microfinance

Microfinance
related: sustainability, finance, envia editing: [|Oaxaca]

Fundacion En Via is a non-profit microfinance organization based at the Instituto Cultural Oaxaca at Avenida Juarez #909, Oaxaca de Juárez, Oaxaca. This operation runs socially responsible day-long tours to nearby pueblos where participants get to meet women living in the town who are applying for micro-loans. Participants learn about the town, and the women's lives and businesses. At the end of the tour, 100% of the tour fee goes as an interest-free microloan to the people visited.

Elsewhere on the Web
http://www.thetravelword.com/2013/01/21/ways-to-turn-travel-cash-into-microcredit/ Banks Making Big Profits From Tiny Loans [|Does Microfinance for Profit Hurt Women?] The Ugly Side of Microlending: How big Mexican banks profit as many poor borrowers get trapped in a maze of debt [|‘Portal de Microfinanzas’ Shares Unique Mix of Resources in Spanish] Microfinance Gateway [|Creating Community Through Volunteering in Oaxaca, Mexico - Travel Word]

Suggested Books
__Banker To The Poor: Micro-Lending and the Battle Against World Poverty__, Muhammad Yunus __Creating a World Without Poverty: Social Business and the Future of Capitalism__, Muhammad Yunus __The Price of a Dream: The Story of the Grameen Bank__, David Bornstein [|The Economics of Microfinance By Beatriz Armendáriz de Aghion, Beatriz Armendáriz, Jonathan Morduch]

Recommended Listening
[|Microfinance disappoints] Microfinance sounds like such a good idea. Indeed the idea is so good that the two men who came up with it were awarded the 2006 Nobel Peace Prize. But what’s the reality compared to the idea ?