Mainstreaming Microfinance: How Lending to the Poor Began, Grew, and Came of Age in Bolivia* Tells the success story of how microfinance in Latin America lifted whole populations into the financial mainstream * Offers a non-technical, in-depth analysis of the microlending debate Some people tout microfinance as the most important tool now available for fighting poverty while still others doubt its contribution to the "truly" poor. This volume offers a reasoned, moderate voice on the virtues and problems of microfinance. Drawing on the success story of Bolivia, Rhyne traces the transformation of NGOs into formal financial institutions, and examines microfinance under the conditions of commercialization and competition that have altered the dynamics of the new industry. Using participant interviews, Beth Rhyne details how Bolivia’s special breed of social entrepreneurs found the keys to unlock the huge unmet demand of informal clients. She explores how these social activists shaped the character of the institutions that now dominate Bolivia’s microfinance sector, and traces how these institutions proved that lending to microenterprises could become a commercial business. Rhyne investigates the transformation of NGOs into formal financial institutions, led by the creation of BancoSol, and closely examines microfinance under the conditions of commercialization and competition that have altered the dynamics of the new industry. |
من داخل الكتاب
النتائج 1-3 من 12
الصفحة 36
THE HYPERINFLATION CRISIS During the 1980s , inflation was a way of life for most South Americans . Ordinary people became as expert as macroeconomists at calculating inflated prices and anticipating inflation's effects on their lives .
THE HYPERINFLATION CRISIS During the 1980s , inflation was a way of life for most South Americans . Ordinary people became as expert as macroeconomists at calculating inflated prices and anticipating inflation's effects on their lives .
الصفحة 41
The credit programs of NGOs and government development banks lent their money at interest rates that did not come close to adjusting for inflation , effectively turning them into grant programs , even when borrowers repaid in full .
The credit programs of NGOs and government development banks lent their money at interest rates that did not come close to adjusting for inflation , effectively turning them into grant programs , even when borrowers repaid in full .
الصفحة 99
All costs are covered , including inflation and an adequate return to shareholders . Negative scores represent high profitability , while positive scores indicate that the institution still relies on subsidies of some type .
All costs are covered , including inflation and an adequate return to shareholders . Negative scores represent high profitability , while positive scores indicate that the institution still relies on subsidies of some type .
ما يقوله الناس - كتابة مراجعة
لم نعثر على أي مراجعات في الأماكن المعتادة.
المحتوى
NEW FRONTIERS | 159 |
YES BUT IS IT DEVELOPMENT? | 189 |
9 | 198 |
حقوق النشر | |
2 من الأقسام الأخرى غير ظاهرة
طبعات أخرى - عرض جميع المقتطفات
عبارات ومصطلحات مألوفة
Acción approach areas associations Banco BancoSol Bangladesh bank become began Bolivia borrowers Caja capital changes chapter cities clients competition consumer continued costs created crisis donors early economic effective enterprises example experience fact financial institutions force formal funds growth important income individual industry informal sector interest investment involved kind lenders lending loan loan officers look major ment methodology microcredit microenterprise microfinance institutions microlenders million move needed NGOs observers offer operations organizations original Otero percent political poor portfolio poverty problem Prodem profitability ProMujer rates reach remains risk rural savings serve share shows social sources staff started successful Superintendency tion transformation turn wanted World