Tag Archives: Muhammad Yunus

Microfinance in China: Still Long Way to Go (Part II)

One of the major issues will be how to ensure that the money loaned to the poor can be paid back. Yunus’ system in Bangladesh is organizing groups and having the group members meet every week and monitor within themselves. But this model may not be duplicable to China. China is diversified and fragmented in […]

Microfinance in China: Still Long Way to Go (Part I)

Jaquiline Novogratz‘s social enterprise is working fine in Africa. Her Acumen Fund, incorporated on April 1, 2001, currently manages more than $30 million in investments in South Asia and East Africa, all focused on delivering affordable healthcare, water, housing and energy to the poor. Novogratz believes that neither charity nor marketplace alone will solve the […]