Replicating Microfinance In The United States

Author : James H. Carr,Zhong Yi Tong
Publisher : Woodrow Wilson Center Press
Page : 401 pages
File Size : 45,6 Mb
Release : 2002-06-28
Category : Business & Economics
ISBN : 9781930365100

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Replicating Microfinance in the United States by James H. Carr,Zhong Yi Tong Pdf

Microfinance was pioneered in the developing world as the lending of small amounts of money to entrepreneurs who lacked the kinds of credentials and collateral demanded by banks. Similar practices spread from the developing to the developed world, reversing the usual direction of innovation, and today several hundred microfinance institutions are operating in the United States. Replicating Microfinace in the United States reviews experiences in both developing and industrialized countries and extends the applications of microlending beyond enterprise to consumer finance, housing finance, and community development finance, concentrating especially on previously underserved households and their communities.

Author : Paul Miesing,Maria Aggestam
Publisher : Business Expert Press
Page : 280 pages
File Size : 45,6 Mb
Release : 2017-07-31
Category : Business & Economics
ISBN : 9781631578984

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Educating Social Entrepreneurs, Volume II by Paul Miesing,Maria Aggestam Pdf

Educating Social Entrepreneurs: From Business Plan Formulation to Implementation appears at a time of unprecedented environmental disasters, natural resources depletion, and significant failure of governments and global businesses to attend to worldwide social problems. In this era of downsizing, restructuring, and social changes, notions of traditional venture creation and the ways of creating social values have been challenged. We draw on examples from various parts of the business world and societies to prepare students, scholars, and entrepreneurial managers to deal with the challenges presented by a new and diverse business environment to create business plan for a social venture. Illuminating troublesome aspects of the global social and business worlds, this workbook comprises two volumes that covers key issues. Students, scholars, and entrepreneurs who want to help a world of multiple disparities by dealing with social entrepreneurship will find this to be beneficial reading.

Author : Nancy Jurik
Publisher : Cornell University Press
Page : 271 pages
File Size : 49,7 Mb
Release : 2018-08-06
Category : Social Science
ISBN : 9781501731372

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Bootstrap Dreams by Nancy Jurik Pdf

Declines in real wages, increases in the number of poor families, and cutbacks to welfare and other safety-net programs have stimulated the popularity of microenterprise development programs (MDPs). These programs typically offer training and loans to individuals seeking to operate very small businesses. MDPs are often presented as a path to the self-sufficiency that comes with entrepreneurship and as an example of the success of market-based alternatives to government programs. In Bootstrap Dreams, Nancy C. Jurik analyzes the origins and maturation of these programs in the United States. Based on a national sample of fifty programs and an eight-year case study of one in particular, this is a rare book about microenterprise development. Jurik understands the positive social mission of MDPs, but she is not blind to the problems that they encounter. Jurik's clear perception of potential difficulties and her keen ability to place the microenterprise movement in the larger context of welfare reform and globalization make Bootstrap Dreams a valuable book.

Author : Beatriz Armendariz,Jonathan Morduch
Publisher : MIT Press
Page : 361 pages
File Size : 54,9 Mb
Release : 2007
Category : Business & Economics
ISBN : 9780262512015

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The Economics of Microfinance by Beatriz Armendariz,Jonathan Morduch Pdf

An assessment of "the microfinance revolution" from an economics perspective that draws on lessons from academia and international practice to challenge conventional assumptions.

Author : Beatriz Armendariz,Jonathan Morduch
Publisher : MIT Press
Page : 361 pages
File Size : 50,5 Mb
Release : 2010-04-23
Category : Business & Economics
ISBN : 9780262513982

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The Economics of Microfinance, second edition by Beatriz Armendariz,Jonathan Morduch Pdf

An accessible analysis of the global expansion of financial markets in poor communities, incorporating the latest thinking and evidence. The microfinance revolution has allowed more than 150 million poor people around the world to receive small loans without collateral, build up assets, and buy insurance. The idea that providing access to reliable and affordable financial services can have powerful economic and social effects has captured the imagination of policymakers, activists, bankers, and researchers around the world; the 2006 Nobel Peace Prize went to microfinance pioneer Muhammed Yunis and Grameen Bank of Bangladesh. This book offers an accessible and engaging analysis of the global expansion of financial markets in poor communities. It introduces readers to the key ideas driving microfinance, integrating theory with empirical data and addressing a range of issues, including savings and insurance, the role of women, impact measurement, and management incentives. This second edition has been updated throughout to reflect the latest data. A new chapter on commercialization describes the rapid growth in investment in microfinance institutions and the tensions inherent in the efforts to meet both social and financial objectives. The chapters on credit contracts, savings and insurance, and gender have been expanded substantially; a new section in the chapter on impact measurement describes the growing importance of randomized controlled trials; and the chapter on managing microfinance offers a new perspective on governance issues in transforming institutions. Appendixes and problem sets cover technical material.

Author : Eugenia Macchiavello
Publisher : Routledge
Page : 308 pages
File Size : 41,9 Mb
Release : 2017-07-20
Category : Business & Economics
ISBN : 9781317227588

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Microfinance and Financial Inclusion by Eugenia Macchiavello Pdf

Following the recent global financial crisis there is a growing interest in alternative finance – and microfinance in particular – as new instruments for providing financial services in a socially responsible way or as an alternative to traditional banking. Nonetheless, correspondingly there is also a lack of clarity about how to regulate alternative financial methods particularly in light of the financial crisis’ lessons on regulatory failure and shadow banking’s risks. This book considers microfinance from a legal and regulatory perspective. Microfinance is the provision of a wide range of financial services, particularly credit but also remittances, savings, to low-income people or financially excluded people. It combines a business structure with social inspiration, often resorts to technological innovations to lower costs (Fintech: e.g. crowdfunding and mobile banking) and merges with traditional local experiences (e.g. financial cooperatives and Islamic finance), this further complicating the regulatory picture. The book describes some of the unique dimensions of microfinance and the difficulties that this can cause for regulators, through a comparative analysis of selected European Union (EU) countries’ regimes. The focus is in fact on the EU legal framework, with some references to certain developing world experiences where relevant. The book assesses the impact and validity of current financial regulation principles and rules, in light of the most recent developments and trends in financial regulation in the wake of the financial crisis and compares microfinance with traditional banking. The book puts forward policy recommendations for regulators and policy makers to help address the challenges and opportunities offered by microfinance.

Author : Roberto Moro Visconti
Publisher : ibidem-Verlag / ibidem Press
Page : 644 pages
File Size : 45,8 Mb
Release : 2014-06-01
Category : Business & Economics
ISBN : 9783838265629

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From Microfinance to Business Planning: Escaping Poverty Traps by Roberto Moro Visconti Pdf

This ground-breaking book shows how innovative microfinance solutions can help billions to avoid ‚poverty traps‘ and escape atavistic misery. While the success of microfinance has globally exceeded even the wildest expectations, there are still many obstacles – above all the lack of proper business planning on the side of the borrowers. Here Moro Visconti‘s important book comes to aid, offering bottom-up development strategies for micro-credit-driven startups and beyond. His forceful analysis of poverty traps and the practical guidelines given (including business plan templates as Excel sheets) are designed to help practitioners and analysts alike in understanding and reaching the true potential of microfinance.

Author : Julia Sass Rubin
Publisher : Russell Sage Foundation
Page : 344 pages
File Size : 48,7 Mb
Release : 2007-11-15
Category : Business & Economics
ISBN : 9781610444811

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Financing Low Income Communities by Julia Sass Rubin Pdf

Access to capital and financial services is crucial for healthy communities. However, many impoverished individuals and neighborhoods are routinely ignored by mainstream financial institutions. This neglect led to the creation of community development financial institutions (CDFIs), which provide low-income communities with financial services and act as a conduit to conventional financial organizations and capital markets. Edited by Julia Sass Rubin, Financing Low-Income Communities brings together leading experts in the field to assess what we know about the challenges of bringing financial services and capital to poor communities, map out future lines of research, and propose policy reforms to make these efforts more effective. The contributors to Financing Low-Income Communities distill research on key topics related to community development finance. Daniel Schneider and Peter Tufano examine the obstacles that make saving and asset accumulation difficult for low-income households—such as the fact that tens of millions of low-income and minority adults don't have a bank account—and consider solutions, like making it easier for low-wage workers to enroll in 401(K) plans. Jeanne Hogarth, Jane Kolodinksy, and Marianne Hilgert review evidence showing that community-based financial education programs can be effective in changing families' saving and budgeting patterns. Lisa Servon proposes strategies for addressing the challenges facing the microenterprise field in the United States. Julia Sass Rubin discusses ways community loan and venture capital funds have adapted in response to the decreased availability of funding, and considers potential sources of new capital, such as state governments and public pension funds. Marva Williams explores the evolution and recent performance of community development banks and credit unions. Kathleen Engel and Patricia McCoy document the proliferation of predatory lenders, who market loans at onerous interest rates to financially vulnerable families and the devastating effects of such lending on communities—from increased crime to falling home values and lower tax revenues. Rachel Bratt reviews the policies and programs used to make rental and owned housing financially accessible. Rob Hollister proposes a framework for evaluating the contributions of community development financial institutions. Despite the many accomplishments of CDFIs over the last four decades, changing political and economic conditions make it imperative that they adapt in order to survive. Financing Low-Income Communities charts out new directions for public and private organizations which aim to end the financial exclusion of marginalized neighborhoods.

Author : Management Association, Information Resources
Publisher : IGI Global
Page : 2224 pages
File Size : 52,5 Mb
Release : 2021-12-30
Category : Business & Economics
ISBN : 9781668438749

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Research Anthology on Human Resource Practices for the Modern Workforce by Management Association, Information Resources Pdf

Human resource departments have been a crucial part of business practices for decades and particularly in modern times as professionals deal with multigenerational workers, diversity initiatives, and global health and economic crises. There is a necessity for human resource departments to change as well to adapt to new societal perspectives, technology, and business practices. It is important for human resource managers to keep up to date with all emerging human resource practices in order to support successful and productive organizations. The Research Anthology on Human Resource Practices for the Modern Workforce presents a dynamic and diverse collection of global practices for human resource departments. This anthology discusses the emerging practices as well as modern technologies and initiatives that affect the way human resources must be conducted. Covering topics such as machine learning, organizational culture, and social entrepreneurship, this book is an excellent resource for human resource employees, managers, CEOs, employees, business students and professors, researchers, and academicians.

Author : Marek Hudon,Marc Labie,Ariane Szafarz
Publisher : Edward Elgar Publishing
Page : 200 pages
File Size : 42,5 Mb
Release : 2019
Category : Business & Economics
ISBN : 9781788114226

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A Research Agenda for Financial Inclusion and Microfinance by Marek Hudon,Marc Labie,Ariane Szafarz Pdf

How can financial services, such as credit, deposit accounts, financial transfers, and insurance be provided to people in need? This challenging and complex issue has been a topic of interest for the international aid community for decades. Drawing on renowned experts in microfinance and financial inclusion, this Research Agenda sheds much-needed light on this multifaceted challenge and points the way ahead for future research.

Author : Douglas Cumming
Publisher : Oxford University Press
Page : 936 pages
File Size : 55,5 Mb
Release : 2012-02-10
Category : Business & Economics
ISBN : 9780199920921

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The Oxford Handbook of Entrepreneurial Finance by Douglas Cumming Pdf

The topic of Entrepreneurial Finance involves many issues, including but not limited to the risks and returns to being an entrepreneur, financial contracting, business planning, capital gaps and the availability of capital, market booms and busts, public policy and international differences in entrepreneurial finance stemming from differences in laws, institutions and culture. As these issues are so extremely broad and complex, the academic and practitioner literature on topic usually focuses on at most one or two of these issues at one time. The Oxford Handbook of Entrepreneurial Finance provides a comprehensive picture of issues dealing with different sources of entrepreneurial finance and different issues with financing entrepreneurs. The Handbook comprises contributions from 48 authors based in 12 different countries. It is organized into seven parts, the first of which introduces the issues, explains the organization of the Handbook, and briefly summarizes the contributions made by the authors in each of the chapters. Part II covers the topics pertaining to financing new industries and the returns and risk to being an entrepreneur. Part III deals with entrepreneurial capital structure. Part IV discusses business planning, funding and funding gaps in entrepreneurial finance with a focus on credit markets. Part V provides analyses of the main alternative sources of entrepreneurial finance. Part VI considers issues in public policy towards entrepreneurial finance. Part VII considers international differences in entrepreneurial finance, including analyses of entrepreneurial finance in weak institutional environments as well as microfinance.

Author : Margaret Sherrard Sherraden,Cynthia K. Sanders,Michael Sherraden
Publisher : State University of New York Press
Page : 289 pages
File Size : 41,6 Mb
Release : 2012-02-01
Category : Social Science
ISBN : 9780791484661

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Kitchen Capitalism by Margaret Sherrard Sherraden,Cynthia K. Sanders,Michael Sherraden Pdf

Businesses come to life as owners are allowed to speak in their own words in this first in-depth examination of self-employment told from the perspectives of low-income microentrepreneurs. The book systematically analyzes a range of issues, including who chooses to open a micro business, and why; what resources do they bring to their business venture; how well will their venture fare; and what contributes to the growth or decline of their business. The authors conclude that most microentrepreneurs believe self-employment offers a range of monetary and nonmonetary benefits and argue it would be more advantageous to view microenterprise as a social and economic development strategy rather than simply as an anti-poverty strategy. Based on this observation, a range of strategies to better promote microenterprise programs among the poor is advanced, with the goal of targeting the most promising approaches.

Author : Silvio Goglio,Yiorgos Alexopoulos
Publisher : Routledge
Page : 258 pages
File Size : 44,9 Mb
Release : 2013-05-02
Category : Business & Economics
ISBN : 9781136253591

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Financial Cooperatives and Local Development by Silvio Goglio,Yiorgos Alexopoulos Pdf

This book examines the opportunities opened up for financial cooperatives by the recent financial crisis, and explores the role of these institutions in promoting and sustaining local development. The global financial crisis has not only shown the limits of the mainstream theory of markets and rational expectations, but has also generated a great deal of disillusionment with the banking system and underlined the importance of a healthy society for the welfare of the individual. Consequently, new and innovative ways of providing finance are needed, especially for strengthening the development of local societies.

Author : Susan R. Jones
Publisher : American Bar Association
Page : 130 pages
File Size : 53,8 Mb
Release : 2004
Category : Business & Economics
ISBN : 1590312953

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Legal Guide to Microenterprise Development by Susan R. Jones Pdf

Author : Simon C. Parker
Publisher : Cambridge University Press
Page : 919 pages
File Size : 54,6 Mb
Release : 2018-04-03
Category : Business & Economics
ISBN : 9781107170667

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The Economics of Entrepreneurship by Simon C. Parker Pdf

This second edition provides a comprehensive and up-to-date overview of the field of entrepreneurship, principally from an economics perspective.