Financial crisis: lessons from microfinance
β Scribed by Constantinou, Dinos (author);Ashta, Arvind (author)
- Publisher
- Wiley
- Year
- 2011
- Tongue
- English
- Weight
- 521 KB
- Volume
- 20
- Category
- Article
- ISSN
- 1086-1718
- DOI
- 10.1002/jsc.895
No coin nor oath required. For personal study only.
π SIMILAR VOLUMES
The authors cite evidence that loan disbursements by Grameen increased more than threefold between 1991 and 1994. The rapid expansion in lending occurred with the introduction of seasonal loans in addition to the regular general loans, which facilitated internal cross financing.
Several examples of 'graduation' of microfinance institutions into the regulated financial system are found in Latin America. Although the best-known case is that of Ban-coSol in Bolivia, others have followed with less notoriety, either because they are too recent to allow an assessment of their reg