Overview

The current moment faced by the microfinance field reflects the opening lines from Charles Dickens’ A Tale of Two Cities: “It was the best of times, it was the worst of times, it was the age of wisdom, it was the age of foolishness....” Never before has there been such inspiring innovation in microfinance nor such cause for concern. New Pathways Out of Poverty provides a substantive discussion of the state of the field and a compelling vision for its future. Third in a book series spanning a decade that has documented the microfinance industry’s highs and lows, New Pathways Out of Poverty explores the current state of the microfinance industry and highlights some of the field’s major challenges and achievements. Contributors examine innovations in microfinance and capture the knowledge gained in key areas of practice. The authors also show how leading institutions are taking steps to ensure that microfinance becomes a central platform for putting poverty in the museums where it belongs.

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9781565494381

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Reviews

"""As with most edited texts, this one tends to meander across a range of issues and institutional and national spaces without acheiving sharper focus, making it less useful for academic purposes. However, community development practitioners may find it a good primer on microfinance. Summing up: Recommended. Practioners and general readers."""

As with most edited texts, this one tends to meander across a range of issues and institutional and national spaces without acheiving sharper focus, making it less useful for academic purposes. However, community development practitioners may find it a good primer on microfinance. Summing up: Recommended. Practioners and general readers.

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. Ms. Awimbo also serves on the Business Advisory Council of Five Talents International, an Anglican initiative to combat poverty through microenterprise development.

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