Tag: poverty

TedTalks: Microfinance with Matthias Adler

Matthias Adler talks about microfinance and how the economy serves peoples’ needs, not the other way round. He holds a master’s degree in economics (University of Tübingen). After working with the German Foreign Ministry in various embassies in developing countries for six years, he works at KfW Entwicklungsbank as principal financial sector economist and microfinance specialist. Since 2007, he has been… Read more →

Four Big Questions You Should Ask about Microfinance

Since microfinance first came to the public’s attention in the 1980’s, the usual storyline has been that these funds have created and expanded an opportunity for underprivileged and under-resourced individuals to escape the cycle of poverty. While there has been a large amount of positive publicity for microfinance and its financial services for newly entrepreneurs, the social movement has also… Read more →

Is Microfinancing an Effective Strategy in Africa?

Many people in Africa, especially in sub-Saharan Africa, battle poverty on a daily basis. Even in wealthier African countries, the extreme dichotomy between the economical class structures is incredibly apparent that it has created a sad and appalling portrayal of the overall poverty figures for the entire continent. With many initiatives in tacked to alleviate the poverty problem in Africa,… Read more →