Microfinance in South Asia : Toward Financial Inclusion for the Poor
In South Asia, the modern microfinance movement was born in Bangladesh in the 1970s as a response to the prevailing poverty conditions among its vast rural population. Astonishing growth rates in Bangladesh, particularly during 1990s, created a new...
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okr-10986-366882021-12-09T05:10:47Z Microfinance in South Asia : Toward Financial Inclusion for the Poor World Bank MICROFINANCE ACCESS TO FINANCIAL SERVICE NATIONAL BANK FOR AGRICULTURE SAVINGS AND CREDIT ASSOCIATION ACCESS TO BANKING FACILITIES STATE BANK OF PAKISTAN LOW-INCOME PEOPLE INSTITUTIONAL STRUCTURES DELIVERY SYSTEMS LOAN PRODUCTS DEPOSIT PRODUCTS MICROINSURANCE MONEY TRANSFER TRANSPARENCY SUSTAINABILITY SOCIAL PROTECTION SAFETY NETS TECHNOLOGY ROLE In South Asia, the modern microfinance movement was born in Bangladesh in the 1970s as a response to the prevailing poverty conditions among its vast rural population. Astonishing growth rates in Bangladesh, particularly during 1990s, created a new dimension for microfinance worldwide as microfinance institutions grew to include millions of clients. The start of the twenty-first century reinforced this trend as the Bangladesh numbers continued to grow impressively; in India, a substantial microfinance system based on Self-Help Groups (SHGs) developed. Other countries of the region made slower and later starts but have since established active microfinance sectors. This working paper includes the following headings: the financial landscape and the emergence of microfinance; limitations and challenges; institutional structures and delivery systems; financing structures; product diversity; transparency and performance; impact and social performance; systems that support microfinance; and conclusions and future perspective. 2021-12-08T14:57:19Z 2021-12-08T14:57:19Z 2006-12 Report http://documents.worldbank.org/curated/en/134951468101989178/Microfinance-in-South-Asia-toward-financial-inclusion-for-the-poor http://hdl.handle.net/10986/36688 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank Washington, DC Economic & Sector Work Economic & Sector Work :: Other Financial Sector Study South Asia South Asia Afghanistan Bangladesh India Nepal Pakistan Sri Lanka |
repository_type |
Digital Repository |
institution_category |
Foreign Institution |
institution |
Digital Repositories |
building |
World Bank Open Knowledge Repository |
collection |
World Bank |
language |
English en_US |
topic |
MICROFINANCE ACCESS TO FINANCIAL SERVICE NATIONAL BANK FOR AGRICULTURE SAVINGS AND CREDIT ASSOCIATION ACCESS TO BANKING FACILITIES STATE BANK OF PAKISTAN LOW-INCOME PEOPLE INSTITUTIONAL STRUCTURES DELIVERY SYSTEMS LOAN PRODUCTS DEPOSIT PRODUCTS MICROINSURANCE MONEY TRANSFER TRANSPARENCY SUSTAINABILITY SOCIAL PROTECTION SAFETY NETS TECHNOLOGY ROLE |
spellingShingle |
MICROFINANCE ACCESS TO FINANCIAL SERVICE NATIONAL BANK FOR AGRICULTURE SAVINGS AND CREDIT ASSOCIATION ACCESS TO BANKING FACILITIES STATE BANK OF PAKISTAN LOW-INCOME PEOPLE INSTITUTIONAL STRUCTURES DELIVERY SYSTEMS LOAN PRODUCTS DEPOSIT PRODUCTS MICROINSURANCE MONEY TRANSFER TRANSPARENCY SUSTAINABILITY SOCIAL PROTECTION SAFETY NETS TECHNOLOGY ROLE World Bank Microfinance in South Asia : Toward Financial Inclusion for the Poor |
geographic_facet |
South Asia South Asia Afghanistan Bangladesh India Nepal Pakistan Sri Lanka |
description |
In South Asia, the modern microfinance
movement was born in Bangladesh in the 1970s as a response
to the prevailing poverty conditions among its vast rural
population. Astonishing growth rates in Bangladesh,
particularly during 1990s, created a new dimension for
microfinance worldwide as microfinance institutions grew to
include millions of clients. The start of the twenty-first
century reinforced this trend as the Bangladesh numbers
continued to grow impressively; in India, a substantial
microfinance system based on Self-Help Groups (SHGs)
developed. Other countries of the region made slower and
later starts but have since established active microfinance
sectors. This working paper includes the following headings:
the financial landscape and the emergence of microfinance;
limitations and challenges; institutional structures and
delivery systems; financing structures; product diversity;
transparency and performance; impact and social performance;
systems that support microfinance; and conclusions and
future perspective. |
format |
Report |
author |
World Bank |
author_facet |
World Bank |
author_sort |
World Bank |
title |
Microfinance in South Asia : Toward Financial Inclusion for the Poor |
title_short |
Microfinance in South Asia : Toward Financial Inclusion for the Poor |
title_full |
Microfinance in South Asia : Toward Financial Inclusion for the Poor |
title_fullStr |
Microfinance in South Asia : Toward Financial Inclusion for the Poor |
title_full_unstemmed |
Microfinance in South Asia : Toward Financial Inclusion for the Poor |
title_sort |
microfinance in south asia : toward financial inclusion for the poor |
publisher |
Washington, DC |
publishDate |
2021 |
url |
http://documents.worldbank.org/curated/en/134951468101989178/Microfinance-in-South-Asia-toward-financial-inclusion-for-the-poor http://hdl.handle.net/10986/36688 |
_version_ |
1764484472003100672 |