The Microfinance Revolution: Set

The revolution occurring in finance for low-income people refers to commercial microfinance—the delivery of financial services to the economically active poor on a large scale through competing financially self-sufficient institutions. This CD-ROM contains pdf files of the complete text of volumes 1 and 2 of The Microfinance Revolution. Sustainable Finance for the Poor (Volume 1) focuses on the shift from government- and donor-subsidized credit systems to self-sufficient microfinance institutions providing voluntary savings and credit services. Lessons from Indonesia (Volume 2) examines many financial institutions, with a special emphasis on Bank Rakyat Indonesia's microbanking system, which in the mid-1980s was transformed from a failed subsidized credit program to a nationwide commercial financial intermediary that now profitably provides microfinance services-savings and credit to more than 20 million people.