Monthly Archives: July 2013

What’s a CDFI?

According to CDFI Fund (U.S. Department of Treasury)  a certified Community Development Financial Institution (CDFI) is a specialized financial institution that works in market niches that are underserved by traditional financial institutions. CDFIs provide a unique range of financial products ...
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Key principles of microfinance

Key principles of microfinance were developed in 2004 by ConsultativeGroup to Assist the Poor (CGAP) and endorsed by the leaders at the G8 Summit onJune 10th, 2004. Among the key principles, are the following: – Poor people need a variety of financial services, not just loans. – Microfin...
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