1. Global microscope on the microfinance business environment 2012
- Publication Date:
- 10-2012
- Content Type:
- Working Paper
- Institution:
- Economist Intelligence Unit
- Abstract:
- The last few years have presented a series of challenges and learning opportunities for the microfinance sector. During the last few decades the microfinance industry experienced substantial growth, but eventually this resulted in market saturation, a rise of The last few years have presented a series of challenges and learning opportunities for the microfinance sector. During the last few decades the microfinance industry experienced substantial growth, but eventually this resulted in market saturation, a rise of non-performing loans and multiple lending across a few key markets. The global financial crisis then increased the focus on risk management, corporate governance and regulatory capacity. Most recently, the Andhra Pradesh microfinance credit crisis that unfolded in India has raised serious questions about the viability of microfinance as a valid development modality.
- Topic:
- Economics, Globalization, International Trade and Finance, Poverty, Financial Crisis, and Governance
- Political Geography:
- Andhra Pradesh