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Finance for the Poor: Microfinance Development Strategy

Finance for the Poor: Microfinance DevelopmentStrategy2000 Finance for the Poor: Microfinance DevelopmentStrategyContentsIntroduction1 Need for a Development Strategy for microfinance7 Microfinance in the Asian and Pacific region9 Demand for Microfinance services10 Supply of Microfinance services11 Major achievements in microfinance13 Challenges15 ADB s Microfinance experience19 Review19 Development impact21 Lessons learned22 Other agencies Microfinance experience23 ADB s Microfinance Development strategy25 Goal and purpose25 Strategy25 Strategic focus27 Implementation of the strategy33 Mainstreaming microfinance33 Better use of existing modalities34 Enhancing ADB s private sector operations37 Building ADB s capacity37 Coordination

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.

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