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Economics of Microfinance

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ISBN-10: 0262512017

ISBN-13: 9780262512015

Edition: 2007

Authors: Jonathan Morduch, Beatriz Armend�riz, B. A. De Aghion

List price: $27.00
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The microfinance revolution, begun with independent initiatives in Latin America and South Asia starting in the 1970s, has so far allowed 65 million poor people around the world to receive small loans without collateral, build up assets, and buy insurance. This comprehensive survey of microfinance seeks to bridge the gap in the existing literature on microfinance between academic economists and practitioners. Both authors have pursued the subject not only in academia but in the field; Beatriz Armendariz founded a microfinance bank in Chiapas, Mexico, and Jonathan Morduch has done fieldwork in Bangladesh, China, and Indonesia. The authors move beyond the usual theoretical focus in the…    
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Book details

List price: $27.00
Copyright year: 2007
Publisher: MIT Press
Publication date: 9/30/2007
Binding: Paperback
Pages: 360
Size: 6.00" wide x 9.00" long x 1.00" tall
Weight: 1.034
Language: English

Rethinking Banking
Why Intervene in Credit Markets?
Roots of Microfinance: ROSCAs and Credit Cooperatives
Group Lending
Beyond Group Lending
Savings and Insurance
Measuring Impacts
Subsidy and Sustainability
Managing Microfinance
Name Index
Subject Index