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Books > Business & Economics > Finance & accounting > Finance > Credit & credit institutions
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The Microfinance Revolution - Sustainable Finance for the Poor (Paperback)
Loot Price: R1,018
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The Microfinance Revolution - Sustainable Finance for the Poor (Paperback)
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"..this book...gives us a history lesson and a guide on how to
build commercial finance that fits the needs of the world's poorest
majority. Policy makers, finance leaders, and anyone who wants to
join this revolution in banking must read this book." Around the
world, a revolution is occurring in finance for low-income people.
The microfinance revolution is delivering financial services to the
economically active poor on a large scale through competing,
financially self-sufficient institutions. In a few countries this
has already happened; in others it is under way. The emerging
microfinance industry has profound implications for social and
economic development. For the first time in history, capital is
well on its way to being democratized. The Microfinance Revolution,
in three volumes, is aimed at a diverse readership?economists,
bankers, policymakers, donors, and social scientists; microfinance
practitioners and specialists in local finance and rural and urban
development; and members of the general public interested in
development. This first volume, Sustainable Finance for the Poor,
focuses on the shift from government- and donor-subsidized credit
systems to self-sufficient microfinance institutions providing
voluntary savings and credit services. "A magnificent work"
Elizabeth Littlefield, CEO, Consultative Group to Assist the
Poorest (CGAP) "A much-needed wake-up call for economists" David E.
Bloom, Clarence James Gamble Professor of Economics and Demography,
Harvard University "A major work that will unquestionably lie at
the very center of microfinance literature" Robert Peck Christen,
Senior Adviser, CGAP Secretariat; Academic Director, Microfinance
Training Program, Naropa University "A seminal work" Ira W.
Lieberman, former CEO of CGAP; Senior Manager, World Bank
General
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