The microfinance revolution : Sustainable finance for the poor

Around the world, a revolution is occurring in finance for low-income people. The microfinance revolution refers to the delivery of financial services to the economically active poor on a large scale through competing financially self-sufficient institutions. In a few countries this has already happened;in others it is under way. The emerging micro finance industry has profound implications for social and economic development. For the first time in history, capital is well on its way to being democratized. The Micro finance Revolution, in three volumes, is aimed at a diverse readership - economists, bankers, policy makers, donors, and social scientists, micro finance practitioners and specialists in local finance and rural and urban development, and members of the general public interested in development.