Ad
related to: microcredit regulatory authority wikipedia today show youtube
Search results
Results From The WOW.Com Content Network
Microcredit Regulatory Authority (MRA) is the central body to monitor and supervise microfinance operations of non-governmental organizations of the Republic of Bangladesh. It was created by the Government of People's Republic of Bangladesh under the Microcredit Regulatory Authority Act (Act no. 32 of 2006).
Microcredit is the extension of very small loans (microloans) to impoverished borrowers who typically lack collateral, steady employment, and a verifiable credit history. It is designed to support entrepreneurship and alleviate poverty.
The sectors have been categorized in accordance with their degree of regulation. The formal sector includes all regulated institutions like banks, non-bank financial institutions (FIs), insurance companies, capital market Intermediaries like brokerage houses, merchant banks etc.; micro finance institutions (MFIs).
Mailing Operator and Courier Services Licensing Authority; Microcredit Regulatory Authority; Minister of Shipping (Bangladesh) Ministry of Housing and Public Works; Ministry of Road Transport and Bridges; Ministry of Shipping (Bangladesh)
The Government agencies in Bangladesh are state controlled organizations that act independently to carry out the policies of the Government of Bangladesh.The Government Ministries are relatively small and merely policy-making organizations, allowed to control agencies by policy decisions.
FINCA International is a non-profit, microfinance organization, founded by John Hatch in 1984. [1] FINCA is the innovator of the village banking methodology in microcredit and is widely regarded as one of the pioneers of modern-day microfinance. [2]
Some people, including microfinance pioneer Muhammad Yunus, argue that the interest rates of many microcredit institutions are unreasonably high. In his 2007 book he argues that microfinance institutions that charge more than 15% above their long-term operating costs should face penalties.
Main page; Contents; Current events; Random article; About Wikipedia; Contact us