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Microfinance in Developing Countries - Issues, Policies and Performance Evaluation (Hardcover)
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Microfinance in Developing Countries - Issues, Policies and Performance Evaluation (Hardcover)
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Microfinance in developing countries: Issues, policies and
performance evaluation is a collection of studies by leading
researchers in the field of microfinance. It discusses key issues
that the rapidly growing microfinance industry currently faces. It
offers interesting views and innovative analysis of topical matters
concerning impact, performance, challenges and innovations in the
microfinance realm. Issues relating to impact include measurement
problems; the debate of multiple versus single assessment criteria;
and the question of whether microfinance institutions are effective
in delivering the microfinance promise. Issues relating to
performance include the ongoing debate over the balance between
social and financial performance; performance measures; and the
controversy over mission drift. Issues relating to the challenges
faced by the microfinance industry include the problem of
over-indebtedness; improving agricultural microfinance; and
assessing the role of local culture in the design of an effective
microfinance sector. Lastly, topical issues relating to innovations
include assessment of technological and financial innovations and
the application thereof as well as the continued expansion of
microfinance beyond microcredit in developing countries. Together
these issues provide an overview of microfinance as it stands today
and point to the direction in which it is heading.
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