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. |
من داخل الكتاب
النتائج 6-10 من 57
... incentive either to become more or efficient or to lend downmarket . Nor are they likely to form partnerships to accom ... incentives for partnerships among community institutions and mainstream lenders ; • relying on borrower savings to ...
... incentives : Yes Yes No n.a. competition Downmarket incentives : Yes No No n.a. CRA Encourage CDFIs and Yes Yes Yes Yes community lenders Encourage partnerships : Yes Yes Yes Yes NGOs , banks , CDFIs , CDCs , CBOs Flexible underwriting ...
... incentive to repay Many NGOs receive donor subsidies . Best practice ( large - scale , high technology , low cost per loan ) typical of bank originators involves no subsidies not exceed 25 percent of household income . Cosigners are ...
... incentives to buy secondary mortgage debt instruments . E.g. , mortgage investments were tax exempt , could be used as part of the legal reserve of commercial banks , and were compulsory assets in in- surance companies — all of which ...
... incentives to help expand the scale of the savings movement in the United States by creating at least 1 million new accounts worth $ 1.7 billion for low - income households . Along these lines , Caroline Glackin , executive director of ...