During the last ten years, the Government of The Lao PDR, a communist country, has taken bold steps towards a market economy, creating a policy environment for the emergence of a demand-driven system of microfinance. Such a system should be based on the cultural traditions of Laos where...

The Grameen Bank in Bangladesh is known worldwide for its success in providing credit to the poor. However, subsequent replications of its methodology in other parts of the world have been less successful. Is there really an infallible solution that works everywhere, and is outreach to the poor...

During the last ten years, the Government of The Lao PDR, a communist country, has taken bold steps towards a market economy, creating a policy environment for the emergence of a demand-driven system of microfinance. Such a system should be based on the cultural traditions of Laos where...