Microfinance: A View from the Fund
Prepared by the Monetary and Financial Systems Department With contributions from the African, Policy Development and Review, and Research Departments Approved by Stefan Ingves January 25, 2005 Microfinance institutions (MFIs) offer a promising alternative for broadening the reach of financial services to the poor, especially in developing countries. MFIs seek to provide small-scale loans and other financial services to low income individuals and informal businesses. The size and scope of the microfinance industry has been expanding quickly, and is expected to grow further as the demand for financial services by the poor remains largely unmet...
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Microfinance: A View from the Fund
Prepared by the Monetary and Financial Systems Department With contributions from the African, Policy Development and Review, and Research Departments Approved by Stefan Ingves January 25, 2005 Microfinance institutions (MFIs) offer a promising alternative for broadening the reach of financial services to the poor, especially in developing countries. MFIs seek to provide small-scale loans and other financial services to low income individuals and informal businesses. The size and scope of the microfinance industry has been expanding quickly, and is expected to grow further as the demand for financial services by the poor remains largely unmet...
