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. |
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... commercial loan transaction , a lender may use various methods to evaluate and mitigate credit risk . For instance , a lender may check a borrower's credit history to determine her credit risk . The lender may also require a marketable ...
... commercial banks may be extremely limited , even for upper - income households . Lack of competition , combined with lack of advocacy ( or “ moral suasion ” ) and little experience with the types of out- reach and transactions necessary ...
... commercial banks have been unwilling to enter the housing micro- finance market is because of the high costs ( per dollar and loan ) of small , nonmortgage loans ( Tucker 1999 ) . We also suggest that many of the staffs of traditional ...
... commercial banks to channel funds into low - income communities . As of 1995 , Vidal reported that commercial lenders had invested or committed more than $ 300 mil- lion to bank - owned CDCs ; the average commitment was $ 2.5 million ...
... commercial viable , or have they had any noticeable effect on demand ? The robustness of our conclusions is limited by lacks of information and analyses , of effective demand for LMI lending and microlending , of commercial viability ...