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ABOUT THE BOOK

As microfinance is increasingly being absorbed into broader debates on financial inclusion and sustainable development, there is a growing number of professionals operating in international relations and development who are often confronted with sweeping statements about the alleged benefits and risks of microfinance. This book provides a concise introduction to microfinance – the key issues, debates, research agenda and public policy relevance.

Illustrated by real-life examples, the book’s sections also highlight key publications and data sources and identify gaps for future research. The book will be an invaluable resource both for development economists and for scholars in neighbouring disciplines who need to get up to speed quickly on the current debates and research in microfinance.

TABLE OF CONTENTS

List of figures; List of tables; Preface; Acknowledgements; Acronyms; Chapter 1. Microfinance: common views and preconceived ideas; Chapter 2. Microfinance: a response to market failure; Chapter 3. The demand for microfinance; Chapter 4. Products and services; Chapter 5. Methods and techniques; Chapter 6. Microfinance institutions; Chapter 7. Investing in microfinance; Chapter 8. Subsidies; Chapter 9. Microfinance markets; Chapter 10. Public policy; Chapter 11. Impact; Chapter 12. What next?; References; Index