000 01725nam a2200205| 4500
001 2174029
005 20240731153226.0
010 _a978-0821349533
090 _a2174029
100 _a20240731 ukry50
101 0 _aeng
102 _aUS
200 1 _aThe Microfinance Revolution. Volume 2. Lessons from Endonesia
210 _aWashington DC
_cThe World Bank
_d2002
215 _a463 p.
300 _aThe revolution occurring in finance for low-income people refers to commercial microfinance--the delivery of financial services to the economically active poor on a large scale through competing, financially self-sufficient institutions. 'Lessons from Indonesia', volume 2 of 'The Microfinance Revolution', examines in the Indonesian context the principles and practices of commercial microfinance that were explored and analyzed in volume 1. The first country to develop profitable microfinance on a large scale, Indonesia is home to the world's oldest and largest commercial microfinance institutions, as well as many others. The book examines many financial institutions, with a special emphasis on Bank Rakyat Indonesia's microbanking system, which in the mid-1980s was transformed from a failed subsidized credit program to a nationwide commercial financial intermediary that now profitably provides microfinance services--savings and credit--to more than 20 million people. Commercial microbanking remained stable and profitable in Indonesia even as the country's financial system collapsed during the recent crisis. This volume shows why, and offers crucial lessons for developing countries everywhere.
675 _a336
700 1 _aRobinson
_gMarguerite
_bM.
801 _2unimarc
_aUA
_gpsbo
942 _cBOOK
_8336
_n0