Title:
Microfinance : yesterday, today and tomorrow
Authors:
Sapienza, S.
Year:
2010
Serial number:
2
Journal:
Spanda Journal : quarterly of the Spanda Foundation
Volume:
I
Pages:
29
-
31
ISSN:
[2210-2175]
Language:
eng
Subject:
Economic Development and Trade
Keywords:
credit
,
ethics
,
finance
,
markets
,
poverty
Abstract:
The author considers the traditional features of microfinance and microcredit and identifies a new definition of microfinance in relation to the different characteristics of supply and demand. She illustrates a possible future scenario for the microfinance market characterised by stronger cooperation among stakeholders, international donors, governmental bodies, both national and local, financial intermediaries, NGOs and MFIs. Each using its respective skills and institutional objective can play a crucial role in fostering the effectiveness of microfinance programmes and in supporting ethical sustainability.
Organization:
Spanda Foundation
Category:
General
Right:
© 2010 Spanda Foundation
Document type:
E-article
File:
188459.pdf