Founded in the mid 1970s, provided microfinance to help very small loans to poor families, they start and / or expand small businesses. Thirty years later, the practice of more than 80 million people, themselves out of extreme poverty and raised in a global industry from more than 3,000 microfinance institutions there had. Early pioneers of microfinance, as Muhmmad Yunnus of Grameen Bank, had the kind of celebrities, receiving scores of humanitarian awards, including 2006 N. .. Read more »

Founded in the mid 1970s, provided microfinance to help very small loans to poor families, they start and / or expand small businesses. Thirty years later, the practice of more than 80 million people, themselves out of extreme poverty and raised in a global industry from more than 3,000 microfinance institutions there had. Early pioneers of microfinance, as Muhmmad Yunnus of Grameen Bank, had the kind of celebrities, receiving scores of humanitarian awards, including the Nobel Peace Prize in 2006. Even the microfinance movement itself was so well known that it Comments mainstream culture icons such as Bono, lead singer of the band U2, who said invited: “Give a man a fish, will he for a day to eat a send women microcredit. is she, her husband, her children and her extended family for a lifetime to eat. “Despite these awards, believed Geoff Davis and Mike Murray, that while microfinance was an important social innovation, it became dramatically worse than in relation to their potential because it had not yet to achieve an adequate scale. She pointed out, less than 20% of the world demand for microfinance has been met. Murray stated: “Normally, an industry that had such momentum would have been closed down.” Inspired by their vision of microfinance’s potential, they founded Unitus, Inc., a nonprofit focused on accelerating the growth of the microfinance industry, so much greater number of people access to the capital they needed to generate an income could win, raise their standard of living and meet their basic needs. Examines dynamics in the microfinance industry, the Unitus describes business model and is an important decision for the company: whether the amount of capital he extend offer its microfinance partners by creating a debt or equity funds

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from
James A. Phills
Source: Stanford Graduate School of Business
40 pages.
Publication Date: Feb 28, 2007. Prod #: SI87A-PDF-ENG
Unitus (A): Microfinance 2.0 – Reinventing an industry HBR case solution

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