The Commercialization of Microfinance: Balancing Business and Development
Deborah Drake and Elisabeth Rhyne, editors | | ISBN: 978-1-56549-153-3 $29.95 |
| 2002/320 pages/LC: 2002007897 A Kumarian Press Book |
DESCRIPTION
While many microfinance organizations started as NGOs, there is now a growing movement for them to transform into regulated, for-profit entities. Concurrently, commercial banks, credit unions, and specialized investors are also entering the market. The Commercialization of Microfinance synthesizes case studies from Latin America and beyond, delving into the trends and challenges of converting microfinance institutions into commercial entities.
ABOUT THE AUTHOR
Deborah Drake is program manager of the Investing in Inclusive Finance initiative of the Center for Financial Inclusion at ACCIOIN. Elisabeth Rhyne is the Managing Director of the Center for Financial Inclusion at ACCION.
CONTENTS
- A FRAMEWORK FOR UNDERSTANDING THE COMMERCIALIZATION OF MICROFINANCE.
- Commercialization: The New Reality of Microfinance—R. Peck Christen with D. Drake.
- APPROACHES TO A COMMERCIALIZED MICROFINANCE INDUSTRY.
- Transformation: Journey from NGO to Regulated MFI—V. White and A. Campion.
- Getting the Recipe Right: The Experience and Challenges of Commercial Bank Downscalers—L. Valenzuela.
- The Role of Specialized Investors in Commercialization—R. Mommartz and G. Schor.
- Teaching Old Dogs New Tricks: The Commercialization of Credit Unions—B. Lennon and D. C. Richardson.
- COMMERCIAL ENTRANTS INTO MICROFINANCE.
- Commercialization and Crisis in Bolivian Microfinance—E. Rhyne.
- The FFP Experience: FASSIL Case Study—L. Curran.
- Corposol and Finansol: Institutional Crisis and Survival—P. Lee.
- Creating a Microfinance Bank in Peru: Acción Communitaria del Perú's Transformation to Mibanco—A. Campion, E. Dunn, and J. Gordon Arbuckle Jr.
- CHALLENGES TO COMMERCIAL MICROFINANCE.
- Microfinance Institutions in Competitive Conditions—E. Rhyne.
- Governance and Ownership of Microfinance Institutions—M. Otero with M. Chu.
- The Experience of Microfinance Institutions with Regulations and Supervision: Perspectives from Practitioners and a Supervisor—L. Theodore with J. Trigo Loubiere.
- Credit Bureaus: A Necessity for Microfinance?—A. Campion and L. Valenzuela.
"Commercial microfinance delivered to low-income clients by competing, financially self-sufficient institutions is one of the most powerful tools available for social and economic development. This book tells why and how! Highly recommended for policymakers, regulators, bankers, microfinance practitioners—and all who are interested in development and the reduction of poverty."—Marguerite S. Robinson, author of The Microfinance Revolution
"This is an urgent and timely topic for anyone interested in reducing poverty." —Peter L. Woicke, International Finance Corporation (IFC)
"Provides excellent insights into how to conceive and implement effective microfinance programs that contribute to sustainable wealth creation and change people's lives in the process."—John A. Quelch, Harvard University Business School