Preface. 10. Metamorphosis from NGO to Commercial Bank: The Case of Bancosol in Bolivia, 11. Financial Innovation in Indonesia: BKK, KURK and the BRI Unit DESAS, 12. Credit for the Poor in Bangladesh: The BRAC Rural Development Programme and the Government THANA Resource Development and Employment Programme, 13. Mutual Finance and the Poor: The Federation of Thrift and Credit Co-operatives (SANASA) in Sri Lanka, 14. India: The Regional Rural Banks, 15. Financing the JUA KALI Sector in Kenya, 16. Rural and Agricultural Credit in Malawi: A Study of the Malawi Mudzi Fund and the Smallholder Africultural Credit Administration, Bibliography

Hulme David (University of Manchester,UK),Paul Mosley

Over the last decade, the theory that poverty in the world's poorest regions could be alleviated by providing small loans to micro-entrepreneurs has become increasingly popular. This volume examines the effectiveness of this theory when put into practice. The book presents empirical evidence drawn from comparative experiences in seven developing countries and produces some startling conclusions. This work should be essential reading for all those interested in development, poverty-reduction, social welfare and finance. Volume One provides a detailed analysis of this theory and offers policy recommendations for practitioners in the field.