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Article
17 November 2010

SKS Chairman Fights Loan Backlash [India]

Author: Paul Beckett, Wall Street Journal

Vikram Akula, chairman of SKS Microfinance, India's largest provider of tiny loans to the poor, called on regulators targeting the industry to focus on "rogue" actors and not destroy the whole industry with their clampdown...India's microfinance...

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Article
5 October 2010

Sun Co-Founder Uses Capitalism to Help Poor

Author: Vikas Bajaj, New York Times

Vinod Khosla, the billionaire venture capitalist and co-founder of Sun Microsystems, was already among the world’s richest men when he invested a few years ago in SKS Microfinance, a lender to poor women in India. But the roaring success of SKS’s...

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Article
15 November 2007

Lifeline for millions is a valuable asset class

Author: Richard Lapper & Amy Yee, Financial Times

[M]icrofinance has become an attractive proposition for conventional banks and investors…Private investment was initially channelled into specialist funds, often managed by banks, insurance companies and others as part of corporate social...

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Article
22 August 2006

India's Banks Are Big on Microfinance

Author: Nandini Lakshman, Business Week

Lending money to the poor has largely been the province of small operators, but major financial institutions are now starting to focus on it in a serious way... India's biggest commercial lenders, such as [ICICI,] HDFC and UTI banks, as well as the...

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Article
3 November 2005

SURVEY: MICROFINANCE - The hidden wealth of the poor - Financial services are at last spreading from the rich to the developing world—and even making money

Author: Tom Easton, Economist

What makes microfinance such an appealing idea is that it offers “hope to many poor people of improving their own situations through their own efforts,” says Stanley Fischer, former chief economist of the World Bank...Local banking giants that used to...

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Article
31 October 2005

Grameen Foundation USA Announces 2005 Microfinance Practitioners Awards Program

Author: Grameen Foundation USA

Two of the world’s leading microfinance institutions are the 2005 winners of Grameen Foundation USA’s (GFUSA) Microfinance Practitioner Awards. Swayam Krishi Sangam (SKS) of India will receive the Excellence Award and Fonkoze of Haiti will receive the...

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