Microfinance in Developing Countries
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Microfinance in Developing Countries: Issues, Policies and Performance Evaluation

Microfinance in Developing Countries: Issues, Policies and Performance Evaluation


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About the Book

Microfinance in developing countries is a collection of studies by leading researchers in the field of microfinance. It discusses key issues that the rapidly growing microfinance industry currently faces. It offers interesting views and innovative analysis of topical matters concerning impact, performance, challenges and innovations in the microfinance realm. Issues relating to impact include measurement problems; the debate of multiple versus single assessment criteria; and the question of whether microfinance institutions are effective in delivering the microfinance promise. Issues relating to performance include the ongoing debate over the balance between social and financial performance; performance measures; and the controversy over mission drift. Issues relating to the challenges faced by the microfinance industry include the problem of over-indebtedness; improving agricultural microfinance; and assessing the role of local culture in the design of an effective microfinance sector. Lastly, topical issues relating to innovations include assessment of technological and financial innovations and the application thereof as well as the continued expansion of microfinance beyond microcredit in developing countries. Together these issues provide an overview of microfinance as it stands today and point to the direction in which it is heading.

Table of Contents:
List of Tables and Figures About the editors About the contributors Dilemmas and Directions in Microfinance Research Ronny Manos, Jean-Pierre Gueyie & Jacob Yaron Microfinance and Microenterprises' Financing Constraints in Eastern Europe and Central Asia Valentina Hartarska, Denis Nadolnyak & Thomas McAdams Through the Thicket of Credit Impact Assessments Dale W. Adams & Robert C. Vogel Assessing Microfinance: Striking the Balance between Social Utility and Financial Performance Florent Bedecarrats & Cecile Lapenu Earnings Quality in the Microfinance Industry Leif Atle Beisland & Roy Mersland Culture and Governance in Microfinance: Desa Pakraman and Lembaga Perkreditan Desa in Bali Hans Dieter Seibel Crowd Empowered MicroFinance Dan Marom From a Supply Gap to a Demand Gap? The Risk and Consequences of Over-indebting the Underbanked Jessica Schicks Financing Businesses in Africa: The Role of Microfinance Shilpa Aggarwal, Leora Klapper & Dorothe Singer Microfinance and Agriculture: Challenges, Successes, Prospects Richard L. Meyer

About the Author :
JEAN-PIERRE GUEYIE is an Associate Professor in the School of Business Administration, University of Quebec in Montreal. He received a Ph.D. degree from Laval University, (Quebec, Canada). His research interests are in financial institutions management, financial risk management, corporate governance and development economics. Doctor Gueyie has published numerous papers in referred scientific journals, and has served as a Consultant in microfinance for the International Research and Development Centre (IRDC) and for the World Bank. RONNY MANOS received her PhD from Birmingham Business School, University of Birmingham in England and is currently a lecturer in finance. She has published articles in refereed journals and chapters in books in the areas of corporate finance, microfinance and market microstructure. She also co-edited a special issue on microfinance and banking services in Emerging Economies for the International Journal of Financial Services Management. Manos' current research is broadly focused on the effect of corporate social action on financial performance. She is affiliated with the School of Management, Cranfield University, UK, and with the School of Business Administration, the College of Management Academic Studies, Israel. JACOB YARON is the author of many articles on the issues of development finance, rural and agricultural finance and microfinance. He has provided advice on related matters to the World bank, the Inter American Development Bank, FAO, GTZ, USAID, DFID and other development agencies. He has developed two primary performance assessment criteria of outreach and financial sustainability for development finance institutions. Financial sustainability is assessed by applying the Subsidy Dependence Index (SDI) which measures the level of independence from subsidy of financial institutions that benefit from public support. Presently he is affiliated with the School of Business Administration, The College of Management Academic Studies, Israel.


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Product Details
  • ISBN-13: 9781137301925
  • Publisher: Palgrave MacMillan
  • Binding: Digital (delivered electronically)
  • ISBN-10: 1137301929
  • Publisher Date: 25 Jan 2013
  • Sub Title: Issues, Policies and Performance Evaluation


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