Social Purpose, Commercialization, and Innovations in Microfinance: A Global Perspective

This book explores how microfinance institutions have achieved their dual goals over the last twenty years by analyzing three key aspects: social purpose, commercialization, and innovations. It challenges the advocates of innovations and highlights the need for MFIs to be cautious when integrating them to ensure their original promise. The book is based on empirical analysis using global microfinance market data and bridges a gap in knowledge by providing detailed insights into the social purpose, commercialization, and innovations in microfinance.

Format: Paperback / softback
Length: 158 pages
Publication date: 09 March 2023
Publisher: Springer Verlag, Singapore

This comprehensive book delves into the intricate realm of microfinancing, exploring three vital aspects: social purpose, commercialization, and innovations. Through a global lens, it examines how these aspects have influenced and shaped microfinance institutions over the past two decades, contributing to their pursuit of dual goals. Recognizing that microfinance operates predominantly in an informal context, the book raises a crucial challenge to advocates of financial innovations, emphasizing the need for caution when integrating them to preserve the original promise of microfinance.

Drawing on extensive empirical analysis utilizing the latest and global microfinance market data, the book fills a knowledge gap by providing a detailed exploration of social purpose, commercialization, and innovations within the field of microfinance. It serves as a valuable resource for scholars and practitioners interested in understanding the dynamics of innovations in this rapidly evolving sector.

The book's chapters are organized in a logical and accessible manner, making it easy to navigate the complex terrain of microfinance. Each chapter begins with an introduction that sets the stage for the subsequent discussions, highlighting the key themes and questions addressed. The chapters are further enriched with case studies, examples, and empirical evidence, providing a concrete understanding of the challenges and opportunities faced by microfinance institutions.

In conclusion, this book is a must-read for anyone interested in the field of microfinance. It offers a comprehensive and insightful analysis of the key aspects that have shaped the sector, providing valuable insights into the past, present, and future of microfinance. By examining the interplay between social purpose, commercialization, and innovations, the book contributes to our understanding of how microfinance can continue to evolve and thrive, ultimately reaching its full potential to empower individuals and communities worldwide.

Weight: 296g
Dimension: 235 x 155 (mm)
ISBN-13: 9789811902192
Edition number: 1st ed. 2022