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22 of 22 people found the following review helpful:
5.0 out of 5 stars You Must Read This Book!, December 21, 1999
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This review is from: The New World of Microenterprise Finance: Building Healthy Financial Institutions for the Poor (Kumarian Press Library of Management for Development) (Paperback)
Otero and Rhyne have done an admirable job of documenting recent advances in the field of microfinance. They combine a succinct and accessible writing style with lively case studies to (a) challenge pre-existing economic notions regarding microfinance, (b) present a model for evaluating microfinance programs, (c) discuss the legal environment for microfinance programs, and, (d) elaborate on alternative program design and delivery mechanisms to effectively reach poor clients. I found the case studies very helpful. Both laymen and specialists will benefit from the balanced, informed and painstaking research that has gone into writing this book. A must-read for development enthusiasts in general and microfinance fanatics in particular!
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