The Microfinance Forum
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Alex Simon
- Male
- Washington, DC
- United States
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Alex Simon's Groups
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Nairobi 2010
50 members
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Dvelo.org
18 members
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Students 4 Sustainability
24 members
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Turn Phones Into Loans
18 members
Alex Simon's Discussions
Kenya Follow-Up
25 Replies
Started this discussion. Last reply by Sophia Dawkins Feb 22.
Changes in the Microfinance Industry?
25 Replies
Started this discussion. Last reply by Sophia Dawkins Feb 22.
Alex Simon's Page
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Latest Activity
I am fortunate to be part of a group of student volunteers who support a micro-savings initiative that I helped launch. This initiative works through the Kibera School of Hope in the Kibera slum of Nairobi to integrate community savings groups for s…
I hold the adamant belief that people cannot empower other individuals; people can only empower themselves. One aspect of microfinance programming that development interventions under-emphasize is the power of microsavings groups to sow the seeds of…
1. Shift towards sustainability, for-profit model
Microfinance is currently only serving a tiny fraction of the the world's people with no access to capital. Given the number of such people, profitable microfinance would have dramatic room for grow…
As staff on the Client Services department, staff on the Finance department and Webmaster of Yale's Elmseed Enterprise Fund, I have been able to see the challenges of our local organization through a multitude of perspectives. The first level of a s…
I will share the ideas with members of Microfinance group in college and we will develop modules on how this could be applied in different scenarios/communities we being the front runners.
There is increasing press surrounding the idea that microfinance keeps individuals in poverty because of the exorbitant interest rates. I think this factor has to be weighed against the idea of self-sustainability within MFIs. I think the irony that…
I would like to see decreased costs of lending accompanied by increased number of lendees.
Though I am somewhat of a newcomer to the practice of microfinance, it is obvious that it is far from perfect or the cure-all that many assume it to be. That being said, the potential of microfinance to revolutionize the way development and foreign…
Given my preliminary exploration in the microfinance sector, I’m proposing the following future changes in the microfinance industry.
1. More effective, integrated, and innovative mechanisms of microfinance services
A growing number of scholars con…
Attending the 2010 Africa/Middle East Regional Microcredit Summit will definitely be a valuable experience in my life, and I’m planning on applying what I learn at the Summit to my local campus, my internship, and my career path through the followin…
Microfinance has done a lot of good for many developing areas of the world, but in my opinion it has the potential to do much, much more. The problem is that to reach that potential it must have support. Obviously, support will come with increased a…
Knowledge is power. That is definitely a cliché, but then again, clichés exist and persevere for a reason. The main reason I plan to attend the summit is to gain knowledge and vicariously benefit from others’ experiences with microfinance schemes. I…
Microfinance has shown a lot of promise. We've all heard the statistics and success stories. From what I have learned, there a few things that I think would help microfinance move forward.
1) Continue developing holistic banking services. It is app…
Hey Lisa,
I saw the post about the Women in Microfinance event in LA. My school (Chapman University) is in Orange County, and some of our Campus Kiva chapter members might like to organize a field trip to attend. I checked your link but didn't see…
As a junior currently taking a microfinance class at my university, I am in a unique position to encourage discussion about microfinance and "stirring the pot" on campus. My school, Seattle Pacific University, is in a really cool stage in that there…
Profile Information
- What is the name of your company, organization, or school?
- Students 4 Sustainability
- What is your job function?
- President
- How did you find out about the Microfinance Network?
- Sam Adelsberg
- What is your alma mater?
- GWU
- What is your website?
- http://www.s4sgw.org
- Why are you here?
- I'm interested/involved in microlending.
- What are you currently working on?
- Developing Students 4 Sustainability, which provides marketplaces and microloans to entrepreneurs in the developing world.
Alex Simon's Blog
Grameen Foundation Ingenuity Fund Challenge!
"Every day, women around the world living on less than $1 a day combine ingenuity, creativity and hard work to make ends meet. Now is your chance to show your own ingenuity, and have the chance to win a trip overseas for you and a guest to be a part of Grameen Foundation’s innovative delivery of microfinance and technology services to the world’s poorest.
The Ingenuity Fund Challenge is a way for you to make an impact on ending the cycle of poverty faced by millions around the world by tapping… Continue
The Ingenuity Fund Challenge is a way for you to make an impact on ending the cycle of poverty faced by millions around the world by tapping… Continue
Posted on November 25, 2009 at 1:18pm —
Comment Wall (4 comments)
- At 10:41am on September 1, 2009,
Narendran said… - Hi alex
Good to see ur profile. would like to network with u to explore ur lending in India.. Looking forward to ur colloboration
mail me at narendran31@gmail.com
cheers
- At 2:54pm on October 13, 2009,
Devon Fisher said…
- Hey Alex,
I see that you are the President of the group Students for Sustainability. Oikocredit is hosting a Microfinance workshop on October 24 at the Western Presbyterian Church. It is very close to your campus. Would you be interested in sharing this information with your group?
Let me know and Ill send you an invitation. send me your email and I can forward it to you. Thanks!
- At 1:51pm on October 14, 2009,
- Thats great! See you there. :)
- At 2:01pm on January 8, 2010,
Erick Barrios said…
- Hi Alex, Patty forwarded your invitation to this forum to me. How have you been? Are you entering your third year at the university? I'm entering my thrid year at Safe Passage. This year I'm getting involved with fund raising. I was maybe thinking you or your Dad could help me with an fund raising at your school, community, or maybe bringing LiZ Murray back to GUATEMALA. Hope to talk to you soon. Fuerte abrazo!!!
Latest Activity
In the main thread - Rick asked about men in microcredit.
"There seems to be a bias against the men because they do not have jobs. Can't the husbands contribute to the family by helping the wife harvest raw materials, or do the same tasks and his…
Based on Ron's suggesting that we stay focused on Grameen and Yunus at least through the next couple of weeks - I will wait until then to pick up the discussion on interest rates of Type 2 Microfinance institutions. Yunus strongly supports Type 1 MF…
HI. Just finished 4 chapters of the book. here are my thoughts to some ideas you all have talked about
Cultural insider vs. outsider
Local knowledge is imperative because any microfinance model needs to be customized for different socio-economic co…
Groups
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Microfinance: A Self-Gui…
30 members
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Two Dollar Challenge
13 members
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La Ceiba
10 members
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