{"product_id":"small-money-big-impact-fighting-poverty-with-microfinance-hardback-9781119338208","title":"Small Money Big Impact; Fighting Poverty with Microfinance (Hardback) 9781119338208","description":"\u003cfont face=\"Georgia\"\u003e\r\n\u003cp\u003e\u003cfont size=\"6\"\u003eSmall Money Big Impact\u003c\/font\u003e\u003cbr\u003e\r\n\u003cfont size=\"5\"\u003eFighting Poverty with Microfinance\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\r\n\r\n\u003cp\u003e\u003cfont size=\"4\"\u003ePeter A. Fanconi (Author), Patrick Scheurle (Author)\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e9781119338208, Wiley\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003eHardback, published 24 March 2017\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e272 pages\u003cbr\u003e23.1 x 15 x 2 cm, 0.522 kg\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\r\n\r\n\r\n\u003cp align=\"justify\"\u003e\u003cstrong\u003e\u003cfont size=\"3\"\u003e\u003cb\u003eMake your money make a difference—and enjoy attractive returns\u003c\/b\u003e \u003cp\u003e\u003ci\u003eSmall Money, Big Impact \u003c\/i\u003eexplores and explains the globally growing importance of impact investing. Today, the investor's perspective has become as important as the actual social impact. Based on their experience with over 25 million micro borrowers, the authors delve into the mechanics, considerations, data and strategies that make microloans and impact investing an attractive asset class. From the World Bank to the individual investor, impact investing is attracting more and more attention. Impact investing is a global megatrend and is reshaping the way people invest as pension funds, insurance companies, foundations, family offices and private investors jump on board. This book explains for the first time how it works, \u003ci\u003ewhy\u003c\/i\u003e it works and what you should know if you're ready to help change the world.\u003c\/p\u003e \u003cp\u003eImpact investing has proven over the last 20 years as the first-line offense against crushing poverty. Over two billion people still lack access to basic financial services, which are essential for improving their livelihood. Investors have experienced not only social and environmental impact, but have received attractive, stable and uncorrelated returns for over 15 years. This guide provides the latest insights and methodologies that help you reap the rewards of investing in humanity.\u003c\/p\u003e \u003cul\u003e \u003cli\u003eExplore the global impact investing phenomenon\u003c\/li\u003e \u003cli\u003eLearn how microloans work, and how they make a difference\u003c\/li\u003e \u003cli\u003eDiscover why investors are increasingly leaning into impact investing\u003c\/li\u003e \u003cli\u003eConsider the factors that inform impact investing decisions\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003ePart social movement and part financial strategy, impact investing offers the unique opportunity for investors to power tremendous change with a small amount of money— expanding their portfolios as they expand their own global impact. Microfinance allows investors at any level to step in where banks refuse to tread, offering opportunity to those who need it most. \u003ci\u003eSmall Money, Big Impact\u003c\/i\u003e provides the expert guidance you need to optimize the impact on your portfolio and the world.\u003c\/p\u003e\u003c\/font\u003e\u003c\/strong\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e\u003cp\u003eForeword ix\u003c\/p\u003e \u003cp\u003ePreface xi\u003c\/p\u003e \u003cp\u003eAcknowledgments xiii\u003c\/p\u003e \u003cp\u003eAbout the Authors xv\u003c\/p\u003e \u003cp\u003e\u003cb\u003eCHAPTER 1 Introduction 1\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e1.1 Fighting Poverty 2\u003c\/p\u003e \u003cp\u003e1.2 Investing in Financial Infrastructure 7\u003c\/p\u003e \u003cp\u003e1.3 Content Overview 8\u003c\/p\u003e \u003cp\u003eNotes 9\u003c\/p\u003e \u003cp\u003e\u003cb\u003eCHAPTER 2 Microfinance – the Concept 11\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e2.1 History 12\u003c\/p\u003e \u003cp\u003e2.2 Definition and Goals 15\u003c\/p\u003e \u003cp\u003e2.3 Double Bottom Line 18\u003c\/p\u003e \u003cp\u003e2.4 Financial Inclusion 21\u003c\/p\u003e \u003cp\u003e2.5 Market Participants 24\u003c\/p\u003e \u003cp\u003e2.6 Impact Investing 25\u003c\/p\u003e \u003cp\u003e2.7 Preliminary Conclusions 29\u003c\/p\u003e \u003cp\u003eNotes 31\u003c\/p\u003e \u003cp\u003e\u003cb\u003eCHAPTER 3 The Microfinance Value Chain 33\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e3.1 The Protagonists and Their Tasks 34\u003c\/p\u003e \u003cp\u003e3.2 Regulatory Environment 36\u003c\/p\u003e \u003cp\u003e3.3 Development Finance Institutions 37\u003c\/p\u003e \u003cp\u003e3.4 Market Overview 39\u003c\/p\u003e \u003cp\u003e3.5 Geneva: Birthplace of Modern Microfinance 42\u003c\/p\u003e \u003cp\u003e3.6 Preliminary Conclusions 46\u003c\/p\u003e \u003cp\u003eNotes 47\u003c\/p\u003e \u003cp\u003e\u003cb\u003eCHAPTER 4 Micro Entrepreneurs 49\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e4.1 Definition 50\u003c\/p\u003e \u003cp\u003e4.2 Needs and Requirements 52\u003c\/p\u003e \u003cp\u003e4.3 Micro Entrepreneurs 59\u003c\/p\u003e \u003cp\u003e4.4 Preliminary Conclusions 67\u003c\/p\u003e \u003cp\u003eNotes 68\u003c\/p\u003e \u003cp\u003e\u003cb\u003eCHAPTER 5 Microfinance Institutions 71\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e5.1 Definition and Goals 72\u003c\/p\u003e \u003cp\u003e5.2 Types of MFIs 73\u003c\/p\u003e \u003cp\u003e5.3 MFI Funding 76\u003c\/p\u003e \u003cp\u003e5.4 Services 85\u003c\/p\u003e \u003cp\u003e5.5 Regulation 88\u003c\/p\u003e \u003cp\u003e5.6 Preliminary Conclusions 94\u003c\/p\u003e \u003cp\u003eNotes 96\u003c\/p\u003e \u003cp\u003e\u003cb\u003eCHAPTER 6 Lending Methodologies 99\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e6.1 Traditional Credit Theory and Microfinance 100\u003c\/p\u003e \u003cp\u003e6.2 Lending Methodologies 101\u003c\/p\u003e \u003cp\u003e6.3 Socio-Economic Factors 104\u003c\/p\u003e \u003cp\u003e6.4 Late Payments and Over-Indebtedness of Clients 108\u003c\/p\u003e \u003cp\u003e6.5 Default Prevention and Restructuring 110\u003c\/p\u003e \u003cp\u003e6.6 Occupation: Loan Officer 113\u003c\/p\u003e \u003cp\u003e6.7 Preliminary Conclusions 114\u003c\/p\u003e \u003cp\u003eNotes 116\u003c\/p\u003e \u003cp\u003e\u003cb\u003eCHAPTER 7 Loan Pricing 119\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e7.1 Interest Rate Components 120\u003c\/p\u003e \u003cp\u003e7.2 Setting Sustainable Interest Rates 127\u003c\/p\u003e \u003cp\u003e7.3 Regional Differences 127\u003c\/p\u003e \u003cp\u003e7.4 Loan Recipients’ Willingness to Repay 129\u003c\/p\u003e \u003cp\u003e7.5 Preliminary Conclusions 130\u003c\/p\u003e \u003cp\u003eNotes 132\u003c\/p\u003e \u003cp\u003e\u003cb\u003eCHAPTER 8 Social Performance Management 133\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e8.1 Social Performance 134\u003c\/p\u003e \u003cp\u003e8.2 Measuring Social Performance 135\u003c\/p\u003e \u003cp\u003e8.3 Measuring the Outcome of Microfinance 149\u003c\/p\u003e \u003cp\u003e8.4 Social Rating Agencies 151\u003c\/p\u003e \u003cp\u003e8.5 Technical Assistance 153\u003c\/p\u003e \u003cp\u003e8.6 Linking Social Performance with Profitability 156\u003c\/p\u003e \u003cp\u003e8.7 Preliminary Conclusions 157\u003c\/p\u003e \u003cp\u003eNotes 159\u003c\/p\u003e \u003cp\u003e\u003cb\u003eCHAPTER 9 Beyond the Reach of Microfinance? 161\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e9.1 Prejudices and Reservations 162\u003c\/p\u003e \u003cp\u003e9.2 Preliminary Conclusions 171\u003c\/p\u003e \u003cp\u003eNotes 172\u003c\/p\u003e \u003cp\u003e\u003cb\u003eCHAPTER 10 Investing in Microfinance 175\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e10.1 Market Development 176\u003c\/p\u003e \u003cp\u003e10.2 Microfinance Investment Vehicles 177\u003c\/p\u003e \u003cp\u003e10.3 The Investment Process 181\u003c\/p\u003e \u003cp\u003e10.4 Loan Agreements and Pricing Policy 187\u003c\/p\u003e \u003cp\u003e10.5 Microfinance in the Overall Investment Portfolio 191\u003c\/p\u003e \u003cp\u003e10.6 Incentives for Investing in Microfinance 195\u003c\/p\u003e \u003cp\u003e10.7 Preliminary Conclusions 197\u003c\/p\u003e \u003cp\u003eNotes 199\u003c\/p\u003e \u003cp\u003e\u003cb\u003eCHAPTER 11 Real and Financial Economy 201\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e11.1 Microfinance Is Crisis-Proof 202\u003c\/p\u003e \u003cp\u003e11.2 Real Economy and Local Influencing Factors 203\u003c\/p\u003e \u003cp\u003e11.3 Financial Economy 205\u003c\/p\u003e \u003cp\u003e11.4 Stability Mechanisms 207\u003c\/p\u003e \u003cp\u003e11.5 Preliminary Conclusions 208\u003c\/p\u003e \u003cp\u003eNotes 209\u003c\/p\u003e \u003cp\u003e\u003cb\u003eCHAPTER 12 Discussion of Results and Conclusions 211\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e12.1 Win-Win-Win 212\u003c\/p\u003e \u003cp\u003e12.2 Onwards and Upwards 212\u003c\/p\u003e \u003cp\u003eNotes 215\u003c\/p\u003e \u003cp\u003eAPPENDIX A Example of a Loan Application 217\u003c\/p\u003e \u003cp\u003eAPPENDIX B Due Diligence of Socio-Economic Impact Factors 221\u003c\/p\u003e \u003cp\u003eList of Abbreviations 227\u003c\/p\u003e \u003cp\u003eGlossary 229\u003c\/p\u003e \u003cp\u003eReferences 233\u003c\/p\u003e \u003cp\u003ePhoto Credits 243\u003c\/p\u003e \u003cp\u003eIndex 245\u003c\/p\u003e\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003eSubject Areas: Finance \u0026amp; accounting [\u003ca title=\"See our other books on Finance \u0026amp; accounting\" href=\"https:\/\/freshlyprintedbooks.co.uk\/search?q=%22Finance%20\u0026amp;%20accounting%20%5BKF%5D%22\"\u003eKF\u003c\/a\u003e]\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\u003c\/font\u003e","brand":"Wiley","offers":[{"title":"Brand New","offer_id":52428552339736,"sku":"9781119338208","price":29.89,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0730\/2037\/5320\/files\/9781119338208_295553.jpg?v=1784679824","url":"https:\/\/freshlyprintedbooks.co.uk\/products\/small-money-big-impact-fighting-poverty-with-microfinance-hardback-9781119338208","provider":"Freshly Printed Books","version":"1.0","type":"link"}