Role reversal: Public and Private Funders in microfinance

Julie Abrams and Damian von Stauffenberg

A chapter in Moving Beyond Storytelling: Emerging Research in Microfinance, 2009, pp 81-107 from Emerald Group Publishing Limited

Abstract: The rapid growth of foreign private lending to microfinance institutions (MFIs) in the past several years has led to a surprising reversal of roles between government-owned development agencies and private lenders. Development institutions [International Financial Institutions (IFIs)] are concentrating their loans in the strongest MFIs, leaving private lenders to look for opportunities among smaller, riskier borrowers. Development institutions are “crowding” private lenders out of the best MFIs.

Date: 2009
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Persistent link: https://EconPapers.repec.org/RePEc:eme:csefzz:s1569-3759(2009)0000092006

DOI: 10.1108/S1569-3759(2009)0000092006

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