Zeller, Manfred; Meyer, Richard L. - International Food Policy Research Institute (IFPRI) - 2002
The initial success of microfinance programs in the 1970s led pioneers to think that many essential problems of the … done. Most microfinance institutions (MFIs) are still small and vulnerable to constraints on their resources and to the … overall goal was to clarify the conditions under which state investment in microfinance programs might improve life for poor …