Replicating Microfinance in the United States"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 100
The World Bank set up the Mudzi Fund in Malawi as a government-controlled trust fund. In contrast, the U.S. programs started from very modest beginnings, although several large NGOs with signiμcant experience in Latin America FROM SOUTH ...
although several large NGOs with signiμcant experience in Latin America have recently started their U.S. operations—most notable among them are ACCION and FINCA. The μnancial support from the federal or state governments has been very ...
Table 3.3 in (Humle and Mosley 1996) reports 56 for the percentage of Mudzi Fund borrowers who have no prior borrowing experience. But table 16.23 reports the same number as 16 percent. Because table 16.23 also reports that 44 percent ...
Thus, although developing-country experiences have demonstrated the effectiveness of peer-group lending programs in serving primarily the landless poor, the more sustainable U.S. programs ...
The cumulative experience not only shortens the learning curve of local afμliates, but also enhances the scale of operation at the network level. The recent establishment of the Grameen Foundation USA and its sponsorship of a few ...