Microfinance has become an important component of development,
poverty reduction and economic regeneration strategy around the
world. By the early twenty first century tens of millions of people
in more than 100 countries were accessing services from formal and
semi-formal microfinance institutions (MFIs). Much of the initial
attention on microcredit came through work on Bangladesh's
much-lauded Grameen Bank but, there are now many different 'models'
for microfinance and many countries have substantial microfinance
sectors.
This timely book, written by one of the major players in the UK
in development economics explores, amongst others, topics such
as:
- microfinance and poverty reduction
- microfinance, gender and social development
- microinsurance
- regulating and supervising microfinance institutions.
Topical and insightful, this important text examines what has
become a vast global industry employing hundreds of thousands of
people and attracting the attention of large numbers of
governments, banks, aid agencies, non-governmental organizations
and consultancy firms.
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