Human Capital Management White Papers

Replicating Microfinance in the United States: Opportunities and Challenges

Overview Given the diversity of contexts, achieving the promise of microfinance in the United States will likely stem from a diversity of approaches. In developing countries, the rush to establish a unified set of "Best Practices" has come with both costs and benefits, and microfinance leaders should take care not to let premature standards dampen innovation. Von Pischke's recognition of a diversity of approaches in his catalogue of Best Practices is an important step toward expanding conversations. Microfinance can play a role in the continuing struggle to equalize opportunities in the United States, but the current record has been disappointing when viewed in the light of Third World successes.

Further White Paper Details
PublisherNew York University File FormatPDF
Date PublishedMay 2001
FormatWhite Papers   
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