Microfinance in Africa
By: edited by S. Rajagopalan
Edition: 1st ed.
Publisher: Icfai University Press
Published: 2009
Place of publication: Hyderabad, India
Language: eng
Number of pages: 199
ISBN-13: 9788131421215
Subjects: Afrika; Entwicklungsfinanzierung; Klein- und Mittelunternehmen; Mikrofinanzierung; Microfinance; Government policy
Description: "Africa is home to some of the poorest and vulnerable populations in the world. The ten poorest countries in the world are in Africa. Sub-Saharan Africa is the region with the highest incidence and greatest depth of poverty in the world. Fewer than one in five adults in Africa has access to the services of a formal or semi-formal financial institution. Microfinance in Africa is growing, though. A broad range of diverse institutions offer financial services to the poor and low-income clients in Africa. These include non-governmental organizations, non-banking financial institutions, cooperatives, credit unions, rural banks, Rotating Savings and Credit Associations (ROSCAs), postal financial institutions and an increasing number of commercial banks. Increasingly, technology is being used to expand microfinance outreach - mobile phone banking is one such example. This book provides an overview of the microfinance sector in Africa, reviews the performance and impact of microfinance institutions in the region, and outlines some of the opportunities and challenges that African microfinance has on hand."--Back cover.
Notes: Contributed articles; most previously published.

"Icfai books."

Includes index.

Includes bibliographical references.
Table of contents: title: section 1. Introduction; title: section 2. Impact and review; title: section 3. Opportunities and challenges.