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portada Governance in Microfinance
Type
Physical Book
Author
Publisher
Language
English
Pages
64
Format
Paperback
Dimensions
22.9x15.2x0.4 cm
Weight
0.10 kg.
ISBN13
9786206207528
Categories

Governance in Microfinance

Innocent Mukambilwa (Author) · Our Knowledge Publishing · Paperback

Governance in Microfinance - Mukambilwa, Innocent

New Book Imported to Taiwan
Delivery: 15 Oct - 23 Oct Shipping: 13 to 14 business days.
NT$ 1,681
NT$ 1,681

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Synopsis "Governance in Microfinance"

It was not by chance that the author chose the title "Governance in microfinance" in the context of an environment in the town of Goma, the capital of North Kivu Province in the Democratic Republic of Congo, where the enthusiasm for micro-credit had unfortunately not been encouraged by severe avant-garde measures against the enemies of the sector's development. He refers to observations on the ground regarding the dismal failures of certain savings and loan cooperatives, which were forced to close their doors without repaying their members' investments. Apart from the non-repayment of loans, the crisis in some cooperatives and microfinance institutions (MFIs) was exacerbated by a failure to comply with the rules of good management. Loans were distributed without sufficient regard for the soundness of the applications submitted. The sentimental preferences of managers sometimes took precedence over the policies and procedures in force. There is a substantial correlation between performance and the application of good governance standards.

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