Microfinance defies economic slowdown
Microfinance is one of the few sectors to have escaped the impact of the financial slowdown, according to a new report published this week.Unitus-Hewitt Microfinance Compensation & Benefits Survey found employee compensation in India-based microfinance institutions (MFIs) has held steady through the recession.Looking at employee compensation is a considered a reliable measure of how much [...]
Publ.Date : Tue, 08 Jun 2010 08:44:56 +0000

Triodos and Charity Bank on track for record lending
Mid-year figures from Charity Bank and Triodos Bank show both lenders are on track for a record year of lending.During the first six months of this year, Charity bank agreed £20.9 million of new loans. This is compared to a total of £22.9 million for the whole of 2009.Figures from Triodos show new lending [...]
Publ.Date : Tue, 20 Jul 2010 15:46:10 +0000

?Era of debt-fuelled consumerism over?
The era of debt-fuelled consumer spending is over, a financial expert has claimed, pointing out Britain’s consumer debts of nearly £1.5 trillion.Tim Moss, head of loans at moneysupermarket.com, seemed to be talking himself out of a job by claiming consumers can no longer afford to fund purchases on borrowed money.Consumers must face up to their [...]
Publ.Date : Wed, 14 Jul 2010 07:48:01 +0000