programs, and commercial banks like ABN AMRO, HSBC and Citicorp are rushing down-market, which could increase access to credit for the poor. Some 500 million poor worldwide have reportedly benefited from billion in micro-loans, which supporters want to ramp up to 0 billion. But its critics say there is no solid evidence that microfinance makes a difference, either in developing the economy or reducing poverty. … microfinance microcredit loans rural poverty women empowerment India …

greatest impact, as much of our funding as possible should be used for the communities in which we work. Therefore, donations to The SEM Fund go towards expanding our reach throughout Senegal and providing loans which once repaid will be loaned out again, thus creating a revolving loan fund. As part of our commitment to complete transparency, The SEM Fund has had its operational information and financial reports reviewed and published by the MIX Market, a third-party microfinance …