Over the past decade, microfinance has gradually evolved into the broader field of financial inclusion. But are these two terms interchangeable? Renée Chao-Beroff, Director of Pamiga, and Isabelle Guerin, a researcher at the Institute of Research for Development...
More than 10 years ago, Nobel Peace Prize Laureate Muhammad Yunus said “I firmly believe that we can create a poverty-free world if we collectively believe in it. In a poverty-free world, the only place you would be able to see poverty is in the poverty museums.”...
The Microfinance Barometer is celebrating its 10 year anniversary. A look back at the publication’s key themes over the last decade reveals an interesting dynamic. Many of the “hot topics” of the 2010’s, with the exception of digitalisation, could easily be placed in...
As a niche initially confined to distant geographies and populations unattended by the mainstream financial industry, the microfinance sector has since long embraced the issue of social performance. Promising the responsible inclusion of the excluded, and often...
In a context of renewed economic and social policies aimed at combatting poverty, the emergence of microcredit in the 1980s quickly sparked a lot of interest. Development stakeholders saw in this tool a means of reducing poverty by financially empowering the poorest...
Thirty years ago, when setting up the Association for the Right to Economic Initiative (ADIE) in France, Maria Nowak introduced in Europe an innovation that had already been successfully developed in Bangladesh by Professor Yunus: microcredit. ADIE’s goal is to grant...