Topics

Finance for the Poor
Microfinance Development Strategy

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In June 2000, ADB approved the Microfinance Development Strategy designed to provide a broad range of financial services such as

• deposits
• loans
• payment services
• money transfers
• insurance to the poor and low-income households and their microenterprises

Microfinance services are provided by three types of sources:

• formal institutions
• semi-formal institutions such as NGOs
• informal sources such as money lenders and shopkeepers

Institutional microfinance includes microfinance services provided by both formal and semiformal institutions.

Microfinance institutions (MFIs) are institutions whose major business is the provision of microfinance services.

View the document [ PDF: 169kb | 52 pages ]. To read, you need Acrobat.

Contents

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1. Introduction

2. Need for a Development Strategy for Microfinance

3. Microfinance in the Asian and Pacific Region

1. Demand for Microfinance Services

2. Supply of Microfinance Services

3. Major Achievements in Microfinance

4. Challenges

4. ADB’s Microfinance Experience

1. Review

2. Development Impact

3. Lessons Learned

5. Other Agencies’ Microfinance Experience

6. ADB’s Microfinance Development Strategy

1. Goal and Purpose

2. Strategy

3. Strategic Focus

7. Implementation of the Strategy

1. Mainstreaming Microfinance

2. Better Use of Existing Modalities

3. Enhancing ADB’s Private Sector Operations

4. Building ADB’s Capacity

5. Coordination Among Funding Agencies

6. Monitoring Implementation

7. Review of the Strategy

Appendices [ PDF: 37.9kb | 11 pages ]