Download or read book The Triangle of Microfinance written by Manfred Zeller and published by Intl Food Policy Res Inst. This book was released on 2002-01-01 with total page 426 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the 1980s when the microfinance revolution began, much has been accomplished, but the field became more refined in the 1990s as a result of shifts in paradigms, strategies, and development practices. This volume addresses the three policy objectives that now occupy those who wish to use credit as a development tool: financial sustainability of microfinance institutions, outreach to the poor, and welfare impact. Inevitable tradeoffs exist among these objectives, and the book advances an analytical framework that assists students of and experts in microfinance to identify the tradeoffs and synergies at the institutional level and in the policy environment. The book features a wealth of empirical data and innovative analytical studies, and critically discusses the role of public support for microfinance institutions (MFIs) in light of the social costs and benefits generated by such financial systems. The book is organized into five parts. The first discusses the demand for and access to financial services by the poor, emphasizing that demand-oriented, pro-poor financial services are crucial in reaching the poor. The second is concerned with two of the criteria used to evaluate MFIsoutreach and financial sustainability. The third features innovative econometric studies seeking to evaluate the impact of MFIs at the household level. The fourth looks at the role of both public- and private-sector institutions in developing sustainable financial systems. And the fifth summarizes implications for policy and research. Given the lack of sound, empirical literature on microfinance, this volume is sure to advance knowledge and research methodology in the field.
Download or read book Building an Entrepreneurial and Sustainable Society written by Hernández-Sánchez, Brizeida R. and published by IGI Global. This book was released on 2020-03-27 with total page 369 pages. Available in PDF, EPUB and Kindle. Book excerpt: As the global economy continues to evolve, the idea of sustainability has become a prevalent area of concentration. Businesses are searching for more environmentally and socially conscious practices as the market distances itself from the industrial age. Implementing sustainable initiatives starts with entrepreneurs, as these individuals are the foundation for creating and building profitable societies. Understanding the practice of sustainable entrepreneurship is pivotal in predicting future trends in business and the economy. Building an Entrepreneurial and Sustainable Society provides emerging research exploring the theoretical and practical aspects of sustainability within entrepreneurship and its applications in modern socioeconomics. Featuring coverage on a broad range of topics such as public policies, internationalization, and social innovation, this book is ideally designed for entrepreneurs, business specialists, professionals, researchers, managers, economists, educators, scholars, and students seeking current research on the evolution of sustainable entrepreneurship and its contextual factors.
Download or read book Microfinance and Public Policy written by Bernd Balkenhol and published by Palgrave Macmillan. This book was released on 2007-12-15 with total page 194 pages. Available in PDF, EPUB and Kindle. Book excerpt: Microfinance institutions (MFIs) provide a public good: they provide income-creating financial services to un-bankable people. If MFIs create and deepen markets where none existed before, there may be a case for public support. While subsidies are generally not favorably seen in financial sector development, being difficult to target and possibly distorting the local financial market, there may be situations where the net social benefits of micro-finance may exceed those of not doing anything and of alternative anti-poverty programs. Under such circumstances longer-term public support may be justifiable. This book is based on a study of forty-five MFIs carried out by ILO, in partnership with the Universities of Geneva and Cambridge. The application of factor analysis and cluster analysis shows that MFIs form clusters in terms of social and performance. Within each cluster there is one institution that is most efficient on both scores. Public support should ensure that the relative efficiency of MFIs is enhanced, it should not prod MFIs to modify their mission and position between poverty outreach and profitability.
Download or read book Microfinance and Public Policy written by B. Balkenhol and published by Springer. This book was released on 2007-11-16 with total page 280 pages. Available in PDF, EPUB and Kindle. Book excerpt: Microfinance institutions (MFIs) provide a public good; if MFIs create and deepen markets where none existed before, there may be a case for public support. This book is based on a study of 45 MFIs, and applies factor analysis and cluster analysis to show that MFIs form clusters in terms of social and financial performance.
Download or read book Financial Performance and Outreach written by Robert J. Cull and published by World Bank Publications. This book was released on 2006 with total page 51 pages. Available in PDF, EPUB and Kindle. Book excerpt: Microfinance contracts have proven able to secure high rates of loan repayment in the face of limited liability and information asymmetries, but high repayment rates have not translated easily into profits for most microbanks. Profitability, though, is at the heart of the promise that microfinance can deliver poverty reduction while not relying on ongoing subsidy. The authors examine why this promise remains unmet for most institutions. Using a data set with unusually high quality financial information on 124 institutions in 49 countries, they explore the patterns of profitability, loan repayment, and cost reduction. The authors find that institutional design and orientation matter substantially. Lenders that do not use group-based methods to overcome incentive problems experience weaker portfolio quality and lower profit rates when interest rates are raised substantially. For these individual-based lenders, one key to achieving profitability is investing more heavily in staff costs-a finding consistent with the economics of information but contrary to the conventional wisdom that profitability is largely a function of minimizing cost.
Download or read book Microfinance written by Gianfranco A. Vento and published by Springer. This book was released on 2006-07-25 with total page 195 pages. Available in PDF, EPUB and Kindle. Book excerpt: Microfinance is a comprehensive analysis of the operational, managerial and financial aspects of microfinance. The text provides a contemporary analysis of microfinance business covering the risks, returns and management issues associated with such activity. It analyzes the main products and services available in modern microfinance and explains how to manage the financial and non financial risks involved. The book also provides a performance and monitoring model for microfinance programmes and describes how microfinance can be regulated.
Download or read book Mibanco Peru written by Nimal Fernando and published by Asian Development Bank. This book was released on 2003 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt: This systematic analysis of the lessons learned at Mibanco--a micro-finance bank in Peru designed to provide sophisticated banking services to poor and low-income households--provides an example for microfinance banks in Asia. Mibanco's successes, which managed to blend aid to large segments of society that badly needed financial services with profitability--are potentially very instructive for an Asian private sector that has not yet been convinced of the profitability of microfinance banks. Among the lessons highlighted for microfinance banks and economic scholars is the usefulness of balancing rural investment and aid with delivering services to urban regions.
Download or read book Microfinance 3 0 written by Doris Köhn and published by Springer. This book was released on 2013-12-02 with total page 207 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book focuses on the achievements, current trends and further potential of microfinance to scale-up and serve many more clients with financial services that enable them to improve their living conditions. The book asks what it takes to achieve sustainable impact: to know your clients and to understand their needs, to treat them in a fair and transparent way, and to safeguard the synthesis between the financial and social dimension of sustainable microfinance. The book also sheds light on the future funding landscape and what is necessary to bring more commercial funders on board while ensuring that these new funders will continue the commitment to responsible finance. While being forward looking, the book reflects the debate on core values of microfinance, triggered by recent criticisms of an approach that was hailed as a panacea in the beginning and which had proved over time as one of the most effective models of development finance. These criticisms emerged over signs of overheating in some markets, particularly the 2010 events in Andhra Pradesh, and turned into an assumption of a worldwide microfinance crisis, putting seriously at stake the good reputation microfinance had enjoyed so far.
Download or read book Impact Measurement of Microfinance Outreach written by Van Duong Ha and published by . This book was released on 2020-05-29 with total page 112 pages. Available in PDF, EPUB and Kindle. Book excerpt: Microfinance outreach is a mission that encompasses all operations of microfinance institutions, it is an important goal to achieve operational sustainability and performance for most microfinance service providers, and help them scale up outreach of financial services to meet the demands, and needs of many poor and low-income people who often have limited outreach to formal financial services due to a number of barriers to their capacity, financial understanding and accessibility. The compilation of the content of this monographs book provides the overall contents of microfinance outreach through the measurement of microfinance outreach indicators. The quantitative models in the microfinance outreach are introduced to find out the factors affecting the microfinance outreach indicators, measuring customer satisfaction towards microfinance outreach and the interaction relationships of microfinance outreach indicators. The content of the book, "Impact Measurement of Microfinance Outreach" associates the microfinance outreach with the quantitative models, not going into proving the testing tools of econometrics but focusing on application tools in analyzing the results of quantitative models. Each quantitative model used in microfinance outreach research has important implications in many angles. The quantitative models will provide theoretical and empirical foundations that contribute positively to research and practical applications for many readers, students and postgraduate students.
Download or read book Outreach and Sustainability of Microfinance Institutions in China written by Yiping Lou and published by . This book was released on 2011 with total page 84 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Microfinance Institutions written by R. Mersland and published by Springer. This book was released on 2015-12-11 with total page 329 pages. Available in PDF, EPUB and Kindle. Book excerpt: Research on MFI performance is still in its infancy. MFIs are hybrid organizations with dual objectives. Performance studies in microfinance are therefore less straightforward compared to performance studies in traditional banking research. This book contains new MFI performance research by top scholars from across the globe.
Download or read book Microfinance Handbook written by Joanna Ledgerwood and published by World Bank Publications. This book was released on 1998-12-01 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: The purpose of the 'Microfinance Handbook' is to bring together in a single source guiding principles and tools that will promote sustainable microfinance and create viable institutions.
Download or read book Sustainability and Poverty Outreach in Microfinance the Sri Lankan Experience written by H Amarathunga and published by iUniverse. This book was released on 2019-08-19 with total page 121 pages. Available in PDF, EPUB and Kindle. Book excerpt: The fulfillment of the role of microfinance institutions (MFIs) in providing affordable financial services to the poor is associated with invariable challenges to MFIs, particularly in maintaining MFIs’ sustainability. The research work undertaken in this context to prepare author’s doctoral thesis has finally culminated in a book, which has comprehensively dealt with the subject of sustainability versus poverty outreach in microfinance. Overall, the results of panel data analysis confirm that there is no trade-off between sustainability and poverty outreach of MFIs. Thus, MFIs are in a position to achieve operational self-sufficiency while expanding services to the poor. Further, it is evident from logit analysis that group lending as against individual lending is strategically important for MFIs to achieve sustainability, successfully warding off the problems of asymmetric information prevailing in the rural credit markets. The book carries a detailed description on Sri Lanka’s financial sector and poverty aspects with special emphasis on microfinance sector which comprises of more than 15000 service providers under a variety of institutions with different mandates and business models. Policy discussion along with the findings of econometric analyses provides the reader with new insights especially in the absence of any other macro-level studies carried out to cover microfinance sector in Sri Lanka.
Download or read book MicroFinTech written by Roberto Moro-Visconti and published by Springer Nature. This book was released on 2021-09-06 with total page 281 pages. Available in PDF, EPUB and Kindle. Book excerpt: Microfinance is a renowned albeit controversial solution for giving financial access to the unbanked, even if micro-transactions increase costs, limiting outreach potential. The economic and financial sustainability of Microfinance Institutions (MFIs) is a prerequisite for widening a potentially unlimited client base. Automation decreases costs, expanding the outreach potential, and improving transparency and efficiency. Technological solutions range from branchless mobile banking to geo-localization of customers, digital/social networking for group lending, blockchain validation, big data, and artificial intelligence, up to “MicroFinTech” - FinTech applications adapted to microfinance. Of interest to both scholars, students, and professors of financial technology and microfinance, this book examines these trendy solutions comprehensively, going beyond the existing literature and showing potential applications to the traditional sustainability versus outreach trade-off.
Download or read book The Handbook of Microfinance written by Beatriz Armendariz and published by World Scientific. This book was released on 2011 with total page 700 pages. Available in PDF, EPUB and Kindle. Book excerpt: Handbook of Microfinance addresses the gap between clients who are benefiting from access to financial services via MFIs, and the potential market, which remains underserved or untapped. This gap can be attributed to a "mismatch" between what consumers, or potential clients, demand and what MFIs offer in terms of financial products. The scope of the book is wide. It includes successes and failures, main challenges and debates, methodologies for impact evaluation via random trials, leading trends in Asia versus Latin America, main efforts in Africa, the importance of value chains in Central America, ethical and gender issues, savings, microinsurance, governance, commercialization trends and the potential advantages and disadvantages of it. Lastly it features main lessons from informal finance and 19th-century credit cooperatives addressing the above-mentioned mismatch.
Download or read book Microfinance and Poverty written by Hege Gulli and published by IDB. This book was released on 1998 with total page 134 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Portfolios of the Poor written by Daryl Collins and published by Princeton University Press. This book was released on 2009-04-20 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt: Nearly forty percent of humanity lives on an average of two dollars a day or less. If you've never had to survive on an income so small, it is hard to imagine. How would you put food on the table, afford a home, and educate your children? How would you handle emergencies and old age? Every day, more than a billion people around the world must answer these questions. Portfolios of the Poor is the first book to systematically explain how the poor find solutions to their everyday financial problems. The authors conducted year-long interviews with impoverished villagers and slum dwellers in Bangladesh, India, and South Africa--records that track penny by penny how specific households manage their money. The stories of these families are often surprising and inspiring. Most poor households do not live hand to mouth, spending what they earn in a desperate bid to keep afloat. Instead, they employ financial tools, many linked to informal networks and family ties. They push money into savings for reserves, squeeze money out of creditors whenever possible, run sophisticated savings clubs, and use microfinancing wherever available. Their experiences reveal new methods to fight poverty and ways to envision the next generation of banks for the "bottom billion." Indispensable for those in development studies, economics, and microfinance, Portfolios of the Poor will appeal to anyone interested in knowing more about poverty and what can be done about it.
