The 4 Traps: 1. Conflict Causes Low income Slow growth‚ stagnation‚ or even decline Dependence on primary commodity exports (oil‚ diamonds) Geography (huge with dispersed population‚ mountainous‚ Nepal is a good example) Prior history Costs/Consequences Lasts more than 5 years‚ on average 15% poorer Military spending - $64 billion Social costs: Deaths Diseases Deterioration in political rights Legacy of organized killing - cheap guns‚ number of homicides Refugees → costs beyond frontiers (epidemics
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capital and they want to alleviate poverty. 2. People can choose a borrower via a microfinance institution‚ then get updates of progress of loan (repayments)‚ and then people can withdraw the money and make out another loan if wanted. 3. Kiva serves The United States‚ Mexico‚ Central America‚ Part of South America‚ Subsaharan Africa‚ and some Middle East/Asian countries. 4. KIVA is about microfinance and taking people out of poverty and not limiting economic development due to not having
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Microfinance Banking in Nigeria: Problems and Prospects • [pic]Abstract • [pic]Reference • [pic]Full-Text PDF • [pic]Full-Text HTML Acha Ikechukwu A. Department of Banking and Finance‚ University of Uyo‚ AkwaIbom State‚ Nigeria Correspondence to: Acha Ikechukwu A. ‚ Department of Banking and Finance‚ University of Uyo‚ AkwaIbom State‚ Nigeria. |Email: |[pic] | Copyright © 2012 Scientific & Academic Publishing. All Rights Reserved
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I- Context and issues More than 4 billion people around the world are deprived of access to decent accommodation‚ including 150 million in developed countries. In India alone 500 million people want and need better housing‚ 400 million of these are rural dwellers and 100 million live in the slums of India. There is an urgent need for all stakeholders to work towards creating solutions which can improve the living standards of a this large percentage of the population both in rural and urban settings
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Financial Institution in Bangladesh The financial system in Bangladesh includes Bangladesh Bank (the Central Bank)‚ scheduled banks‚ non-bank financial institutions‚ microfinance institutions (MFIs)‚ insurance companies‚ co-operative banks‚ credit rating agencies and stock exchange. Among scheduled banks there are 4 nationalized commercial banks (NCBs)‚ 5 state-owned specialized banks (SBs)‚ 30 domestic private commercial banks (PCBs)‚ 9 foreign commercial banks (FCBs) and 29 nonblank financial
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Microfinance banks: DEFINITION: Microfinance institutions offer important functions to the people‚ who are not able to meet the eligibility criteria of commercial banks. On elementary basis‚ it offers an opportunity to get cheap capital. Microfinance institutions exist to alleviate poverty. They do so by making loans with relatively low interest rates to people who are not able to access more traditional forms of financing. Services: Since its early days‚ the microfinance industry has grown
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MANAGEMENT OF SMALL SCALE INDUSTRIES SYBMS A CONTENTS:- SMALL SCALE INDUSTRIES SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA (SIDBI) SSI 1: TAJ PAPER BOX SSI 2: NATIONAL DIARY SMALL SCALE INDUSTRIES An industrial undertaking in which the investment in fixed assets in plant and machinery whether held on ownership terms on lease or on hire purchase does not exceed Rs 10 million is defined as a small scale industry or an SSI. There are different categories of industries that qualify
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established by Muhammad Yunus‚ the godfather of microcredit‚ is to eliminate poverty by means of giving all the opportunity to be self-sustaining with long term solutions. The principle of micro financing is the mutual benefit of relationship between microfinance institutions and the improverished‚ however one must note that there is a distinct difference in the for-profit and not-for-profit lenders moral standing when regarding profits. For-profit micro lenders maxmize shareholder wealth while non-profits
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the Philippines Introduction Micro enterprise financing‚ or the provision of access to micro entrepreneurs of small-scale loans and other financing-related services has been widely credited as a sustainable tool for reducing poverty. The microfinance movement‚ which the Grameen Bank started and pioneered in Bangladesh during the 1980s‚ has been replicated in other parts of the world‚ including the Philippines. However‚ while many studies indicate that the impact of micro enterprise financing
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EREPLICATION: IS THE SEARCH FOR BEST MODELS IN MICROFINANCE INHIBITING INNOVATION AND INSTITUTIONAL LEARNING? A Thesis submitted to the Faculty of the Graduate School of Arts and Sciences of Georgetown University in partial fulfillment of the requirements for the degree of Master of Arts in Development Management and Public Policy By Lisa Anne Stein‚ M.A. Washington‚ DC April 14‚ 2008 REPLICATION: Is the search for best models in microfinance inhibiting innovation and institutional learning
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