Overview

More Pathways Out of Poverty explores new practices in microfinance, some of them revolutionary, and draws on the success of the industry to illustrate the challenges involved in lifting clients out of poverty. Taken together, the contributions from leading microfinance leaders and institutions serve as a map for ensuring that microcredit contributes powerfully to cutting absolute poverty in half by 2015. The chapters in this book show: how newly developed tools to cost-effectively measure US $1 a day poverty could also measure movement across the US $1 a day threshold; what the key components are to exponential growth so that MFI leaders, boards, funders, investors, and governments will be better able to fuel the end of poverty; how commercialization can push institutions away from working with the very poor and what can be done to avoid such situations; and how policy makers can work to ensure the expansion of services that work for the poor.

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9781565492295

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Reviews

"""Especially interesting as it condenses the experiences of numerous diferent microfinance institutions. For practitioners and academics alike, this book is a useful addition to the microfinance literature."" ""The message... should serve as a wake up call: it is about time that the effective use of microfinancing and microenterprise became part of the mainstream, and became thought of as a pathway out of poverty... highly recommended."" ""There are many books that survey the social condition of poverty - but far less which examine economic strategies for circumventing poverty in the world. That's why college-level collections must have this - it provides a roadmap for recovery and comes not from ideals but from leading microfinance leaders and institutions determined to cut poverty by as much as half."""

There are many books that survey the social condition of poverty - but far less which examine economic strategies for circumventing poverty in the world. That's why college-level collections must have this - it provides a roadmap for recovery and comes not from ideals but from leading microfinance leaders and institutions determined to cut poverty by as much as half. The message... should serve as a wake up call: it is about time that the effective use of microfinancing and microenterprise became part of the mainstream, and became thought of as a pathway out of poverty... highly recommended. Especially interesting as it condenses the experiences of numerous diferent microfinance institutions. For practitioners and academics alike, this book is a useful addition to the microfinance literature.

Especially interesting as it condenses the experiences of numerous diferent microfinance institutions. For practitioners and academics alike, this book is a useful addition to the microfinance literature.

Author Information

Anna Awimbo is Research Director of the Microcredit Summit Campaign. She has had several years of experience working on women's and youth issues to help identify alternative strategies for poverty alleviation. Her work has included tracking data to monitor the Microcredit Summit Campaign's progress towards its goal. She co-designed and is part of the Summit's team that coordinates trainings in Africa and Asia on the systematic integration of microcredit with education in child survival, HIV/AIDS prevention and reproductive health. Sam Daley-Harris is president and founder of RESULTS Educational Fund, an international citizens' lobby dedicated to creating the political will to end hunger and poverty. RESULTS organized the February 1997 Microcredit Summit held in Washington, DC. The Summit seeks to reach 100 million of the world's poorest families, especially the women of those families, with credit for self-employment and other financial and business services by 2005.

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