Microfinance is a capitalist paradox. In a region of great inequality and economic instability, it has been able to create viable services for those at the base of the economic and social pyramid, survive and grow in adverse economic conditions, and become a profitable and rapidly growing part of the regulated financial sector. This book offers an inside view of Latin American microfinance, as seen by those who have worked over the decades to make it grow. The lessons are relevant not only for the global microfinance community, but for the field of development writ large.
"synopsis" may belong to another edition of this title.
Review:
An Inside View of Latin American Microfinance provides more evidence of the success of microfinance in the fight against poverty. But this book offers us more, describing the evolution of microfinance into a new model based on an entrepreneurial spirit that both fuels growth and attacts private funding. --Stephen Brenninkmeijer, Founder, Andromeda Fund. This book is a must read for those who want to understand the evolution of the Latin American model of microfinance, and should be required reading for those in the microfinance industry, policymakers, development practitioners and others who are interested in improving microfinance efficiency, innovation and delivery mechanisms for tens of thousands of microenterprises across the region. --Jorge Londoņo Saldarriaga, President and CEO, Bancolombia
This book is a must read for those who want to understand the evolution of the Latin American model of microfinance, and should be required reading for those in the microfinance industry, policymakers, development practitioners and others who are interested in improving microfinance efficiency, innovation and delivery mechanisms for tens of thousands of microenterprises across the region. --Jorge Londoņo Saldarriaga, President and CEO, Bancolombia
"About this title" may belong to another edition of this title.