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 79
The majority of U.S. program borrowers had received a mortgage, a student loan, a car loan, or other consumer loans before joining the corresponding microcredit programs. Fifty-one percent of them had a bank account or had used credit ...
Although it draws from both microenterprise μnance and traditional mortgage μnance, it should be viewed as a unique methodology for assisting low- and moderate-income (LMI) households obtain housing. Particularly in developing markets, ...
... to be underwritten according to at least some of the usual standards—may face a variety of barriers in obtaining mortgage μnance, such as racial discrimination, geographic discrimination (either from “redlining” or lack of access), ...
Loans may not depend on mortgage-based collateral. • It also uses ×exible underwriting, alternative loan products; and shorter- duration loans. • Like microlending, it poses higher transaction costs than traditional mortgage credit.
mortgage credit. Extensive outreach, homeowner counseling, and ag- gressive servicing are common features. • It may be mandated with legislation or public-private partnerships and may be combined with government subsidies.
ما يقوله الناس - كتابة مراجعة
طبعات أخرى - عرض جميع المقتطفات
عبارات ومصطلحات مألوفة
معلومات المراجع
| العنوان | Replicating Microfinance in the United States A Fannie Mae Foundation book |
| المُحررون | James H. Carr, Zhong Yi Tong |
| الناشر | Woodrow Wilson Center Press, 2002 |
| رقم ISBN (الرقم الدولي المعياري للكتاب) | 1930365101, 9781930365100 |
| عدد الصفحات | 387 من الصفحات |
| تصدير الاقتباس | BiBTeX EndNote RefMan |