Microfinance drew attention to itself beginning the day it was born. From day one, its fate was hotly debated by ever-colliding camps of ardent supporters and staunch critics. In this chapter, we provide an in-depth discussion on microfinance revolution and promise. We summarize the highlights of the growing literature on microfinance that have accumulated over the past three decades. The new features of the microfinance sector also are discussed in the chapter.
|Title of host publication||Microfinance for Entrepreneurial Development|
|Subtitle of host publication||Sustainability and Inclusion in Emerging Markets|
|Editors||Douglas Cumming, Yizhe Dong, Wenxuan Hou, Binayak Sen|
|Publisher||Springer International Publishing|
|Number of pages||22|
|Publication status||Published - 18 Oct 2017|