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A microcredit crisis averted : the case of Bangladesh (English)

The paper is arranged in six sections: an update describing how modern microfinance operates in Bangladesh; explanations of why growth was so aggressive from 2002 to 2007; the story of how Microfinance Institutions (MFIs) sensed a looming crisis and how they reacted between 2008 and 2010; a description of the kind of crisis averted by MFIs and their clients; a summary of the explanations of how the crisis was avoided; and identification of five emerging...
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Chen,Gregory C.; Rutherford,Stuart Edward.

A microcredit crisis averted : the case of Bangladesh (English). CGAP focus note ; no. 87 Washington DC ; World Bank Group. http://documents.worldbank.org/curated/en/677451468208158966

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