Transforming Microfinance Institutions

Author : Joanna Ledgerwood,Victoria White
Publisher : World Bank Publications
Page : 566 pages
File Size : 44,7 Mb
Release : 2006-08-30
Category : Business & Economics
ISBN : 0821366165

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Transforming Microfinance Institutions by Joanna Ledgerwood,Victoria White Pdf

In response to a clear need by low-income people to gain access to the full range of financial services including savings, a growing number of microfinance NGOs are seeking guidelines to transform from credit-focused microfinance organizations to regulated deposit-taking financial intermediaries. In response to this trend, this book presents a practical 'how-to' manual for MFIs to develop the capacity to become licensed and regulated to mobilize deposits from the public. 'Transforming Microfinance Institutions' provides guidelines for regulators to license and regulate microfinance providers, and for transforming MFIs to meet the demands of two major new stakeholders regulators and shareholders. As such, it focuses on developing the capacity of NGO MFIs to mobilize and intermediate voluntary savings. Drawing from worldwide experience, it outlines how to manage the transformation process and address major strategic and operational issues inherent in transformation including competitive positioning, business planning, accessing capital and shareholders, and how to 'transform' the MFI's human resources, financial management, MIS, internal controls, and branch operations. Case studies then provide examples of developing a new regulatory tier for microfinance, and how a Ugandan NGO transformed to become a licensed financial intermediary. This book will be invaluable to regulators and microfinance NGOs contemplating institutional transformation and will be of tremendous use to donors and technical support agencies supporting MFIs in their transformation.

Author : Nimal A. Fernando
Publisher : Asian Development Bank
Page : 48 pages
File Size : 46,6 Mb
Release : 2004
Category : Business & Economics
ISBN : 9789715615419

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Micro Success Story? by Nimal A. Fernando Pdf

The study examines the ownership structure, expectations, and achievements of microfinance institutions that have been established by transforming nongovernment organizations (NGOs) in Africa, Asia, and Latin America. Although the number of such institutions is low, they have had a catalytic effect and major influence on the microfinance industry.

Author : Deborah Drake,Elisabeth Rhyne
Publisher : Unknown
Page : 344 pages
File Size : 42,9 Mb
Release : 2002
Category : Business & Economics
ISBN : UOM:39015055088762

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The Commercialization of Microfinance by Deborah Drake,Elisabeth Rhyne Pdf

* Addresses key issues related to bringing microfinance into the commercial realm * Written by prominent practitioners and scholars from a variety of organizations 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. Prepared by ACCION, this book will be essential reading for anyone interested in understanding how the world of microfinance is changing, and how that world affects the broader processes of development.

Author : Nicole Tode
Publisher : Ibidem Press
Page : 148 pages
File Size : 50,9 Mb
Release : 2013
Category : Business & Economics
ISBN : 3838204948

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Transforming Microfinance Institutions by Nicole Tode Pdf

Nicole Tode evaluates the possible institutional development of Moroccan microcredit associations which intend to transform themselves from the status of non-governmental institutions (NGOs) into regulated microfinance banks. Such a transformation might increase their asset base, number of clients, average loan balance, and outreach, thus having a positive impact on microcredits in Morocco. The study, for which a comprehensive number of data sets from the microfinance information exchange (MIX) database was meticulously analyzed, addresses everybody dealing with or interested in the challenging situation NGO microfinance institutions find themselves in when planning to become commercial banks.

Author : Makonen Getu
Publisher : Regnum Resources for Mission
Page : 0 pages
File Size : 49,6 Mb
Release : 2014
Category : Religion
ISBN : 1625646135

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Transforming Microfinance by Makonen Getu Pdf

Author : Ira W. Lieberman,Paul DiLeo,Todd A. Watkins
Publisher : Brookings Institution Press
Page : 493 pages
File Size : 46,7 Mb
Release : 2020-06-30
Category : Business & Economics
ISBN : 9780815737643

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The Future of Microfinance by Ira W. Lieberman,Paul DiLeo,Todd A. Watkins Pdf

A major source of financing for the poor and no longer a niche industry Over the past four decades, microfinance—the provision of loans, savings, and insurance to small businesses and entrepreneurs shut out of traditional capital markets—has grown from a niche service in Bangladesh and a few other countries to a significant global source of financing. Some 200 million people globally now receive support from microfinance institutions, with most of the recipients in the developing world. In the beginning, much of the microfinance industry was managed by non-governmental organizations, but today the majority of these institutions are commercial and regulated by governments, and they provide safe places for the poor to save, as well as offering much-needed capital and other financial services. Now out of infancy, the microfinance industry faces major challenges, including its ability to deal with mobile banking and other technology and concerns that some markets are now over-saturated with microfinance. How the industry deals with these and other challenges will determine whether it will continue to grow or will be subsumed within the larger global financial sector. This book is based on the results of a workshop at Lehigh University among thirty-four leaders in the industry. The editors, working with contributions from more than a dozen leading authorities in the field, tell the important story of how microfinance developed, how it has met the needs of hundreds of millions of people, and they address key questions about how it can continue to meet those needs in the future.

Author : Srimoyee Datta,Tarak Nath Sahu
Publisher : Springer Nature
Page : 215 pages
File Size : 55,9 Mb
Release : 2023-08-28
Category : Business & Economics
ISBN : 9789819941414

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Financial Inclusion and Livelihood Transformation by Srimoyee Datta,Tarak Nath Sahu Pdf

This book explores the role and effect of Microfinance Institutions (MFIs) with different dimensions. It is being supported with strong empirical evidence into various parameters of MFIs directed towards inclusive finance and the transformation journey of livelihoods of its beneficiaries. It also incorporates empirical evidence with the perception of both beneficiaries and non-beneficiaries. Starting its journey toward the path of comprehending how MFIs make their footprint among the excluded population in the selected areas, it incorporates the different outcomes of MFI lending like credit utilisation patterns, income generation, and employability. As financial stability helps to break out the vicious cycle of poverty, this book emphasises the self-dependent element for the beneficiaries and their households. It addresses the important issue of the female counterparts in society. It shows how the MFIs work actively to generate female empowerment from multiple dimensions among the selected communities. It addresses key issues to consider for inclusive policy formulation, especially for backward communities in the backward areas and gives a realistic scenario of the MFI activities, their interactions with the respondents, the various outcomes, and areas for further developments, etc. This book is beneficial for academicians, researchers, and policymakers.

Author : Joanna Ledgerwood
Publisher : World Bank Publications
Page : 302 pages
File Size : 55,5 Mb
Release : 1998-12-01
Category : Business & Economics
ISBN : 9780821384312

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Microfinance Handbook by Joanna Ledgerwood Pdf

The purpose of the 'Microfinance Handbook' is to bring together in a single source guiding principles and tools that will promote sustainable microfinance and create viable institutions.

Author : Makonen Getu
Publisher : Unknown
Page : 289 pages
File Size : 42,7 Mb
Release : 2013
Category : Microfinance
ISBN : 1911372580

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Transforming Microfinance by Makonen Getu Pdf

A unique book which chronicles the revealing 'story' of microfinance, captures the rich diversity of the industry and explores the invaluable contribution of the Christian faith to this vibrant and fast-growing multi-billion dollar global business.

Author : R. Mersland,Ø. Strøm
Publisher : Springer
Page : 300 pages
File Size : 46,8 Mb
Release : 2014-12-10
Category : Business & Economics
ISBN : 9781137399663

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Microfinance Institutions by R. Mersland,Ø. Strøm Pdf

Research on MFI performance is still in its infancy. MFIs are hybrid organizations with dual objectives. Performance studies in microfinance are therefore less straightforward compared to performance studies in traditional banking research. This book contains new MFI performance research by top scholars from across the globe.

Author : Todd A Watkins
Publisher : World Scientific Publishing Company
Page : 472 pages
File Size : 47,6 Mb
Release : 2018-04-09
Category : Business & Economics
ISBN : 9789813140752

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Introduction to Microfinance by Todd A Watkins Pdf

Author : R. H. Schmidt,H. D. Seibel,P. Thomes
Publisher : John Wiley & Sons
Page : 392 pages
File Size : 45,5 Mb
Release : 2016-09-19
Category : Business & Economics
ISBN : 9783527508020

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From Microfinance to Inclusive Finance by R. H. Schmidt,H. D. Seibel,P. Thomes Pdf

Once praised as a panacea to overcome poverty microfinance has had to face harsh criticism because of painful failures and unfulfilled expectations. Still many people in particular in rural regions do not have any access to formal financial services, many microfinance institutions are weak, and others rather exploit their clients driving them into over indebtedness than helping them out of poverty. What should microfinance achieve? Can it help to build up inclusive financial systems allowing access to basic financial services for everybody? The historic templates for this book are the German Sparkassen and Cooperative banks that have a strong track record of development and growth spanning over 200 years. For obvious reasons their results cannot be transferred directly into specific solution options to today's challenges in developing countries. Nevertheless the coming into existence of Sparkassen and Cooperative banks can well be seen as part of a period of revolutionary developments in the European economic and social landscape, which can be viewed as analogous to the transformation that emerging economies are undergoing today. While Europe faced dramatically changing living conditions during the period of industrialization these newly creatd banks made change possible by unequivocally including the lower class population in the transformationby providing access to savings and loans. And it is this is parallel - even in the face of the many differences - which is why their development and success deserves careful consideration today. The authors' approach differsfrom other explorations by specifically adopting an interdisciplinary strategy. They take into account past developments as well as current global ones from a historical, social science and economic point of view. Analysis and the interpretation of data is supported by case studies to illustrate their considerations. The authors identify general parameters both for failure and for success and also indicate how to optimize existing potentials - both for institutions and policy makers. As a result of this interdisciplinary work the authors advance an inclusive stylised facts based model. The will to build up institutions, to adhere to corporate social responsibility and creating conducive legal frameworks form the basic conditions for success. More specifically, the guiding principles of these successful business models are a fair savings and credit policy, the promotion of capital transfers without reference to class and gender, a focus on business activities in a well defined region, decentralized organizational structures combined with national networks which avoid regional capital drains and the securing of economies of scale and scope. Llast but not least is the centrality of objectives beyond that of the sheer maximisation of profits.

Author : Ananda S.,Dharmendra Singh
Publisher : Springer Nature
Page : 343 pages
File Size : 47,5 Mb
Release : 2021-10-04
Category : Business & Economics
ISBN : 9789811626524

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Financial Inclusion in Emerging Markets by Ananda S.,Dharmendra Singh Pdf

This book discusses ideas for stakeholders to develop strategies to access and use financial products and services such as deposits, loans, and fund transfer mechanism, insurance, payment services, and intermediaries, distribution channels at economical prices in order to cater to the needs of the poor and underprivileged people. Financial inclusion ensures ease of access, availability, and usage of the financial products and services to all the sections of the society. The book will help in recognizing the role of financial inclusion as one of the main drivers in reducing income inequality and thus supporting sustainable economic growth of the countries, especially of an emerging economy. The book provides conceptual and practical ideas from the practitioners, best practices from the experts, and empirical views from the researchers on the best practices and how to mitigate the challenges and issues plaguing the development of the financial inclusion.

Author : Craig Farren Churchill,Cheryl Frankiewicz
Publisher : International Labour Organization
Page : 452 pages
File Size : 50,8 Mb
Release : 2006
Category : Business & Economics
ISBN : 9789221186571

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Making Microfinance Work by Craig Farren Churchill,Cheryl Frankiewicz Pdf

This training manual provides an overview of the key management principles necessary to optimize the services of microfinance institutions (MFIs) and brings together useful lessons from numerous MFIs worldwide to help managers strengthen the performance of their unit, branch or institution.Either used alone, or as part of a management training course, Making Microfinance Work offers various tools and advice. The markets and marketing of MFIs are examined and looks at the different ways in which managers can communicate the value of their products and services. It introduces effective methods for enhancing efficiency and productivity which minimize the trade-offs MFIs invariably face as they try to provide services over the long term.The topic of managing risks is also covered. This manual offers strategies to prevent risk from occurring and, if it does occur, explains how to rectify the situation. Practical techniques for allocating costs and determining prices are also highlighted, as well as the importance of plans, budgets and reports. Illustrations and case studies are used to assist managers in applying the concepts outlined in the text. An extensive list of additional reading and useful Internet resources is also provided

Author : Alhassan, Yahaya,Nwagbara, Uzoechi
Publisher : IGI Global
Page : 288 pages
File Size : 46,8 Mb
Release : 2023-01-20
Category : Social Science
ISBN : 9781668456491

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Transforming Economies Through Microfinance in Developing Nations by Alhassan, Yahaya,Nwagbara, Uzoechi Pdf

Following the positive impact of microfinance on poverty reduction, women empowerment, and microenterprise development in some countries in Asia and Africa, a huge amount of time has been devoted by researchers to understanding how this concept can be used as a catalyst for transforming and sustaining the economies of developing and emerging countries. Though there are a few books on the role of microfinance in reducing poverty in developing countries across world, there is no specific book that explores the role of microfinance in transforming and sustaining economies of developing and emerging countries. Transforming Economies Through Microfinance in Developing Nations seeks to explore how the provision of microfinance to individuals and groups can contribute to the economic transformation and sustainability of the economies of developing and emerging countries. Covering key topics such as climate change, entrepreneurship, and rural development, this reference work is ideal for government officials, entrepreneurs, policymakers, researchers, academicians, practitioners, scholars, instructors, and students.