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Making Microfinance Work PDF

442 Pages·2012·15 MB·English
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by Craig Churchill| 2012| 442 pages| 15| English

About Making Microfinance Work

Microfinance has long been recognized as having significant potential to create jobs and reduce poverty. But to meet the twin challenges of growth and sustainability, managers of microfinance institutions (MFIs) must not only understand essential management they must also be armed with innovative ideas and strategies to succeed in today’s increasingly competitive environment. This book provides a valuable overview of the key management principles necessary to optimize the services of MFIs. Volume 1 examines the markets and marketing of MFIs and captures the different ways that managers can communicate the value of their products and services. It offers strategies to prevent risk from occurring and, if it does occur, explains how to rectify the situation. Practical techniques for allocating costs and determining prices are also highlighted, as well as the importance of plans, budgets and reports. Volume 2 includes chapters on various product options, including savings, insurance, leasing, money transfers, and even grants and nonfinancial services. It also explores how to combine different product menus to serve specific market segments, such as the ultra-poor, youth, women, and small and medium enterprises. It provides specific suggestions to manage diversification, including adapting the institutional culture, redistributing responsibilities, empowering staff, communicating with clients, reengineering systems, and managing change.

Detailed Information

Author:Craig Churchill
Publication Year:2012
ISBN:9789221241836
Pages:442
Language:English
File Size:15
Format:PDF
Price:FREE
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