The Economics of Microfinance, second edition (Mit Press)
by Jonathan Morduch, Beatriz Armendariz
A comprehensive analysis of microfinance economics, covering lending models, poverty impact, and institutional sustainability with updated research and case studies.
About This Book
The Economics of Microfinance examines the principles and practice of providing financial services to low-income clients.
The book analyzes the economic rationale behind microfinance and its effects on poverty reduction and development.
Readers will find discussions of lending models, interest rates, and institutional sustainability.
The second edition incorporates new research and updated case studies from global microfinance institutions.
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