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Market opportunities for microfinance institutions

Taking a business scholar's standpoint I assess the future of the microfinance industry. The basic question I try to answer is why the microfinance market continues to grow while public support for the industry is shrinking. I identify six underlying forces - demographic transition, reduced po...

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Bibliographic Details
Main Author: Mersland, Roy
Format: Article
Language:English
Published: 2013
Subjects:
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100 |a Mersland, Roy 
245 |a Market opportunities for microfinance institutions  |c Mersland, Roy. 
260 |c 2013 
300 |a 282-294 
520 |a Taking a business scholar's standpoint I assess the future of the microfinance industry. The basic question I try to answer is why the microfinance market continues to grow while public support for the industry is shrinking. I identify six underlying forces - demographic transition, reduced poverty, urbanization, economic growth, technological innovations, and shifts in microfinance paradigms - that drive the growth of the microfinance industry. Furthermore, I identify six non-traditional microfinance markets that may present interesting opportunities in the years to come: insurance, housing, small and medium enterprise lending, savings, micropensions, and microfinance in high-income countries. I conclude the article highlighting that policymakers, regulators, and international support organizations may encourage or hamper the future of microfinance as outlined in this article. 
650 |a Micropensions 
650 |a Housing 
650 |a Future 
650 |a Market Opportunities 
650 |a Growth Drivers 
773 |a Enterprise Development and Microfinance  |d December 
999 |c 41677  |d 41677