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Viewing report
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Micro Finance Models. Edition No. 1
VDM Publishing House, May 2010, Pages: 176
As per World Bank estimate, 7000 Micro-Finance Institutes serving 16 million poor people with approximate total turnover for MFI's estimated $2.5- $7 billion (2007). Repayment rates of micro finance are almost 97%, substantially higher than the normal commercial finance. US$ 21.6 Billion still needed to provide microfinance to 100 million of the world's poorest families. Micro Finance is about financing services to the poor
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