businesses, but...

In: Stories

The Asian Development Bank and Non-Governmental Organizations: Working Together

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The Microcredit Project in Indonesia, established by the Asian Development Bank and approved in 1994, focuses on microenterprise support, recognizing the potential of microenterprises to create jobs at low capital input costs and raise the income levels of the poor.