in Microfinance & Microcredit
providing financial services
to poor individuals, households, and communities by delivering financial
services on the "micro" level as a means to promote economic development
(e.g. very small loans, savings accounts for small deposits, etc.).
Microfinance institutions ( MFIs ) are active mostly in the developing
world, although some have established themselves in the U.S. and
Europe . Opportunities for MBAs are most plentiful at such domestic
organizations, and at the management level within international
development agencies, donor agencies, and policy / advocacy groups.
interesting web sites:
Gateway (includes Job Board) - http://www.microfinancegateway.org/
USA - http://www.accionusa.org
- ACCION USA makes small business loans to people who need them.
Part of of the U.S. ACCION Network, which has loaned almost $150
million to more than 15,000 entrepreneurs since 1991. Loans range
from $500 to $25,000 and serve as a vital resource for small businesses
and entrepreneurs throughout the United States who may not have
access to traditional bank credit. Part of Acction International
- see http://www.accion.org/about_where_we_work.asp
- Article in Wikipedia on microcredit .
- International Year of Microcredit (2005) website
- Book - Replicating Microfinance in the United States - available
Association of Enterprise Opportunity - http://www.microenterpriseworks.org/
- the first member-based Microfinance trade organization in
the United States
http://www.microcapital.org - Microcapital - on Microfinance and Microcredit Investment
- list of links to various web sites addressing topics related
to Microfinance & Microcredit
http://www.grameenfoundation.org/ - Grameen Foundation - Grameen Foundation's mission is to empower the world's poorest people to lift themselves out of poverty with dignity through access to financial services and to information.