![Outline ,[object Object],[object Object]](data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7)
Empfohlen
Weitere ähnliche Inhalte
Was ist angesagt?
Was ist angesagt? (20)
Ähnlich wie Intern oreintation microfinance101
Ähnlich wie Intern oreintation microfinance101 (20)
Mehr von kivaspeakers
Mehr von kivaspeakers (20)
Kürzlich hochgeladen
Kürzlich hochgeladen (20)
Intern oreintation microfinance101
- 1. Microfinance 101 and Online Social Lending for Development
- 3. “ Give a man a fish and you feed him for a day. Teach a man to fish and you feed him for a lifetime. Chinese Proverb What if he knows how to fish, but just can’t afford the fishing net?” Matt Flannery, Co-Founder, Kiva
- 9. Group of Groups $ $ Start Loan Process
- 10. Group of Groups $ $ Successfully repaying
- 11. Group of Groups $ Successfully repaying
- 12. Village Banking External Source of Funds VB with elected leaders $
- 14. Solidarity Groups 1 6 5 4 3 2 7 8
- 15. What’s Kiva’s role in Microfinance?
- 16. The Kiva Microfinance Lending Process Kiva Fellows play an integral role in the Kiva process as they post loans, write about borrowers, ensure data integrity, and increase transparency. Microfinance Institutions Entrepreneurs Lenders
Hinweis der Redaktion
- What is this money used for? Often the same reason any of us need credit for our businesses – Start up capital Working capital Buy in bulk Consumption smoothing Children’s school fees often due up front Improvements in housing Anything that improves the human condition and fights the effects of poverty Not a charity. Not a handout, but a hand up. Treating the poor with dignity, respect, and equality. Same as any other economically active member of society. Empowers the individual in a way that other macro development funding initiatives do not
- The poor need financial services, and already use them informally: Borrowing money from loan sharks with interest rates so high that it may be impossible to ever pay back Savings accounts kept in the home, vulnerable to theft Investing in livestock which is vulnerable to disease
- Yunus began in 1976 when he lent $27 of his own money to 42 women involved in bamboo stool making Jobra, Bangladesh Today, almost 8 million borrowers in Bangladesh, 97% are women, since inception lent out more than $8.5 BILLION dollars to the poor, and more than $7.6 billion has been repaid. Current loan recovery rate is 98%.
- Group of Groups Borrowers organize themselves into Group of five, 8 groups form a Centre First 2 members receive a loan. If repay, 4 to 6 weeks later, next 2 members receive their loan. If they all repay, last member receives their loan. Peer pressure is basic guarantee for loan repayment As long as all repay, future credit is extended
- Group of Groups Borrowers organize themselves into Group of five, 8 groups form a Centre First 2 members receive a loan. If repay, 4 to 6 weeks later, next 2 members receive their loan. If they all repay, last member receives their loan. Peer pressure is basic guarantee for loan repayment As long as all repay, future credit is extended If any member defaults, then all members are denied access to future credit Repayment is collected during public meetings with all 8 groups present Societal pressure is strong disincentive to default
- Group of Groups Borrowers organize themselves into Group of five, 8 groups form a Centre First 2 members receive a loan. If repay, 4 to 6 weeks later, next 2 members receive their loan. If they all repay, last member receives their loan. Peer pressure is basic guarantee for loan repayment As long as all repay, future credit is extended If any member defaults, then all members are denied access to future credit Repayment is collected during public meetings with all 8 groups present Societal pressure is strong disincentive to default
- Group of Groups Borrowers organize themselves into Group of five, 8 groups form a Centre First 2 members receive a loan. If repay, 4 to 6 weeks later, next 2 members receive their loan. If they all repay, last member receives their loan. Peer pressure is basic guarantee for loan repayment As long as all repay, future credit is extended If any member defaults, then all members are denied access to future credit Repayment is collected during public meetings with all 8 groups present Societal pressure is strong disincentive to default
- These short-term (1 month to 1 year) loans are generally slightly larger than loans given to community bank members ($100 to $300 range). Repayment happens frequently, usually by one member of the group. Subsequent loans are dependent on repayment by all members; thus, the group is responsible for follow-up with delinquent borrowers. The incentive to repay the loan is based on peer pressure - if one group member defaults, the other group members make up the payment amount. In some cases, each group member may be legally responsible for the debts of all other members of the group. Loan approval is based on a group assessment.