Transcription of Finance for the Poor: Microfinance Development Strategy
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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 among funding agencies38 Monitoring implementation39 Review of the strategy39 Appendixes41 AbbreviationsADB- Asian Development BankAfDB-African Development BankAMINA-African Development Fund
Asia Study, “rural financial markets in Asia are ill-prepared for the twenty-first century.”1 About 95 percent of some 180 million poor households in the Asian and Pacific Region (the Region) still have little access to institutional financial services. Development practitioners, policy makers, and multilateral and bilateral lenders,
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