| dc.description.abstract | To advance democracy and human rights by means of operating Microfinance services, Muhammad Yunus, the laureate of 2006’s Nobel Peace Prize, “has shown himself to be a leader who has managed to translate visions into practical action for the benefit of millions of people, not only in Bangladesh, but also in many other countries.” Yunus has put this right and potential into reality for the unprivileged underclass including those who are paid less than 2 dollars per day. Moreover, Microfinance now becomes a promising approach in dealing with the problem of poverty.
Microfinance industry has, directly or indirectly, provided the unprivileged poor with certain financing services in many ways. In order for Microfinance to be operative, several organizations would thus be indispensable. We examined different types of organizations needed for Microfinance. On the other hand, we investigated into other related issues such as clients of Microfinance, Microfinance Institutions (MFIs), Microfinance Investment Vehicles (MIVs), and their origins and developments with a view to demonstrating how MIVs establishes a sustainable financing basis and accomplishes its obligations for social justice and environmental protection. For all our concerns, we thus took Dexia Micro-Credit Fund (a branch of Blueorchard Funds Co.) as a case study. As the study proceeds, we hope to bring into view more insights about Microfinance for which more human resources of finance expertise make an effort to improve the industry and help the poverty-inflicted out of their troubles.
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