Microfinance

GLOBAL INVESTOR FOCUS
Microfinance—07
08
Jane Nelson // Harvard University
Harnessing the potential of microfinance
Especially in developing countries, microenterprises lack access to
reliable financial services, but the solutions are in our reach.
Table of contents
12
Klaus Tischhauser // responsAbility
Ecuador: The market, credit systems and clients
One of the key success factors is the way the banking business
has adapted to clients’ needs. A closer look at Ecuador.
15
Sylvie Golay, Ursula Oser // Credit Suisse
Microfinance as an attractive business model
Enhancing the productivity of millions of microentrepreneurs in the
emerging markets can be financially rewarding.
18
Davos roundtable
Is access to capital a key factor for development?
Is access to capital a key factor for development and poverty alleviation?
The role of microfinance.
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Christian Gattiker-Ericsson, Sylvie Golay // Credit Suisse
The microfinance market
An increasing number of mainstream financial players are becoming
active in the promising market for microfinance.
30
Philipp Jung // University of St. Gallen, Mike Imam // Credit Suisse
Securitization of microloans
Refinancing microfinance banks has the potential to generate significant
benefits for both investors and microfinance banks.
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Klaus Tischhauser // responsAbility
Bridging the gap: The responsAbility Global Microfinance Fund
Institutional and private investors’ access to financial returns and
social benefits.
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Author index
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