Microfinance for Entrepreneurial Development

Sustainability and Inclusion in Emerging Markets

Editors: Cumming, D., Dong, Y., Hou, W., Sen, B. (Eds.)

  • Provides an accessible, analytical road map for understanding the recent development and challenges of microfinance
  • Describes how people achieve financial empowerment through entrepreneurship
  • Considers the effects of microfinance at the individual and organizational levels
  • Promotes policies inclusive of marginalized groups
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eBook $99.00
price for USA (gross)
  • ISBN 978-3-319-62111-1
  • Digitally watermarked, DRM-free
  • Included format: EPUB, PDF
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover $129.00
price for USA
  • ISBN 978-3-319-62110-4
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
About this book

This edited collection presents recent developments, practical innovations, and policy reforms in the realm of microfinance in emerging markets. Microfinance has been hotly debated by ever-colliding camps of ardent supporters, who believe that microfinance addresses credit market failures and provides a durable answer to the problem of the poverty, and staunch critics, who argue that lending by microfinance institutions is wasteful, and the interest rates are too high. To bring further insight into this important debate, this book presents comprehensive historical, political, and economic perspectives on the latest issues in microfinance. An impressive array of scholars and practitioners build a framework for thinking about regulation to drive sustainable, inclusive development. With case studies of programs in India, Ghana, and Bangladesh, and examinations of the effects of gender and religion on financial decision-making, this comprehensive collection offers something valuable to scholars, policymakers, and practitioners—anyone with a vested interest in promoting innovation in microfinance.

About the authors

Douglas Cumming is Professor of Finance and Entrepreneurship and Ontario Research Chair at the Schulich School of Business, York University, Canada. 
Yizhe Dong is Senior Lecturer (Associate Professor) in Finance at University of Aberdeen, UK.
Wenxuan Hou is Chair of Corporate Finance at the University of Edinburgh Business School, UK.
Binayak Sen is Senior Research Fellow at the International Food Policy Research Institute (IFPRI) in Washington, DC, USA. 

Table of contents (10 chapters)

  • The End of Imagination? Understanding New Developments in Microfinance

    Cumming, Douglas (et al.)

    Pages 1-22

  • The Influence of Formal and Informal Institutions on Microcredit: Financial Inclusion for Micro-Entrepreneurs by Lender Type

    Newman, Alexander (et al.)

    Pages 23-52

  • Microfinance for Entrepreneurial Development: Study of Women’s Group Enterprise Development in India

    Kumar, K. Naveen

    Pages 53-71

  • Perception of Microfinance Debtors and Loan Officers on the Importance of Entrepreneurial and Business Skills for Loan Repayment Rates

    Agbeko, Daniel (et al.)

    Pages 73-85

  • Choice of Finance in an Emerging Market: The Impact of Independent Decisions, Politics and Religion

    Davutyan, Nurhan (et al.)

    Pages 87-105

Buy this book

eBook $99.00
price for USA (gross)
  • ISBN 978-3-319-62111-1
  • Digitally watermarked, DRM-free
  • Included format: EPUB, PDF
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover $129.00
price for USA
  • ISBN 978-3-319-62110-4
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
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Bibliographic Information

Bibliographic Information
Book Title
Microfinance for Entrepreneurial Development
Book Subtitle
Sustainability and Inclusion in Emerging Markets
Editors
  • Douglas Cumming
  • Yizhe Dong
  • Wenxuan Hou
  • Binayak Sen
Copyright
2017
Publisher
Palgrave Macmillan
Copyright Holder
The Editor(s) (if applicable) and The Author(s)
eBook ISBN
978-3-319-62111-1
DOI
10.1007/978-3-319-62111-1
Hardcover ISBN
978-3-319-62110-4
Edition Number
1
Number of Pages
XVIII, 224
Number of Illustrations and Tables
8 b/w illustrations
Topics