Community-Based Microfinance for Financial Inclusion
From Microfinance to Financial Inclusion
Alliance for Financial Inclusion. (2011).
The Maya declaration on financial inclusion. [Video file]. (3:30 min.)
Basu, P. & Srivastava, P. (2005).
Scaling-up microfinance for India's rural poor. (World Bank policy research working paper 3646). (486K pdf)
Case studies and publications available from the Global Partnership for Financial Inclusion (GPFI).
Financial inclusion insights: Ghana 2015 [PowerPoint slides].
Financial inclusion insights: Rwanda 2015 [Powerpoint slides].
Demirguc-Kunt, A., Klapper, L., Singer, D., & Van Oudheusden, P. (2014).
The Global Findex database 2014: Measuring financial inclusion around the world. (World Bank policy research working paper 7255). Washington, DC: World Bank. (7.12 Mb pdf)
Klapper, L. & Nielsen, K. B. (2015, May 6).
10 insights on financial inclusion from the 2014 Global Findex. (Blog post).
Morduch, J. (2012, May 2).
Formality and informality: Lessons from the new Findex survey. (Blog post).
History and Typology of Microfinance
Financial Lives of People Living in Poverty
Financial Literacy and Education
Village Savings and Loans Associations
Allan, A., Ahern, B., & Wilson, M. (2016).
The state of linkage report: The first global mapping of savings group linkage. London: Barclays Bank PLC. (4.50 Mb pdf)
Allan, A., Massu, M., & Svarer, C. (n.d.).
Banking on Change: Breaking the barriers to financial inclusion. London: CARE UK. (1.16 Mb pdf)
Bakliwal, S. (2011).
A Sustainable Access to Financial Services for Investment (SAFI) project: Learning document on financial linkages: theme number 1. (1.06 Mb pdf)
Bavois, M. (2013).
Private service provider: Implementation manual. Baltimore, MD: Catholic Relief Services. (2.88 Mb pdf)
The resilience champions: When women contribute to the resilience of communities in the Sahel through savings and community-based adaptation. Accra, Ghana: CARE International. (1.87 Mb pdf)
International Rescue Committee. (2012).
Facilitator guide: Village savings and loans associations (VSLA). New York: IRC. (18.10 Mb pdf)
Langlay, N. (2014).
The impact of ebola virus disease on Village Savings and Loans Associations, Montserrado, Margibi, Bong and Lofa counties. (1.17 Mb pdf)
Plan International UK. (2016).
The Banking on Change youth savings group model: From saving and learning to banking and earning. London: Barclays Bank PLC. (1.52 Mb pdf)
Village Savings and Loans Associations and the Chars Livelihood Project, Bangladesh. (2006). Report on the feasibility of introducing community-based microfinance into the Chars Livelihood Project. (420K pdf)
van de Meerendonk, A. (n.d.).
Towards a Malawian social protection floor: Extracts from the full report: assessment of social protection programmes and costing of policy options: program specific report: village savings and loans. [n.l.]: ILO. (267K pdf)
Financial Cooperatives and Credit Unions
Adea, M. (2015, May 14).
Here is the magic bullet for Saccos in Uganda. Daily Monitor.
Alliance for Financial Inclusion. (2014).
Rwanda's financial inclusion success story: Umurenge Saccos. Bangkok, Thailand: AFI. (190K pdf)
Ayadi, R., Llewellyn, D. T., Schmidt, R. H., Arbak, E., & De Groen, W. P. (2010).
Investigating diversity in the banking sector in Europe: Key developments, performance and role of cooperative banks. Brussels: Centre for European Policy Studies. (1.70 Mb pdf)
Bwana, K. M. & Mwakujonga, J. (2013).
Issues in SACCOS development in Kenya and Tanzania: The historical and development perspectives. Developing Country Studies, 3(5), 114-121.
Kumar, V., Wankhede, K. G., Gena, H. C. (2015).
Role of cooperatives in improving livelihood of farmers on sustainable basis. American Journal of Educational Research, 3(10), 1258-1266.
Publications produced by the International Co-operative Alliance, Asia and Pacific.
Ruete, M. (2014).
Inclusive investment in agriculture: Cooperatives and the role of foreign investment. (Investment in agriculture policy brief no. 2). Geneva: IISD.
Savings and Credit Cooperative Organisation (SAACO) training manual. (4.37 Mb pdf)
Building People's Own Institutions
Linkages with Formal Financial Institutions and Banks
Livelihoods, Value Chains, and Financial Services
Innovations in Financial Services Access
Microfinance Organizations and Databases
Centre for Microfinance (Nepal), national centre supporting information exchange, consulting in microfinance and policy dialogue.
CGAP: Consultative Group to Assist the Poorest, a comprehensive database of papers, case studies and manuals.
Enterprise Development and Microfinance, (formerly Small Enterprise Development) is published quarterly by Practical Action Publishing. The website lists the tables of contents and abstracts of articles published. (StFX only)
ENTERWEB - Microfinance Websites
The Microcredit Summit, news and documents related to the annual Microcredit Summit.
Microfinance: a way to help the poor build assets, papers by Mark Schreiner, on a range of topics.
Microfinance Gateway, this resource centre contains a collection of information and resources on experiences in regulating and supervising.
MicroSave alleviates poverty through providing support to businesses that provide financial inclusion and other socio-economic development services and products.
MIX Market, provides access to data, analysis, and tools that deliver insights into the financial inclusion sector.
Poverty Assessment Tools, project by USAID's Microenterprise Development division in collaboration with the IRIS Center (Microenterprise Advancement Project) of the University of Maryland. Website includes tools, studies and practitioner reviews.
Virtual Library on Microcredit, this site has a variety of documents, summaries and research papers.
World Bank Open Knowledge Repository (OKR) is the World Bank's official open access repository for its research outputs and knowledge products.
Microfinance Reading and Tools
Ardic, O. P., Heimann, M. & Mylenko, N. (2011).
Access to financial services and the financial inclusion agenda around the world: A cross-country analysis with a new data set. (Policy research working paper 5537). Washington, DC: World Bank. (866K pdf)
Brannen, C. (2010).
An impact study of the Village Savings and Loan Association (VSLA) program in Zanzibar, Tanzania (Undergraduate thesis). Wesleyan University, Middletown, CT. (2.13 Mb pdf)
Burjorjee, D., Deshpande, R. & Weidemann, C.J. (2002).
Supporting women's livelihoods: Microfinance that works for the majority. New York: UNCDF. A guide that examines topics including gender considerations, women's roles in microfinance and benefits of microfinance lending. (2.43 Mb pdf)
CARE Rwanda. (2012).
Mind the gap: Exploring the gender dynamics of CARE Rwanda's Village Savings and Loans (VSL) programming. Atlanta, GA: CARE. (852K pdf)
Microfinance consensus guidelines: Definitions of selected financial terms, ratios, and adjustments for microfinance. Washington, DC: CGAP. (341K pdf)
Claessens, S. (2006).
Access to financial services: A review of the issues and public policy objectives. The World Bank Research Observer, 21(2), 207-240. (StFX only)
Cuevas, C. E. & Fisher, K. P. (2006).
Cooperative financial institutions: Issues in governance, regulation, and supervision. (World Bank working paper no. 82). Washington, DC: World Bank.
EDA Rural Systems & APMAS. (2006).
Self help groups in India: A study of the lights and shades. Gurgaon, India: EDA Rural Systems. (1.09 Mb pdf)
Flora, U. N., Ndabaga, E., & Odour, J. (2015).
Effect of project model change on project performance in Rwanda: A case of World Vision's Village Savings Loan Associations Project in Nyamata Area Development Programme. European Journal of Hospitality and Tourism Research, 3(3), 1-14.
Gaikwad, M. & Reddy, S. (2013).
The impact of SHGs on women development: A study of Kummanpally village, Andhra Pradesh (India). Journal of Humanities and Social Science, 7(1), 42-48. (254K pdf)
Gash, M. & Odell, K. (2013).
The evidence-based story of savings groups: A synthesis of seven randomized control trials. Arlington, VA: SEEP Network. (2.39 Mb pdf)
Goel, V. & Kaur, I. (2008).
Strategic role of trade credit in chain coordination for the traditional farm business enterprises in Punjab, India. Journal of International Food & Agribusiness Marketing, 20(2), 33-60. (StFX only)
Grant, W. J. & Allen, H. C. (2002).
CARE's Mata Masu Dubara (Women on the Move) program in Niger: Successful financial intermediation in the rural Sahel. Journal of Microfinance, 4(2).
Gray, B., Sebstad, J., Cohen, M., & Stack, K. (2009).
Can financial education change behavior? Lessons from Bolivia and Sri Lanka. Washington, DC: Microfinance Opportunities. (1.52 Mb pdf)
Hammond, A. L., Kramer, W. J., Katz, R. S., Tran, J. T. & Walker, C. (2008).
The next 4 billion: Characterizing BoP markets. Washington, DC: World Bank.
Helms, B. (2006).
Access for all: Building inclusive financial systems. Washington, DC: World Bank.
Honohan, P. (2008).
Finance in Africa: A diagnosis. Prepared for IMF seminar "African Finance for the 21st Century", Tunis, Tunisia, March 4-5. (103K pdf)
de Hoop, T., van Kempen, L., Linssen, R., & van Eerdewijk, A. (2014).
Women's autonomy and subjective well-being: How gender norms shape the impact of self-help groups in Odisha, India. Feminist Economics, 20(3), 103-135. (StFX only)
International Labour Organization. (2011).
Financial education for youth: Trainee's guide. Kathmandu, Nepal: ILO.
Lavoori, V. & Narayan Paramanik, R. (2014).
Microfinance impact on women's decision making: A case study of Andhra Pradesh. Journal of Global Entrepreneurship Research, 4(11).
Ledgerwood, J., Earne, J. & Nelson, C. (Eds.). (2013).
The new microfinance handbook: A financial market system perspective. Washington, DC: World Bank.
Lee, N. (2000, Draft).
A gold thread: Building assets and courage with SEWA bank members. (54K pdf)
Lee, N. (Ed.). (2008).
Reaching the hard to reach: Comparative study of member-owned financial institutions in remote rural areas. Antigonish: Coady International Institute.
Lee, N., Misra, R., Hamadziripi, A., Jain, A., Rutherford, S., & Cameron, D. (2006).
Rural remote microfinance and selfish genes. Paper prepared for the Global Microcredit Summit.
Massu, M., Michaud, L.-P., & Jain, A. (2017).
Comparative evaluation on community-managed savings-led approaches in the Mekong. [n.l.]: CARE Australia. (3.34 Mb pdf)
Misra, R.S. (2009, Draft).
ITC Choupal Fresh: A case in pro poor value chains. In M. Harper (Ed.), Inclusive value chains in India: Linking the smallest producers to modern markets. (371K pdf)
Nagarajan, G. & Meyer, R. L. (2005).
Rural finance: Recent advances and emerging lessons, debates, and opportunities. Columbus, OH: Ohio State University. (383K pdf)
Nair, A. (2005).
Sustainability of microfinance self-help groups in India: Would federating help? (Policy working research paper 3516). Washington, DC: World Bank. (358K pdf)
Parikh, T., Sasikumar, K., & Olaganathan, S. (2006).
Promoting quality bookkeeping in self-help groups: The Mahakalasm management information system. T. Sheldon & J. Hansel, eds. Washington, DC: SEEP Network.
Reddy, C. S. & Manak, S. (2005).
Self-help groups: A keystone of microfinance in India: women empowerment and social security. Hyderabad: APMAS. (126K pdf)
Rengalakshmi, R., et al. (n.d.).
ODL for ecopreneurship: Promotion of multiple livelihoods among the women SHGs in Tamil Nadu, India. (96K pdf)
Rosenberg, J. S. (2013).
Farmers' clubs as a model for empowering CARE Pathways' Impact Group: A qualitative assessment of barriers to women's meaningful participation. (274K pdf)
Roth, J., McCord, M. J. & Liber, D. (2007).
The landscape of microinsurance in the world's 100 poorest countries. Appleton, WI: MicroInsurance Centre.
Tankha, A. (2002).
Self-help groups as financial intermediaries in India: Cost of promotion, sustainability and impact. Hague, The Netherlands: CORDAID. (1.21 Mb pdf)
Voluntary Operation in Community and Environment. (2008).
A report on the success and failure of SHGs in India: Impediments and paradigm of success. New Delhi: Planning Commission, Government of India. (1.10 Mb pdf)
Uotila, M. & Dhanapala, S. B. (1994).
Dairy development through cooperative structure. World Animal Review, 79(2).