From Microfinance to Inclusive Finance: Why Local Banking Works

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Once praised as a panacea to overcome poverty microfinance has had to face harsh criticism because of painful failures and unfulfilled expectations. Still many people in particular in rural regions do not have any access to formal financial services, many microfinance institutions are weak, and others rather exploit their clients driving them into over indebtedness than helping them out of poverty. What should microfinance achieve? Can it help to build up inclusive financial systems allowing access to basic financial ...

From Microfinance to Inclusive Finance: Why Local Banking Works 2016, Blackwell Verlag GmbH, Berlin

ISBN-13: 9783527508020

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