Microfinance Institutions and Public Policy

September 1, 2002

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Disclaimer: This Working Paper should not be reported as representing the views of the IMF.The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate

Summary

Many governments and nongovernmental organizations have adopted policies to promote the growth of microfinance institutions (MFIs). The appropriate level and form of support for MFIs are discussed in this paper on the basis of a review of key MFI characteristics. Governments are also responsible for the regulation of MFIs; here, some principles concerning the extent and coverage of MFI regulation and supervision are developed.

Subject: Commercial banks, Deposit insurance, Financial crises, Financial institutions, Financial services, Loans, Microfinance

Keywords: a number of MFI, bank regulation, Commercial banks, cost structure, Deposit insurance, foreign currency, Global, Loans, member MFI, merit assistance, MFI activity, MFI borrower, MFI business, MFI regulation, MFI sector, MFIS capital, MFIS help, microcredit, microfinance, WP

Pages:
37
Volume:
2002
DOI:
https://doi.org/10.5089/9781451857689.001
Issue:
159
Series:
Working Paper No. 2002/159
Stock No:
WPIEA1592002
ISBN:
9781451857689
ISSN:
1018-5941

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