The Economics of Microfinance, 2nd edition

Beatriz Armendáriz and Jonathan Morduch
Cambridge, MA: MIT Press.

Contents:

1 Rethinking Banking 

2 Why Intervene in Credit Markets? 

3 Roots of Microfinance: ROSCAs and Credit Cooperatives

4 Group Lending

5 Beyond Group Lending

6 Savings and Insurance

7 Gender

8 Commercialization and Regulation

9 Measuring Impacts

10 Subsidy and Sustainability

11 Managing Microfinance 

Wagner Faculty
Financial Access Initiative