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Microfinance Revolution Volume 2: Lessons from Indonesia [Paperback]

Marguerite Robinson (Author)


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Book Description

July 1, 2002 0821349538 978-0821349533
The revolution occurring in finance for low-income people refers to commercial microfinance--the delivery of financial services to the economically active poor on a large scale through competing, financially self-sufficient institutions. 'Lessons from Indonesia', volume 2 of 'The Microfinance Revolution', examines in the Indonesian context the principles and practices of commercial microfinance that were explored and analyzed in volume 1. The first country to develop profitable microfinance on a large scale, Indonesia is home to the world's oldest and largest commercial microfinance institutions, as well as many others. The book examines many financial institutions, with a special emphasis on Bank Rakyat Indonesia's microbanking system, which in the mid-1980s was transformed from a failed subsidized credit program to a nationwide commercial financial intermediary that now profitably provides microfinance services--savings and credit--to more than 20 million people. Commercial microbanking remained stable and profitable in Indonesia even as the country's financial system collapsed during the recent crisis. This volume shows why, and offers crucial lessons for developing countries everywhere.

Product Details

  • Paperback: 550 pages
  • Publisher: World Bank Publications (July 1, 2002)
  • Language: English
  • ISBN-10: 0821349538
  • ISBN-13: 978-0821349533
  • Product Dimensions: 10.9 x 8.5 x 1.2 inches
  • Shipping Weight: 3.2 pounds
  • Amazon Best Sellers Rank: #2,718,435 in Books (See Top 100 in Books)

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Inside This Book (learn more)
First Sentence:
Indonesia was the first developing country to establish large-scale commercial microfinance systems. Read the first page
Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
unit desa system, desa savings, desa staff, microbanking system, unit desas, lumbung desas, microbanking division, commercial microfinance, desa deposits, desa monthly reports, percent annual effective interest rate, desa organization, desa performance, informal commercial moneylenders, other bank divisions, overdue principal installments, microfinance revolution, desa profits, general rural credit, microbanking clients, new savings program, popular credit system, provincial development bank, unit desa division, prompt payment incentive
Key Phrases - Capitalized Phrases (CAPs): (learn more)
Bank Indonesia, Bank Rakyat Indonesia, Bank Dagang Bali, Central Java, World Bank, East Java, Kredit Mini, Bank Shinta Daya, Mitra Karya, South Kalimantan, People's Credit Banks, West Java, President Wahid, Banking Law, Financing the Poor, Kredit Midi, Deposito Berjangka, East Timor, The New York Times, Megawati Soekarnoputri, New Order, Rural Savings Report, Irian Jaya, South Sulawesi, Badan Kredit Kecamatan
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