Micro Finance Institutions

GPTKB entity

Statements (49)
Predicate Object
gptkbp:instanceOf gptkb:financial_services_company
gptkbp:aimsTo promote financial inclusion
gptkbp:alsoKnownAs gptkb:MFIs
gptkbp:contributedTo economic development
poverty alleviation
gptkbp:faced credit risk
high operational costs
over-indebtedness issues
repayment challenges
gptkbp:focusesOn financial sustainability
https://www.w3.org/2000/01/rdf-schema#label Micro Finance Institutions
gptkbp:mayInclude non-profit
for-profit
gptkbp:mayReceive government support
donor funding
impact investment
gptkbp:notableExample gptkb:SKS_Microfinance
gptkb:Grameen_Bank
gptkb:Bandhan_Bank
gptkbp:offers gptkb:insurance
remittance services
savings accounts
business development services
financial literacy training
gptkbp:operatesIn developing countries
gptkbp:originatedIn 1970s
gptkbp:provides financial services
microloans
gptkbp:regulates national financial authorities
gptkbp:sometimesBelongTo microfinance networks
gptkbp:sometimesCharge higher interest rates than banks
gptkbp:sometimesCollect social performance data
gptkbp:sometimesPartnerWith gptkb:government_agency
gptkb:NGOs
commercial banks
gptkbp:sometimesReportTo gptkb:Microfinance_Information_Exchange_(MIX)
gptkbp:sometimesUse mobile banking
digital platforms
group lending model
individual lending model
gptkbp:subject regulatory oversight
interest rate caps
microfinance regulations
gptkbp:supports small businesses
women empowerment
gptkbp:target low-income individuals
micro-entrepreneurs
gptkbp:bfsParent gptkb:NBFCs
gptkbp:bfsLayer 6