combines both debt as well as mezzanine finance to the MFI in a manner that lets it increase outreach rapidly, while unlocking large amounts of wholesale funds available in the commercial banking sector in India. The paper also discusses building links to capital markets for financing microfinance
through securitization. It concludes by highlighting certain key enablers for an environment of rapid microfinance growth including regulator support for hybrid models of outreach and investments in training and funding of initial expenses for new/emerging MFIs.
- Pro-poor contracting of waste collection services – the case of Dar es Salaam
- Making market assessment more useful – ten lessons from experience
- The trade-off debate in microfinance: a review of the theoretical and empirical literature
- Making microfinance safe for commercial funding
- Conflicting goals in the management of microfinance institutions: an agency theory approach