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 New
Horizons > December
2001
Books and publications
The
Microfinance Revolution: Sustainable Finance for the Poor
by Marguerite S. Robinson, The World Bank/Open Society Institute,
Washington, D.C., May 2001.
 The
Microfinance Revolution provides an excellent comprehensive
picture of the micro finance industry today, as well as the
implications of micro finance for social and economic development.
This book will be appreciated by a diverse readership, from
experts in the field, or related areas, to anyone interested
in development. Marguerite Robinson is a social anthropologist
and internationally recognised expert on micro finance. She
has worked extensively in rural areas and among the poor in
India, Sri Lanka and Indonesia, where she served for many
years as adviser to the Ministry of Finance and the Bank Rakyat
Indonesia. She has also worked in Latin America and Africa
advising governments, banks and donors. Marguerite Robinson
is the author of many papers and books on development and
micro finance.
Mainstreaming
Microfinance: How Lending to the Poor Began, Grew, and Came
of Age
in Bolivia by Elisabeth Rhyne, Kumarian Press, Inc.,
Bloomfield, Connecticut, USA, 2001.
The
book explores how social activists in Bolivia shaped the character
of the institutions that now dominate the country’s micro
finance sector. Elisabeth Rhyne traces how these institutions
proved that lending to micro enterprises could become commercially
viable. It also closely examines micro finance under the conditions
of commercialisation and competition that have altered the
dynamics of the new industry. The author has been involved
with micro finance since the mid-1980s and is today one of
the leading thinkers and writers on the subject. She has ten
years of leadership experience in the micro finance programmes
of the US Agency for International Development. As an independent
consultant, Elisabeth Rhyne has advised micro finance institutions,
international NGOs and governments. She is currently a member
of the senior management of Acción International.
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