Published on February 12 of this year, the World Bank's 'The New Microfinance Handbook: A Financial Market System Perspective,' edited by Joanna Ledgerwood is a sort of how-to when it comes to the persistent microfinance approach to financial services Or rather, as World Bank Publications explains, "The result is a book which is less of a 'how-to' guide but rather a description of financial markets and how they work, or do not work, in serving the needs of the poor - and what is needed to improve the market."
Toronto's Social Finance offered a live account of their 'Clients at the Centre: Workshop to launch The New Microfinance Handbook' at the end of April in an effort to start and continue a discussion on equitable financial services.
Contact Information
World Bank Publications website
World Bank Books
'The New Microfinance Handbook: A Financial Market System Perspective'
Trend Themes
1. Microfinance Approaches - There is an opportunity to disrupt financial services by creating and offering more equitable financial services for poor and underserved populations around the world through the creation of alternative microfinance approaches.
2. Financial Market Systems - There is an opportunity to disrupt and improve the financial market system in serving the needs of the poor, as outlined in 'The New Microfinance Handbook' by Joanna Ledgerwood.
3. Equitable Financial Services - There is an opportunity to promote equitable financial services through discussions and workshops centered on the principles outlined in 'The New Microfinance Handbook' by Joanna Ledgerwood.
Industry Implications
1. Banking - The banking industry has an opportunity to disrupt traditional banking models and create more equitable financial services for poor and underserved populations through the creation of alternative microfinance approaches.
2. Finance - The finance industry has an opportunity to disrupt traditional financial market systems and improve the market in serving the needs of the poor, as outlined in 'The New Microfinance Handbook' by Joanna Ledgerwood.
3. Social Impact Investing - The social impact investing industry has an opportunity to promote equitable financial services by increasing investments in microfinance approaches and supporting the principles outlined in 'The New Microfinance Handbook' by Joanna Ledgerwood.