The end of imagination? Understanding new developments in microfinance

Douglas Cumming, Yizhe Dong, Wenxuan Hou, Binayak Sen*

*Corresponding author for this work

Research output: Chapter in Book/Report/Conference proceedingChapter

Abstract

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.
Original languageEnglish
Title of host publicationMicrofinance for Entrepreneurial Development
Subtitle of host publicationSustainability and Inclusion in Emerging Markets
EditorsDouglas Cumming, Yizhe Dong, Wenxuan Hou, Binayak Sen
PublisherSpringer International Publishing
Pages1-22
Number of pages22
ISBN (Electronic)9783319621111
ISBN (Print)9783319621104
DOIs
Publication statusPublished - 18 Oct 2017

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