Microfinance for bankers and investors : understanding the opportunities and challenges of the market at the bottom of the pyramid

Bibliographic Information

Microfinance for bankers and investors : understanding the opportunities and challenges of the market at the bottom of the pyramid

Elisabeth Rhyne

McGraw-Hill, c2009

  • : hbk

Available at  / 6 libraries

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Note

Includes bibliographical references (p. 299-315) and index

Description and Table of Contents

Description

What promise did Sequoia Capitalrecognize in SKS microfinance (India)that it had also seen in Apple, Oracle, andGoogle? Why would Vodafone help distributemoney via cell phones for millionsof Kenyans? How did a Mexican retailer createa financial-services empire, Banco Azteca,that would serve eight million borrowers infive years? From its origins as a nonprofit povertyalleviation strategy, microfinance has becomea viable business model for providing financialservices to the poor in ways that allow forboth social responsibility and profit, even inthe midst of economic turmoil. Longtime microfinance expert ElisabethRhyne and her team guide readers throughthe landscape of financial-inclusion opportunities,providing lessons from companiesaround the world that are leading the wayin earning profits while addressing globalpoverty. Microfinance for Bankers and Investors reveals: Changes in the market allowingfor increased private investmentin microfinanceNew technologies and deliverychannels that reduce costs forsmall transactionsProven ways to overcome the uniquechallenges of serving customersat the bottom of the pyramidInnovative products for grassrootsfinance, such as mobile phonebanking and microinsuranceThe extraordinary social value andbusiness sustainability of microfinance Microfinance for Bankers and Investors breaksnew ground by showing how microfinanceattracts top organizations to engage indouble and triple bottom-line businessactivities. With deep insight and clear vision,it examines the unique opportunities andchallenges of providing financial services forlow-income people. Inclusive finance gives companies the prospectof aligning social values with long-termbusiness strategies. Microfinance for Bankersand Investors offers the facts and insights youneed to enter this fast-growing market withconfidence.

Table of Contents

Preface Introduction Chapter 1. Understanding the BOP Market Chapter 2. The Four Challenges of the BOP Market Chapter 3. Product Design for BOP Clients Chapter 4. Three Products: Insurance, Housing Finance and Remittances Chapter 5. Corporate Choices Chapter6. Commercial Banks as Microlenders Chapter 7. Models of Micro-Insurance Chapter 8. Retailers as Channels Chapter 9. Financing Inclusive Finance Chapter 10. Financial Infrastructure Chapter 11. Payments Technologies Reduce Costs and Increase Convenience Chapter 12 Approaches to Social Responsibility Chapter13 Measuring the Social Bottom Line

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