TY - BOOK AU - Robinson,Marguerite S. TI - The microfinance revolution SN - 0821345249 AV - HG178.33.D44 R63 2001 U1 - 332.2 PY - 2002/// CY - Washington, D.C., New York PB - World Bank,, Open Society Institute KW - Microfinance KW - Developing countries KW - Financial institutions KW - Poor N1 - Online version: Robinson, Marguerite S. Microfinance revolution. Washington, D.C. : World Bank ; New York : Open Society Institute, c2001- (OCoLC)693997837; Includes bibliographical references and index; TOC; v.1. Sustainable finance for the poor -- v.2. lessons from Indonesia -- v.3. the emerging industry; Economics N2 - Summary: The revolution occurring in finance for low-income people refers to commercial microfinance-the delivery of financial services to the economically active poor on a large scale through competing, financially self-sufficient institutions. Lessons from Indonesia examines in the Indonesian context the principles and practices of commercial microfinance. The first country to develop profitable microfinance on a large scale, Indonesia is home to the world's oldest and largest commercial microfinance institutions, as well as many others. The book examines many financial institutions, with a special emphasis on Bank Rakyat Indonesia's microbanking system, which in the mid-1980s was transformed from a failed subsidized credit program to a nationwide commercial financial intermediary that now profitably provides microfinance services-savings and credit-to more than 20 million people. Commercial microbanking remained stable and profitable in Indonesia even as the country's financial system collapsed during the recent crisis. This volume shows why, and offers crucial lessons for developing countries everywhere. UR - http://www.worldcat.org/title/microfinance-revolution/oclc/46671118&referer=brief_results UR - http://lib.ewubd.edu/ebook/5639 ER -