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Economics of Microfinance, Second Edition

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ISBN-10: 0262513986

ISBN-13: 9780262513982

Edition: 2nd 2010

Authors: Beatriz Armendariz, Jonathan Morduch

List price: $45.00
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Description:

The microfinance revolution has allowed more than 150 million poor people around the world to receive small loans without collateral, build up assets, and buy insurance. The idea that providing access to reliable and affordable financial services can have powerful economic and social effects has captured the imagination of policymakers, activists, bankers, and researchers around the world; the 2006 Nobel Peace Prize went to microfinance pioneer Muhammed Yunis and Grameen Bank of Bangladesh. This book offers an accessible and engaging analysis of the global expansion of financial markets in poor communities. It introduces readers to the key ideas driving microfinance, integrating theory with…    
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Book details

List price: $45.00
Edition: 2nd
Copyright year: 2010
Publisher: MIT Press
Publication date: 4/23/2010
Binding: Paperback
Pages: 496
Size: 5.98" wide x 8.98" long x 0.98" tall
Weight: 1.716

Preface to the Second Edition
Preface to the First Edition
Acknowledgments
Rethinking Banking
Why Intervene in Credit Markets?
Roots of Microfinance
ROSCAs and Credit Cooperatives
Group Lending
Beyond Group Lending
Savings and Insurance
Gender
Commercialization and Regulation
Measuring Impacts
Subsidy and Sustainability
Managing Microfinance
Notes
References
Abbreviations
Name Index
Subject Index