Replicating Microfinance in the United States
James 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.
النتائج 1-5 من 81
... referees for their comments on an earlier version of the chapter. Zhong Yi Tong's guidance throughout the process is much appreciated. to apply for these loans. Programs providing these group-based micro- 223 Front Cover.
... chapter examines the operations and results of peer-group lending programs found in developing countries and the United States. Lessons about the replication of the institutional innovation may then be drawn. There are two guiding ...
... chapter, I have identiμed four Grameen-type microcredit programs reported in Hulme and Mosley (1996, vols. 1 and 2)—two of them were in Bangladesh, one was in Kenya, and one was in Malawi. Data for these developing-country programs were ...
... chapter pertain to information obtained primarily at the program level. When individual client characteristics are discussed, such as prior loan history, any selection bias favors active participants in these U.S. programs—because only ...
... is the correct number and 16 percent is just a reporting error. 6. I wish to thank one of the reviewers of this chapter for pointing this out. 7. Actually, three of the U.S. programs are FINCA afμliates 232 Chi-kan Richard Hung.