The Theory And Practice Of Microcredit


The Theory And Practice Of Microcredit
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The Theory And Practice Of Microcredit


The Theory And Practice Of Microcredit
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Author : Wahiduddin Mahmud
language : en
Publisher: Routledge
Release Date : 2016-10-04

The Theory And Practice Of Microcredit written by Wahiduddin Mahmud and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-10-04 with Business & Economics categories.


The remarkable speed at which microcredit has expanded around the world in the last three decades has piqued the curiosity of practitioners and theorists alike. By developing innovative ways of making credit available to the poor, the idea of microcredit has challenged many traditional assumptions about both poverty reduction strategies and financial markets. While this has encouraged new theorising about how microcredit works, the practice of microcredit has itself evolved, often in unpredictable ways, outpacing the development of theory. The Theory and Practice of Microcredit aims to remedy this imbalance, arguing that a proper understanding of the evolution of practice is essential both for developing theories that are relevant for the real world and for adopting policies that can better realize the full potential of microcredit. By drawing upon their first-hand knowledge of the nature of this evolution in Bangladesh, the birthplace of microcredit, the authors have pushed the frontiers of current knowledge through a rich blend of theoretical and empirical analysis. The book breaks new grounds on a wide range of topics including: the habit-forming nature of credit repayment; the institutional strength and community-based role of microfinance institutions; the relationships between microcredit and informal credit markets; the pattern of long-term participation in microcredit programmes and the variety of loan use; the scaling up of microenterprises beyond subsistence; the "missing middle" in the credit market; and the prospects of linking micro-entrepreneurship with economic development. The book will be of interest to researchers, development practitioners and university students of Development Economics, Rural Development, or Rural Finance, as well as to public intellectuals.



The Theory And Practice Of Microcredit


The Theory And Practice Of Microcredit
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Author : Wahiduddin Mahmud
language : en
Publisher: Taylor & Francis
Release Date : 2016-10-04

The Theory And Practice Of Microcredit written by Wahiduddin Mahmud and has been published by Taylor & Francis this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-10-04 with Business & Economics categories.


The remarkable speed at which microcredit has expanded around the world in the last three decades has piqued the curiosity of practitioners and theorists alike. By developing innovative ways of making credit available to the poor, the idea of microcredit has challenged many traditional assumptions about both poverty reduction strategies and financial markets. While this has encouraged new theorising about how microcredit works, the practice of microcredit has itself evolved, often in unpredictable ways, outpacing the development of theory. The Theory and Practice of Microcredit aims to remedy this imbalance, arguing that a proper understanding of the evolution of practice is essential both for developing theories that are relevant for the real world and for adopting policies that can better realize the full potential of microcredit. By drawing upon their first-hand knowledge of the nature of this evolution in Bangladesh, the birthplace of microcredit, the authors have pushed the frontiers of current knowledge through a rich blend of theoretical and empirical analysis. The book breaks new grounds on a wide range of topics including: the habit-forming nature of credit repayment; the institutional strength and community-based role of microfinance institutions; the relationships between microcredit and informal credit markets; the pattern of long-term participation in microcredit programmes and the variety of loan use; the scaling up of microenterprises beyond subsistence; the "missing middle" in the credit market; and the prospects of linking micro-entrepreneurship with economic development. The book will be of interest to researchers, development practitioners and university students of Development Economics, Rural Development, or Rural Finance, as well as to public intellectuals.



Impact Assessment Methodologies For Microfinance


Impact Assessment Methodologies For Microfinance
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Author : David Hulme
language : en
Publisher:
Release Date : 1999

Impact Assessment Methodologies For Microfinance written by David Hulme and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1999 with Microfinance categories.




The Theory Of Development Finance


The Theory Of Development Finance
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Author : Ingo Tschach
language : en
Publisher: Peter Lang Publishing
Release Date : 2002

The Theory Of Development Finance written by Ingo Tschach and has been published by Peter Lang Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2002 with Business & Economics categories.


The book explores the problem of credit market segmentation, a widesprea phenomenon in developming countries, within a theoretical frameowrk based on graphical analysis. It invetigates the causes and effects of this problem, and he impact of possible solutions. Credit market segmentation is an outgrowth of information-related problems and high transactioncosts in lending. It leads to segmentation in labour markets and also results in inefficient factor allocation and highly skewed income distribution patterns. A theoretical impact anaysis shows that microcredit programmes can eliminate the causes and effects of credit market segmentatinand the their impact is much broader than is usually assumed. thid book shudl be requied reading for everyone who is interested in microcredit. Contents: The Theoretical derivation of Credit Market Segmentation--The Impacts of Credit Market Segmentation---Approaches Taken by Successful Small Loan Programmes-impact Analysis of Small Loan Programmes: How They Affect Financial Markets, Labour Markets, Factor Allocation, Income Distributtion and growth.



The Economics Of Microfinance Second Edition


The Economics Of Microfinance Second Edition
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Author : Beatriz Armendariz
language : en
Publisher: MIT Press
Release Date : 2010-04-23

The Economics Of Microfinance Second Edition written by Beatriz Armendariz and has been published by MIT Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010-04-23 with Business & Economics categories.


An accessible analysis of the global expansion of financial markets in poor communities, incorporating the latest thinking and evidence. The microfinance revolution has allowed more than 150 million poor people around the world to receive small loans without collateral, build up assets, and buy insurance. The idea that providing access to reliable and affordable financial services can have powerful economic and social effects has captured the imagination of policymakers, activists, bankers, and researchers around the world; the 2006 Nobel Peace Prize went to microfinance pioneer Muhammed Yunis and Grameen Bank of Bangladesh. This book offers an accessible and engaging analysis of the global expansion of financial markets in poor communities. It introduces readers to the key ideas driving microfinance, integrating theory with empirical data and addressing a range of issues, including savings and insurance, the role of women, impact measurement, and management incentives. This second edition has been updated throughout to reflect the latest data. A new chapter on commercialization describes the rapid growth in investment in microfinance institutions and the tensions inherent in the efforts to meet both social and financial objectives. The chapters on credit contracts, savings and insurance, and gender have been expanded substantially; a new section in the chapter on impact measurement describes the growing importance of randomized controlled trials; and the chapter on managing microfinance offers a new perspective on governance issues in transforming institutions. Appendixes and problem sets cover technical material.



Microfinance


Microfinance
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Author : Jude L. Fernando
language : en
Publisher: Routledge
Release Date : 2004-08-02

Microfinance written by Jude L. Fernando and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2004-08-02 with Business & Economics categories.


Microfinance is defined as the financial services offered to the poor for the purpose of promoting small-scale enterprises, and as such it is one of the most important topics in development studies and a burgeoning area in economics. This volume provides a much-needed historical, political and economic dimension to the current knowledge on microfinance. Collectively, the contributors chart the relationship between the prevailing popularity of microfinance and the consolidation of neoliberal economic ideology worldwide. They demonstrate how microfinance, as a market-friendly approach to development, coincides with the global trend towards diminishing the role of the state in economic development, basic healthcare, education and welfare. The articles in the volume focus on the empirical analyses of the experience of microfinance in women’s everyday lives, but rejects the connection between microfinance and women’s empowerment so often imputed in literature. This book offers regional, cultural and other explanations for variable assessments of microfinance and empowerment. It fills a huge gap in published microfinance literature and will be of great interest to postgraduates and professionals in the fields of economics, international finance and banking.



Due Diligence


Due Diligence
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Author : David Roodman
language : en
Publisher: CGD Books
Release Date : 2012

Due Diligence written by David Roodman and has been published by CGD Books this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012 with Business & Economics categories.


The idea that small loans can help poor families build businesses and exit poverty has blossomed into a global movement. The concept has captured the public imagination, drawn in billions of dollars, reached millions of customers, and garnered a Nobel Prize. Radical in its suggestion that the poor are creditworthy and conservative in its insistence on individual accountability, the idea has expanded beyond credit into savings, insurance, and money transfers, earning the name microfinance. But is it the boon so many think it is? Readers of David Roodman's openbook blog will immediately recognize his thorough, straightforward, and trenchant analysis. Due Diligence, written entirely in public with input from readers, probes the truth about microfinance to guide governments, foundations, investors, and private citizens who support financial services for poor people. In particular, it explains the need to deemphasize microcredit in favor of other financial services for the poor.



Sustainable Livelihood Approach


Sustainable Livelihood Approach
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Author : Stephen Morse
language : en
Publisher: Springer Science & Business Media
Release Date : 2013-02-13

Sustainable Livelihood Approach written by Stephen Morse and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-02-13 with Social Science categories.


We all view the ubiquitous term ‘sustainability’ as a worthwhile goal. But how can we apply the principles of sustainability in the real world, at the sharp end of communities in developing nations where income insecurity is the troubled norm? This volume provides some practical answers, explaining the precepts of the ‘sustainable livelihood approach’ (SLA) through the case study of a microfinance scheme in Africa. The case study, centered around the work of the Catholic Church’s Diocesan Development Services organization, involved an SLA implemented over two years designed in part to help enhance its existing microfinance operation through closer links between local communities and international donors. The book’s central conclusion is that we must move beyond the concept of sustainable livelihood itself, with its in-built polarities between developed and developing nations, and embrace a more global notion of ‘sustainable lifestyle’; a more nuanced and inclusive approach that encompasses not just how we make a sustainable living, but how we can live sustainable lives.



The Microfinance Revolution


The Microfinance Revolution
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Author : Marguerite S. Robinson
language : en
Publisher: World Bank Publications
Release Date : 2001

The Microfinance Revolution written by Marguerite S. Robinson and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2001 with Business & Economics categories.


??? ... Microfinance is the method whereby financial services and credit is made available to the economically active but low income people of developiong countries. This book focusses on three key aspects of the phenomenon: 1) the shift from government- and donor-subsidized credit delivery systems to self-sufficient, sustainable microfinance institutions; 2) the results on the ground, on the way in which microfinance is helps people expand and diversify their enterprises, increase their incomes, raise their living standards and those of theri families, and boost their self-confidence; 3) the theroretical frameworks that had previously impeded the microfinance revolution, with suggestions for their improvement.



Commercial Investments And Mission Drift In Microfinance


Commercial Investments And Mission Drift In Microfinance
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Author : Marc Moser
language : en
Publisher: Haupt Verlag AG
Release Date : 2013

Commercial Investments And Mission Drift In Microfinance written by Marc Moser and has been published by Haupt Verlag AG this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013 with categories.


The microfinance sector has witnessed various controversies and criticisms recently as a consequence of its commercialization and the related involvement of international investors. Against this background, the qualitative case study reported on examines the perceptions of stakeholders from the Swiss microfinance investment network. How do the various investor-related stakeholder groups perceive the motivation to become engaged in microfinance, the mission drift issue and the current state and potentials of mutual value creation? The findings suggest that common ground on fundamental questions facilitates superior mutual value creation among the investigated stakeholders. Implications include the need for enhanced coordination between private and public stakeholders.