Exploring the Global Impact of Microfinance on Social and Environmental Fronts

In the ongoing narrative of financial inclusion, microfinance institutions (MFIs) continue to serve as catalysts for socio-economic empowerment worldwide. Witnessing a resurgence in performance since 2021, the sector has demonstrated resilience, boasting 156.1 million borrowers in 2022*. BNP Paribas, in its commitment to fostering financial inclusion dating back to the 1990s, supports 21 MFIs, as […]

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Is Microfinance Dead?

Microfinance, a beacon of hope for the financially underserved, has been a transformative force in global poverty alleviation. Originating as a novel concept to provide financial services to those outside the purview of traditional banking, microfinance has evolved into a vast and complex sector. This article delves into the current reality of microfinance, addressing a

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A Comprehensive Guide on How to Find the Right Supplier for Your Business

One of the critical factors that can significantly impact the success of a business is the choice of suppliers. Finding the right supplier is essential for ensuring a smooth and efficient supply chain, maintaining product quality, and ultimately satisfying customers. In this article, we will explore key steps and considerations to help businesses find the

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Mastering the Internship Hunt: A Strategic Guide to Finding the Perfect Internship

In today’s competitive job market, securing a meaningful internship has become a crucial stepping stone toward a successful career. Internships not only provide valuable hands-on experience but also offer an opportunity to explore one’s interests and build a professional network. However, finding the right internship can be a daunting task, especially for business students eager

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Understanding Microfinance’s Contextual Limitations

Microfinance’s Historic Evolution Microfinance, primarily aimed at offering financial assistance to the underserved, gained worldwide attention in the 1970s. Its essence was rooted in the belief that providing the poor access to credit would empower them to set up small businesses, leading to a sustainable escape from poverty. Muhammad Yunus, founder of Bangladesh’s Grameen Bank,

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Unlocking the Path to Financial Success: Setting Goals for Your Business

As a business owner, one of the keys to long-term success is setting and achieving financial goals. By establishing clear objectives, you can effectively manage your resources, plan for growth, and make informed decisions. In this guide, we will provide you with a comprehensive roadmap to set up business financial goals that align with your

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The Impact of Microfinance: Who is Eligible to Receive Microcredit?

Microfinance has been gaining popularity as an effective tool for financial inclusion and poverty alleviation. With over 1.7 billion people still unbanked worldwide, microfinance provides access to financial services to those who are excluded from the traditional banking system. But who exactly can benefit from microfinance, and how does it impact their lives? In this

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