Muhammad Yunus is that rare thing: a bona fide visionary. His dream is the total eradication of poverty from the world. In 1983, against the advice of banking and government officials, Yunus established Grameen, a bank devoted to providing the poorest of Bangladesh with minuscule loans. Grameen Bank...
Yunus, Muhammad 1940-
Nobel laureate Muhammad Yunus looks more deeply into the concept of social business, an alternative to unfettered capitalism that channels the best energies of capitalism while addressing pressing human needs, by showing how the theory and practice of this idea is growing in the business, academic a...
Robert Cull, Asli Demirgüç‐Kunt, Jonathan Morduch
In April 2007, Banco Compartamos of Mexico held a public offering of its stock in which insiders sold 30 percent of their holdings. The sale was over-subscribed by 13 times, and Compartamos was soon worth $1.6 billion (for details of the story, see Rosenberg, 2007; Malkin, 2008; Accion International...
Abdul Aziz, Umma Naima
A growing body of literature is advancing the impact of financial inclusion and digital finance on marginalized populations. However, mainstream scholarship has not focused on understanding the potential drivers and challenges of digital approaches to financial inclusion. This study aims to investig...
Morshadul Hasan, Thi Le, Ariful Hoque
Abstract Inclusive finance is a core concept of finance that makes various financial products and services accessible and affordable to all individuals and businesses, especially those excluded from the formal financial system. One of the leading forces affecting people's ability to access financial...
Milford Bateman, Ha‐Joon Chang
The contemporary model of microfinance has its roots in a small local experiment in Bangladesh in the early 1970s undertaken by Dr Muhammad Yunus, the US-educated Bangladeshi economist and future 2006 Nobel Peace Prize co-recipient. Yunus’s idea of supporting tiny informal microenterprises and selfe...
Md. Akram Hossain, Rui Quaresma, Habibur Rahman
Electronic Health Record (EHR) can promote awareness or knowledge about healthcare among patients and healthcare professionals to improve collaboration between different governmental bodies, and enhance healthcare quality. The aim of the study is to identify the critical farctors affecting the physi...
Susanna Khavul
Microfinance is an emerging phenomenon that opens access to capital for individuals previously shut out from financial services. In its direct engagement with the poor, microfinance represents a new way for financial capital to potentially stimulate economic growth in developing countries. However, ...
Habib Ahmed
While conventional microfinance institutions (MFIs) have expanded their operations in the last two decades, poverty-focused MFIs based on Islamic principles are lagging behind. This paper provides the theoretical basis, operational framework, and empirical support for the establishment of Islamic MF...
Chen Yan, Abu Bakkar Siddik, Nazma Akter, Qianli Dong
Access to financial services is regarded as one of the most pressing issues confronting communities worldwide sequel to the COVID-19 pandemic. In this regard, FinTech applications such as mobile financial service (MFS) play an essential role in building resilience during the pandemic. Hence, the aim...
Abu Bakkar Siddik, Md Nafizur Rahman, Yong Li
Rajdeep Sengupta, Craig P. Aubuchon
The Nobel Prize committee awarded the 2006 Nobel Peace Prize to Muhammad Yunus and the Grameen Bank “for their efforts to create economic and social development from below.” The microfinance revolution has come a long way since Yunus first provided financing to the poor in Bangladesh.
Md. Shamim Talukder, Liang Shen, Md Farid Talukder, Yukun Bao
Despite the benefits of transparency, accountability, and participation of open government data (OGD), low acceptance and use of OGD have been observed. However, the acceptance and use of OGD has not been adequately addressed in existing literature. Therefore, this study aimed to synthesize the stre...
Richard L. Meyer
Major investments have been made in developing microfinance in Asia with reducing poverty as one of the frequently stated objectives. A variety of institutional forms of microfinance are being introduced in the region including by the ADBand financial institutions pursue different objectives, so it...
Melissa S. Cardon, Cheryl Mitteness, Richard Sudek
Angel investors often make investment decisions based on motivational cues communicated during pitches—including enthusiasm, preparedness, and commitment—to evaluate potentially important qualities of entrepreneurs. We tested the independent and interaction effects of these cues by having 72 angels ...