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The New Middlewomen - Profitable banking through on-lending groups (Paperback)
Loot Price: R243
Discovery Miles 2 430
You Save: R17
(7%)
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The New Middlewomen - Profitable banking through on-lending groups (Paperback)
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List price R260
Loot Price R243
Discovery Miles 2 430
You Save R17 (7%)
Supplier out of stock. If you add this item to your wish list we will let you know when it becomes available.
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The New Middlewomen describes a unique approach to the delivery of
financial services to poor people, which can enable any existing
commercial bank profitably to mobilize poor people's savings and
provide loans to them, without the need for special systems or new
institutions. The book demonstrates how banks, alone or in
collaboration with NGOs, can organize groups of people into
"micro-banks" to reach a totally new and profitable market. These
groups act as genuine independent banking intermediaries: they
decide how much to save, to whom to lend, for what purpose and at
what rates of interest. Like any supplier of consumer goods or
services, the banker can confidently and profitably delegate the
final stage of the distribution task to a local intermediary. The
New Middlewomen is the result of extensive research funded by the
British Department for International Development and the Ford
Foundation in Kenya and India, and will be essential reading for
bankers who wish to support the poor profitably and all those with
an interest in micro-finance issues.
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