Microfinance Institutions Quotes

A number of non-banking finance companies have entered the rural microcredit market. Many microcredit agencies have been charging interest rates not very dissimilar to those charged by moneylenders. Borrowing then becomes more to meet pressing consumption needs, rather than for farming or small-scale enterprises.

Microcredit is about giving hope.

Where micro-finance focuses on small loans to individual, low-income women, think of Acumen Fund more like a venture capital fund.

Microfinance is an incredibly powerful tool ... but we must move beyond micro-hopes and micro-ambitions for women.

When combined with information and communication technologies, microcredit can unleash new opportunities for the world's poorest entrepreneurs and thereby revitalize the village economies they serve.

If you do microcredit with men, they tend to quickly drink it. They don't pay you back.

What attracted me towards microfinance is it's a very sustainable business, which has an impact on people's lives yet it can be very profitable.

The moment you say microfinance everybody wants to help you.