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Microfinance : yesterday, today and tomorrow

Document type: article
Download file(s): 188459 (937 KB)
Abstract: The author considers the traditional features of microfinance and microcredit and identifies a new definition of microfinance in relation to the different characteristics of supply and demand. She illustrates a possible future scenario for the microfinance market characterised by stronger cooperation among stakeholders, international donors, governmental bodies, both national and local, financial intermediaries, NGOs and MFIs. Each using its respective skills and institutional objective can play a crucial role in fostering the effectiveness of microfinance programmes and in supporting ethical sustainability.
Authors: Sapienza, S.
Category: General
End Page: 31
Serial number: 2
ISSN: [2210-2175]
Volume: I
Journal: Spanda Journal : quarterly of the Spanda Foundation
Keywords: credit , ethics , finance , markets , poverty
Language: eng
Organization: Spanda Foundation
Year: 2010
Right: © 2010 Spanda Foundation
Subject: Economic Development and Trade
Start Page: 29
Title: Microfinance : yesterday, today and tomorrow