Category: SKImfi

  • Microfinance 101: What is it?

    Encyclopedia Britannica will tell you that microfinance is “a means of extending credit, usually in the form of small loans with no collateral, to nontraditional borrowers such as the poor in rural or undeveloped areas.” It was a concept institutionalized in 1976 by Bangladeshi economist Muhammad Yunus and adopted by SKI Charities founder, Shyam K. Iyer. Shyam…