GLOBE, a student-managed academic program at St. John’s University, the Peter J. Tobin College of Business, provides loans to entrepreneurs in the developing world. Through GLOBE, students are educated about the world of microfinance while helping the impoverished help themselves and their families out of poverty. Students say: “We are committed to building a global community that is going to contribute to the goal of eradicating poverty within our lifetime."
Friday, November 19, 2010
G-20 summit on Microfinance
Sunday, November 7, 2010
World Microfinance News
On November 5 2010, The Andhra Pradesh government published a new guideline for the state’s micro-finance institutions. This new regulation requires that all MFI register with authorities in order to operate. Failure to comply can result in jail time and fines. In the case of multiple loans by a single borrower, the Registration Authorities assess the ability of the borrower to make repayments before approving the loan.
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