To access this article visit: Great Expectations: Microfinance and Poverty Reduction in Asia and Latin America
Authors: John Weiss and Heather Montgomery
Published by: Asian Development Bank Institute, September 2004
Quantitative Information: This article compares the development and status of microfinance within two regions: Asia and Latin America. The authors suggest Asia is more effective at reaching the poor, whereas Latin America is more advanced in developing microenterprise åö using the average loan balance per borrower of US$581 in Latin America versus US$195 in
Qualitative Information: Introduced as evolving for different purposes, microfinance within Latin America åö initially having a greater focus on commercial profitability åö is contrasted against
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