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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... profitable , and will continue to contribute to the industry's profits in the long term . Transferability of Practices in Microfinance for Housing The feasibility of transferring the best practices in housing microfinance across market ...
... Profitability of CRA - Related Lending . Report submitted to U.S. Congress . Washington , DC . Bostic , Raphael , and Brian Surette . 2000. Have the Doors Opened Wider ? Trends in Home- ownership Rates by Race and Income . Working paper ...
... profitable . Mortgage finance is profiled in the first column of table 10.1 . It involves relatively large loans for long terms , typically from 15 to 30 years . In de- veloping countries , most mortgage lenders extend credit for ...
... profitability.8 The large potential loan volume of housing microcredit makes this prac- tice particularly useful as a basis for financial institutions and the financial sector . Ecuador , with a population of 12 million , has an ...
... profitable for financial institutions . 10. Direct government home lending to households of all incomes creates enormous moral hazard in developing countries . Throughout the developing world as well as in Chile , house- holds pay back ...