A major source of financing for the poor and no longer a niche industryOver the past four decades, microfinance—the provision of loans, savings, and insurance to small businesses and entrepreneurs shut out of traditional capital markets—has grown from a niche service in Bangladesh and a few other countries to a significant global source of financing. Some 200 million people globally now receive support from microfinance institutions, with most of the recipients in the developing world. In the beginning, much of the microfinance industry was managed by non-governmental organizations, but today the majority of these institutions are commercial and regulated by governments, and they provide safe places for the poor to save, as well as offering much-needed capital and other financial services.
Now out of infancy, the microfinance industry faces major challenges, including its ability to deal with mobile banking and other technology and concerns that some markets are now over-saturated with microfinance. How the industry deals with these and other challenges will determine whether it will continue to grow or will be subsumed within the larger global financial sector.
This book is based on the results of a workshop at Lehigh University among thirty-four leaders in the industry. The editors, working with contributions from more than a dozen leading authorities in the field, tell the important story of how microfinance developed, how it has met the needs of hundreds of millions of people, and they address key questions about how it can continue to meet those needs in the future.
- 493 pages
- English
- PDF
- Available on iOS & Android
eBook - PDF
The Future of Microfinance
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Table of contents
- Front Cover
- Title Page
- Copyright Information
- Table of Contents
- Foreword
- Preface
- Acknowledgments
- Abbreviations
- Introduction
- Section I: Background
- Section II: Where We Are Now-What is Needed in the Future
- Section III: The Challenge of Technology and New Product Innovation and Development
- Section IV: A Geographic Perspective
- Appendix: What the Data Tell Us
- Glossary
- Contributors
- Index
- Back Cover
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Yes, you can access The Future of Microfinance by Ira W. Lieberman,Paul DiLeo,Todd A. Watkins in PDF and/or ePUB format, as well as other popular books in Business & Business Development. We have over 1.5 million books available in our catalogue for you to explore.