MKT 310 Lecture Notes - Lecture 8: Microfinance, Microcredit, Risk Management Tools
Document Summary
Mkt 310 online module: intro to microfinance. The beginnings of micro credit: microcredit. Fosters social and economic development: microcredit vs. microfinance. Practice of granting loans to the poor. Use money more proactively than male counterparts. Lend to groups to increase chances of success. Offer individual microfinance loans to men as well. Investing in micro finance: commercial investments growing, new innovative ways for people to invest in microfinance (via the web, transparency in microfinance. Research institutions transparency practices: social investment. Select mutual funds that are socially minded. Funds account for 12% of managed money: the market. 1. 5 billion poor eligible for microfinance room for massive growth in the industry: kiva: online microfinance website, most microfinance practices are not nationalized. The ideal client and money practices of the poor. First time participants in monetized activities: the poor"s mo(cid:374)e(cid:455) ma(cid:374)age(cid:373)e(cid:374)t. Saving money often results in money borrowing.
