Financial Services (105)
Finance fights poverty
Microcredit is the extension of very small loans (microloans) exclusively for women in poverty, with the goal of helping them cultivate business skills and entrepreneurship. Microcredit is a part of microfinace, which provides a wide range of financial services to the very poor.
Why it matters
Microcredit combines economically viable future growth for finance companies with a social benefit in the fight against poverty. Is this another example of how social causes can become an integral part of business practice?
‘Halkbank’ launched its "Reachable Bank24" project for people with physical disabilities. It allows customers to use the ATM machines on their own without needing any help. For example, visually challenged people can listen to the ATM machine talking to them through headphones.
For one month you can take an old bra to Intimissimi in exchange for a three Euro discount on any new bra. The second-hand bras will be recycled to make the shop’s insulation and sound absorbent panels.