Microfinance and the Knowledge Paradigm


Categories:
Subtitle: 
Overcoming Barriers to Commercial Downscaling
Author: 
Speir, Ian S.

Microfinance has proven to be an effective tool in promoting sustainable economic development in the poverty-stricken Third World. Recently, it has also shown itself to be a viably profitable enterprise. Large commercial banks have begun to enter the microfinance sector by “downscaling” their services such as lending and savings accounts to low-income clients.

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2007_annual_03_Microfinance_and_the_Knowledge_Paradigm.pdf305.93 KB

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