Book: New Partnerships for Innovation in Microfinance (Matthäus-Maier, Ingrid; P...
Germany, April, 17 2008 -
Microfinance has experienced dynamic development. Today, microfinance providers reach close to 100 million clients worldwide and are growing fast. New partnerships expand the impact of microfinance even further.
Three types of partnerships are examined in this book, each consisting of a thematic pillar. Pillar I focuses on equity investments in microfinance, especially the possibilities for engaging private investors through structured microfinance investment funds. Rating agencies are involved in providing more transparency in this emerging fund industry. Pillar II focuses on collaboration among microfinance providers, governments, private investors and technology companies which help microfinance institutions to integrate new technologies into their business models, reducing cost and increasing outreach to clients. Pillar III covers micropensions, microinsurance and the role of securitisation for the future of microfinance. The blossoming of microfinance to embrace a wider constituency of providers and investors, and a broader range of instruments that can reach more clients has been a very positive confirmation of the United Nation’s designation of 2005 as the year of microcredit, or more inclusively, microfinance.