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.
James H. Carr, Zhong Yi Tong. Part IV Comparative Studies of Microμnance for Housing 9 Microμnance and Low- and Moderate-Income Lending for Housing in.
... housing. Particularly in developing markets, microμnance for housing is no longer seen as merely an extension of formal mortgage μnance, but as a μnancial tool with unique characteristics to help overcome the numerous barriers to ...
James H. Carr, Zhong Yi Tong. approaches to low-income housing have nowhere been able to keep up with need. In addition, although traditional nongovernmental organization (NGO) project-based efforts for land acquisition and housing have ...
... Housing: Deμnition. and. Importance. Deμning Microμnance Our deμnition of microμnance for housing combines aspects of two separate paths of development in housing μnance: low- and moderate-income housing μnance, and microlending for housing ...
... housing,2 rehabilitation, expansion, or core housing or infrastructure connections. • It may be combined with government or charitable subsidies, often together with the savings program. In contrast, LMI lending for housing has its ...