New research published by Equitable Cambodia and LICADHO shows that school drop outs, child labor and forced land sales are among the consequences of excessive #microfinance borrowing in #Cambodia https://drdavidwhitehouse.substack.com/p/rising-cambodia-microfinance-npls

#Microfinance in #Cambodia. A new report from the human rights organisation LICADHO finds micro-loans in Kampong Speu province are associated with forced land sales, child labour.

https://www.licadho-cambodia.org/reports.php?perm=242

The World Bank's IFC has agreed to allow its ombudsman to investigate #microfinance lending practices in #cambodia which has one of the world's highest levels of microfinance debt.

I recap for Sasha Alyson's Karma Colonialism website. https://karmacolonialism.org/cambodias-microfinance-disaster/

This is why we can't have nice things 🙄 > What happened to the microfinance company Kiva?

https://www.technologyreview.com/2023/08/14/1077351/microfinance-money-making/ #microfinance

More on #microfinance in #Cambodia on my substack: https://drdavidwhitehouse.substack.com/p/cambodian-microfinances-high-repayment

#OnThisDay Mercedes-Benz was founded (1926).

Happy Birthday Bangladeshi #Economist Muhammad Yunus (1940). He received Nobel Peace Prize (2006) for founding the #GrameenBank and pioneering the concepts of #Microcredit and #Microfinance.

Happy Birthday Elon Musk (1971).

https://knowledgezone.co.in/news

The idea of a double bottom line in #microfinance is a fiction. The bottom line is that non-performing loans have to be kept down by any means possible, as shown by new research from W. Nathan Green et al in #Cambodia. I spoke to him for The Diplomat.

https://thediplomat.com/2023/06/cambodian-microfinances-high-repayment-rates-are-built-on-misery-research-finds/

Join us and the authors of our blog series "Indebting the Green Transition on 3 July to examine and discuss the multiple ways in which #debt and #climate change are intertwined, although often discussed separately
#greenbonds #microfinance #blendedfinance #greenfinance
https://www.eadi.org/news-2/default-2aa8cfff32

"Providing access to financial services may ensure that certain needs are met, but in what sense do they contribute to addressing the causes of vulnerability to climate emergency?", writes the author of our latest blog post on green #microfinance
http://www.developmentresearch.eu/?p=1523

Kiva is an easy way to make a real difference in someone's life. Will you join me in helping Funda in Tokat to pursue their dream?

https://www.kiva.org/invitedby/katie35451837/for/2567837?utm_source=t.co&utm_medium=social&utm_campaign=social_share_checkout_variant&utm_content=katie35451837 #microloan #kivalove via #Kiva

#Turkey
#MicroLoan
#MicroFinance

Le commerce équitable ne connaît pas la crise https://theconversation.com/le-commerce-equitable-ne-connait-pas-la-crise-205691 #économie #commerce #commerce_équitable #label #fairtrade #agriculture_biologique #microfinance #fairtrade_international #max_havelaar #1st_revue #0_archivebox #2nd_frm

RT @EIF_EU: New cooperation between @EIF_EU and Agricover Credit 🇷🇴 supports RON 45 million (€9.1 M) in financing for micro-businesses in #agriculture, boosting growth & helping young farmers in #Romania. Nurturing the future 👩‍🌾 https://www.eif.org/what_we_do/guarantees/news/2023/eif-and-agricover-credit-agree-to-ron-45-million-eur-9-1-million-in-financing-for-agri-business-micro-enterprises-in-romania.htm

#EaSI #RuralVisionEU #microfinance https://t.co/fRehII21kG https://t.co/jYW7QTnJzq

🐦🔗: https://n.respublicae.eu/EIB/status/1654400634966138881

Want an easy way to do some real good in the world? Join me on #kiva #microfinance https://www.kiva.org/invitedby/joel7474?utm_source=mobile_ios&utm_medium=referral&utm_campaign=social_share_checkout

Mariposa Group only needs 23 more people to lend $25 and they could be fully funded in a matter of hours! The loan is to purchase corrugated metal sheets and beams. Telma hopes to repair her roof with this investment and avoid damage caused by winter weather. Telma along with Yanira and Oseas make up the mutual aid group “MARIPOSA” [Butterfly]. All 3 are responsible people with a common goal of getting ahead. #elsalvador #microfinance #housing #shelter https://www.kiva.org/invitedby/dean6518/for/2534948

Only 4 hours left to fund this loan.

Kiva is an easy way to make a real difference in someone's life. Will you join me in helping Habakuki Group in BUKAVU to pursue their dream?

https://www.kiva.org/invitedby/katie35451837/for/2534310?utm_campaign=social_share_checkout_variant&utm_content=katie35451837&utm_source=t.co&utm_medium=social via #Kiva

#Congo
#MicroLoan
#MicroFinance

#Microfinance was once hailed as a miracle cure for poverty. And, done well, it can still play a role.

But the sector, like everything, is being financialized. Therefore, it is increasingly dominated by financial interests and that is having predictable, negative consequences.

Watch our mini-documentary 📺

https://lnkd.in/gFNvUPzs

#financialization #microcredit #alwaysawrongwaytodotherightthing

#Kiva is an easy way to make a real difference in someone's life. Will you join me in helping Sreymao in #Kampot to pursue their dream?

https://www.kiva.org/invitedby/katie35451837/for/2520499?utm_campaign=social_share_checkout_variant_scle_null&tm_content=katie35451837&utm_source=t.co&tm_medium=social
#Cambodia
#microloan
#microfinance

RT @PurpleShoots: Last month was our biggest ever for #smallloans - 13 across Wales and England including: a podcaster, vertical farmer, IT specialist, wood carver, hairdresser, barber, board game shop...#smallbusiness #LevellingUp #microfinance

🐦🔗: https://n.respublicae.eu/SyedKamall/status/1636893824558542848

@david_megginson Thanks for the recommendation! I see that #Poor Economics won many accolades in 2011 when it was published. #Microfinance & other innovations in emerging economies might now be useful for #FinancialInclusion in selectively-affluent ones. Has the book noticeably influenced policy anywhere in the G20, do you know?
@futurebird

In honour of International Women'sDay, I helped fund loans to 20 women around the world. Make a difference in the lives of women today by visiting @kiva.org. A small step can make a huge difference. #internationalwomensday #womensday #support #help #writingcommunity #microfinance