Год выпуска: 2010 Автор: Miguel Delfiner and Silvana Peron Издательство: LAP Lambert Academic Publishing Страниц: 76 ISBN: 9783838326412
Описание
The term “microfinance” (MF) refers to the provision of banking services to lower-income people, especially the poor. Microfinance institutions (MFIs) have been the first to identify the large unserved demand for microcredit in developing countries, develop methodologies for delivering and recovering small loans, and begin credit programs for the poor. Given their nature, though, MFIs can normally meet only a fraction of the demand for microloans in their service areas. Commercial banks have begun to see MF as a potentially profitable business and are starting to venture into this field. This approach to MF (known as “downscaling") is different from that of “upgrading” or transforming MFIs into regulated institutions. Evidence is currently showing that financial institutions can profitably attend MF needs on a massive scale. We explore the main aspects and future outlook in connection with commercial banks provision of MF services. A review is made of the incentives and disincentives...
