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008 150427e20020701vaua o|||||||| 2|eng|d
020 _a9780821349533
020 _a0821349538 (Trade Paper)
_cUSD 35.00 Retail Price (Publisher)
024 3 _a9780821349533
040 _aBIP US
_dWaSeSS
_dNIC
_dBD-DhAAL
050 0 _aHG178.33.D44R63 2001
082 0 0 _a332.7
_221
100 1 _aRobinson, Marguerite
_eAuthor
_910694
245 1 4 _aThe microfinance revolution,
_nvol. 2 :
_blessons from Indonesia
260 _aWashington :
_bWorld Bank Publications,
_c2002
300 _a1 online resource.
490 _aOther World Bank Bks.
506 _aLicense restrictions may limit access.
520 8 _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.
521 _aScholarly & Professional
_bWorld Bank Publications
650 4 _aFinance
_910695
652 4 _aBusiness & Economics
_xFinance
942 _2ddc
_cBK