About Microcredit

The micro-credit story in brief
Microcredit is a concept that evolved as early as the 18th century but gained momentum only after the establishment of the Grameen Bank in Bangladesh by ...
Fri, 25 Apr, 2014 at 7:08 PM
What is micro-credit?
Microcredit is a financial innovation that refers to various kinds of small loans and financial services meant for low income households. The borrowers of...
Wed, 9 Apr, 2014 at 2:23 PM
Why micro-credit?
When we look back into our own lives we realise that rough patches in business or education were easily overcome because of access to credit. We could wal...
Fri, 7 Feb, 2014 at 6:02 AM
How are 'micro-loans' used?
Micro-loans are meant to spur entrepreneurship and are mostly used to start or run a micro-enterprise like livestock rearing, tailoring, grocery store etc...
Wed, 27 Aug, 2014 at 11:32 AM
No-collateral! How is the payment secured or guaranteed?
The micro-credit industry currently has a repayment rate of 95-98% worldwide. This astounding success in repayment is attributed to the strong social c...
Tue, 15 Apr, 2014 at 2:19 AM
How Microcredit works
Microfinance Institutions borrow from banks. Loan disbursed to borrowers through field partner or a Microfinance Institution (MFI) Cost of bank loa...
Thu, 1 Dec, 2011 at 10:14 AM
External Links
Wikipedia - Microcredit Wikipedia - Microfinance Grameen Bank - What is Microcredit? Microfinance Gateway - What is Microfinance?
Thu, 17 Oct, 2013 at 1:29 PM