Small Customers, Big Market : Commercial Banks in Microfinance
Contents: Preface. Introduction: Why should commercial banks be interested in microfinance? 1. The microbanking division of Bank Rakyat Indonesia: a flagship of rural microfinance in Asia/Hans Dieter Seibel. 2. Mainstreaming Grameen banking in Philippines/Fabrizio Felloni, Hans Dieter Seibel and Andres Cornejo. 3. The bank of Khyber, Pakistan/Amjad Ali Arbab. 4. Wholesale microfinance: Sonali Bank, Bangladesh/M. Abdul Awal and Abul Kalam Azad. 5. Microfinance through self-help groups - case study of Bank of India/Vijay Kulkarni. 6. Canara Bank, Alanganallur Branch, Madurai District, Tamil Nadu, India/R. Srinivasan. 7. Oriental Bank of Commerce\'s Microfinance Project, India/Ravinder Yadav. 8. ICICI Bank, India/Tara Nair, M.S. Sriram and Viswanath Prasad. 9. Microfinance at Banque du Caire, Egypt/Cathryn Carlson. 10. Strategic partnerships in microfinance: the case of the Commercial Bank of Zimbabwe/Kenneth Rufasha. 11. Equity Building Society\'s market-led approach to microfinance in Kenya/Graham A.N. Wright and James Mwangi. 12. Finadev SA: the first commercial bank for microfinance in Benin/Lawson and Herman Messan. 13. Banco Solidario, Ecuador/Melita Sawyer and Maria Soledad Jarrin. 14. Bancafe, Guatemala/Job Blidenstein. 15. The service company model: Sogesol in Haiti/Elisabeth Rhyne. 16. The American Bank of Kosovo/Veronica Gilbert and Roshika Singh. 17. Commercial banks in microfinance in Georgia/Teona Mikadze and Guillemette Jaffrin. 18. Agricultural Bank of Mongolia (Khan Bank)/J. Peter Morrow, Jay Dyer and Robin Young. Conclusions. Endnotes. References. Index.
"This book shows commercial bankers that they can profitably provide microfinance services to the poor. It illustrates, through the experience of particular banks, why banks have become involved and how they have made a success of their involvement.
The eighteen case studies, from all parts of the world, show that banks can earn good profits at the same time as serving the needs of people who previously lacked access to financial services.
The authors also demonstrate to foreign aid donors, policymakers, NGO staff and microfinance practitioners that it is often quicker, less expensive and more effective for microfinance services to be provided by commercial banks than by specialist microfinance institutions."
