Finance for the Poor: Microfinance Development Strategy

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Finance for the Poor: Microfinance DevelopmentStrategy2000Finance for the Poor: Microfinance DevelopmentStrategyContentsIntroduction1 Need for a Development Strategy for microfinance7Microfinance in the Asian and Pacific region9Demand for Microfinance services10Supply of Microfinance services11Major achievements in microfinance13Challenges15ADB s Microfinance experience19Review19Development impact21Lessons learned22Other agencies Microfinance experience23ADB s Microfinance Development strategy25Goal and purpose25Strategy25Strategic focus27Implementation of the strategy33Mainstreaming microfinance33Better use of existing modalities34Enhancing ADB s private sector operations37Building ADB s capacity37Coordination among funding

promote economic growth and development. (ii) Without permanent access to institutional microfinance, most poor households continue to rely on meager self-finance or informal sources of microfinance,3 which limits their ability to actively participate in and benefit from the development opportunities.

  Development, Finance