Microfinance in Asia: Not so risky, not so micro

Microfinance is proving to be a successful way to help the rural poor and disadvantaged improve their economic conditions by running their own businesses. However, the current economic crisis has reduced funding available for this pool. But with a proven strong credit history and improvements in tec...

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Main Author: Knowledge@SMU
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Language:English
Published: Institutional Knowledge at Singapore Management University 2009
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Online Access:https://ink.library.smu.edu.sg/ksmu/167
https://ink.library.smu.edu.sg/cgi/viewcontent.cgi?article=1166&context=ksmu
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spelling sg-smu-ink.ksmu-11662018-07-06T03:39:26Z Microfinance in Asia: Not so risky, not so micro Knowledge@SMU Microfinance is proving to be a successful way to help the rural poor and disadvantaged improve their economic conditions by running their own businesses. However, the current economic crisis has reduced funding available for this pool. But with a proven strong credit history and improvements in technology, microfinancing is now seen as more than just as a nice social obligation. In the words of Nhan Phan Cu, a speaker at a recent seminar on this issue, microfinance in Asia is less risky than investment banking. However, the economic outlook poses some challenges. 2009-05-01T07:00:00Z text application/pdf https://ink.library.smu.edu.sg/ksmu/167 https://ink.library.smu.edu.sg/cgi/viewcontent.cgi?article=1166&context=ksmu http://creativecommons.org/licenses/by-nc-nd/4.0/ Knowledge@SMU eng Institutional Knowledge at Singapore Management University Business Entrepreneurial and Small Business Operations Technology and Innovation
institution Singapore Management University
building SMU Libraries
country Singapore
collection InK@SMU
language English
topic Business
Entrepreneurial and Small Business Operations
Technology and Innovation
spellingShingle Business
Entrepreneurial and Small Business Operations
Technology and Innovation
Knowledge@SMU
Microfinance in Asia: Not so risky, not so micro
description Microfinance is proving to be a successful way to help the rural poor and disadvantaged improve their economic conditions by running their own businesses. However, the current economic crisis has reduced funding available for this pool. But with a proven strong credit history and improvements in technology, microfinancing is now seen as more than just as a nice social obligation. In the words of Nhan Phan Cu, a speaker at a recent seminar on this issue, microfinance in Asia is less risky than investment banking. However, the economic outlook poses some challenges.
format text
author Knowledge@SMU
author_facet Knowledge@SMU
author_sort Knowledge@SMU
title Microfinance in Asia: Not so risky, not so micro
title_short Microfinance in Asia: Not so risky, not so micro
title_full Microfinance in Asia: Not so risky, not so micro
title_fullStr Microfinance in Asia: Not so risky, not so micro
title_full_unstemmed Microfinance in Asia: Not so risky, not so micro
title_sort microfinance in asia: not so risky, not so micro
publisher Institutional Knowledge at Singapore Management University
publishDate 2009
url https://ink.library.smu.edu.sg/ksmu/167
https://ink.library.smu.edu.sg/cgi/viewcontent.cgi?article=1166&context=ksmu
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