Top 21 Microfinance Quotes & Sayings

Explore popular Microfinance quotes.
Last updated on November 15, 2024.
Because microfinance is so manageable in terms of the size of the loan, people have made it the cornerstone to lifting women out of poverty.
She may hide it, but Clinton is a policy nerd. Ask about microfinance, and she'll talk your ear off. Mention early childhood interventions, and she will gush about obscure details of a home visitation experiment in Elmira, N.Y., that dramatically improved child outcomes.
There are ways to abuse the microfinance system, just like there are ways to abuse the mortgage system. The solution is not to ban mortgages. — © Diana Taylor
There are ways to abuse the microfinance system, just like there are ways to abuse the mortgage system. The solution is not to ban mortgages.
Microfinance recognizes that poor people are remarkable reservoirs of energy and knowledge, posing an untapped opportunity to create markets, bring people in from the margins and give them the tools with which to help themselves.
We developed microfinance to fight loan sharks - I was telling people don't go to loan sharks - not trying to take advantage and make money for myself. I would be a junior loan shark if I did ... It is not a panacea.
A well-functioning microfinance bank can actually be a profitable business as well. So it became a perfect proof point that, through business, you can provide an experience that leads to individual self-empowerment.
Microfinance does not require previous experience or loans to the same extent as a small-business loan, so it's easier for women to enter the micro sector.
Addressing governance issues are important because whichever silo you work in, be it education, microfinance, sanitation, food or health, you would eventually hit governance deficit.
Microfinance recognizes that poor people are remarkable reservoirs of energy and knowledge
The moment you say microfinance everybody wants to help you.
We developed microfinance to fight loan sharks - I was telling people don't go to loan sharks - not trying to take advantage and make money for myself. I would be a junior loan shark if I did... It is not a panacea.
Microfinance is an incredibly powerful tool ... but we must move beyond micro-hopes and micro-ambitions for women.
In 1989, I started the National Association of Business Women. We incorporated microfinance and different job training for women. We did a survey, with USAID, that found women lacked training, credit and information.
Microfinance initiatives are very high-touch models. The loan officer meets with local groups of borrowers every week, they share tips and techniques. There's a lot of training and learning that goes on, which adds to the cost of the model.
Microfinance is an idea whose time has come.
I think the money for the solutions for global poverty is on Wall Street. Wall Street allocates capital. And we need to get capital to the ideas that are successful, whether it's microfinance, whether it's through financial literacy programs, Wall Street can be the engine that makes capital get to the people who need it.
The Microfinance segment is a challenging client servicing space and thus requires a great amount of dedication, integrity and teamwork.
Microfinance stands as one of the most promising and cost-effective tools in the fight against global poverty.
My future was planned before my birth. I was supposed to get married or be involved in the family business. But I was all about breaking barriers and started thinking out of the box when I was 13-14 years old. Finally, at 17, I floated my own Microfinance Institution (MFI) called Svatantra.
What attracted me towards microfinance is it's a very sustainable business, which has an impact on people's lives yet it can be very profitable. — © Ananya Birla
What attracted me towards microfinance is it's a very sustainable business, which has an impact on people's lives yet it can be very profitable.
Making loans and fighting poverty are normally two of the least glamorous pursuits around, but put the two together and you have an economic innovation that has become not just popular but downright chic. The innovation - microfinance - involves making small loans to poor entrepreneurs, usually in developing countries.
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