Many of the poor borrow, more save, and most of them demand insurance products or related substitutes. However, most of these financial products, especially those catering towards the need for consumption stabilization are only offered by the informal market. Microfinance Institutions (MFIs)...

The initial success of microfinance programs in the 1970s led pioneers to think that many essential problems of the poor might be resolved by access to credit alone -- the ability to acquire assets, to start businesses, to finance emergency needs and to insure against illness and disaster. Part...

In this Food Policy Review, the authors take a fresh look at the role of rural financial policy in improving household food security and alleviating poverty. They develop a conceptual framework for relating access to financial services to food security and review empirical findings on household...

Historically, microfinance has been successful in reaching the population excluded from the classical financial system. In the 90?s, efforts have been concentrated towards financial and institutional sustainability of the microfinance institutions (MFIs). Tools to evaluate financial performances...

The initial success of microfinance programs in the 1970s led pioneers to think that many essential problems of the poor might be resolved by access to credit alone the ability to acquire assets, to start businesses, to finance emergency needs and to insure against illness and disaster. Part of...