Microfinance for Bankers and Investors

In this summary you will learn

• Why microfinance matters and how it works
• How it opens opportunities in the “bottom of the pyramid” (BOP) market
• How to approach this market

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Why you should read Microfinance for Bankers and Investors

Microlending isn’t just a feel-good concept, writes Elisabeth Rhyne in this thorough study of the microfinance industry. It’s also an untapped source of both profits and social progress. A veteran of the microfinance field, Rhyne persuasively argues that making loans of a few hundred dollars can be a viable business model. While she’s a proponent of microlending, Rhyne doesn’t ignore the business’s risks and pitfalls. Instead, she serves up detailed advice for analyzing the market and avoiding failures. Rhyne deftly sprinkles real-world examples of borrowers and lenders into her study. getAbstract recommends her book to entrepreneurs seeking opportunities to make money from – and extend a hand to – the globe’s billions of poor people.

About the Author

Elisabeth Rhyne is the managing director of the Center for Financial Inclusion at ACCION International. She has written four books about microfinance, including Mainstreaming Microfinance.