Marie Michael Library
The microfinance phenomenon
McGuire, Paul B.; Conroy, John D.
This paper considers the achievements of microfinance to date and offers some suggestions for the future. The paper includes a charting of the rise of microfinance, a brief description of some of the main models of microfinance, and a discussion of the success of microfinance institutions in reaching clientele and achieving sustainability. This paper was also published in Asia-Pacific Review, vol. 7 no. 1, 2000.
Foundation for Development Cooperation (FDC)