- Series: Kumarian Press Library of Management for Development
- Paperback: 318 pages
- Publisher: Kumarian Press (March 1994)
- Language: English
- ISBN-10: 1565490304
- ISBN-13: 978-1565490307
- Product Dimensions: 9 x 6 x 0.6 inches
- Shipping Weight: 15.2 ounces (View shipping rates and policies)
- Average Customer Review: 5.0 out of 5 stars See all reviews (1 customer review)
- Amazon Best Sellers Rank: #4,244,520 in Books (See Top 100 in Books)
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The New World of Microenterprise Finance: Building Healthy Financial Institutions for the Poor (Kumarian Press Library of Management for Development)
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"Reviews some of the most innovative work currently under way...The major theme is that viable, self-sustaining financial intermediaries can be created to service a low-income microenterprise clientele. Essential to this effort is not subsidized credit but rather a focused strategy to mobilize domestic savings, adoption of market rates of interest, and promotion of innovative lending practices and new organizational designs."
About the Author
Maria Otero is one of the world’s leading voices on sustainable microfinance. She serves on the advisory board of the Clinton Global Initiative and has a long resume of senior staff and board positions in international organizations concerned with poverty and finance. She currently is president and CEO of ACCION International, a leading global microfinance institution that works to open the financial systems in developing countries to reach the poor.
Elisabeth Rhyne is the Managing Director of the Center for Financial Inclusion. As senior vice president of ACCION International since 2000, Ms. Rhyne was responsible for ACCION’s initial entry into Africa and India. She directed the organization’s research efforts to develop new financial products and managed ACCION’s publications and educational activities. Recognized as a leading thinker and writer in the field of microfinance, Ms. Rhyne has published numerous articles and four books on the topic, including Mainstreaming Microfinance: How Lending to the Poor Began, Grew and Came of Age in Bolivia (Kumarian Press, 2001). She was also co-editor of The New World of Microenterprise Finance (Kumarian, 1994), which provided the introduction to microfinance for many of the field’s current professionals.
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