Abstract
By the end of this chapter, you should be able to:
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• define and provide an overview of microfinance
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• discuss the importance of microfinance
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• explain the operations of microfinance institutions
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• show the sustainability of microfinance institutions
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• discuss the lending models and the credit risk management of microfinance institutions
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• identify the challenges confronting microfinance institutions
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• illustrate how banks participate in the microfinance market
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Bibliography
Armendariz, B., & Morduch, J. (2010). The economics of microfinance. Cambridge, MA: Massachusetts Institute of Technology (MIT).
Robinson, M. (2001). The microfinance revolution, volume 1: Sustainable finance for the poor. Washington, DC: The World Bank.
Rogarly, B., Fisher, T., & Mayo, E. (1999). Poverty, social exclusion and microfinance in Britain. London: Oxfam.
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Abor, J.Y. (2017). Microfinance Intervention. In: Entrepreneurial Finance for MSMEs. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-319-34021-0_6
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DOI: https://doi.org/10.1007/978-3-319-34021-0_6
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Publisher Name: Palgrave Macmillan, Cham
Print ISBN: 978-3-319-34020-3
Online ISBN: 978-3-319-34021-0
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