Microfinance Industry in Bangladesh and India: International Perspectives

Saeed, M Microfinance Industry in Bangladesh and India: International Perspectives. The First International Credit Union Conference on Social Micro�nance and Community Development, BKCU Kalimantan - Gunadarma University.

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Abstract

The study explores the microfinance industry in Bangladesh and India. Grameen Bank proved that financial inclusion of low-income households is the way out of poverty and that lending to poor can be profitable to both the borrower as well as the lender. Since then many microfinance institutions came up either following the same operating model as Grameen Bank or some form of its derivative. Many microfinance institutions (MFIs) in India started as non-profit NGOs and soon became for-profit non- banking financial companies (NBFCs) reflecting the financial viability of these institutions. With high returns, promising growth and portfolio diversification capabilities, microfinance industry in India has become a hotspot for foreign as well as local investors. Apart from widely known benefits, the study also highlights the criticism and challenges faced by the microfinance industry worldwide. Keywords: microcredit, remittance, collateral, securitization, private equity, IPO

Item Type: Article
Uncontrolled Keywords: Microfinance Industry; International Perspectives
Subjects: A General Works > AI Indexes (General)
Divisions: Fakultas Ekonomi > Program Studi Akuntansi
Depositing User: Mr Reza Chandra
Date Deposited: 28 Feb 2014 10:13
Last Modified: 28 Feb 2014 10:13
URI: http://repository.gunadarma.ac.id/id/eprint/1219

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