THE TRIANGLE OF MICROFINANCE: FINANCIAL SUSTAINABILITY, OUTREACH AND IMPACT

Abstract

Contents: List of FiguresList of TablesList of BoxesForeword Preface 1 Improving the Preformance of Microfinance: Financial Sustainability, Outreach, and Impact MANFRED ZELLER AND RICHARD L. MEYERPART I Access to and Demand for Financial Services by the Poor 2 Access to and Demand for Financial Services by the Rural Poor: A Multicounty Synthesis MANFRED ZELLER AND MANOHAR SHARMA3 Characteristics of Household Demand for Financial Services in Highly Uncertain Economies: A Review of Evidence from Burkina Faso GENEVIEVE NGUYEN, BETTY WAMPFLER, MICHEL BENOIT-CATTIN, AND KIMSEYINGA SAVADOGO4 Wealth and Rural Credit among Farmers in Mexico: Is Market Participation Consistent with Trageting? JULIE STANTON5 Credit Constraints and Loan Demand in Rural Bangladesh MANFRED ZELLER AND MANOHAR SHARMA6 Improving Access to Land Markets: Evidence from Engineering Farmers in KwaZulu-Natal, South Africa MICHAEL LYNE AND MARK DARROCHPART II Outreach and Financial Sustainability of Institutions 7 Outreach and Sustainability of Member-based Rural Financial Intermediaries JULIA PAXTON AND CARLOS E. CUEVAS8 Microcredit and the Poorest of the Poor: Theory and Evidence from Bolivia SERGIO NAVAJAS, MARK SCHREINER, RICHARD L. MEYER, CLAUDIO GONZALEZ-VEGA, AND JORGE RODRIGUEZ-MEZA9 An Operational Tool for Evaluating the Poverty Outreach Development Policies and Projects MANFRED ZELLER, MANOHAR SHARMA, CARLA HENRY, AND CECILE LAPENU10 Transaction Costs of Group and Individual Lending and Rural Financial Market Access: The Case of Poverty-Oriented Microfinance in Cameroon FRANZ HEIDUES, DIEUDONNE BELLE-SOSSOH, AND GERTRUD BUCHENRIEDERPART III Measuring the Impact of Microfinance 11 Impact of Microfinance on Food Security and Poverty Alleviation: A Review and Synthesis of Empirical Evidence MANOHAR SHARMA AND GERTRUD BUCHENRIEDER12 Impact of Acces to Credit on Maize and Tobacco Productivity in Malawi ALIOU DIAGNE13 Explaining Poverty: An Empirical Analysis of the Effects of Ill Health and Uncertainty on the Savings of Rural Pakistani Households ANJINI KOCHARPART IV Toward Economic Sustainability of Rural Financial Systems for the Poor: The Role of Public Action and the Private Sector 14 The Microfinance Revolution: Implications for the Role of teh State CECILE LAPENU15 Recent Developments in Rural FInance Markets JACOB YARON AND McDONALD BENJAMIN16 Credit Systems for the Rural Poor in the Economic Transition of China: Institutions, Outreach, and Policy Options ZHU LING, JIANG ZHONGYI, JOACHIM VON BRAUN17 Summary and Implications for Policy and Research RICHARD L. MEYER AND MANFRED ZELLER Contributors Index