A New Conception of Microfinance

Mario Torre

Chapter 1 in Microfinance, 2006, pp 1-19 from Palgrave Macmillan

Abstract: Abstract Dealing with microfinance presents two problems today: first, its operational limits are not clearly defined and, secondly, its very nature is unclear. These issues can be summarized in two questions frequently evoked among practitioners and academics in this field: what difference is there between microfinance, the better-known microcredit and traditional finance? Does microfinance come under the heading of ethical finance?

Keywords: Financial Service; Financial Intermediary; Microfinance Institution; Financial Conglomerate; Credit Association (search for similar items in EconPapers)
Date: 2006
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Persistent link: https://EconPapers.repec.org/RePEc:pal:pmschp:978-0-230-62758-1_1

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DOI: 10.1057/9780230627581_1

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