Replicating Microfinance in the United StatesJames H. Carr, Zhong Yi Tong Woodrow Wilson Center Press, 28/06/2002 - 387 من الصفحات "With the publication of this volume, knowledge and understanding of the practices of delivering micro-credit reach a new level of consolidation, and the stage is set for important further steps."—from the Foreword by Richard P. Taub, University of Chicago Microfinance was pioneered in the developing world as the lending of small amounts of money to entrepreneurs who lacked the kinds of credentials and collateral demanded by banks. Similar practices spread from the developing to the developed world, reversing the usual direction of innovation, and today several hundred microfinance institutions are operating in the United States. Replicating Microfinace in the United States reviews experiences in both developing and industrialized countries and extends the applications of microlending beyond enterprise to consumer finance, housing finance, and community development finance, concentrating especially on previously underserved households and their communities. Contributors include Nitin Bhatt, Robert M. Buckley, Bruce Ferguson, Elinor Haider, Chi-kan Richard Hung, Sally R. Merrill, Jonathan Morduch, Gary Painter, Sohini Sarkar, Mark Schreiner, Lisa Servon, Ayse Can Talen, Shui-Yan Tang, Kenneth Temkin, Andres Vinelli, J. D. Von Pischke and Marc A. Weiss. Replicating Microfinance in the United States is based on papers commissioned by the Fannie Mae Foundation and findings from an October 2001 conference jointly held by the Fannie Mae Foundation and Woodrow Wilson International Center for Scholars in Washington, D.C. |
من داخل الكتاب
النتائج 1-5 من 80
... borrower will engage in strategic calculations of the costs and benefits of paying off a loan obligation . Project risk involves considerations of a borrower's ability to run a successful business 224 Chi - kan Richard Hung.
... benefit of the whole group is accepted . Moreover , intragroup interaction , in the form of loan screening , monitoring , and enforcement , may substitute for direct staff involvement , and thus may reduce program operation costs . The ...
... benefits for both underwriting and transaction costs , it clearly limits the participation of those with informal income , which in many emerging markets is the main form of livelihood for low - income households . Loan Products and ...
... benefits from the federal government , and in return must take steps to ensure they serve as many creditworthy borrowers as possible ( Fishbein 1992 ; Temkin , Quercia , and Galster 2001 ) . As a result , CRA re- quires that federally ...
... benefit from more flexible conventional mortgage underwriting standards ; Fannie Mae and Freddie Mac now purchase mortgages origi- nated with lower down payments and higher debt - to - income ratios than in the past . In addition , new ...