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The economics of microfinance

Author: Beatriz Armendáriz; Jonathan Morduch
Publisher: Cambridge, Mass : MIT Press, ©2010.
Edition/Format:   Print book : English : 2nd edView all editions and formats
Summary:
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  Read more...
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Material Type: Internet resource
Document Type: Book, Internet Resource
All Authors / Contributors: Beatriz Armendáriz; Jonathan Morduch
ISBN: 9780262014106 9780262513982 0262014106 0262513986
OCLC Number: 695853877
Description: xix, 468 Seiten : Illustrationen
Responsibility: Beatriz Armendáriz and Jonathan Morduch.

Abstract:

An accessible analysis of the global expansion of financial markets in poor communities, incorporating the latest thinking and evidence.  Read more...

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Praise for the first edition: An excellent analysis of the evolution of microfinance and the economic theory behind it...Though the style is that of a textbook, including exercises and numerical Read more...

 
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