Government and donor projects that deliver microfinance-that is, credit and other financial services for poor and low-income people-usually involve microfinance institutions (MFIs) with professional staff. However, an increasing minority of microfinance projects rely instead on community-managed loan funds (CMLFs). In CMLFs, credit to the members of a small group is managed by the members themselves, with no professional management or supervision...
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2006/05/01
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Informativo
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37822
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1
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1
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2010/07/01
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Disclosed
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Community-managed loan funds : which ones work?
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Banks
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