3 billion people in the world today do not
have access to formal financial services. This represents a
pressing problem for humanity, since the lack of access to
credit is a significant cause of poverty. While microfinance
has largely been successful in providing the poor with
access to credit through microlending, the microfinance
sector today suffers from a severe lack of funding. To
increase and diversify its funding, the microfinance sector
needs to access mainstream capital markets through
...