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Rajamma Pulls Out of Poverty and Opression

November 4, 2019 | Comments Off on Rajamma Pulls Out of Poverty and Opression

When The Bridge Foundation (TBF) found Rajamma in Karnataka, India, she was doing housework in upper-caste homes so she could feed her daughters the leftover scraps of food. She became so desperate that she borrowed money from a rich land owner. Unable to repay him, she was forced to send her daughters to work in …

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Muhammad Yunus

November 3, 2019 | Comments Off on Muhammad Yunus

I was not trained to understand self-help. I was trained, like all students of economics, to believe that all people, as they grow, should prepare themselves to get jobs at the job market. If you fail to get a job, you register yourself for government charity. But I could not hold on to these beliefs …

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Recovering Business with Microcredit in Bosnia

November 2, 2019 | Comments Off on Recovering Business with Microcredit in Bosnia

Esmira Mustafic, born in 1967, lived in Skelani, 45 km from Srebrenica with her two children (son, 12 and daughter, eight). During the war they escaped to Srebrenica, a safe heaven in a UN protected area. In 1995 Esmira and her children were transported to Tuzla. Her husband is missing. Esmira had some family members …

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About Microcredit

November 2, 2019 | Comments Off on About Microcredit

Microcredit is programs extending small loans, and other financial services such as savings, to very poor people for self-employment projects that generate income, allowing them to care for themselves and their families. La Maman Mole Motuke lived in a wrecked car in a suburb of Kinshasa, Zaire with her four children. If she could find …

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Ensuring Loan Repayment

November 1, 2019 | Comments Off on Ensuring Loan Repayment

Calmeadow, a Canadian non-profit specializing in microfinance, operates two loan funds in Canada and offers international consulting services for microcredit programs. In this section, Barbara Calvin discusses how CALMEADOW helped the Get Ahead Foundation in South Africa pull out of their repayment crisis. The Get Ahead Foundation introduced their solidarity group lending program in South …

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Payday Loan and Debt Consolidation in Texas

November 1, 2019 | Comments Off on Payday Loan and Debt Consolidation in Texas

Thousands of Texans struggle with payday loans every day. Debt consolidation is a solution. If you’re one of the thousands of Texans stuck in the rut of payday loan cycles, you’re not alone. The state of Texas has 1,675 storefront payday lenders, and Texans have paid over $1.2 billion in payday loan fees. Fortunately, there’s …

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Payday Loan Consolidation: A Way Out of PDL Debt

November 1, 2019 | Comments Off on Payday Loan Consolidation: A Way Out of PDL Debt

Stuck in a cycle of payday loans? Payday loan consolidation can help you reduce your overall debt and get back on the track to financial freedom. Payday loans may seem like a fast solution if you need quick cash, but the way they’re structured means a trap of high interest payments, harsh repayment terms, and …

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Alliance of Health and Microfinance

November 1, 2019 | Comments Off on Alliance of Health and Microfinance

The Health and Microfinance  Alliance, established by the Microcredit Summit Campaign and Freedom from Hunger, provides access to an international team of microfinance, health, and development practitioners, researchers and policy makers working with microfinance organizations around the world to implement and test innovative approaches to address poverty. Independently and collaboratively, the two organizations are working …

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Microcredit Borrower Stories

October 22, 2019 | Comments Off on Microcredit Borrower Stories

Read some of the inspiring true stories of microcredit borrowers from around the world… Ana Ruiz from Nicaragua Before receiving a $100 microloan to expand her tortilla business, Ana Ruiz of Nicaragua lived in a scrap wood shack with her eight children. She had no furniture except for her worktable and her children never had …

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PRESS INFORMATION

October 21, 2019 | Comments Off on PRESS INFORMATION

Press must register at regular registration, then check in at Press Room #2, second floor, Mezzanine.    Table of Contents:    See How Microcredit is Changing Africa  (For PDF version, click here).       What About the Other Africa?  (For PDF version, click here).       Microcredit Helps Ease the Burden of AIDS in Africa  (For PDF version, click here).       African Microenterprise AIDS Initiative  (For PDF version, click here).       Building …

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