of microfinance institutions - whereas it used to be an industry where nongovernmental organizations dominated … microfinance, it is now rapidly evolving into a subsector of the financial services industry. …

calificación de riesgo de las instituciones de microfinanzas (IMF). Hace una década, la calificación especializada de IMFs era poco …. The first one examines the evolution of specialized rating for microfinance institutions (MFIs). In the past five years … series of questions on the topic: Why has specialized rating for microfinance come to be? How has it developed to where it is …

.Abstract: The second issue of the Microenterprise Development Review offers two main articles: "Microfinance Guarantees: Is There … Another Model?" and "Regulating Microfinance." The first article discusses microfinance guarantees, where the lender's risk is … applicability of some central supervisory instruments for the regulation of microfinance. …

involving microfinance institutions in Paraguay, Nicaragua and Bolivia (El Comercio, Confia and Eco Futuro, respectively). Also …

microfinance in Latin America and the Caribbean. This article takes a first step in addressing the lack of timely, objective and … several benchmark indicators relevant to the microfinance industry. …

Dominican Republic. The second article in this issue explores the best options for funding a microfinance institution and … analyzes four main sources of MFI funding: mobilizing deposits, borrowing (from donors, governments, banks and other sources …

de microfinanzas (IMF). Un estudio de los programas de financiamiento de segundo piso destinados a las microfinanzas … funds to finance microfinance. An IDB study of second-tier financing programs for microfinance sheds light on the promise …

Americas is microfinance as far advanced as in Bolivia. Using the examples of BancoSol, Caja los Andes and FIE -Bolivia's three … largest microfinance institutions- this article describes challenges microfinance has faced from economic recession and …. Finally, the article speculates where Bolivian microfinance, and the microfinance industry in general, may be headed. …

instituciones microfinancieras (IMF) una oportunidad atractiva para los inversores privados, son tan pocos los inversores … financieros y sociales privados que proveen fondos a las IMF de América Latina. El segundo artículo analiza la ola de reformas … between microfinance institutions and private international investors. This article is written by Robert Pouliot of RCP …