Microfinance

A Reader

By: David Hulme (Editor), Thankom Arun (Editor)

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Hardcover | 7 January 2009 | Edition Number 1

At a Glance

Hardcover
256 Pages

Dimensions(cm)
24.2 x 15.5 x 2.2

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Microfinance has become an important component of development, poverty reduction and economic regeneration strategy around the world. By the early twenty first century tens of millions of people in more than 100 countries were accessing services from formal and semi-formal microfinance institutions (MFIs). Much of the initial attention on microcredit came through work on Bangladeshâs much-lauded Grameen Bank but, there are now many different âmodelsâ for microfinance and many countries have substantial microfinance sectors.

This timely book, written by one of the major players in the UK in development economics explores, amongst others, topics such as:

microfinance and poverty reduction
microfinance, gender and social development
microinsurance
regulating and supervising microfinance institutions.

Topical and insightful, this important text examines what has become a vast global industry employing hundreds of thousands of people and attracting the attention of large numbers of governments, banks, aid agencies, non-governmental organizations and consultancy firms.

Industry Reviews

"Microfinance: A Reader brings together leading voices to give readers a first-hand introduction to the arguments that animate the sector. The book gives readers a front-row seat to the debates through which scholars and practitioners have re-imagined the roles of markets, subsidies, and development interventions." Jonathan Morduch, Professor of Public Policy and Economics at New York University Wagner Graduate School of Public Service and co-author of The Economics of Microfinance "This is a book that weaves together issues and debates on microfinance, both classic and contemporary with a forward looking perspective. A must have for microfinance enthusiasts." Dr Imran Matin, Executive Director, BRAC-Africa "Here's where to direct people who ask for a deeper understanding of microfinance. Hulme and Arun have chosen readings that touch on all theamajor themes, and set themabetweenaessays on where microfinance came from and where it's going. Just what's needed."a Stuart Rutherford

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