Handbook of Microfinance explores mismatch supply and demand financial services



Aug 30, 2011|Book / report | comments -
Only a limited number of clients are currently benefiting from microfinance services, whereas a huge number of potential clients are not. The Handbook of Microfinance, which was published in April 2011, attempts to understand why this enormous gap exists. It showcases an expansive collection of works from leading academics and field practitioners. The selected contributions in this handbook have one common thread:  the prevailing mismatch between demand by clients of microfinance institutions and potential clients selecting themselves out for their demand for a wider array of financial products is not being met.
Book cover “The Handbook of Microfinance”

Image courtesy of World Scientific

The scope of the book is wide. It includes successes and failures, main challenges and debates, methodologies for impact evaluation via random trials, leading trends in Asia versus Latin America, main efforts in Africa, the importance of value chains in Central America, ethical and gender issues, savings, microinsurance, governance, commercialization trends and the potential advantages and disadvantages of it. The book also features main lessons from informal finance and 19th-century credit cooperatives addressing the above-mentioned mismatch.

References

The Handbook of Microfinance. Editors: Beatriz Armendáriz, Marc Labie, Hardcover; 704 pages; April 2011; World Scientific Publishing Company; ISBN 978 98 1429 565 9