Microfinance for Bankers and Investors

This book argues that through inclusive ?nance, companies can make money and help solve the global problem of poverty. By inclusive ?nance,it means an opening access to high-quality ?nancial services to everyone who needs them, especially low-income and previously excluded people. The authors also discuss how micro?nance—until recently a small, close-knit community of institutions offering microloans—is evolving into an essential part of global ?nancial systems and engaging with new private-sector players.Microfinance for Bankers and Investors reveals: Changes in the market allowing for increased private investment in microfinance; New technologies and delivery channels that reduce costs for small transactions; Proven ways to overcome the unique challenges of serving customers at the bottom of the pyramid; Innovative products for grassroots finance, such as mobile phone banking and micro insurance and the extraordinary social value and business sustainability of microfinance