Microfinance for Bankers and Investors: Understanding the Opportunities and Challenges of the Market at the Bottom of the Pyramid
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 povertyallev...more
Microlending isn’t just a feel-good concept, writes Elisabeth Rhyne in this thorough study of the microfinance industry. It’s also an untapped source of both profits and social progress. A veteran of the microfinance field, Rhyne persuasively argues that making loans of a few hundred dollars can be a viable business model. While she’s a proponent of microlending, Rhyne doesn’t ignore the business’s risks and pitfalls. Instead, she s ...more